finance, accounting & IT

Colwen Hotel Finance & Accounting Services

Our talented Finance and Accounting staff will reduce administrative costs by developing stronger financial controls and a more resilient infrastructure – it’s just one more way Colwen Hotels maximizes your bottom line. We also use cutting-edge M3 accounting software to ensure your hotel retains full access to the critical information you need to support decision-making.

Our centralized acccounting office provides the following services:

  • Daily reporting
  • Payroll processing supervision
  • Hotel cash management
  • Accounts Payable (AP) processing
  • Monthly bank reconciliation preparation
  • Filing for All Sales and Use taxes
  • Monthly operating statements
  • Cash flow analysis
  • Full-year forecasts
  • Operating budgets
  • Business plans
  • Capital budgets
  • Auditing services
  • Daily labor productivity tracking
  • Loss Prevention controls and procedures