The Food and Beverage industry is one of the fastest-growing businesses in Vietnam. Whether you are running a coffee shop or a restaurant chain, you need a management system to help run and manage your business effectively. Why you need one, and what are the benefits a system can bring for your business? We will discuss these points in this article.

What an F&B management system can do

This software is built to support all restaurant operations and can apply to almost all business models. Here are some of the main features:

• Manage all your restaurant information: floor plan, area map, table setup, menu, promotions, and so on
• Connect and synchronize all POS devices
• You can split – combine orders, view order history, apply for promotions, send orders to kitchen printers or kitchen display units
• Manage employee & work shift

Besides, for hotels and hotel chains, an F&B system must have the ability to integrate with PMS to allow in-room charge.

What are the benefits?

• Save operation time and costs: All operational activities, from creating orders, printing bills to sending invoices, can be done quickly right on a POS device or mobile application. Your staff can serve guests smoothly and deliver excellent hospitality.
• Minimize errors: All the data is updated and synchronized between POS and kitchen printers. And this helps to remove the risk of wrong orders which could bring disappointment to your guests.
• Better business management: knowing your business performance at the right time with the correct data is very important. What you can count on as an F&B software is its clear dashboard and comprehensive reports. Just a glare to know how the business is going.
• Improve customer service: serve your guests better with a system that handles all your operation needs, so your staff can spend more time with the guests.

Select one for your restaurant

No matter what size or scale of your restaurant operations may be, the right management system is your most reliable source when it comes to both efficient operations and optimal growth. Here are points you should consider when selecting a system

1. Data transparency
   You want to make sure that the system gives you real-time data; across businesses. A restaurant manager needs to know what’s going on all the time. It is critical to have real-time data as you may need timely action when problems arise.
2. Easy to use
   No one wants a complicated system that takes months to master. Check the system interface before you decide to buy one. To make sure the interface is user-friendly, clean, and easy to understand.
3. Scalability
   Choose a system that can support your growth and geographic expansion in the long-run. You don’t want to keep changing the software as your business expands, as it will cost you a lot.

If you still have questions regarding choosing the right F&B system for your restaurant, don’t hesitate to contact our consultant team for further advice.

As a hotelier, having as many distribution channels as possible can guarantee to bring revenue for your business. However, as bookings start pouring in, managing these channels can be painful.

It is vitally important that you need a system that connects all channels from walk-in to online travel agents. In this article, we will discuss how our CRS can come to rescue you.

What is CRS?

CRS, or central reservation system, is a system that lies at the heart of a hotel’s function. The system contains hotel data like availability, rooms, rate plans, inventory, and helps to distribute that info to all distribution channels. Also, it synchronizes reservations and transactions.

Differenced between PMS, CRS, and channel manager

A property management system, or PMS, is all about operations. It manages all operational activities in a hotel from reception to accounting.

And normally, CRS is the main module of a PMS. It, of course, can be a stand-alone solution.

A Channel manager controls all distribution channels like OTAs, metasearch sites, GDSs. It connects to PMS, collects data from CRS, and re-distributes across channels. As rooms get booked, the inventory information is synced throughout all channels to prevent overbooking.

Main functions of a hotel CRS

• Reservation management: an executive dashboard shows detailed reservation & revenue reports, filtered by channels and properties.
• Support various payment gateways and card issuers.
• Cancellations and refunds management

Implementing a CRS increases efficiency due to the automation of numerous processes. Combining CRS with a Channel Manager system, you can effortlessly expand your opportunities to reach millions of potential guests globally at a low cost. Having a CRS also helps to set up a booking engine for your hotel to boost direct bookings.

Another benefit is better business management. Revenue reports are real-time updated, and comprehensive. You can easily see the performance from different channels and quickly adjust your sale strategy. As for hotel chains, a CRS can be useful as managers could have revenue reports from any properties at any location.

In conclusion, to succeed in a hyper-competitive market, hotels need to invest in technology that helps them optimize and effectively manage their business. Having a powerful CRS gives you the advantage of expanding the distribution network, streaming all booking processes, and providing an excellent guest experience.

Contact us for more details and consultations about CRS.

What is Property Management System?

PMS or Property Management System is a software to manage all hotel operations. In other words, the PMS lies at the heart of hotels, collects information, and coordinates operations from booking, check-in and check-out, housekeeping, maintenance, billing, payments, and more. In today’s world, PMS is not just a tool to manage hotel operations but to deliver a better guest experience.

Cloud-based PMS can be accessed from any device

Currently, there are two popular types: On-premises PMS and Cloud PMS.

On-premises PMS:

On-premises or server-based PMS stores limited data in the local hotel. You will need an IT department to operate, maintain and upgrade the system. Besides, you will need to invest in workstations, data centers, and backup storage.

Cloud-based PMS:

A cloud-based PMS uses cloud computing. The software can be accessed anytime, from any device that is connecting to the Internet. Cloud-based PMS has lower capital costs, while it’s easier to run, upgrade, and backup.

The main functions of a PMS

In general, a PMS includes the following functions and features:

• Reservation management
• Night audit
• Housekeeping management
• Distribution channel management
• Revenue management
• Guest profile management
• Business reports and analyses
• Allotment management
• Maintenance management
• Point of sales

Why you need a PMS

Undoubtedly, emerging technologies impact everyone. Guests are now expecting more from hotels. Thus, a hotel must provide a smooth personal guest experience or even exceed their expectation to win their royalty. Traditional management will not get you far in this area, and having a PMS is the first step. A cloud hotel management system would bring you better benefits in the long run:

• Secured information and real-time updates
• Lower operation costs and easy to manage tasks
• Minimize human mistakes
• Know your guests better with a 360-degree guest profile feature
• Take no time to set up rate plans and distribute across channels
• Comprehensive business reports with real-time data

Before choosing your PMS

Picking a PMS vendor depends on your operational scope and needs. Note down what you are looking for and answer the following questions:

• What kind of features does the software cover? Do they resolve your problems?
• How much does it cost? Any hidden cost?
• Is the software easy to use and mobile-friendly?
• Does the system comply with security standards?
• Does the supplier provide comprehensive customer support service?

Choosing the right PMS is critical as it can make or break your hotel operations. If you are looking for one, contact us to get a free consultation.

What is a Channel Manager?

A Channel Manager is a utility software that connects hotels to all online distribution channels and manages bookings from these channels.

Channel Managers can connect to dozens or hundreds of sales channels, global OTAs channels. It’s a powerful tool to boost your bookings while automatically updating and synchronizing your information in real-time on all channels.

How does Channel Manager work?

Thanks to the emerging technologies, travelers prefer to book their stays online, we see the rise of online booking agents (OTAs) such as Agoda, Booking.com, or Expedia. In the old way of doing, hoteliers would go and negotiate with each of these OTAs and then manage their bookings separately.

Channel Managers were created to remove these hassles, to help hoteliers get a better chance to enter new market places without losing revenue. Through Channel Manager, you can sell your inventory via online distribution channels around the world.

• Close/open inventory quickly

• Update room, rate plans, availability in real-time

Fully integrated with other distribution channels and 3rd party software let you automate business process without maing human mistakes

Channel Manager can act as a stand-alone system connecting distribution channels with your hotel, or even better, it can be integrated with the hotel’s PMS to fully automate your operations.

As an independent system:

You will have an account to access the Channel Manager dashboard where you can manage information such as room rates, room availability, and promotions. Channel Manager will automatically update this information for every channel. Because it operates independently, you have to monitor the Channel Manager dashboard regularly and manually update bookings to the PMS system (if any).

PMS integration:

• One-way integration: with this, once a booking is created, Channel Manager will send this information to your PMS.
• Two-way integration: The two-way integration between Channel Manager and PMS means room availability and room rates will be updated from PMS to Channel Manager and vice versa in real-time. This way will save you a lot of time in operations between two systems.

Channel Manager works independently or integrates 2-way with PMS system

Why you need a Channel Manager

Minimize operation time: a channel manager can integrate with your property management system or central reservations system as well as a booking engine to create a central control for your bookings.

Remove manual processes: with Channel Manager systems, you can say goodbye to manual data entry, which is time-consuming, and sometimes, creates errors. Besides, you will reduce the risk of overbookings as guests can only book a room that is actually available.

Increase profit, improve brand recognition: a channel manager can help you put your brand into the new markets, and there is a good chance that travelers will first discover your hotel on one of the top online travel channels. Connect to more online channels, more online bookings.

In short, a channel manager is a powerful tool to boost your bookings and revenue, while making life easy for you to manage inventories across distribution channels. Should you need further information on Channel Manager solutions, feel free to contact us!