Assist Owners/Operators in Compliance with
USALI 10th Revised Edition
Service Offering Improves Transparency of Hotel Financial Reporting Ratios and Statistics
|Rockville, MD, March 21, 2007 – Professional Accounting Solutions,
Inc., PAS, a global provider of hotel back office accounting and technology
services, announced today the launch of a new business service providing
integrated core design, financial reporting and operating analysis to hotels
and resorts based on the Uniform System of Accounts for the Lodging Industry
(USALI) 10th Revised Edition.
PAS’ offering marks a natural extension of its related service offerings in hotel back office operations, deployment, shared service center strategies and help desk. These services encompass value-centric approaches to business process improvements by delivering greater efficiencies and cost savings, strengthening SOX compliance/internal controls, and improving financial reporting and operating analysis. With its ability to leverage its in-depth hotel accounting knowledge base and technology toolsets for back office operations, PAS addresses the increasing demand for creating real value in back office operations and transparency in hotel financial reporting and operating metrics. These support clients’ need to improve profits and maximize owners’ total returns.
“PAS will bring fresh thinking and a renewed approach to the hotel financial reporting arena for the benefit of not only the operators, but also for the owners and 3rd parties who desire both timely and more information”, according to Bill Euler, Jr. CPA, president of PAS.
PAS provides integrated core design, financial reporting and operating analysis to hotels and resorts based on the USALI 10th Revised Edition. Drawing upon the experience and expertise of its team, PAS provides a wide array of services designed to deliver greater efficiencies and cost savings. The PAS team includes CPAs and IT professionals experienced in hotel back office operations.
|Also See:||PAS Introduces Hospitality Daily and Monthly Reporting eService; New PAS Hospitality eService focuses on automating daily and monthly operational information reporting for multi-hotel organizations / February 2006|