Carats & Cake, a leading financial management platform for the events industry, has announced the launch of a new dashboard solution for sales and finance professionals working in the hospitality space. The dashboard offers property groups transparent, real-time reporting that is simple to use as part of its end-to-end revenue optimization platform.
The dashboard includes Invoice Creation & Scheduling, Real-Time Notifications, Insights into Prospect Engagement, Payment Type Optimization, and integrations with a variety of Property Management Solutions.
"Sales is always thinking about the next opportunity and finance is often looking at what has occurred to ensure all invoices are paid. With the Carats & Cake dashboard, we’re providing all business functions with access to the intelligence to drive their business forward by reducing that lag in up-to-date information," said Rhett Keller, Chief Revenue Officer, Carats & Cake.
Hospitality Finance Platforms
Carats & Cake
Trend Themes
1. Real-time Reporting - Platforms with real-time reporting dashboards can provide sales and finance professionals in the hospitality industry with the necessary data to make rapid decisions.
2. End-to-end Revenue Optimization Platform - Developing an end-to-end revenue optimization platform with integrations to a variety of property management solutions can streamline financial management for businesses in the hospitality industry.
3. Insights Into Prospect Engagement - Offering insights into prospect engagement alongside other financial management tools can provide businesses with a comprehensive view of their revenue pipeline, aiding in sales and revenue projections.
Industry Implications
1. Hospitality - The hospitality industry can benefit from the increased transparency and efficiency that real-time reporting and an end-to-end revenue optimization platform can offer in financial management.
2. Event Planning - Event planning professionals can make use of platforms like Carats & Cake with its dashboard solution to streamline the financial management of events, from invoicing to payment collection.
3. Sales and Finance - Sales and finance professionals can save time and improve their decision-making abilities through access to real-time financial data provided by platforms like Carats & Cake with its dashboard solution.