| Houston, Texas and Durant, OK - October 15, 1999 - Premier Hospitality
Management, Inc the Durant, Oklahoma-based hotel management company
with 9 hotels, has signed a five year contract with Telman. Premier contracted
with Telman for the use of Telman's Focused Scorecard, an Enterprise Resource
Planning (ERP) class of software specifically designed for the hospitality
industry. Focused Scorecard uses a hotel's information with a discreetly
designed set of metrics (measures) that establishes a fundamental structure,
or method, for managing the practices required for people to achieve sustainable
breakthrough results across key areas of the business. Premier Hospitality
intends to use Telman's Focused Scorecard to integrate its property management
systems with its corporate office accounting systems, and help their hotels
control payroll costs as well as manage the day to day key result areas
of each hotel's operations.
"We selected Telman's Focused Scorecard because it will allow
us to more effectively manage the performance of our operations and allow
us to uncover best practices in the organization that will most impact
profitability", says Raj Patel, President and CEO for Premier Hospitality
Management. " Telman will allow us to analyze, update and monitor key performance
indicators in our organization and rapidly perform analyses as well as
distribute information to users throughout the company".
Telman's Focused Scorecard solution gives owners and managers
in the hotel business proven scorecard technology to determine where profits
are at all times. Focused Scorecard interfaces with G/L and A/P accounting
systems, payroll processors like ADP, and individual property management
systems like Encore and System21. 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 breakthrough results.
Telman
is a Houston-based group of companies that develops and delivers technology
solutions that transform the way people manage key elements of their businesses
to produce unprecedented results. Telman delivers solutions that provide
the "richness" and the "reach" necessary for improved results in business.
That includes incomparably designed measurement systems such as Focused
Scorecard to provide the richness of information required to produce
breakthrough results in business; Infomediary services such as TeleMediary
connectivity solutions, to provide the reach our customers are dependent
upon to deliver their company's services and to support their own customer's
needs.
|