Leading hospitality owner, manager and developer, Concord Hospitality Enterprises Company, has announced a new partnership with Investor Management Services (IMS), a leader in investment management software. The partnership will provide Concord Hospitality investors, accountants and other stakeholders with easy access to relevant information and updates to gain a better and more holistic understanding of their current assets through a recently launched investment portal powered by the IMS Platform.
“Our team wanted to find a new way to communicate with our investors and showcase their investments,” said Scott Ness, Senior Vice President of Accounting at Concord Hospitality. “Following a comprehensive review of investment management software companies and the marketplace, we chose IMS due to the company’s ability to provide us a platform which will help us support more than 500 investors and improve the communication with those investors. The platform will simplify our internal processes and allow us to manage the data more efficiently. We believe that the IMS software will help set us apart from other hospitality companies and we look forward to building on what the platform has to offer.”
Launched in July 2018, the investment portal manages information and documentation efficiently and effectively for investors through a customized, secure dashboard. It allows stakeholders to log in and view their investment performance, data and details 24/7/365 on their desktops or through the mobile app.
“IMS was created to partner with industry leaders, such as Concord Hospitality, to enable them to deliver industry-leading investor transparency” said Leigh Haydon, Chief Revenue Officer of IMS. “We look forward to working with Concord Hospitality to provide their investors with easy and secure access to important information and updates.”
The investment portal will also expedite accounting services by electronically distributing dividends. In late 2018, Concord Hospitality’s aim is to expand the system to include electronic distributions and in 2019 to use the system to assist in subscription agreement facilitation and delivering tax information to Concord Hospitality investors.
About Concord Hospitality Enterprises Company
As an award-winning hotel development, ownership and management company, Concord Hospitality Enterprises Company has spent the last three decades building relationships with investors, partners, and third-party hotel owners on more than $2.5 billion in premium-branded properties across the United States and Canada. As an operator, Concord Hospitality instills value from the ground up, developing and managing with a sustainable viewpoint, a focus on quality and hands-on involvement to ensure long-term profitability and success. Concord Hospitality believes that its people are its greatest strength. With the brightest talent, the most innovative processes and a commitment to giving back to the communities where associates live and work, Concord Hospitality is committed to be a great place to work for all. Learn more at concordhotels.com.
About Investor Management Services (IMS)
Serving real estate investment firms, Investor Management Services (IMS) is the leader in the investment management software space providing the only all-in-one platform. We enable our customers to better serve their investors while improving the efficiency of their firm. The IMS Platform includes an Investor Dashboard, Document Management and Sharing, Customer Relationship Management (CRM), and Waterfall Distribution Processing. For more information, please visit https://www.imscre.com/.