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Software Functionality Revealed in Detail
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 hotels and restaurants

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Documents related to » hotels and restaurants

Integrated EAM for Hotels: An Overview


According to a recent NYT article, the hotel industry saw record revenue last year reaching $138 billion, growing $28 billion from the previous year. In response, hotels increased rates and major chains like Hyatt and Marriott began planning new hotels. While the recent subprime crisis, low US dollar, and high gas prices have caused these chains to scale back new developments, they have not

hotels and restaurants  previous year. In response, hotels increased rates and major chains like Hyatt and Marriott began planning new hotels. While the recent subprime crisis, low US dollar, and high gas prices have caused these chains to scale back new developments, they have not trimmed them down by much. Over 6,000 new hotels have been built, with a third of those still under construction. While hotels have been seeing record profits (until recently), those profits have been hard earned. Guests, especially those in the thirt Read More

TEC Industry Watch: Enterprise Software News for the Week of July 30, 2012


SOFTWARE SELECTIONSVentura Manufacturing selects IQMSIndustry tags: Manufacturing, Assembly "Ventura Manufacturing, Inc. has adopted IQMS's manufacturing ERP software after reviewing multiple top-tier ERP vendors. Venture Manufacturing is headquartered in Zeeland, Michigan, and provides component assembly for furniture and automotive customers. Ventura will also run IQMS' EDI module and customer

hotels and restaurants  ERP X3 Industry tags: Hotels and restaurants Nando''s currently operates hundreds of restaurants across South Africa along with 30 others internationally, and has decided to implement Sage ERP X3 as its core global solution. The primary need for the new system was to integrate financial information across all divisions and provide central financial reporting functionality. The company also manages complex distribution and logistics, as well as projects for building new restaurant facilities projects; all Read More

Epicor Software Corp.: Completing Painstaking "e"Volution Part 1: About Epicor


Epicor Software is one of the first vendors and possibly the only mid-market vendor able to natively embrace customer and supplier activities tied to a core transactional back-office system. Fiscal 2001 will prove to be very challenging for Epicor Software and we believe the next 18 months will be the company's make-or-break period.

hotels and restaurants  hospitality markets (restaurants and hotels), newspaper publishing, public safety, property management & real estate, and libraries. Geac is also a best-of-breed provider of mainframe and client/server cross industry solutions for financial administration and human resources (HR) functions, and enterprise resource planning (ERP) applications for manufacturing, distribution, and supply chain management. Founded in 1971, with headquarters in Markham, Canada, Geac has been experiencing a steady growth over Read More

PurchasePro Acquires Stratton Warren


The $34 million digital marketplace provider is hoping to cash in on Stratton Warren's large customer base and domain expertise.

hotels and restaurants  online marketplace for large hotels, casinos, and restaurants and these companies make up a significant portion of Stratton''s customer base. Together, PurchasePro and Stratton Warren gain more ground against competitors, in particular GoCo-op.com (see TEC article, Does Someone You Never Ever Heard Of Hold The Keys To The E-Commerce Kingdom? ). Both rivals offer digital marketplace platforms including software, services and catalogs for hospitality related verticals. In contrast to Stratton, GoCo-op''s supp Read More

Geac Hopes To See System21 Shine Again Like 'Aurora' Part 3: Challenges and User Recommendations


One is only to hope that the Geac’s renewed interest in alliances and acquisition will be to the point of effectively enhancing prosperous product lines as required by its large installed base.

hotels and restaurants  penetration of competitors like hotels & restaurants, real estate and construction, it is indisputably, a completely different ball game in the global enterprise applications market in the mainstream industries. Modern enterprise applications must be able to support dynamic business requirements, and every vendor is compelled to add much more value to its products and services portfolio to attract and retain customers, rather than mainly investing in the existing bundle of disparate core products and hopi Read More

TEC’s I&CM Evaluation Center (Slowly but Surely) Gaining Traction - Part I


A number of earlier TEC articles and blog entries have analyzed the nascent sales performance management (SPM) or enterprise incentives management (EIM) software market, which has also been one of those areas with a significant uptake of on-demand deployments. Indeed, companies of all size increasingly use software packages for sales compensation and other incentives management, to more

hotels and restaurants  Fortune 500 customer, Starwood Hotels and Resorts (NYSE: HOT), and the first Fortune 200 customer, Waste Management (NYSE: WMI). 2007 was not a quiet year either, given the launch of Varicent SPM 4.0 , the launch of the first mobility solution for the SPM market (in a partnership with Vaultus ), and integration with Salesforce.com CRM . The company then also contracted its first overseas reseller, Tridant Pty in Australia, expanded its management team, and landed the first Fortune 100 customer. Today, Read More

Advancing the Art of Pricing with Science


Companies in search of a better, more precise method to determine the best prices for their products and to meet their margins, should harness statistical science to analyze transactions, and associated optimization algorithms to maximize revenues and profits.

hotels and restaurants  industries other than airlines, hotels, and retailers. These industries practice a form of science-based pricing called yield management . Yield management, also known as revenue management, was invented three decades ago; its goal is to fill as many seats and rooms as possible while charging the highest prices the market can bear. Since then, these industries have adopted sophisticated software programs to predict demand and to set prices, resulting in as many different price points per flight as Read More

Geac Gets Its Commonsense Share Of Consolidation, With Revolving Door CEOs No Less Part Three: Challenges and User Recommendations


The rejuvenated management team has done a praiseworthy job of bringing the company back to health while concurrently unveiling a new System21 product that can compete with the other products in the market. Deep vertical functionality, process integration, and the communication of a detailed product strategy blueprint to the market should help users manage total cost of ownership (TCO) during this era of conservative IT budgets.

hotels and restaurants  penetration of competitors like hotels & restaurants, real estate and construction, it is indisputably a completely different ball game in the global enterprise applications market in the mainstream industries. Modern enterprise applications must be able to support dynamic business requirements, and every vendor is compelled to add much more value to its products and services portfolio to attract and retain customers, rather than mainly invest in the existing bundle of disparate core products and hope Read More

Geac Lives By Acquisitions; Will It Die By An Acquisition?


After a slew of acquisitions in the past, which have had varied outcomes, Geac seems to be grooming itself to become an attractive acquisition target. This is the conclusion to be drawn from a tumultuous period since the company reported a loss-making quarter and subsequent back-to-back speedy departures of two CEOs.

hotels and restaurants  penetration of competitors like hotels and publishing. It is however, a completely different ball game in the global enterprise applications market in the mainstream industries. Contemporary enterprise applications must be able to support dynamic business requirements, which are nowadays directly related to customers'' e-business strategies. Therefore, every vendor is compelled to add much more value to its products and services portfolio to attract and retain customers, rather than mainly investing in Read More

The Potential of Visa's XML Standard


Visa introduces a new global XML invoice specification.

hotels and restaurants  spending on airline travel, hotels and car rental. Visa plans to expand the specification to support other merchant sectors including healthcare, maintenance, repair & operations (MRO), and fleet services. The specification may also be used by any system developer seeking a standard and interoperable definition for processing invoice data using XML. It provides a cross-industry, interoperable message format that enables processing of enhanced data across regions and industry sectors. Market Impact As the Read More

Growing Food and Beverage Businesses: Innovation to Maximize Market Opportunities


Global demand for food and beverages continues to rise, and the market will pay a premium for partially prepared healthier choices. Food and beverage manufacturers with innovative solutions for these niche markets are in a position to gain brand dominance, resulting in higher revenues, profits, and market share. Discover tactical and strategic innovative practices that can help support changes in your business processes.

hotels and restaurants  vending suppliers, restaurants, chefs, hotels, schools, and other types of institutions. A growing number are also reaching out directly to consumers on line. Consumers have a love-hate relationship with whole or partially processed foods. After years of being convinced that packaged foods with less fat or fewer carbohydrates were the answer to weight control, they are now returning to basics and looking for healthier, organic, and more appetizing alternatives. This is occurring in an era when time is Read More

Experience Montreal While at the TEC Vendor Challenge


If you’re attending the TEC Vendor Challenge event and are looking to see Montreal while you’re at it, I’m here to help. From now until the event date in mid-September, I will be posting suggestions of places to visit during your stay. The selections are based on my personal opinion of the best sights to see, exhibits to check out, places to eat, and lounges/bars to help you unwind after a long

hotels and restaurants  Montreal While at the TEC Vendor Challenge If you’re attending the TEC Vendor Challenge event and are looking to see Montreal while you’re at it, I’m here to help. From now until the event date in mid-September, I will be posting suggestions of places to visit during your stay. The selections are based on my personal opinion of the best sights to see, exhibits to check out, places to eat, and lounges/bars to help you unwind after a long day. I’m sure you’ve all heard that Montreal is Read More

Tracing Food Quality and Safety, or We Are What We Eat, After All (Part I)


Besides the ongoing (seemingly never-ending) presidential campaign and celebrity scandals/gossip, food safety is very much in the news. Indeed, incidents of outbreaks, contamination, product recalls and whatnot flood TV channels as breaking news every now and then. Consumers, governments and the various members of the food supply chain are rightly concerned about food safety, and there has been

hotels and restaurants  Food Quality and Safety, or We Are What We Eat, After All (Part I) Besides the ongoing (seemingly never-ending) presidential campaign and celebrity scandals/gossip, food safety is very much in the news. Indeed, incidents of outbreaks, contamination, product recalls and whatnot flood TV channels as breaking news every now and then. Consumers, governments and the various members of the food supply chain are rightly concerned about food safety, and there has been increasing pressure for food and Read More

Does Someone You Never Ever Heard Of Hold The Keys To The E-Commerce Kingdom?


A company virtually unknown outside of the hospitality sector hits the ground running with a product, a marketplace, and a business model that might make some of the better-known e-procurement companies sit up and take notice.

hotels and restaurants  Someone You Never Ever Heard Of Hold The Keys To The E-Commerce Kingdom? Does Someone You Never Ever Heard Of Hold The Keys To The E-Commerce Kingdom? D. Geller - May 25, 2000 Event Summary GoCo-op began by providing purchasing services for the hotel and restaurant industries. Working for most of the major hotel chains and dealing with tens of thousands of individual suppliers they realized quite early that the Internet was likely to be a major change driver and that they themselves could use Internet Read More