Property management systems also known as PMS are computerized systems that facilitate the management of properties through a single piece of software. They are usually deployed as client/server configurations. Today, most next generation property management systems favour web and Cloud technology and offer their software to clients using a software-as-a-service (SaaS) model. A few vendors like Hallisoft also offer the software in the traditional single payment license model.
Hotel property management systems typically cover some basic objectives such as coordinating the operational functions of front office, sales and planning etc. Automate functions like reservation creation, guest details, online reservations, point of sale, housekeeping, accounts receivable, sales and marketing, function rooms and banquets, maintenance management, and other amenities. Hotel property management systems may interface with central reservation systems and revenue or yield management systems, payment card authorization and channel management systems.
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