Practus assisted the hotel operating company in implementing budgetary control and making business decisions through robotics MIS, Dash Boards & BI tools.

Client NameIndustryOwnershipManagementNo. of EmployeesROI On Fee SizeProject Duration
Hotel Operating CompanyHospitalityPrivate, PE-BackedProfessional~1006.6x$6.5 million12 Months

About The Company

SM Hotel is a hotel asset company that specializes in the development, purchase, and ownership of well-known hotel brands like Courtyard by Marriott, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton, and Formula 1. In India, the brand owned 25 hotels with a total of 3900 rooms in 12 locations.​

Practus’ Role

  • Implemented best processes and comprehensive SOP documents.​
  • Developed Delegation of Authority, Chart of Accounts, Vendor Master, Location Master etc.​
  • Initiated various Automations and Customizations in ERP system for accurate and timely financial and management reporting.​
  • Build operating budget for 2015-16 to track Actuals versus Budgeted.​
  • Designed and define the scope of an internal auditor and support the company for better internal control.​
  • Implemented high-quality comprehensive MIS with a visual dashboard.​

Impact Delivered

  • Implementation of Budgetary Control, On time Monthly Closing and financial reporting–Consolidate and publish annual Financial Statements.
  • Business process Re- engineering, automation assisted in reducing time investment of Key resources and management.
  • Investment of surplus funds in different financial instruments.
  • Successful implementation of Oracle ERP – Lowered manual dependencies for Analysis and reporting.
  • Positive EBITA post consolidation of the business – additional income of more than 300Mn (investment of surplus funds).
  • Assistance in taking business decision through robotics MIS, Dash Boards and BI tools.
  • Multi dimensional, different properties and pick and choose results from many combination through robotics MIS, Dash Boards and BI tools.