Financial Reporting

 

SECCO helps your hotel to identify revenue opportunities and reduce operational cost.

This is achieved by implementing the Uniform System of Accounts for the Lodging Industry (in short USALI) - which is the international GAAP standard of financial reporting applied by all international hotels.

USALI is a reporting chart of accounts which differentiates between Profit Centres and Cost Centres.

Advantages:

  • Transparency of your hotel as a business, for your managers, owners and bank;
  • Easy-to-use tool to benchmark financial data with competing hotels, and measure business progress;
  • Ideal to measure the effectiveness of hotel management.



 

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