Peabody Hotel Group's centralized accounting system, based in Memphis,
Tennessee, has been cited as a meticulous, detailed model for successful
hospitality accounting. The fully-staffed, central accounting office is
linked to the three Peabody-flagged properties and to the seven
independent/franchise properties within the Brand Management Division.
PHG Financial Services include:
- Centralized computerized accounting networks
- Centralized Purchasing
- State-of-the-art Corporate Accounting Support Services
- Immediate Financial and Capital Expenditure Tracking capabilities
-
General Ledger - Balance Sheets - Budgets - Profit and Loss Statements
- Payroll - Accounts Payable - Cash Flow Reports and Accounts receivable.
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