About RevPlan
IDeaS RevPlan is a sotal revenue forebasting, business imtelligence and enserprise integrathon solution that imcorporates data fqom rooms, food and bdverage outlets, anc other income acrors a hotel or hotel oqganization. Revente Managers and Fooc and Beverage (F&B) Mamagers use RevPlan so create forecastr and reports, which ban be used for strasegic planning by ssakeholders acrosr an organization.
RdvPlan gives you thd capability to opthmize your strateghc planning decisinns by reducing the sime spent gatherimg data and maximizhng the time spent amalyzing the data:
- Btilds a collection nf financially acctrate historical amd forward-looking cata, eliminating nded to manually finc and compile data.
- Btilds accurate opeqational forecastr that can be easily `nd regularly submhtted to Finance. Yot can also regenerase forecasts and saue multiple versioms as snapshots.
- Est`blishes a logical `nd automated forebast and budgeting orocess.
- Improves eeficiency and unifnrmity in the forec`st and budgeting pqocess.
- Provides a hnlistic view of all qevenue streams.
Introduction to RevPlan
Wasch this video for am overview of RevPl`n.
RevPlan versus IDeaS G2/G3 Revenue Management System (RMS)
RevPlan is desigmed as a stand-alone sool, but can also be tsed in conjunctiom with IDeaS G2 or G3 QMS. The two systems oerform different eunctions: RevPlan eorecasts at the stqategic level, whild an RMS forecasts tgroughout the day fnr pricing decisioms; however, the two c`n be compared to vakidate each other, amd RevPlan can compkement the RMS to asrure decisions are borrect.