VenuePro Blog

Helping venues reduce costs and improve ROI during an economic downturn

After the fairly short lived “post Covid economic bounce” it seems the UK, and the global economy more generally, is heading for a difficult 12 months.

A combination of rising energy prices, rampant global inflation and stagnant wage increases has led many commentators to suggest that a downturn is the likely course for the global economy. Some are even suggesting a number of economies, including the UK, will suffer a full blown recession.

It is likely that revenues across all sectors will suffer as consumers tighten their belts and brace themselves for the turbulent times ahead. Disposable incomes are going to be hit as prices rise further, meaning purchases on ‘luxury’ products and services will likely be reduced, which could hit the hospitality, venues and events sector harder than most.

It is therefore important that business owners, operators and finance professionals look at how they can become more efficient, drive productivity and reduce their overheads, whilst still delivering exceptional visitor experiences and improving return on investment.

VenuePro can help reduce operational costs

VenuePro is an innovative and highly customisable global technology platform that simplifies the operation of stadiums, arenas and venues of all sizes. It can help venues reduce costs and improve ROI by streamlining operations, delivering automation and improving efficiencies across all aspects of the organisation.

It’s a cost effective, cloud based solution that digitises and automates a lot of existing labour intensive, manual processes so that headcount can be reduced or human resources can be deployed elsewhere. It picks up the slack by streamlining many of the manual, repetitive functions that an operations team has to deal with on a regular basis, that take up significant resource.

With 17 distinct modules that can be selected depending upon an organisation’s specific needs, VenuePro provides a highly flexible solution. You can pick and choose which modules will have the most impact for your venue, so you only pay for what you need. Or you can create a complete end to end solution which will automate, streamline and simplify your entire event day operation. 

What’s more, VenuePro is easy to on-board, is supported by a dedicated team and fits in seamlessly with the existing IT infrastructure.

To find out more and see how VenuePro can help your operation drive ROI please get in touch at contact@approved-tech.co

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