Hospitality and Entertainment
Benefits and Value
Performance management software and services from Cognos, an IBM company, deliver insights and competitive advantage to hospitality and entertainment companies worldwide.
Business intelligence, reporting, and analysis
Cognos offers the most comprehensive reporting coverage in the industry. Build financial statements, location performance reports, territory sales reports, and more.
- Evaluate companies and properties as acquisition candidates.
- Decide whether to launch, continue, or terminate a brand or promotion.
- Identify top performing products, managers, and events.
- Allow self-service ad hoc reporting for users across the business.
- Share information with key partners and suppliers through a BI extranet.
Learn more about Cognos reporting, analysis, and business intelligence software.
See a demo of the industry's next generation all-in-one reporting software.
Consolidation, forecasting, and planning
Hospitality and entertainment firms that choose Cognos planning and consolidation software can identify and capitalize on the next wave of consumer behavior.
You can use planning and consolidation software to:
- Augment or replace cumbersome spreadsheet-based systems.
- Enable driver-based planning to streamline and focus efforts around hiring, re-stocking inventory, or sales.
- Use rolling forecasts to increase forward visibility into financial performance.
- Reduce consolidation, close, and reporting cycles by days or weeks.
- Manage multiple reporting and consolidation standards across different jurisdictions; inter-company elimination and reconciliation; multicurrency translation; complex ownership calculations and financial consolidation rules.
- Conduct what-if scenarios for new campaigns or products.
Learn more about Cognos planning and consolidation software.
See a demo of our integrated planning software.
Scorecarding
Track your key corporate performance indicators from your desktop.
- Track performance against key milestones such as same store sales, staff turnover, and high season bookings.
- Create key performance indicators for performance of a specific country, product line, or promotional package.
- Monitor sales performance based on customer turnover, menu selection, staffing and time of year.
- Link all performance indicators to model your annual business strategies.
Learn more about Cognos scorecarding software.
See a demo of our Balanced Scorecard-certified software.
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