openPR Logo
Press release

Fairmas and LucaNet enter into strategic partnership

03-05-2020 05:55 PM CET | IT, New Media & Software

Press release from: Fairmas GmbH

Fairmas-LucaNet partnership

Fairmas-LucaNet partnership

Through the combination of Fairmas and LucaNet, hotel groups can meet all requirements of modern financial controlling

Berlin: Fairmas, specialist for web-based solutions in financial planning, controlling and management reporting for the hotel industry and LucaNet, international provider of software and consulting for financial performance management, enter into a strategic partnership and thus offer hotel groups the perfect solution-combination for holistic financial controlling.

In times of globalization, concentration processes as well as growing competitive pressure with rising costs, the optimization of financial processes to secure long-term corporate success is becoming increasingly important. By combining both solutions, hotel groups not only meet all requirements of operational controlling and integrated financial planning, but can also prepare the required legal individual and consolidated financial statements at the same time - and all this in accordance with any accounting and/or industry standards such as HGB, IFRS and USALI.

Last year, the two Berlin-based experts for financial software already recognized the potential and benefits of working together as the two systems complement each other perfectly. Many hotel groups, such as the Novum Group in Hamburg, Meininger Hotels in Berlin and Lindner Hotels in Dusseldorf, are already using the combined solution of Fairmas and LucaNet with great success. Within the scope of these joint projects, an API-based interface was developed that guarantees an automated transfer between the applications. This eliminates manual data transfer, which is time-consuming and error-prone.

"Fairmas firmly believes that the removal of obstacles in the automated data exchange between different expert software significantly increases user-friendliness and thus creates space for more comprehensive analyses. We look forward to working with LucaNet. By combining our strengths, we are making it possible for our mutual customers to access a complete 360-degree picture of their financial situation - from the operational level to the top of the group," says Niels Schroeder, Managing Director of Fairmas.

"With our solution for financial performance management, all processes in the areas of consolidation, planning, reporting and analysis are automated and accelerated. Together with Fairmas, a long-established hotel specialist for operational financial planning processes, we will form the perfect team in the future to always find the most intelligent solutions for our customers in the hotel industry," explains Dominik Duchon, Chief Sales Officer at LucaNet.

Fairmas GmbH
Christina Niessen
Sales & Marketing Assistant
christina.niessen@fairmas.com
+49 (0)30 - 322 940 5 20
Sachsendamm 2
10829 Berlin

About Fairmas:
Fairmas GmbH, headquartered in Berlin, develops web-based financial planning, controlling and management reporting solutions, as well as daily benchmarking (only in Germany) especially for the hotel industry. Fairmas software solutions integrate easily into the hotel's existing IT software environment and interface efficiently with all major property management systems (PMS), accounting systems and document management systems among others. Fairmas has been a strong partner to the hospitality industry since 2003. Currently, over 11,000 users in more than 4,000 hotels worldwide are using the company's software solutions - from global hotel chains, to leisure hotels and privately owned hotels. Experienced executives from the industry secure the hotel industry know-how, while a team of 45 hotel and IT specialists ensures the creative solutions of tailor-made software products. For more information or free demonstration, please visit www.fairmas.com.

About LucaNet:
Since 1999, we've been going the extra mile as market leader in Financial Performance Management. We offer easy-to-use software coupled with expert consulting to master financial consolidation, planning, reporting, and data management. Our software provides 100% reliable data, making the lives of CFOs, controllers and group accountants a lot easier - every single day.

At LucaNet, we never tire of searching for the most intelligent solutions - for financial experts, by financial experts. We are constantly challenging ourselves and questioning the tried-and-true. And this resonates with our clients: more than 2,700 clients in over 50 countries put their trust in LucaNet, including names such as FTI Touristik, edding, Leica, Roland Berger and Vaude. From our headquarters in Berlin and our national and international offices to our partner network around the world: wherever financial teams need reliable data, we excel in making finance easier. Empowering you to focus more on the essence of your business. For more information, please visit www.lucanet.com.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fairmas and LucaNet enter into strategic partnership here

News-ID: 1956124 • Views: 313

More Releases from Fairmas GmbH

Fairmas BI Tool Now Integrated With Benchmarking Firm HotStats
Fairmas, the cloud-native business intelligence financial tool serving the hotel industry and HotStats, the global leader in monthly profit and loss data benchmarking, have announced a new integration via FairPlanner, Fairmas’ P&L planning, controlling and reporting tool, allowing for the seamless transition of data from hotels on the Fairmas platform to HotStats. The integration allows for mutual clients of the two to enter their monthly actual data once into FairPlanner,
Fairmas further expands with Valencia representative office
Carla Richart represents Berlin-based hotel software developer Fairmas in Spain Carla Richart is responsible for the business development of Fairmas GmbH within the Spanish hotel market, as she moves from Berlin back to her hometown of Valencia. She takes charge of the hotel software company’s representation in the Iberian Peninsula, the Balearic Islands and the Canary Islands with immediate effect. Following the first opening of a representative office in Amsterdam
RIMC Hotels & Resorts automate revenue monitoring with Fairmas software
The financial planning software FairPlanner convinced RIMC Hotels & Resorts to also use PickupTracking Berlin, 16 December 2019: Fairmas and RIMC Hotels & Resorts strengthen their relationship. After seeing the positive outcome of their optimized financial planning processes using FairPlanner, the internationally operating hotel operator based in Hamburg has decided to automate its revenue monitoring with PickupTracking from Fairmas. RIMC International Hotels & Resorts GmbH is one of the leading international
Fairmas joins IHTF 2019 in Zagreb
Fairmas is third-time sponsor of the International Hotel Technology Forum Berlin 06.05.2019 The International Hotel Technology Forum (IHTF) will take place this year from 14th to 16th May in Zagreb, Croatia. Fairmas supports IHTF for the third time serving as an official sponsor. For the past 15 years, the international forum has brought together the hotel industry of the entire EMEA region and hotel-specific technology providers. On this 16th edition, the

All 5 Releases


More Releases for LucaNet

Financial Accounting Software Market to 2025 - Infor, Intuit, Lucanet Ag, Onestr …
The global Financial Accounting Software Market accounted to US$ 4.36 Bn in 2017 and is expected to grow at a CAGR of 11.7% during the forecast period 2018 - 2025, to account to US$ 10.37 Bn by 2025. Driving factors such as gaining prominence of the cloud based accounting software, growing demands for an efficient yet cost-effective solution for managing accounting related tasks, and demand for a more enhanced solution
financial accounting software to grow at Cagr of 11.7% during the forecast perio …
The global financial accounting software market accounted to US$ 4.36 Bn in 2017 and is expected to grow at a CAGR of 11.7% during the forecast period 2018 - 2025, to account to US$ 10.37 Bn by 2025. The major factors driving the growth of the market are increasing prominence of the cloud based accounting software, growing demands for an efficient yet cost-effective solution for managing accounting related tasks, and
Global Disclosure Management Market 2019 - Lucanet, Ocr Services, Trintech, Anaq …
The need to comply with industry regulations to sustain the market competition is one of the key factors expected to fuel the growth of this market. Additionally, the growing business expansion, particularly in the developing countries of Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America, is expected to increase the adoption of disclosure management solutions and related services, which in turn, would create further opportunities for the
Financial Accounting Software Market Global Outlook to 2025 | Industry Top Playe …
The global financial accounting software market accounted to US$ 4.36 Bn in 2017 and is expected to grow at a CAGR of 11.7% during the forecast period 2018 - 2025, to account to US$ 10.37 Bn by 2025. Driving factors such as gaining prominence of the cloud based accounting software, growing demands for an efficient yet cost-effective solution for managing accounting related tasks, and demand for a more enhanced solution
Simply intelligent - LucaNet 9.0 includes new modules for fast and reliable acco …
Berlin, 03.09.2012 - LucaNet AG, a leading provider of software for consolidation, planning, reporting and analysis, presented the Release of 9.0. This year the focus is primarily on the newly designed and expanded product portfolio. Besides the optimisation of the modules for planning and consolidation, the new modules Group Report, Importer and E-Balance Sheet have been developed: • The module Group Report allows decentralised collection and validation of data of any kind,
Leica consolidates with LucaNet
Berlin - Leica Camera AG has introduced the LucaNet.World software solution for its legal consolidation and corporate management. In future, the tool by the Berlin-based software producer will automatically perform the monthly consolidation. Leica stands for high-tech from Germany, visual enjoyment and lasting value. The foundation for the development of the brand was laid in the middle of the 19th century. Since then, the company has produced high-quality cameras, lenses and