Thursday, May 14, 2020

Payroll And Employee Time Tracking Management Systems

Introduction to Stonebridge Stonebridge, since 1991, is a middle size, privately owned hotel development and hospitality management company. Currently, this firm owns more than 7000 guest rooms, holding franchise license with Hilton Worldwide, Marriott International, Starwood Hotels and Resorts, and InterContinental Hotel Group. Its primary bands are Holiday Inn, Hampton Inn Suites, Marriott Hotels. [1] Stonebridge’s problems to be resolved As of 2006, hotel information systems had been fragmented. With applications catering to specific functions with little or no integration between each system. In a larger sense, hospitality was hampered by legacy systems which were often incompatible and hard to update. [2] Since Stonebridge had acquired many hotels while growing, it had many old compatibility related problems. These hotels’ management systems are inconsistent. †¢ Invoice processing was inefficient and error prone. This process had been totally paper and manual based. Worse, aside from difficulty to find invoices, some invoices had been missing. †¢ Inconsistencies between payroll and employee time tracking management systems. The process of payroll was inefficient and took a long time †¢ Rolling up financial data required too much time and labor for each hotel when they were preparing monthly financial reports for investors †¢ Outdated paper based and manual processes within the company, which not only was inefficient but also costing †¢ Too many databases, their data wasShow MoreRelatedA Report On The Castle Family Restaurant1166 Words   |  5 Pagesapplication which will greatly reduce his travel time and save costs. HRIS â€Å"Human Resource Information Tracking System† gives you instant online access to your employee records, reduce all the paper work headaches, and reduce employee management costs for small to mid-size business like yours. This system work in real time reporting. 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