Evention LLC
Budget season is officially upon (most of) us. While budgeting for the upcoming year can be an incredible effort across multiple teams and take quite a bit of time, it’s also an opportunity to reassess goals for the business and look to the future. As a Finance leader in hospitality or retail, you’re leading much […]
General ledger reconciliation is an essential part of the accounting process, and certain types of tools and techniques can streamline the process, saving you time and ensuring accuracy. Keep reading to learn about common challenges in general ledger reconciliation and how optimizing the right type of technology can help. What Is a General Ledger? A […]
In the bustling realm of retail, where every penny counts and efficiency reigns supreme, the back office is often the unsung hero. Behind the scenes, back-office associates diligently manage a myriad of tasks from cash handling to reconciliation, ensuring the smooth operation of the entire retail ecosystem. Imagine a 120-store retailer grappling with the monumental […]
Part of being successful in the hospitality industry means consistent revaluation of what’s working — and what isn’t. This often includes taking a look at room upgrades, amenities, and offerings, but the reassessment shouldn’t stop with customer-facing products and services. In order to operate efficiently, you need to ensure your office, management, and accounting practices […]
There are a variety of point of sale (POS) systems on the market — in-store, kiosk, mobile, tablet, cloud, terminal, and multichannel, to name a few — and if you have more than one, you may find it challenging to master the process of financial reconciliation. If you’ve been experiencing problems, such as different payment […]
Efficiency is the cornerstone of success in the dynamic hospitality industry, and being able to pivot when a roadblock appears is extremely important to stay competitive. This was one of the issues Evention addressed when implementing Total Recon at a certain 162-room luxury hotel. The property was new with six outlets, and back-office accounting work […]
Aria Cash Solutions is a trusted provider of cash management solutions, offering a range of automation technologies designed to help businesses minimize costs and increase efficiency in cash handling.
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