According to ZipRecruiter, the average annual Hotel Housekeeper salary as of February 2023 is $25,958, about $2,163 a month (before taxes). In order to augment the annual base salary, tips become an important part of their overall compensation. When guests choose not to tip or can’t because they don’t have a digital option, these employees […]
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The Power of Accounting Automation
Managing financial transactions and reconciling accounts can be time-consuming and overwhelming for business owners. 51% of companies use automated processes to reconcile their accounts. Switching to automation can be a game-changer for businesses looking to save time and resources. Businesses can reduce manual reconciliation by up to 70%. This translates into fewer errors and increased accuracy. Automating […]
Maximizing Profit and Success through a Cash Culture: The Evolving Role of Credit Managers
In recent years, the role of credit managers has evolved from a traditional debt collection focus to a more strategic revenue management focus. This shift requires credit managers to oversee end-to-end global processes and manage the stakeholders involved at each stage of those processes, including extending collaborative relationships with the sales department and customers. To […]
Why Are Quick Service Restaurants Embracing Digital Tipping?
America is increasingly going cashless. Seven years ago, the number of cashless U.S. adults represented just a quarter of those polled by the Pew Research Center. Today, that number stands at 40%. Consumers have cleared out the bills from their pockets and moved to plastic or the increasingly popular digital wallets such as Apple Pay and […]
Eliminating Hours of Manual Work with Credit Recon’s Fully Automated Reconciliation Solution
Are you tired of spending hours reconciling credit card entries manually? Do you dread the thought of combing through excel spreadsheets, trying to match transactions and catch any errors or exceptions? If so, it’s time to ditch the manual process and upgrade to Credit Recon. Our fully automated reconciliation solution streamlines the process of reconciling […]
Staying Ahead of the Curve
As the new year begins, it’s important for businesses to stay ahead of the curve and anticipate the evolving needs of the accounting industry. At Evention, we are committed to continuously improving our solutions to meet the changing needs of our clients in the hospitality and retail industries. By leveraging the latest technologies, seeking client […]