Utilizing Microsoft's Dynamics SL software for its back office solution on a centralized basis in the Memphis headquarters, Davidson coordinates the inflow of information and documentation from the hotels on a daily basis in order to provide services for general ledger, payment of invoices and payroll, the filing of sales taxes, daily bank reconciliation and financial reporting. Internal controls in place at the hotels are continually evaluated through reporting reviews and internal audits and reinforced by the annual completion of a SAS-70 audit process.

This audit provides assurance that Davidson follows policies, procedures and business processes recognized as best practices for providing a secure, stable working environment in each of our hotels around the United States.

The Accounting department also coordinates external financial audits and plays a key role in takeover situations by setting up all necessary accounts, monitoring initial prorations and ensuring Davidson's internal controls are communicated and implemented in a timely manner to safeguard owners' assets.