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The Spectra Group provides managed properties with a full-service centralized accounting system that caters to the complexities of the hospitality industry. All accounts are kept in accord with the Lodging Industry Uniform System of Accounts and are reviewed on a continual basis. Our operation standards system of financial accountability is designed to increase transparency, maximize oversight and improve margins. The keys to our accomplishment are achieved through:

  • Having Standard Accounting Operating procedures in place to ensure a sound internal control environment.
  • Focus on maximizing bottom-line results.
  • Detailed forecasting models providing management with the information needed to react quickly to changes in business activity.
  • Comprehensive, daily on-property reports available to maximize the flow of information in making informed business decisions.
 

 

       
   
  • Ongoing statement reviews and cash flow analysis to maximize profitability and provide proactive cash position management.
  • Regular internal audits to ensure compliance with Standard Operating Procedures and minimize risks.
  • Consolidation reporting and analysis by hotel, brand, and ownership group.
    Standalone accounting services are available to hotel owners.

Standalone accounting services are available to hotel owners.

 
     
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