Leading Midwest property management company leverages ProfitSword’s advanced performance analytics and data integration capabilities to modernize revenue operations and support portfolio growth
Tampa, FL — October 25, 2022 — Actabl, the industry’s first and only integrated hotel operations, business intelligence and labor management solution platform, today announced that its ProfitSword by Actabl solution has been deployed by Stoney Creek Hospitality to provide business intelligence and data integration solutions to its entire portfolio of properties in the Midwest. Currently, Stoney Creek owns, operates and manages 11 hotel properties across five states, including Illinois, Iowa, Missouri, Oklahoma and Wisconsin. As a result of the new partnership, all Stoney Creek Hospitality properties now have access to ProfitSword’s industry-leading suite of advanced budgeting and performance forecasting tools designed to provide accurate, data-driven decision-making capabilities, increase operational efficiency and drive revenue growth for each property, as well as for the entire organization.
Prior to adopting the ProfitSword platform, Stoney Creek’s management team utilized a complex manual process of compiling and formatting data into Excel spreadsheets for separate review by the business planning and accounting teams, in order to analyze past performance and forecast future revenue growth. In 2020, the company decided to move away from any legacy solution that wasn’t cloud-based and initiated an overhaul of all of its technology systems to establish more modernized, streamlined and efficient processes in all operational areas. During their review of potential business intelligence and data integration solutions, the company identified ProfitSword’s comprehensive cloud-driven platform as a top contender, and also noted the company’s longevity in the market and its reputation for delivering efficiency and innovation, as well as responsive customer service.
“We could not be more pleased with our selection of ProfitSword,” said Katie Wienen, VP Business Integration at Stoney Creek Hospitality. “Not only was the implementation seamless, but with the new integrated system now in place, our forecasting and budgeting process takes a mere fraction of the time it used to. The solution aggregates our data and makes it scalable, allowing us to be much more nimble, since it is updated continuously and available to all stakeholders from one centralized location, rather than emailing outdated spreadsheets between teams, as we were before. In fact, internally, we refer to ProfitSword as the ‘spreadsheet killer!’
With ProfitSword’s unique ability to integrate with a vast range of data-generating systems, Stoney Creek Hospitality can now access analytics such as STR, PMS, POS, GSS data and much more from a single web-based and user-friendly interface. The company also benefits from real-time access to performance data through the business intelligence provider’s custom reporting capabilities. A high-value feature that streamlines the management of daily income journals, ProfitSword’s customized reporting capabilities ensure that hoteliers and their staff can automatically receive performance analytics that are relevant to their roles and areas of responsibility.
“We are honored to have been selected by Stoney Creek Hospitality to help them modernize and streamline their financial, accounting and business planning processes across their entire property portfolio,” said Lindsey Goedeker, VP Sales at Actabl. “We will endeavor to provide them with all the detailed insights and tools they need to uncover new revenue streams and establish more efficient operations that will serve as a foundation for continued growth.”
About Actabl | With a comprehensive suite of industry-leading technology solutions designed to meet the evolving needs of the global hospitality industry, Actabl provides all the insight and intelligence today’s hoteliers need to enhance operational efficiency, improve guest experience, and increase profitability at the individual, team, property, and enterprise levels. Bringing together the industry’s most powerful and proven brands, Actabl’s integrated solution includes the ALICE hotel operations management platform, ProfitSword’s AI-powered business intelligence technology, Transcendent’s advanced enterprise asset management, and Hotel Effectiveness’ complete labor optimization system designed for hotels and hotel management companies. With a global team of 250+ employees boasting over 1,000 years of combined hospitality experience, Actabl serves the technology needs of more than 10,000 properties in hospitality markets around the world.
About ProfitSword by Actabl | Founded in 2001, ProfitSword by Actabl’s mission is to provide exceptional business intelligence tools to the business community, specializing in data collection and integration, data analytics, operational functionality and reporting at all levels of the organization. The ProfitSword Suite is now in use by more than 30,000 users across 3,000+ business units. ProfitSword’s award-winning SaaS solutions provide the end user with applications for consolidated, real-time reporting and data management. ProfitSword uses various available methods of gathering data from disparate sources to create a powerful data warehouse. The suite of applications is accessible to all levels of users throughout the organization.
About Stoney Creek Hospitality | A leading full-service property management company based in Iowa, Stoney Creek Hospitality across the Midwest. With 25 years of hotel management experience, proven success in strategic planning and a commitment to genuine hospitality, Stoney Creek hotels are consistently ranked as top performers in each market. Stoney Creek’s entrepreneurial mindset and personalized approach to each property cultivates an authentic, individualized experience for our partners and their guests. For more information, please visit stoneycreekhospitality.com.