Raleigh, NC – Broadvine, a leader in Financial Performance Management software for the hospitality industry, announced today it released two new products to increase the breadth and flexibility of its application. Broadvine Insights expands the data and analysis capabilities of the existing application while Broadvine Essentials provides an entry-level product to companies needing to automate data consolidation, reporting, and forecasting processes.

"With Broadvine Insights, our customers will be able to use additional data and analysis to better predict what is likely to happen instead of relying on historical data to guide their decisions," said Shawn Barber, CEO of Broadvine. "The initial release of Insights includes robust, visual dashboards for pace and forecast accuracy which drive more accountability to the property ensuring the business will produce the forecasted results. This is essential to delivering value to owners and Insights makes it easier achieve those commitments."

In addition, Broadvine introduced Essentials, a combination of its reporting, budgeting, and forecasting modules with an expedited onboarding program and a collection of key reports. Essentials is a cost-effective package targeted to companies with less complex properties or a smaller portfolio of hotels that would benefit from automated reports and an easy to use process for budgeting and forecasting.

Broadvine's application platform provides real-time data and analysis for use in making more strategic and profitable decisions. By consolidating data from various property management systems, third-party data sources, time and attendance systems, and the accounting platform, owners and operators have complete revenue and statistical analysis reports and insights to make better decisions – all in real-time and across their portfolio.

With these new options, Broadvine provides flexibility to owners and operators of all complexities and portfolio sizes.

For more information, please visit Broadvine at HITEC Booth #931 or visit www.broadvine.com.

About Broadvine

About Broadvine

Broadvine delivers financial performance management software to help hotel management companies and ownership groups increase profitability and operational efficiencies across their portfolio. Broadvine"s software-as-a-service application consists of Reporting, Forecasting, Labor, and Expenses Management modules – providing a robust and flexible platform. Broadvine is utilized by 25 management companies and almost 1000 properties worldwide. For more information, visit www.broadvine.com.

Stephanie Hall
VP Sales & Marketing
919 227 3766