Vista Host Renews Technology Agreement with UniFocus
Vista Host Renews Technology Agreement with UniFocus
DALLAS / HOUSTON - Vista Host today announced its decision to renew its long-standing partnership with UniFocus for the continued use of their Watson, R.M.(tm) Revenue, Payroll, Budget, and Profiter modules. Vista Host uses the Watson Financial Suite to compliment their Financial Management Reporting Systems throughout their organization.
UniFocus' Watson, R.M. software gives owners and managers in the hotel industry a proven scorecard system to determine where profits are at all times. Watson interfaces with the G/L accounting system, payroll processor, and integrates the accounting support functions. Operations and financial information is presented faster and more accurately to management for all of their hotels, with minimum time required for analysis. Overall, operations managers become more effective at identifying weaknesses in their operations, and general managers become more effective at producing favorable financial results.
Commenting on their decision to continue a nearly two-decade relationship with the software, Vista Host's Chairman of the Board and Chief Executive Officer, Michael Harrell, remarked, "With today's challenging business environment for the hospitality industry, it is important to have our managers focus on the most relevant information and not spend time producing data and generating reports. Having sold the technology that began as an in-house initiative several years ago, we are pleased with the improvements UniFocus has added and look forward to continuing our relationship."
UniFocus' Chairman and Chief Executive Officer, Mark Heymann, stated, "We are pleased by this decision and proud of our continuing association with Vista Host and their support of driving innovation in this technology. The evolution of the Watson, R.M. technology has focused on giving managers the clearest picture of their business in order to make critical decisions. Vista Host should be in a very good position to take advantage of the emerging recovery."
Terms of the agreement were not disclosed.
UniFocus is a Microsoft(r) Certified Partner, an affinity partner of the International Association of Conference Centers, a business partner of the International Association of Convention & Visitors Bureaus, and an allied member of the American Hotel & Lodging Association.
Randall Crabtree, UniFocus
(972) 512-5158
Steve Farina, Vista Host
(832) 476-9127