Fairmas and LucaNet enter into strategic partnership

BERLIN - March 5, 2020 - PRLog -- Fairmas, specialist for web-based solutions in financial planning, controlling and management reporting for the hotel industry and LucaNet, international provider of software and consulting for financial performance management, enter into a strategic partnership and thus offer hotel groups the perfect solution-combination for holistic financial controlling.

The optimization of financial processes to secure long-term corporate success is becoming increasingly important. By combining both solutions, hotel groups not only meet all requirements of operational controlling and integrated financial planning, but can also prepare the required legal individual and consolidated financial statements at the same time – and all this in accordance with any accounting and/or industry standards such as HGB, IFRS and USALI.

Last year, the two Berlin-based experts for financial software already recognized the potential and benefits of working together as they complement each other perfectly. Many hotel groups including Novum Group, Meininger Hotels and Lindner Hotels are already using the combined solution. Within the scope of these joint projects, an API-based interface was developed guaranteeing an automated transfer between the applications.

"Fairmas firmly believes that the removal of obstacles in the automated data exchange between different expert software significantly increases user-friendliness and thus creates space for more comprehensive analyses. By combining our strengths, we are making it possible for our mutual customers to access a complete 360-degree picture of their financial situation - from the operational level to the top of the group," says Niels Schröder, Managing Director of Fairmas.

"With our solution for financial performance management, all processes in the areas of consolidation, planning, reporting and analysis are automated and accelerated. Together with Fairmas, a long-established hotel specialist for operational financial planning processes, we will form the perfect team in the future to always find the most intelligent solutions for our customers in the hotel industry," explains Dominik Duchon, Chief Sales Officer at LucaNet.

About Fairmas:

Fairmas GmbH, headquartered in Berlin, is a software company specializing in financial planning, revenue monitoring and management reporting solutions specifically for the hotel industry. Since 2003, the focus has been the user-driven development of innovative, tailor-made software. Currently, more than 11,000 users in over 4,000 hotels worldwide use Fairmas solutions. For more information, visit https://fairmas.com/en/.

About LucaNet:

LucaNet offers user-friendly software and expert consulting for Financial Performance Management. Our consolidation, planning, reporting, and data management solutions make finance data easier to master for CFOs, controllers and group accountants. This is why more than 2,700 customers in over 50 countries have put their trust in LucaNet. For more information, visit https://www.lucanet.com/en/.