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performance management

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performance management

What Is Corporate Performance Management in Hospitality?

Vic Chynoweth | August 27, 2024

With the right methodologies and metrics, hospitality companies can implement Corporate Performance Management strategies to drive operational efficiency, enhanced guest experiences, and financial success.  By Vic Chynoweth Corporate Performance Management (CPM) refers to the processes and systems used by organizations to monitor, manage, and improve their business performance. CPM encompasses a wide range of activities, including planning, budgeting, forecasting, financial reporting, and analysis. It helps organizations align their resources and strategies with their goals, measure progress, and adjust tactics to optimize outcomes. Speci...

MDO Launches Sustainability Calculator and Certification Program

myDigitalOffice | November 15, 2022

Hotel companies are invited to share their efforts toward moving reports and documents online, receive personalized data on their environmental impact, and apply for MDO Sustainability Certification. BETHESDA, MD., November 15, 2022 – myDigitalOffice (MDO), the world's fastest-growing hotel performance management platform, today released an online sustainability calculator and certification program aimed at shining the spotlight on hotel owners and operators dedicated to reducing their environmental footprint. The calculator allows any hotel company to enter information specific to their sustainable operating processes and apply for MDO S...

myDigitalOffice 2020 Year-In-Review: Customer Growth and Tech Evolution

myDigitalOffice | January 21, 2021

Bethesda, MD – January 21, 2021 – myDigitalOffice (MDO), the award-winning hotel performance management and back-office automation solution, today announced continued expansion throughout 2020, despite setbacks in the hospitality industry due to the ongoing effects of the pandemic. In 2020, myDigitalOffice celebrated its fifth year serving hotels with transformative technology, doubled its customer base, launched a new product, expanded their system integration ecosystem, ramped up employee count, and opened a new office in Atlanta. “2020 was a challenging but also very exciting year on so many fronts,” says Ali Moloo, founder and CE...

Cloud5 HDX Advances to HTNG TechOvation Award Semi-Finals Led by CEO Mark Holzberg

Cloud5 Communications | February 27, 2019

CHICAGO (February 27, 2019) -- Cloud5 Communications has been named a semifinalist in the HTNG TechOvation Award competition which recognizes technology innovation in the hospitality industry. After two weeks of voting, Cloud5's Hospitality Dashboard Experience (HDX) is among the ten entries chosen to move forward to the next round of the 2019 HTNG TechOvation Award. Contestants submitted 90-second videos to showcase their innovative solution that is new to the hospitality market. Three of the semi-finalists advanced from the videos that received the most YouTube "likes" from the public. The other seven semifinalists were dete...

Faster, Nimbler Performance: UniFocus Boosts Its Industry-Leading Workforce Management Solutions with Hyper-Converged Infrastructure

UniFocus | October 12, 2017

DALLAS – Oct. 12, 2017 – UniFocus is adding hyper-converged infrastructure to its data center, underscoring its commitment to provide its partners with the industry's best-performing workforce management solutions. The Dallas-based organization is deploying Dell EMC VxRail Appliances – a significant investment that will translate into faster, more agile performance for users of its industry-leading LMS. "Hyper-converged infrastructure represents a substantial technological leap for data centers," said UniFocus Director of Infrastructure Mike Estes. "UniFocus is adopting the technology early so that our clients gain the...

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