Evention LLC
In the hospitality industry, proper tip reporting is essential for fair employee compensation and IRS compliance. Whether you’re a hotel manager, restaurant manager, or involved in any business where employees receive tips, the IRS Form 8027 is a key requirement for accurate reporting and for avoiding penalties. This post will break down everything you need […]
Delivering exceptional guest experiences while maintaining operational efficiency is a must for hotels of all sizes. To achieve (and maintain) this balance, properties rely on two essential tools — property management systems (PMS) and point of sale systems (POS). While both systems play important roles in different aspects of hotel management, integrating them results in […]
Even though credit cards and digital wallets are the preferred form of payment for many, cash isn’t going away anytime soon. In fact, according to the Diary of Consumer Payment Choice, cash was the third-most-used payment instrument in 2023 with consumers making approximately seven cash payments per month. The use of cash is even making […]
Navigating cash management in the cannabis industry is no small feat. Due to the federal legal status of marijuana and cannabis products, dispensaries face unique operational challenges — such as limited banking access and difficulty securing services from essential vendors — rendering them highly dependent on cash transactions. However, with the right strategies and tools, […]
For hospitality-based businesses, tip splitting is a common practice that ensures employees are fairly compensated for their contributions. Whether you’re managing a restaurant, bar, or hotel, creating an equitable system for distributing tips comes with benefits for your staff and your guests. This guide will walk you through the key aspects of tip splitting, from […]
For hospitality-based businesses, positive guest experiences are the key to success. And in the hospitality industry at large, employees — both customer-facing and those who work behind the scenes — are primarily responsible for providing these experiences. Because of this, it’s incredibly important to also ensure that the experience that you provide for your employees […]
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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