10 Best Hotel Accounting Software Shortlist
Hotel accounting software is a helpful tool for managing hospitality finances. An asset for CFOs and finance teams, it can automate tedious or time-consuming tasks, handle payroll, and access real-time insights into profit margins and expenses. However, with so many options available, selecting the right software can take time and effort.
Using my experience with accounting tools, I tested and compared some of the top hotel accounting software available. Based on my findings, I created detailed reviews to help you identify the best solution for your specific needs.
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| Tool | Best For | Trial Info | Price | ||
|---|---|---|---|---|---|
| 1 | Best for automated close management | Free demo available | Pricing upon request | Website | |
| 2 | Best for flexible ERP-aligned AP automation | Free demo available | Pricing upon request | Website | |
| 3 | Best for integrated hospitality property management | Free demo available | Pricing upon request | Website | |
| 4 | Best for real-time profit and revenue insights | Free demo available | Pricing upon request | Website | |
| 5 | Best for custom-configured hospitality solutions | Free demo available | Pricing upon request | Website | |
| 6 | Best for multi-entity accounting | Free demo available | Pricing upon request | Website | |
| 7 | Best for booking integration | Free demo available | Pricing upon request | Website | |
| 8 | Best for labor cost management | Free demo available | Pricing upon request | Website | |
| 9 | Best for hotel-specific reporting and workflows | Free demo available | Pricing upon request | Website | |
| 10 | Best for automated three-way invoice matching | Free demo available | Pricing upon request | Website |
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Creatio CRM
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.7 -
DealHub AI
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.7 -
LiveFlow
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.9
Best Hotel Accounting Software Reviews
Below are my detailed summaries of the best hotel accounting software that made it onto my shortlist. My reviews offer a detailed look at the key features, pros u0026amp; cons, integrations, and ideal use cases of each tool to help you find the best one for you.
DualEntry is an AI-driven accounting software built to support mid-sized businesses and hotels with complex financial operations. It offers tools for automating reconciliations, managing multi-entity finances, and generating real-time financial reports.
Why I picked DualEntry: I picked DualEntry because of its automated close management capabilities, which help hotels speed up month-end processes. The platform uses AI to automatically match transactions and reconcile accounts, making it easier to handle high transaction volumes. Hotels with revenue from rooms, restaurants, and events can benefit from its ability to manage multiple entities and currencies in one system, providing a clear financial overview. I also valued its strong audit readiness and CPA-led support, which help hotels stay compliant and confidently prepare for financial reviews.
Standout features & integrations:
Features include approval controls for role-based transaction approvals, automated fixed asset management to track hotel assets like equipment and property, and built-in tax management integrations with Avalara and Vertex to simplify local and international tax reporting.
Integrations include BambooHR, Bill.com, Brex, Deel, Google SSO, Gusto, HubSpot, Ramp, Rippling, Salesforce, Stripe Billing, and Stripe Invoicing.
Pros and Cons
Pros:
- Advanced AI features help with complex accounting tasks
- Supports multi-entity and multi-currency operations
- Automated revenue recognition ensures compliance with standards
Cons:
- Customization options require careful setup
- As an ERP, it may offer more features than needed for simpler accounting needs
Stampli is an accounts payable automation platform designed to help finance teams manage invoice processing, approvals, exceptions, and payments while aligning closely with ERP systems and accounting workflows.
Who Is Stampli Best For?
Finance and accounts payable teams at mid-sized and large organizations needing AP automation that tightly integrates with complex ERP systems.
Why I Picked Stampli
I picked Stampli as one of the best because I’m able to automate hotel invoice approvals and exceptions using a system that aligns with my team’s ERP. I rely on Stampli’s flexible workflow builder and invoice capture that adapts to multiple hotel entities.
Stampli Key Features
- Vendor portal: Lets vendors submit and track invoice statuses in real time.
- Built-in communications: Allows teams to discuss specific invoices within the platform.
- Audit trails: Captures user activity and invoice touchpoints for compliance.
- Payment management: Supports digital payments and reconciliation from the same interface.
Stampli Integrations
Stampli offers native integrations with ERP platforms including Oracle NetSuite, Sage Intacct, Microsoft Dynamics 365, QuickBooks, SAP, Acumatica, and Sage 100. An API is available for custom integrations.
Pros and Cons
Pros:
- Automated audit trails for compliance tracking
- Supports multi-entity property accounting management
- Invoice approval process adapts to hotel workflows
Cons:
- Reporting exports lack advanced formatting options
- Invoice template customization is limited
Oracle OPERA Cloud is a cloud-based hospitality property management suite for hotels, offering modules for reservations, accounting, billing, guest services, rate management, and reporting.
Who Is Oracle OPERA Cloud Best For?
Lodging businesses and hospitality groups managing multiple properties that need centralized property management, accounting, and operational controls.
Why I Picked Oracle OPERA Cloud
I picked Oracle OPERA Cloud because I can manage hotel accounting, guest billing, and folio workflows alongside property operations in one integrated suite. I use OPERA’s centralized ledger, group billing, and real-time revenue tracking for full control.
Oracle OPERA Cloud Key Features
- Automated night audit: Completes daily reconciliations and reporting without manual intervention.
- Configurable charge routing: Directs specific transaction charges to different accounts or folios.
- Multi-currency handling: Processes transactions and billing in various global currencies.
- Tax calculation engine: Applies complex tax rules and rates to all financial transactions.
Oracle OPERA Cloud Integrations
Oracle OPERA Cloud offers native integrations with Oracle Hospitality Reporting and Analytics, Oracle MICROS Simphony POS, Oracle Hospitality OPERA Sales and Event Management, and has an API for custom integrations.
Pros and Cons
Pros:
- Advanced multi-property financial oversight features
- Direct connection to Oracle MICROS POS
- Real-time folio and invoice management
Cons:
- Limited custom financial reporting options
- Initial setup process can be complex
Duetto is a hotel revenue management platform that delivers dynamic profit analysis, real-time reporting, forecasting, and comparative performance data for accounting, finance, and revenue teams in hospitality businesses.
Who Is Duetto Best For?
Hotel revenue managers and finance teams at multi-property hospitality groups who need detailed, real-time visibility into property performance and profitability.
Why I Picked Duetto
I picked Duetto as one of the best because I use its real-time revenue tracking, open pricing automation, and pace reporting to stay on top of every profit driver. It helps my team drill into segment-level metrics and compare live performance to forecast or budget.
Duetto Key Features
- Multi-property reporting dashboard: View and analyze aggregated data across several hotel properties in one interface.
- Custom business intelligence widgets: Create configurable data visualizations tailored to specific accounting or performance metrics.
- Automated forecast exports: Schedule and export financial forecasts directly for syncing with accounting platforms.
- Group revenue management tools: Manage and track group bookings, block inventory, and analyze group revenue performance.
Duetto Integrations
Duetto offers native integrations with Oracle OPERA, Oracle MICROS, Infor HMS, Springer-Miller Systems, protel, SIHOT, and Agilysys, and provides an API for custom integrations.
Pros and Cons
Pros:
- Advanced forecasting for hospitality businesses
- Multiple property performance comparisons available
- Real-time profit and revenue data updates
Cons:
- Financial report templates have limited customization
- Setup and onboarding process is time consuming
Data Plus Hospitality is a tailored hospitality accounting software suite that brings together financial reporting, budgeting, accounts payable, purchasing, and inventory management for hotels and resorts.
Who Is Data Plus Hospitality Best For?
Finance and operations teams at hotels or resorts needing configurable accounting and back-office systems tailored to their hospitality workflows.
Why I Picked Data Plus Hospitality
I picked Data Plus Hospitality because I can work directly with their team to custom-configure modules for accounting, procurement, payroll, and inventory around my property’s unique hotel needs and branding.
Data Plus Hospitality Key Features
- Financial reporting suite: Generate detailed balance sheets, income statements, and cash flow reports.
- Budgeting tools: Build, monitor, and adjust budgets for individual properties or across portfolios.
- Inventory management: Track stock levels, costs, and usage for multiple locations.
- Accounts payable workflows: Manage, approve, and pay vendor invoices from a centralized dashboard.
Data Plus Hospitality Integrations
Native integrations are not clearly documented. The tool supports integrations via its API for custom connections.
Pros and Cons
Pros:
- Handles multi-property financial consolidation
- Built-in modules for payroll and procurement
- Real-time custom reporting for all properties
Cons:
- Limited customization in standard financial reports
- Onboarding process requires significant time investment
Sage Intacct is a cloud-based accounting platform for hotels with multi-entity management, GL, reporting, automation, and audit-ready controls.
Who Is Sage Intacct Best For?
Mid-sized hotel groups and finance teams managing multiple legal entities or locations across their portfolio.
Why I Picked Sage Intacct
I picked Sage Intacct as one of the best because I can manage multiple hotel entities in a single interface, automate intercompany transactions, and quickly consolidate financials across locations with configurable reporting for each property.
Sage Intacct Key Features
- Accounts payable automation: Streamlines invoice capture, approvals, and payments for hotel finance teams.
- Customizable dashboards: Lets you view key financial and operational metrics tailored to hotels.
- Role-based permissions: Controls user access to sensitive data based on hotel staff roles.
- Audit trail tracking: Keeps a detailed log of financial transactions and changes for compliance.
Sage Intacct Integrations
Sage Intacct offers native integrations with Salesforce, ADP, Avalara, SAP Concur, Bill.com, Expensify, and American Express. It also features native integrations across the Microsoft ecosystem, including Microsoft 365 and Azure, and provides an API for custom integrations.
Pros and Cons
Pros:
- Customizable reporting by property or group
- Automates recurring journal entries and allocations
- Consolidates financials across multiple hotel entities
Cons:
- Standard support requires additional purchase
- Complex implementation for multi-property hotels
Cloudbeds is a software platform designed to help hospitality businesses manage their operations efficiently. It combines tools for accounting, property management, and guest bookings into a single solution.
Why I picked Cloudbeds: Cloudbeds helps you manage bookings and financial tasks in one place. It syncs reservations from multiple platforms to avoid double bookings. You can use features like automated invoicing and revenue tracking tied to booking data. Real-time reports give your team clear performance insights. Its simple design lets you start using it quickly.
Standout features & integrations:
Features include tools for managing payment processing, multi-channel booking synchronization, and customizable reporting templates. The platform also offers revenue management features to help you track occupancy and income trends across properties.
Integrations include Airbnb, Booking.com, Expedia, Stripe, QuickBooks, PayPal, Square, Google Analytics, TripAdvisor, and Agoda.
Pros and Cons
Pros:
- Includes automated tools for payment processing
- Syncs reservations from multiple booking channels
- Combines booking and accounting in one system
Cons:
- May lack scalability for large hotel chains
- Limited advanced reporting customization options
M3 Accounting Core is a financial management tool tailored for the hospitality industry. It offers solutions that help businesses manage accounting and financial processes efficiently.
Why I picked M3 Accounting Core: M3 Accounting Core helps you manage labor costs by tracking employee expenses and offering real-time labor analytics. You can easily spot trends and adjust staffing as needed. The platform integrates with payroll and scheduling tools to keep your labor costs under control. Its reports align with hospitality standards, so your data stays accurate and useful. The simple design means your team can start using it quickly.
Standout features & integrations:
Features include real-time budget tracking, forecasting tools for labor expenses, and audit trails for payroll. The platform also supports financial analysis across multiple properties and offers customizable dashboards to view key metrics.
Integrations include ADP, Paychex, QuickBooks, Sage, Oracle NetSuite, Kronos, Microsoft Excel, Salesforce, Stripe, and Square.
Pros and Cons
Pros:
- Simple interface for non-technical users
- Supports multi-property financial analysis
- Helps track labor costs in real-time
Cons:
- Customization takes some initial setup
- Limited advanced reporting for larger chains
Inn-Flow is a hotel accounting software suite designed specifically for hospitality businesses, combining accounting, payroll, labor management, and property-level financial reporting in one platform.
Who Is Inn-Flow Best For?
Multi-property hospitality businesses and hotel management groups that need purpose-built accounting and financial management tools tailored for hotel operations.
Why I Picked Inn-Flow
I picked Inn-Flow as one of the best because I get hotel-specific weekly and monthly financial reports, workflow automation for invoice approvals, and the ability to compare financials across multiple properties.
Inn-Flow Key Features
- Bank reconciliation: Match bank transactions to general ledger records for accurate account balances.
- Payroll management: Process payroll and track labor costs directly in the platform.
- Purchase order management: Create, approve, and track purchase orders from request to receipt.
- Document storage: Store and organize financial documents and receipts securely within the software.
Inn-Flow Integrations
Native integrations are not clearly documented. The tool supports integrations via API for custom workflows.
Pros and Cons
Pros:
- Side-by-side financials for multiple properties
- Automated approval workflows for invoices
- Hotel chart of accounts templates included
Cons:
- Limited report design flexibility for custom needs
- Dedicated training required for onboarding teams
Rillion is an accounts payable automation platform for hotels and hospitality finance teams, offering invoice capture, approval workflows, PO matching, and audit trails.
Who Is Rillion Best For?
Hotel finance teams and AP staff managing high volumes of vendor invoices who need automated, rules-based invoice approval and PO matching.
Why I Picked Rillion
I picked Rillion as one of the best because I can automate three-way invoice matching, auto-route approvals when there’s a price or quantity mismatch, and review matching exceptions directly from one screen—especially handy for handling hotel vendor invoices.
Rillion Key Features
- Automated approval workflows: Set up multi-level approval chains for accounts payable invoices.
- Digital invoice capture: Scan and extract line-item details from emailed or uploaded invoices.
- Audit trail tracking: Maintain a searchable log of every invoice action and approval.
- User permissions management: Control access to financial data and invoice tasks based on job roles.
Rillion Integrations
Rillion offers native integrations with Oracle NetSuite, Sage Intacct, QuickBooks Online, Xero, Microsoft Dynamics 365 Business Central, SAP Business One, Fortnox, Visma, and Unit4. An API is available for custom integrations.
Pros and Cons
Pros:
- Exception tracking helps prevent payment errors
- Digital workflows handle high invoice volumes
- Three-way invoice matching automates AP process
Cons:
- Limited reporting customizations for multi-property hotels
- Implementation may require vendor team assistance
Other Hotel Accounting Software
Here are some additional hotel accounting software options that didn’t make it onto my shortlist, but are still worth checking out:
- Ottimate
For detecting invoice risk and spend anomalies
- Carmen Software
For small hotel chain tools
- QuickBooks Online
For small business accounting
- Xero
For simple financial tracking
- BILL
All-in-one spend and payables automation
- Acumatica
For cloud-based hotel management
- AvidXchange
For automating accounts payable
- Mews
Platform for multi-property operations
- IDeaS
For AI-powered revenue forecasting
- Hotel Investor Apps
For ERP and financial insights integration
- Lighthouse
For competitive market benchmarking
- Infor SunSystems
For global financial management
- Oracle Hospitality OPERA
For PMS and accounting integration
Hotel Accounting Software Selection Criteria
When selecting the best hotel accounting software to include in this list, I considered common buyer needs and pain points like managing multi-property finances and ensuring compliance with industry regulations. I also used the following framework to keep my evaluation structured and fair:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Manage accounts payable and receivable
- Generate financial reports
- Handle payroll processing
- Track expenses and revenue
- Support multi-currency transactions
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Real-time financial analytics
- Customizable reporting dashboards
- Integration with property management systems
- Automated tax compliance
- Mobile access to financial data
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive user interface
- Simple navigation
- Minimal learning curve
- Aesthetic design
- Speed of performing tasks
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Access to webinars
- Use of templates for setup
- Chatbot assistance
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- Availability of 24/7 support
- Access to a knowledge base
- Responsiveness of support team
- Quality of live chat services
- Availability of phone support
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing
- Feature set relative to the cost
- Flexibility of pricing plans
- Availability of free trials
- Cost of add-ons or upgrades
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall satisfaction ratings
- Frequency of positive feedback
- Commonly reported issues
- Testimonials on ease of use
- Feedback on customer support quality
How to Choose Hotel Accounting Software
It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:
| Factor | What to Consider |
| Scalability | Consider if the software can grow with your hotel, accommodating more properties or users as needed. |
| Integrations | Ensure it connects seamlessly with your existing systems like booking engines and payment processors for smooth data flow. |
| Customizability | Look for options that let you tailor reports and dashboards to meet your specific business needs. |
| Ease of Use | Your team should find it intuitive to navigate, reducing training time and boosting productivity. |
| Budget | Assess if the pricing fits your financial plan without hidden fees that can disrupt your budget. |
| Security Safeguards | Check for data encryption and compliance with industry standards to protect your financial information. |
Trends in Hotel Accounting Software
In my research, I sourced countless product updates, press releases, and release logs from different hotel accounting software vendors. Here are some of the emerging trends I’m keeping an eye on:
- AI-driven automation: AI is increasingly used to automate repetitive accounting tasks like data entry and account and bank reconciliation, allowing your team to focus on strategic planning. Some vendors are integrating AI to provide predictive insights, helping you anticipate financial trends.
- Real-time reporting: Access to real-time financial data and financial statements is becoming a standard expectation. This feature allows you to make informed decisions quickly, based on the most current data.
- Enhanced security features: As data breaches become more common, hotel accounting software is focusing on advanced security measures. This includes encryption and multi-factor authentication to protect sensitive financial information.
- Mobile-first design: With more professionals working remotely, mobile access to accounting features is crucial. This trend allows you and your team to manage finances on the go, ensuring that key functions are not tied to a desktop computer.
- Scalability options: The ability to scale software as your business grows is becoming a priority. Vendors are offering scalable solutions that can adapt to the needs of both small boutique hotels and large hotel chains, ensuring long-term usability.
What is Hotel Accounting Software?
Hotel accounting software manages the financial operations of hotels and hospitality businesses. It is used by accountants, financial managers, and hotel administrators for accurate financial reporting and efficient management.
Key features include real-time reporting, data security, and AI automation, which support decision-making, protect data, and enhance operations. These tools simplify financial tasks and provide insights to help improve business performance.
Features of Hotel Accounting Software
When selecting hotel accounting software, keep an eye out for the following key features:
- Real-time reporting: Provides up-to-date financial data to help you make informed decisions quickly.
- AI-driven automation: Automates repetitive tasks like data entry, freeing up time for strategic planning.
- Multi-currency support: Handles transactions in different currencies, essential for hotels with an international clientele.
- Enhanced security: Protects sensitive financial information with encryption and multi-factor authentication.
- Scalability: Allows the software to grow with your business, accommodating more properties, restaurant expansions, or users as needed.
- Mobile access: Lets you manage finances on the go, crucial for remote work environments.
- Customizable dashboards: Tailors financial reports and analytics to meet specific business needs.
- Expense tracking: Monitors expenses efficiently to maintain budget control and financial health.
- Integration with PMS: Connects with property management systems for a unified view of financial and operational data.
Benefits of Hotel Accounting Software
Implementing hotel accounting software provides several benefits for your team and your business. Here are a few you can look forward to:
- Improved decision-making: Real-time reporting provides accurate data to help you make timely and informed business decisions.
- Increased efficiency: AI-driven automation reduces manual data entry, allowing your team to focus on more strategic tasks.
- Better financial control: Multi-currency support and expense tracking help manage and monitor financial transactions effectively.
- Enhanced security: Advanced security measures protect sensitive financial information from unauthorized access and breaches.
- Scalability: The software adapts to your growing business needs, accommodating more users and properties without hassle.
- Remote accessibility: Mobile access ensures you can manage your hotel’s finances from anywhere, supporting flexible work environments.
Costs and Pricing of Hotel Accounting Software
Selecting hotel accounting software requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in hotel accounting software solutions:
Plan Comparison Table for Hotel Accounting Software
| Plan Type | Average Price | Common Features |
| Free Plan | $0/user/month | Basic reporting, limited support, and essential accounting tools. |
| Personal Plan | $15-$30/user/month | Standard reporting, email support, multi-currency handling, and mobile access. |
| Business Plan | $50-$100/user/month | Advanced reporting, phone support, data analytics, and integration with property management systems. |
| Enterprise Plan | $150-$300/user/month | Customizable dashboards, premium support, AI-driven automation, and enhanced security features. |
Hotel Accounting Software FAQs
Here are some answers to common questions about hotel accounting software:
What software do most hotels use for end-to-end management?
Many hotels prefer using systems like Cloudbeds that integrate multiple functions into a single, user-friendly platform. These systems not only handle accounting but also manage bookings, inventory management, labor management, customer relationships, and more, providing a comprehensive solution for hotel management.
What type of accounting do hotels use?
Hotels commonly use managerial accounting to optimize profitability across various revenue streams, such as room bookings, restaurants, and events. This type of accounting provides insights into operational efficiency and financial performance, helping financial managers make informed decisions.
How does hotel accounting software improve financial control?
Hotel accounting software offers real-time reporting, expense tracking, and multi-currency support, which collectively enhance financial control. These features allow you to monitor financial health closely and make adjustments as needed to maintain profitability.
Can hotel accounting software integrate with other systems?
Yes, most hotel accounting software can integrate with POS systems, property management software, reservation platforms, and CRM tools. This integration ensures that all financial data is synchronized across different departments, providing a unified view of your hotel’s operations.
Are there mobile-friendly hotel accounting solutions?
Many hotel accounting software solutions offer mobile access through a mobile app, allowing hotel owners to manage finances on the go. This feature is particularly useful for remote work scenarios, ensuring that you and your team can access back-office financial data anytime, anywhere.
What’s Next?
If you're in the process of researching hotel accounting software, connect with a SoftwareSelect advisor for free recommendations.
You fill out a form and have a quick chat where they get into the specifics of your needs. Then you'll get a shortlist of software to review. They'll even support you through the entire buying process, including price negotiations.
