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Growing hospitality business improves bottom line

Growing hospitality business improves bottom line

Sage
Pages 4 Pages

Red and White Fleet upgraded from QuickBooks to Sage Intacct to eliminate manual processes, shorten its 20-day close, and improve profitability. Automation cut AP and payroll work, reduced accounting and labor costs, and shortened the close by 75 percent. Real-time visibility helped halve DSO, boosting weekly cash flow by $40,000. Managers now track expenses by vessel and cruise type, enabling smarter scheduling and fuel-saving decisions. Dashboards support forecasting, what-if analysis, and financing for major purchases, strengthening long-term planning.

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