What is Bookkeeping: Definition, Types & Methods
Maintaining accurate financial records isn’t just important—it’s essential. According to a study by the Small Business Administration, 82% of small businesses fail due to cash flow mismanagement—a problem that proper bookkeeping can help solve. But what is bookkeeping?...
Top 7 Benefits of Using Hotel Housekeeping Software for Efficiency
In the hospitality industry, maintaining operational efficiency is crucial for delivering exceptional guest experiences. One of the key areas that directly impact a hotel’s reputation is housekeeping. Managing the cleanliness and upkeep of rooms, common areas, and facilities...
On-Premise Vs. Cloud Based POS System: Which is Right for Your Business?
Point-of-sale (POS) systems have become indispensable tools for businesses of all sizes, streamlining operations and providing valuable insights into customer behavior. These systems, which are typically comprised of hardware and software components, enable businesses to...
What is POS Software and How Does It Work
POS software has become an essential tool for modern businesses, streamlining operations and providing valuable insights. It serves as the central hub for managing transactions, inventory, customer data, and more. Additionally, it offers a range of benefits that improve...
What is Cloud Kitchen? A Guide for Restaurant Owners
What is Cloud Kitchen: Nowadays, businesses are preferring to open and run cloud kitchens instead of traditional dine-in restaurants. This shift can be attributed to the numerous advantages offered by cloud kitchens and the evolving preferences of consumers.In India, the...
Impact of GST on Hotel Industry
Impact of GST on Hotel Industry: On July 1, 2017, the Government of India implemented a new system of indirect taxation across the nation. It was Goods and Service Tax (GST) which came into existence in place of multiple taxes levied by the state and central government of...
Night Audit: Steps in Night Audit process in Front Office
The night audit is an underestimated process of a hotel’s operations. This meticulous process is crucial for ensuring the smooth functioning of the entire hotel operations. A well-executed night audit provides accurate financial data, optimizes room occupancy, and sets the...
What is KOT | Importance of KOT in Hotel Industry | KOT Full Form
As technology advances, the ways to improve efficiency and productivity have been changing. In the hospitality industry, delivering an exceptional guest experience is crucial at any stage. Among the various operational tools employed in any hospitality setting, KOT holds...