A property management system (PMS) is the core software a hotel uses to run its operations: reservations, check-in and check-out, room assignments, rates, and guest billing. Tools like Opera, Mews, and Cloudbeds act as the system of record for what each guest was charged, and when.
For hotel finance, the PMS is the starting point of revenue. Every night audit, folio, and posted charge originates there. The challenge is connecting that operational revenue to what actually arrives in the bank and what is booked in accounting. A PMS records a 200 euro stay. It does not prove the 200 euros were collected, settled by the card processor, and posted correctly.
That gap, between PMS revenue, bank settlements, and the ledger, is where unexplained differences pile up across card batches, cash, and channel payouts.
Phacet closes the loop. The agent that bridges revenue to accounting maps PMS postings to the right accounts, while the card payment reconciliation agent and the cash takings agent confirm that declared revenue matches what was banked. Each match exposes its reasoning through a native audit trail.
The PMS captures the stay. Phacet verifies that the money behind it was received and recorded, turning operational hotel data into reconciled, audit-ready revenue for hospitality groups.
