Hospitality finance teams face increasing pressure to adapt quickly, but outdated systems, data silos, and shifting customer and employee demands hinder progress. A Workday survey shows 70% lack a mature digital finance strategy, and 65% of IT leaders are bogged down by daily support tasks. To move forward, hospitality firms must unify front- and back-of-house systems, integrate financial and non-financial data for real-time insights, and foster innovation through IT-finance collaboration. Upskilling both teams in each other’s domains is key to unlocking agility, improving guest experiences, and driving sustainable transformation.

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