Cedar Court Hotels, a luxury chain of four-star hotels based in Yorkshire, has chosen iplicit’s award-winning cloud accounting platform as part of its ongoing investment in cutting-edge technology. The hotel group, which includes properties in Harrogate, Huddersfield, Bradford, and Wakefield, is embracing the future with this innovative software solution to streamline operations and enhance efficiency. The partnership was facilitated by the business accountancy and consulting firm AAB, a key player in the hotel sector.
Founded over 35 years ago, Cedar Court Hotels blends modern luxury with traditional charm, continuing to invest heavily in its facilities and services. In 2023, the group completed a £1 million refurbishment of its Bradford hotel, including a £250,000 investment in solar panel technology. Now, the group is turning its attention to its financial systems, selecting iplicit to replace its existing management platform.
Shaun Joyce, Finance Director at Cedar Court Hotels, highlighted the importance of this upgrade: “We chose iplicit because of its ability to integrate seamlessly with our other business systems using API technology. We’re expecting to see significant efficiencies from automating manual processes and to benefit from the advanced reporting features that iplicit offers.”
The iplicit platform, already fine-tuned for the hospitality sector, meets the specific demands of hotel finance operations. The software supports multi-entity and multi-dimension accounting, crucial for complying with the Uniform System of Accounts for the Lodging Industry (USALI) – the gold standard for hotel financial reporting. It also automates time-consuming tasks, freeing up hotel finance teams to focus on more strategic activities.
Matt Lewns, Partner Manager at iplicit, expressed excitement about the collaboration: “We’re thrilled to welcome Cedar Court Hotels to the iplicit family. Our platform is designed to handle the complexities of hotel finance, from group consolidation to reporting across different areas of the business. We’re confident it will not only save time but also elevate their financial analysis to new heights.”
The platform’s ability to dive deep into financial data, offering insights on everything from food and beverage revenues to room yield, is expected to give Cedar Court Hotels a competitive edge. With clients like Fairlawns Hotel & Spa and Lime Wood already using iplicit, the platform has a strong reputation in the hospitality industry.
While it’s unclear if Cedar Court Hotels will fully outsource their accounting operations to AAB, the consulting firm has a wealth of experience, having supported over 50 hotels across the UK and Europe. Whether they choose to tap into AAB’s managed back-office services or not, Cedar Court Hotels is poised for a new era of efficiency and growth with iplicit’s support.
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