Bangalore, India, 11th Aug, 2021: Hotelogix, a cloud-based Property Management System that serves both independent and chain hotels across the globe, has, in an exemplary move, incorporated e-invoice support in its PMS for all subscribers in the Indian market. Electronic Invoice (e-invoice) is an invoice that is issued, transmitted, received, processed, and stored electronically using specific document formats. These are digital throughout the document lifecycle, from issuance to archiving.
This ubiquitous invoicing approach has immense automation possibilities which the Indian hospitality sector can benefit highly from. Apart from enabling greater control and visibility within the finance function, e-invoicing also increases the ability of buyers to make timely payments.
This move by Hotelogix is made in compliance with the Indian Government’s plans to bring all businesses with an annual turnover exceeding 50 crores under the scope of e-invoicing. To implement this mandate, the company has partnered with Binary Semantics Limited to integrate e-invoicing with its PMS. The Hotelogix-Binary connection will thus help Indian hotels to comply with their statutory requirements. This integration will empower Hotelogix client Hotels/Properties which are GST enabled to offer Electronic Invoicing to their travel agents, corporates, guests etc.
“Hotelogix is on a mission to provide maximum efficiency in the processes that an accommodation provider runs through everyday. Our technology gives Hotels the room to concentrate on, and better the experiences they deliver to their Guests.”, says Prabhash Bhatnagar, Founder and Chief Product Officer at Hotelogix.
If you’d like to know how Hotelogix Property Management software could benefit your hotel business, visit https://www.hotelogix.com/ to learn more.
Hotelogix is a cloud-based software solution, which is designed to help hotels of all sizes automate and manage their daily operations, increase efficiency, and maximize revenue. It eases the day-to-day functionality of different hotel departments like front-desk, point of sale as well as housekeeping and makes administering tasks intuitive and delegation of duties hassle-free. Third-party software integrations also allow effective inventory, price, and reputation management.