HOSPITALITY
Transforming Finance & Accounting at a leading Canadian Hotel
Hotels operate in a highly dynamic environment — multiple revenue streams, complex tax filings, and stringent reporting requirements make financial accuracy and control critical. Yet, many hospitality businesses continue to struggle with fragmented accounting processes, manual reconciliations, and lack of visibility into true performance.
At Avantage Partners, we help hotels streamline finance operations by embedding discipline, transparency, and technology into their accounting framework. From revenue reconciliations to GST/PST compliance, our approach ensures complete accuracy, efficient month-end closes, and structured reporting for owners and operators.
The case study below showcases how we transformed the finance & accounting processes of a leading Canadian hotel, turning an unstructured setup into a fully reconciled, insight-driven model that enabled stronger control and faster decision-making.

KEY CHALLENGES FACED
1. Unstructured Accounting
Ad-hoc COA, inconsistent vendor
classifications, No use of AP Billing module, receipts @30%
2. Possible Revenue Leakages
No recon of revenues [PMS, POS,
bank]. No OTA recon
3. Payables Blind Spots
No visibility into unpaid invoices within QB.
4. Receivables Gaps
AR tracking/collection maintained outside QB.
5. Control Weaknesses
No monthly BS recons [for loans,
mortgages, payroll, or taxes etc].
6. No MIS/ Dashboards
for financial visibility & control
WHAT AVANTAGE DID

Process & Reference Frameworks
Process & Reference Frameworks

Accounting & Compliance Fixes
Accounting & Compliance Fixes

Revenue & Expense Controls
Revenue & Expense Controls

Management Reporting
& Insights
Management Reporting
& Insights
IMPACT WE CREATED
Key Takeaway
Through disciplined reconciliations, structured revenue and expense controls, and compliance-focused reporting, Avantage Partners transformed the hotel’s finance function into a fully accurate, transparent, and efficient system. Owners and operators now have confidence in financial statements, visibility into performance drivers, and the ability to make faster, data-backed decisions.