Remove Accounting Remove Back of House Remove Procurement
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HB Exclusive: Reeco raises $15M for procure-to-pay platform

Hotel Business

An AI-powered procure-to-pay platform designed for the hospitality industrydesigned with help from a former hotelierhas just received funding that it says will help it continue to make the process easier for hoteliers. Over the past year, weve made massive leaps in modernizing purchasing, receiving, inventory audits and accounts payable.

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M3 and Reeco enter strategic alliance

Hotel Business

M3 , a provider of accounting and financial solutions for the hospitality industry, has entered into a strategic alliance with Reeco , an AI-driven procure-to-pay platform in the hospitality industry. The companies celebrated the alliance at an event at the Hunter Conference.

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How to Leverage Data to Optimize Inventory for Profitability

Revenue Hub

NB: This is an article from Craftable Subscribe to our weekly newsletter and stay up to date Optimizing back-of-house processes like procurement and using data to manage current inventory and help predict future trends can help operators control purchase orders, reduce financial risks and anticipate and adjust to future needs based on past trends.

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Tech-Driven Hospitality Trends to Expect in 2024 and Beyond

Revenue Hub

For example, AI can help procurement software compare environmentally friendly and diverse-owned hotel suppliers and monitor outcomes when investing in these businesses. Automation technologies make a difference in hotel operations and efficiency to streamline back-office tasks such as inventory management, accounting, and payroll processing.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

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Aptech, BirchStreet upgrade P2P for Twenty Four Seven Hotels

Hotel Business

Aptech has teamed with Birchstreet Systems to deliver efficiency and automation to the procure-to-pay (P2P) process. Integration between Aptech and BirchStreet has been instrumental to our performance,” said Khanh Tran, VP, finance & accounting, Twenty Four Seven.

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NLRB Joint Employer Final Rule and America’s Classics

Modern Restaurant Management

There’s always sinigang; Leila adapts the classic tamarind-sour soup to its Northwest surroundings with salmon collars procured from neighboring fish vendors. ” Research shows that: • Gen Z will account for 40 percent of global consumers in 2020 (McKinsey & Company).