What is PMS, why use the software?

Reservations

• Provides easy reservations entry for individuals as well as groups.
• Permits flexible rate configuration for optimizing return on room inventory.
• Accesses availability by room type, total hotel, and group.
• Provides confirmation letters and pre-printed registration cards.
• Maximizes occupancy through management-defined room inventory limits.
• Captures additional guest information through hotel configurable fields.
• Tracks wait lists.

Property management systems also known as PMS or Hotel Operating System (Hotel OS), under business terms may be used in real estate of mind, manufacturing, logistics, intellectual property, government or hospitality accommodation management. They are computerized systems that facilitate the management of properties, personal property, equipment, including maintenance, legalities and personnel all through a single piece of software. They replaced old-fashioned, paper-based methods that tended to be both cumbersome and inefficient. They are often 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 model.

In the hospitality industry a property management system also known as a PMS is a comprehensive software application used to cover some basic objectives such as coordinating the operational functions of front office, sales and planning etc. Automate hotel functions like guest bookings, guest details, online reservations, point of sale, telephone, accounts receivable, sales and marketing, banquets and other amenities

Property Management systems allow local property managers and maintenance personnel manage the day-to-day operations of their properties. Property maintenance for commercial properties includes major focus areas such as risk management, maintenance, communication, and tenant satisfaction. Usually a certain agreed percentage of the rent payment will be deducted on each rent payment collected by the property management as their service fee. There are also other ways of charging the property owners using the service but percentage collection is the common one.

take an example as early as 1998.

The Paragon AS/400 solution provides comprehensive management of guest relations from reservations to check-out. Engineered to run in an OS/400 environment and on an IBM AS/400 platform, this solution is designed as a flexible system that can grow as business demands. Its modular design includes front office, back office, payroll, inventory, purchasing and comp accounting. The Paragon AS/400 solution takes full advantage of new technological advancements to provide improved efficiency, long-term maintainability, and performance.

Hotel Information Systems, a division of MAI Systems Corp., is a worldwide provider of total information systems to the hospitality industry. With headquarters in Irvine, Hotel Information Systems has offices in Canada, United Kingdom, Hong Kong, Singapore and Mexico as well as a worldwide distributor network. Hotel Information Systems sells, installs and supports a wide variety of automation solutions including LodgingTouch, Paragon and CLS Software. Offering superior performance and leading-edge technology, these feature-rich solutions operate on Windows NT, OS/400 and UNIX platforms and include modules for Front Office, Back Office, Point-of-Sale (POS), Central Reservations Systems (CRS) and Central Information Systems (CIS).