How much does a reservation system yield?
Why should you choose an online reservation system and what are the benefits? The fixed license costs are clear, but how much do you really save by using a reservation system?
Why an online reservation system?
An online reservation system provides many advantages. Your company can be reached 24/7 and customers can make a reservation when it suits them. But they can also immediately see whether there is still room available. This obviously saves you a lot of time when taking reservations and checking availability. Time that you can spend on your guests and matters surrounding your core business. The reservation system automatically sends your guests a confirmation and a reminder, so you prevent no-shows and lost income.
Reservation system costs
The i-Reserve reservation system is available from 49 euros per month. The packages range from bronze, silver, gold and Platinum to Diamond. We work with fixed license costs , a fixed amount per month. So you do not pay per reservation made.
Calculation example of savings in reservation system
The license costs are therefore clear, but what does using a reservation system save? The i-Reserve reservation system can be used in many industries. Because the wages and/or number of reservations can vary considerably per sector, we have taken an average.
Principles: A colleague with a minimum hourly wage costs € 10 net per hour and €
gross . As an entrepreneur, time is even more valuable, we calculate with € 15 for convenience.
Scenario
You are the owner of a company with 10 products (for example boats, (meeting) rooms or activities) that can be reserved. You currently do not have a reservation system, which means that every customer needs telephone contact or multiple emails to make a reservation. You then record the reservations received in a book or Excel. This process will take you approximately 15 minutes per reservation.
If you process 100 reservations in 1 month, it will cost approximately 100 * 0.25 hours (15min) = 25 hours. And this is not counting all the information requests that come in by telephone or email or the emails or phone calls where you have to say no.
25 hours times € 15 costs the company € 375 per month.
A Silver license with web registration module costs only € 68.95 excl. VAT per month. With 100 reservations per month, using a reservation system saves €306.05 per month.
You even make a small profit with 20 reservations per month. 20 reservations * 0.25 hours (15min) costs 5 working hours. 5 * 15 euros = 75 euros.
Do you have a seasonal business and are you only open in summer or winter? Even then, purchasing a reservation system is still considerably worthwhile.
Six months without a reservation system: 6 times € 375 = € 2,250.
Six months with a reservation system: 12 times € 68.95 will still cost you € 827.40, a saving of more than € 1,400, calculated with a minimum wage!
Possibilities of a reservation system
You save this time and costs when customers have online insight into availability, can make their own reservations and, if necessary, pay (in advance). And we have now only compared the labor costs of taking a reservation against the licensing costs. But a reservation system can do so much more. For example, all colleagues have insight into availability. From home, office and on the road on mobile or tablet.
Do rates and times change during high season? No problem. You can set up the i-Reserve reservation system in such a way that adjusted times and prices are used during the high season.
Do you rent a product for 2 or 3 hours and therefore have multiple rental moments in one day? This involves complicated planning, but it is not a problem. The reservation system itself indicates which product is available and shows the planning to the administrators with a clear schedule.
Do you have a lot of no-show reservations? You can prevent no-show reservations by making a payment via the reservation system.
linked via additional modules to your accounting system, agenda, payment providers and Office tools?
And this is just a selection of the many possibilities. Learn more about our reservation system. View all functionalities and see what it can do for your organization. Or view the customers who have gone before you. Because in addition to the savings, booking online gives you more time and peace of mind.
Paid vs free reservation system
Now we hear you think. I am convinced of purchasing a reservation system, but why should I choose a paid reservation system and not a free system?
There are of course plenty of free reservation systems available online. But there are many differences between a free and a paid reservation system. The developers of the free system also have a revenue model. That's why most free versions offer limited options, such as a limit on the number of reservations, or on the number of registered users. You get extra access as soon as you purchase a license. That is of course fine if you have a starting company with (still) few reservations. But limiting when you want to grow. Read more about the differences between a free and paid reservation system .
Get to know i-Reserve
Contact us (or call 030 - 237 30 30) to discuss the options for your industry or try our reservation system for free for 30 days . Makes hiring and processing easy with the i-Reserve .