Our Services
Procurement Process
With more than 50+ years in the making, Stroud Group has an intimate knowledge of the hospitality industry. We know what makes a hotel, a hotel and we use that knowledge to give you the absolute best new hotel build or renovation you can get in this industry.
With an endless database of FF&E / OS&E procurement resources, we find what you need and get it when you need it – all within budget. We know it sounds a little like some “hotel magic”. But it’s not magic. It’s actually about knowing the hospitality procurement business like the backs of our hands. Plus we know it better than anyone else. Here’s what we do:
Purchasing
As savvy buyers, Stroud Group focuses on FF&E and OS&E for hotel procurement projects large or small. Our hands-on approach to managing your hotel’s new project or renovation partners with you from beginning to end, taking care of everything that comes along. Saving you time, money, and mediating risks, we sweat the small stuff so you don’t have to including:
- Budget Development
- Specification Review
- Bidding
- Design Fulfillment
Accounting Your Way
We refer to our Accounting Management as music to YOUR ears. That may should a bit out of the ordinary, but this is more than just a business to Stroud Group. We act on your behalf as if your hotel project, is our personal project. And in many ways, it is. We keep you informed and updated during the entire FF&E / OS&E procurement process for your hotel build and renovation project.
Here’s What You Can Expect From Stroud Group Accounting
- PO Management
- Payment Disbursements
- Cost Monitoring
- Third-party CPA audited
PO Management
As soon as you and your team are ready, we set our Purchase Order Management Plan in motion. To get purchase orders moving quickly, Stroud Group maintains an up-to-date, extensive data source of well-qualified vendors and suppliers for just about any product your hotel project needs.
Payment Disbursements
Timely execution of vendor payment disbursements is critical in keeping your hotel renovation or new build moving and on time.
Cost Monitoring
Keeping up to date with all budgetary issues is a key component of a successful hotel project.
Third-party CPA audited
A CPA audit is a critical part of our financial checks and balances system. This third-party CPA audit provides an independent review of our financial statements and ensures that we are properly accounting for all hotel procurement and spending. The CPA audit gives us and our clients the peace of mind that we are on track with financial spending and are always putting our clients’ needs as a top priority.
Reporting
It’s no secret your project has many moving parts. Because of that, we make sure you have any type of report needed for your hotel project. Stroud Group keeps you up to date with accurate and consistent data so you have exactly what you need, any time of day. Since you’re busy, too, we make every report available when you need it. Stroud Group Reporting Includes:
- Online – Real Time Monitoring
- Communication
- Custom Reports