Wharf Hotels Implements FairPlanner by Fairmas for Enhanced Financial Planning and Analysis
Wharf Hotels has adopted FairPlanner by Fairmas to improve its financial planning and analysis across its multi-property portfolio, particularly in Mainland China. The web-based software addresses challenges in budgeting and forecasting that arose from using Excel. Localised training in Chinese facilitated adoption, enhancing collaboration and data accuracy. The implementation streamlined workflows, improved financial consolidation, and boosted scenario planning capabilities, ultimately resulting in greater efficiency and confidence in financial data for the 2026 budget cycle.
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Wharf Hotels adopted FairPlanner by Fairmas to enhance financial planning and analysis, moving away from Excel due to complexities in its multi-property portfolio. With over 60% of its hotels in Mainland China, local expertise and language adaptation were crucial for implementation.
The software improved accuracy and efficiency, enabling a smooth transition from spreadsheets to a unified platform. Localised training accelerated system adoption, enhancing collaboration and reducing manual reconciliation.
The 2026 budget cycle showcased the benefits of automation, enabling faster financial consolidation and improved scenario planning. Overall, the implementation has led to greater transparency and efficiency in budgeting processes.
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