White Lodging Hotel Property Management Implements and Leverages IBM Cognos Analytics

Challenge

• White Lodging Hotel Property Management was dependent on manual, error-prone spreadsheet process for budgeting, forecasting, and integrating financials
• No visibility into financial position across all hotel properties, disparate data source systems

Solution

• Employed TM1 as long-term, scalable system of record for financial reporting, automatically integrating all property data from different data sources
• Streamlined budgeting and forecasting process using industry best-practices enabling governance and easy integration of newly acquired properties, removing manual intervention
• Designed and deployed flexible business intelligence reports and dashboards containing up-to-date information enabling management to spot problems in advance and take action

Result

• IBM Cognos Analytics software enables White Lodging to make educated and informed decisions for their properties