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The Power Of Integration: Delivering Stellar Business Performance

The Food & Beverage (F&B) section is considered a significant revenue earner for hotel properties and is also one that requires superior management to achieve maximum optimisation of resources. momentohs® Food and Beverage (F&B) module has been specifically designed to ensure such a seamless process and thereby, high performance. This module manages food and beverage costing including purchase management, inventory levels and stock valuation on a daily basis. The unique inventory function allows tracking of all inventories and non-inventory items. Its ability to manage a centralised warehouse and purchasing environment for hotel groups facilitates economies of scale and tighter control.

This module interfaces directly with Event Management to make catering and banqueting seamless and streamlined in terms of data sharing, awareness and availability of stock. By effecting this synergy, waste is minimized and there is no duplication of effort. The F&B module also interfaces with POS, Front Office and Financial modules making billing and settlement smooth and efficient. It is the most complete solution today exceeding current industry standard software. This module provides every conceivable function required to manage purchases and inventory levels on a daily basis and to maintain stock valuation.

Recipe Costing is a key concern for F&B managers especially in controlling costs and wastage. This entails definition of the dish and beverage by the respective chefs via ingredients or merchandise, which is integrated to the Inventory Management module.

To ensure consistency and generate customer loyalty, standardisation of the dish presentation and menus are supported through digital images stored in the system. Menu planning for events is also enhanced with user-defined menus available to suit the customer requirements and facilitate costing for proposals.

Fluctuations in global price and merchandise are updated at the click of a button for all items affected by the change. Furthermore, momentohs® F&B module also incorporates a Purchase and Inventory management solution, which can be deployed either independently or as an integrated one. The importance of efficient F&B department underscores the need for a management tool such as momentohs® F&B, which simplifies the entire process at the click of a button.

momentohs® Food & Beverage Module (Inventory Management)


 

Work Flow Process

  • Seamless Integration with Financial, POS, SPA & Fixed Asset
  • Centralised Procurement Management
  • Warehouse Management
  • Bin Management
  • Multi Currency Management
  • Multi Location Inventory Management
  • Menu & Recipe Management
  • Approval facility on all the transactions with hierarchy and values
  • Audit Tracking & Controlling of Inventory
  • Security Level Access

Procurement Management

  • Easy item request and Quotation generation
  • Price enquiry option with various vendors
  • Enquiry response analysis and vendor wise price analysis for procurement
  • Purchase request consolidation process
  • Automatic request generation for stock as per re-order level and re-order quantity
  • Stock intake with quality process
  • Landed costing process with various costing methods

Stock Management

  • Reorder Analysis for Inventory
  • Slow/Fast movement Item analysis
  • Expiry & Overstock Management
  • Daily consumption levels of inventory with analysis
  • Inventory transfer process
  • Stock verification and analysis
  • Stock adjustment with approvals

Sales Management

  • Invoice Process for POS & SPA
  • Item Consumption Analysis

Reporting

  • Drill Down Levels Reports
  • Graphical Analysis of Stock and Inventory Details

Administration Tools & Security

  • Audit Trail
  • Manager Login
  • Multi level security management
  • Creation of Users and User Groups
  • Rules & approval cycles for inventory process
  • Granting of access rights to User Groups at the function level

Report Architect

  • End user can develop new report with Crystal Report Writer and attach to other momentohs® modules
  • Screen/Report Painter for formatting vouchers/documents
  • momentohs® Report Designer for the customisation of native reports

Functions

Item Registration, Unit of Measurement, Market List User defined Hierarchy Class, Multiple Sale Price Maintenance, Recipe Maintenance, Batch Wise Maintenance, Expiry Wise Item Tracking, Location Wise Opening Balance, Store Requests, Item Issue and Returns, Physical Inventory Count, Inventory Adjustment (Quantity and Value), Purchase Requisition, Price Inquiry (Supplier), Inquiry Response, Exceptional Reporting, Menu Mix and Contribution Margin Analysis, Purchase Order, Goods Received Note and Good Return, Approval Cycle and Location wise User Rights.

 

 
For five to seven star chain properties, it encompasses the entire spectrum of a hotel’s operations at property level and Head Office central MIS.
For medium size properties from 50-250 rooms, which require reduced functionality at a lower price and yet manage its operations efficiently.
For small to medium size resort or city boutique hotels with less than 50 room, it provides better features than off the shelf software at a competitive price and yet scale up to sprint when required.
For fine dining and table service restaurants, it is a fully integrated solution with POS, Financial, Cost control and Guest Experience.
 
 
 
 
 
SevenSeas Computers LLC