Lodging
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Headquarters: Park City, UT
Gemstone, a company that specializes in managing upscale boutique hotels and unique resorts across the U.S., is growing fast and expects to double its number of hotels and resorts properties within the next two years. This growth and the added complexity these new properties will bring to Gemstone's financial management and accounting process and IT infrastructure led the company to reevaluate its previous Microsoft Dynamics AX ERP system. Gemstone chose Intacct's financial management and accounting system to improve financial visibility, decrease IT costs and streamline financial management of its multiple properties.
"We were very impressed with the deep functionality provided by the Intacct financial management system. The increased financial visibility from Intacct's reporting and dashboard capabilities will enable us to better manage our business as we grow. We wanted a stable solution that was independent of our corporate computer infrastructure, with its related support requirements and periodic downtime."
Greg Hooper, Director of Property Accounting, Gemstone
Headquarters: Nashville, TN
Hotel operator Platinum Hospitality Management saves $150,000 a year with Intacct's financial management and accounting system versus a client/server accounting system to run its network of Marriott, Hilton and Intercontinental hotels. Instead of hiring 10 full-time accountants to staff each hotel, the company realized annual savings of about $400,000 by managing accounting from the company’s headquarters with only two employees.
"Intacct's Web-based suite of financial, supply chain and business intelligence applications makes it a far more attractive solution for managing our rapidly growing hotel chain than Microsoft Dynamics, Best Software MAS 90 and Oracle."
Mitch Patel, CEO and President, Platinum Hospitality

