Carats & Cake, the financial operating system for the events industry, today announced the launch of its dashboard solution for sales and finance teams across the hospitality industry. The first product to launch since the company announced its Series A financing in September 2022, the dashboard provides property groups with easy-to-access, transparent, and real-time reporting as part of its end-to-end revenue optimization platform.
“At Carats & Cake we partner with the largest hospitality groups and property asset owners in the world to ensure their teams have a purpose-built solution that improves efficiency and drives up revenue while increasing margins. One of the gaps we noticed that was fairly omnipresent across the industry was the lag in information sharing between sales and finance teams. Sales is always thinking about the next opportunity and finance is often looking at what has occurred to ensure all invoices are paid. With the Carats & Cake dashboard, we’re providing all business functions with access to the intelligence to drive their business forward by reducing that lag in up-to-date information,” said Rhett Keller, Chief Revenue Officer, Carats & Cake.