Budget Using Daily Labor Standards

Creating an accurate budget depends on a number of items.  A company’s highest recurring cost is labor, so labor standards, imperative business guidelines, and other related variables must be taken into account.

 

UniFocusLMS Budgeting module prepares periodic and annual budgets for revenues, volumes, labor costs, and all other expenses. The tool uses established daily labor standards and expense projections which are directly linked to key business indicators. 

 

Key Benefits of UniFocus’ Budgeting tool:

 

  • Budget with the same standards your company uses every day
  • Reduce confusion in profit and loss (P&L)
  • Adjust your operations to meet your needs with anytime P&L vs. end of the month
  • Create rolling forecasts and include "what if" scenarios
  • Incorporate quality standards that directly impact customer service
  • Compare real results over time to better understand variances
  • Accurately reflect impact of volume or rate changes with 30, 60, and 90 day forecasts

LMS Budgeting supplies superior performance evaluation, and accurately and automatically adjusts labor costs and expenses with changes in business volumes.  Expenses are reflected in hours and dollars per unit rather than percentages, providing more accuracy and predictability in your business.

 

    


  • "UniFocus will help PGA National achieve its business objectives of continually enhancing levels of customer service and profitability with their innovative solutions and expert training. By partnering with UniFocus to create brand specific labor standards PGA will enhance our performance and guest satisfaction."  
    - Joel Paige, Vice President & Managing Director, PGA National Resort and Spa
  • "We now have a standardized system for time and attendance tracking across our entire portfolio..."  
    - Mark Fielding, Senior Accountant for Red Lion Hotels

     

  • "UniFocus' LMS provides all the flexibility and functionality that allows us to ensure that the Center Of Operational Effectiveness' work on developing comprehensive, optimized and effective standards across our properties worldwide is reflected in the technology. We are also excited by the comprehensive analytics, available to all users, in the LMS Dashboard...what a powerful capability." 
    - Michael Escalante, Vice President, Global Center for Operational Excellence of Hilton Worldwide
     
  • "The feedback provided by SERVICEScope has allowed our Leadership team to examine the most fundamental portions of our best practices and refine how our levels of service can continue to set us apart from our competition. The feedback is detailed, thorough, and consistent through the organization."
    - Ian Dailey, Director of Organizational Development of Canyons Resort
  • "Our team is looking forward to the feedback so we can improve the overall guest experience. UniFocus' product allows us to identify by villa, service, party and program allowing us to easily identify trends." 
    Mitch Goldberg, Vice President of Operations, GKTW

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