TROO Hospitality Plays Digital Advantage with Percipient and Sage Intacct
Hotel management company fuels old school service with new digital platform.
About TROO Hospitality
Established in 2022, TROO Hospitality (TROO) is an exciting hospitality management company founded by a highly experienced team of international hotel owners and operators who have vast experience in financing, developing and operating businesses in the hospitality industry. Fuelled by an unwavering dedication to attaining success, tirelessly striving to fulfil the aspirations of its owners and key stakeholders, the business manages properties including Hotel Football, Stock Exchange Hotel, Mercure Aberdeen Caledonian, The Shakespeare Hotel, Stratford Upon Avon, and Mercure Eastgate Hotel Oxford.
Playing the Digital Advantage
With digital at the heart of TROO’s business model, the company needed to invest in a financial management platform that could scale, flex, and deliver intelligence to its business owners. Crucially the system needed to support a culture based on autonomy, intelligence, and transparency, as the business has a resolute owner-focus, with an ethos centred around leveraging technology to empower and enhance all aspects of operations. Its chosen system therefore had to deliver insights to its respective general managers (GMs) in a simple, tailored format from which to inform strategy, employee engagement and ultimately, the guest experience.
Having worked with Percipient previously, the TROO team had trust in them as a digital partner and following a review of several solutions on the market, Sage Intacct was selected.
Instant Value
TROO went live with Sage Intacct in September 2023 following an eight-week deployment. The organisation was quick to see value, as Steve Armstrong, Finance Director, TROO Hospitality explains: “Sage Intacct streamlines processes; fosters collaboration and engagement, enhances guest interactions, optimises resource utilisation, and enables data-driven decision-making. All of which converge to facilitate a distinct competitive advantage in the market.
“With Sage Intacct at our helm, P&L can be produced in just a few days, while month-end close has shrunk from two weeks to just four days. Easy to digest and understand, reports are sent automatically and allow business users to drill down into whatever level of detail they need. Any anomalies can be easily spotted and investigated.”
Sage Intacct supports the customer journey through delivering timely, contextualised, easy-to-read data to business owners so that they can have more meaningful conversations and refine aspects of the business accordingly. More consistent data and one version of the truth reduces risk, inaccuracies, and unnecessary spreadsheets.
CX is Everything
“The guest experience is everything in our industry,” Steve continues. “Sage Intacct supports the customer journey through delivering timely, contextualised, easy-to-read data to business owners so that they can have more meaningful conversations and refine aspects of the business accordingly. More consistent data and one version of the truth reduces risk, inaccuracies, and unnecessary spreadsheets.”
With an ethos which is very much focused on a people-led service and personalisation, Sage Intacct delivers the intelligence, automation and organisation which underpin and optimise TROO’s employees’ potential to deliver against this. Open APIs mean that Sage Intacct integrates with all other key systems and the smooth data flow minimises touchpoints.
A Warm Welcome
An example of this is the efforts TROO makes to ensure the employee journey is as efficient as possible. Removing as much bureaucracy as possible and time spent in front of a computer screen, allowing the team to spend more time with their guests providing a warm welcome and delivering best-in-class service.
Putting Talent Centre Stage
Of equal importance to the customer journey is the employee journey. In the face of skills dearth and talent gaps across the industry, ensuring the employee experience is crucial. While remuneration is of course important, it is not just about pay when it comes to retaining talent. It is about the overall experience and culture of the hotel. It is about what you hear, see, smell, and feel creating a multi-dimensional picture which defines the extent to which an employee wants to be part of the organisation.
From the get-go, Percipient understood our business, our industry, and was completely attuned to our goals and ethos. The people have been great to work with, and the fact that were live within just a few months with minimal training is a testament to their experience and dedication.
The Tech Stack Differentiator
Ultimately, Sage Intacct, integrated with TROO’s other systems as a core element of its tech stack, is a key differentiator for TROO. Not only does it enable efficient management of every one of its properties, but it also empowers the management team to monitor and analyse every financial metric with speed and accuracy. This in turn opens a greater number of opportunities for revenue optimisation and added value across all areas.
“Throughout the project, the Percipient team has been consistently knowledgeable and creative, and truly understands hospitality,” he concludes.
“From the get-go, Percipient understood our business, our industry, and was completely attuned to our goals and ethos. The people have been great to work with, and the fact that we went live within just a few months with minimal training is a testament to their experience and dedication. We are looking forward to pursuing further growth with both a world-class digital platform and partner supporting us along our journey.”
Sage Intacct Partner for Hospitality
If you would like to learn more about Sage Intacct, our work with TROO Hospitality, or how we can help your hospitality business, please get in touch or call us on 01606 871332.