Percipient has announced that a major global hospitality brand has gone live with Sage X3.
Deployed and supported by Percipient, the Sage solution will enable the business to shift from regional accounting to an international model, providing a centralised platform to consolidate all of the brand’s financials across multiple countries and territories.
With operations across Europe, Africa and the Caribbean, the hospitality brand required a single accounting system that could be accessed from anywhere across the globe. The system also needed to include procurement capabilities to support and report on the process of rebuilding and developing certain destinations.
Now live, the business has a common chart of accounts and centralised reporting, with support for local regulatory frameworks, which allows the executive team to assess the profitability of every resort at any point in time. This includes providing detailed insights on stock control and consumables, helping to better inform planning.
Percipient’s managing director, Chris Stock, commented: “Through deploying centralised accounting capabilities across three continents, our customer will not only benefit from greater visibility, sharper insights and the ability to forecast more accurately, but will also significantly reduce its risk profile.
“Sage X3 is aligned perfectly to the challenges faced within hospitality. It eliminates the manual processes involved in operating disparate financial systems to facilitate fast, comprehensive reporting across every aspect of the business – crucially, with the scale to underpin future growth.”