The Edgewater Selects Infor for Hospitality-Specific Financial Management
Infor, a leading provider of business application software serving more than 73,000 customers, today announced that The Edgewater has selected Infor SunSystems to benefit from an integrated, industry-specific application for financial management. A historic hotel located in downtown Madison, Wis., The Edgewater chose Infor SunSystems because of its hospitality-focused accounting functionality and ability to meet the hotel's needs right out-of-the-box without requiring extensive customization. Its combination of usability and flexible, scalable architecture will help the hotel prepare for future growth, as The Edgewater can easily expand or alter its use of the application to meet changing business demands.
"The Edgewater was looking for a financial package that would meet our current and future operational needs. We needed a system that gave us ease of transactional processing as well as overall reliance on the financial output," said Laura Klocke, controller of The Edgewater. "Infor SunSystems is a turnkey solution that incorporates time saving integrations with our POS and PMS systems. In addition, it offers a comprehensive budget package that gives us greater insight into our numbers, which improves our financial decisions and ultimately facilitates a better experience for our guests."
By automating manual processes and automatically capturing financial data across all business units, Infor SunSystems will allow The Edgewater's finance department to focus on more value-add tasks for the organization, rather than spending time processing transactions. The application's in-context business intelligence capabilities will also enable decision-makers to drill down into comprehensive, real-time data, allowing them to analyze financial information to identify areas for potential cost savings and increased efficiency, as well as create custom reports to more easily demonstrate compliance.
"Infor recognizes that purpose-built financials are critical in today's hospitality market, where hoteliers are continuously looking for new ways to reduce costs and increase profitability," said Stewart Applbaum, senior vice president and general manager, Infor Hospitality. "Infor SunSystems helps companies to optimize profitability by delivering the metrics decision-makers need to derive actionable insights about their business in real time."
Infor SunSystems combines financial management with purchasing, inventory and performance management to deliver accurate, real-time information on everything from established Key Performance Indicators (KPIs) to critical tax data. The Edgewater will integrate Infor SunSystems with its existing property management system (PMS) and point of sale (POS) application using Infor ION®, a lightweight middleware platform that enables connectivity between both Infor and third-party systems. This will create enterprise-wide visibility for The Edgewater, helping managers to improve strategic decision-making based on greater insight into revenue and spending.
Infor delivers industry-specific applications for hospitality designed to meet the needs of hotels, resorts and casinos worldwide. For more information, please visit www.infor.com/industries/hospitality.
About The Edgewater
After a multimillion-dollar expansion and renovation, The Edgewater reopened in October 2014 at 1001 Wisconsin Place in Madison, Wisconsin, as a portal to Madison's waterfront in the heart of Wisconsin's capital city. A project of Madison developer Robert Dunn, the revitalization of the historic hotel property includes the construction of a new hotel tower as well as the restoration of the two original buildings erected in the 1940s and 1970s with architecture and interiors designed by Elkus Manfredi Architects. The Edgewater's new features includes more than 200 guest rooms, all new decor that enhances the original Art Deco style of the iconic hotel, modern technology touches such as an interactive media wall, four food and beverage concepts, a fitness and wellness center, an outdoor public plaza, and more. In 2014, the hotel became a member of Historic Hotels of America®. For more information, please visit www.theedgewater.com or call 800-922-5512. Connect with The Edgewater on Facebook, Twitter, and Instagram.
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Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 73,000 customers in more than 200 countries and territories improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit www.infor.com.
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