The standard version of trove HOTEL can run several reports that will assist with budgeting and purchasing, but other benefits include;

• Asset value and ownership reporting as required by auditors, regulators and insurers.
  
  
• Inventories and statistics can be produced and utilised for strategic planning and forecasting.
  
  
• The inventory list and value of assets can be used for insurance purposes, disaster recovery and replacement price negotiations.
  
  
• Access to a current inventory list (including FF&E, OS&E, OF&E, etc…) with ownership details, giving clarity of ownership between the various companies and concessions.
  
  
• Assets and materials can be quantified along with the lead times so that purchases can be made in good time thus reducing freight costs.
  
  
• By storing warranty and guarantee information, you can actively check your assets before cover expires, which could save you the cost of any repairs or replacements otherwise required.
  
  
• Asset data can be tracked through its lifecycle and used to more accurately forecast hotel budgets.
  
  
• Efficiency savings; amount of time taken and wasted by experienced employees in managing data and repeating surveys and work already undertaken.
  
  
• Ensure maintenance contractors are delivering the right products and maintaining vessels to the right references and standards.
  
  
• Quickly provide consultants with clear and concise information so they don’t have to charge for undertaking their own surveys.
  
  
• Reduce wastage and the amount of inventory carried as spare.

Simple – achieve more in less time;

• Centrally held, managed and readily accessible asset data will reduce the amount of time wasted searching for information.
  
  
• Minimise ineffective workflow between departments that exists today e.g. when tracking down accurate asset or room information.
  
  
• Reduce the amount of time wasted through the management of often outdated, uncorroborated and duplicated data.
  
  
• Hotel M&R lists and yearly budgets can be planned and defined more quickly.
  
  
• Frequently required reports can be produced at the click of a button.
  
  
• Reports can be automatically attached to an email, thus improving the speed and ease of sharing data.
  
  
• Access to centrally stored information (vessels, interiors and assets) and statistics will improve start up times for refurbishments and maintenance.