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FairPlanner

by Fairmas · Since 2003
No reviews yet
Active4+ countriesCloud
Quick facts
VendorFairmas
Year launched2003
StatusActive
LocationEUREF-Campus 13, Berlin, 10829, DE
Countries served4+
Languages5
Integrations1+
Free tier
Free trial
Contact salesYES

About FairPlanner

FairPlanner is a hospitality financial BI solution from Fairmas designed for Financial Planning, Controlling & Reporting. It combines financial forecasting, budget planning, and performance tracking so users can assess their financial health effectively. This software supports various integrations and offers comprehensive reporting capabilities to cater to diverse business needs. FairPlanner is suitable for stakeholders in the hospitality sector looking to improve financial transparency and decision-making processes. Key capabilities: financial forecasting budget planning performance tracking comprehensive reporting integration support Best for: hospitality managers and financial analysts that need reliable financial planning tools.

FairPlanner by Fairmas is a comprehensive financial planning and management reporting software specifically designed for the hotel industry. Its primary purpose is to streamline the financial planning process, offering advanced budgeting, forecasting, and reporting capabilities. By reducing reliance on spreadsheets, FairPlanner enables hoteliers to make process-driven decisions, customize workflows, and access accurate data with ease. This platform provides a robust solution for sustainable financial growth in the hospitality sector. The user interface of FairPlanner is intuitive and user-friendly. It features a dashboard of relevant KPIs, providing 360° insights at a glance. The design is clean and organized, making it easy for users to navigate through various functionalities. Unique design elements include customizable views and flexible planning scenarios, allowing users to adapt the interface to their specific needs. FairPlanner boasts a range of functionalities and features that set it apart from its competitors. It offers advanced budgeting, forecasting, and reporting capabilities, along with compliance and tax management features. The software also includes revenue planning and analytics, providing detailed solutions for efficient revenue planning and profitability analysis.

Pros & Cons

What users like
  • +1. Hospitality-Specific: Designed specifically for the hospitality industry, FairPlanner understands hotel operations and uses hotel-specific P&L charts of accounts for accurate planning.
  • +2. Comprehensive Functionality: Offers a 360-degree approach to financial planning and analysis, encompassing budgeting, forecasting, KPI tracking, and reporting.
  • +3. Intuitive Interface: The software is designed to be user-friendly, with a dashboard for easy access to crucial information.
  • +4. Streamlined Data Integration: FairPlanner integrates with over 100 property management and related systems, eliminating manual data entry and ensuring consistency.
  • +5. Proactive Management: The Rolling Forecast feature allows for continuous updates and future-oriented planning, enabling proactive identification of potential issues.
  • +6. Customizable Reporting: Provides flexibility in report generation based on user needs and management levels.
  • +7. Multi-Property Management: Supports financial planning for both individual hotels and multi-property portfolios, with KPI comparisons for holistic performance analysis.
What users flag
  • 1. Limited Feature Visibility: The provided information doesn't disclose all functionalities in detail. It's unclear if the software offers advanced features beyond core budgeting, forecasting, and reporting.
  • 2. Scalability Unclear: Whether the software scales well for very large hotel chains is not readily apparent from the provided information.
  • 3. Security Features Unmentioned: Security features of the software are not explicitly mentioned, which could be a concern for some users.

Features

Key features

1. 360° Hospitality Financial Planning & Analysis
FairPlanner is designed specifically for the hospitality industry, offering comprehensive financial planning and analysis functionalities. It caters to all hotel departments and leverages hotel-specific P&L charts of accounts for accurate budgeting and forecasting.
2. Intuitive Planning & Controlling
The software boasts an intuitive interface for streamlined planning and control processes. It provides a user-friendly dashboard with relevant KPIs for quick access to crucial financial insights.
3. Data Integration
FairPlanner integrates seamlessly with over 100 different property management, accounting, document management, and revenue management systems. This eliminates manual data entry and ensures data consistency.
4. Rolling Forecast
This feature allows users to keep financial figures up-to-date and plan for future developments. Daily or monthly forecasts can be generated to identify potential deviations and make informed decisions proactively.
5. Customizable Reporting
FairPlanner offers flexibility in report generation. Users can define the content and information depth based on cost and profit centers and management levels. Additionally, ad-hoc reports can be created quickly and easily to address specific needs.
6. Multi-Property Management
The software facilitates financial planning and analysis for single properties or multi-property portfolios. KPIs can be compared across different properties for a holistic view of performance.

Additional features

1. Budgeting and Forecasting
Core functionalities for creating financial budgets and forecasts.
2. P&L (Profit and Loss) Planning
Supports planning based on hotel-specific P&L charts of accounts.
3. KPI (Key Performance Indicator) Management
Tracks and analyzes key performance indicators for informed decision-making.
4. Dashboard Reporting
Provides a centralized dashboard for visualizing important financial data.
5. Data Integration
Connects with over 100 property management and related systems.
6. Customizable Reports
Allows tailoring reports to specific needs and user levels.
7. Multi-Property Support
Manages financial planning for individual properties and entire portfolios.
8. Comparison Tools
Enables comparison of KPIs across different properties.
9. Ad-hoc Reporting
Generates reports on-demand for specific analyses.
10. Alerts and Notifications
(Not explicitly mentioned, but potentially available based on the "identify deviations" functionality).

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

4
Countries served
5
Interface languages
15
Billing currencies

Available in

GermanySpainCanadaItaly

Interface languages

EnglishDeutschEspañolFrançaisItaliano

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇨🇭CHF🇯🇵JPY🇭🇰HKD🇨🇳CNY🇸🇬SGD🇮🇳INR🇰🇷KRW🇧🇷BRL🇲🇽MXN🇿🇦ZAR

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