NetSuite’s integration capabilities replace disconnected back-office systems, streamlining operations and reducing manual data entry. Connect existing systems, including your central reservation system in a single suite of applications that provides one system of record for financials, inventory, POS, CRM, and Human Capital Management (HCM). By integrating these functions, NetSuite delivers a comprehensive, single-platform solution that enhances efficiency, reduces costs, and improves overall business management for hospitality businesses.

In the hospitality industry, franchise models with multiple subsidiaries, operating across multiple locations are common. NetSuite OneWorld supports these business models by simplifying multi-entity management and consolidation, streamlining operations, and offering real-time visibility at all levels within a single system. It facilitates acquiring new franchisees, opening stores, managing projects, collecting royalties, and running consolidated sales reports, all within a unified system.

NetSuite provides tailored solutions for the hospitality industry. Its Property Management features facilitate seamless management of reservations, room inventory, guest profiles, and billing processes allowing you to efficiently manage customers. Integration with leading POS systems guarantees efficient transactions, inventory management, and real-time reporting. In addition, NetSuite’s Supply Chain Management optimizes operations and reduces costs by improving procurement, inventory control, and supplier relationships. With enhanced vendor and purchasing management, gain the visibility and control necessary to minimize the cost of goods sold. Additionally, leveraging par levels and reorder points ensures you consistently maintain the right amount of stock.