AI (Artificial Intelligence) is not the opposite of Natural Stupidity: AI is based on computer algorithms, that supplement the intelligence of human experts in many fields: now in a restaurant near you! While ordering can be done by many solutions: this does it with next to no work. AI and its "deep learning" abilities do the trick. No data entry and data maintenance. Its all automatic. This week the first US customer of ANDADO has gone live with their new ordering solution.
That is a long title and it is fitting because F&B reporting in your financials is the longest part of your hotel financial reporting process. Every other department except for 'benefits' is a single shot. In F&B you need allocations and a roll up of all outlets into a total F&B profit statement. This is the single biggest area where I see hotels get their statements wrong. In this article, I am going to lay out how to set up your statements and general ledger to provide you