Hotel Business

FEBRUARY 26, 2025

Reeco , an AI-driven procure-to-pay platform for the hospitality industry, has appointed Paul Bennie as VP, sales and customer experience. Most recently, he served as VP, strategic accounts at Actabl.

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Revenue Hub

DECEMBER 15, 2023

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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Modern Restaurant Management

JANUARY 23, 2024

With more potential challenges than ever to account for, leaders in the food and beverage space must approach challenges proactively to avoid adverse impacts to operations, reputation, and profitability. Below are effective ways that some of the most common industry risks can be mitigated.

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Hospitality Net

JULY 17, 2024

Aptech has teamed with BirchStreet Systems to deliver efficiency and automation where it is most needed – the procure-to-pay (P2P) process.

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Modern Restaurant Management

MARCH 16, 2022

Accounting for inflation, $1.00 This, combined with the unrealized WOTC credits, these two factors alone account for over $60,000 annually. The Bureau of Labor Statistics states that some 890,000 workers in the sector quit their jobs in a single month. in 2006 is equivalent to about $1.38

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Modern Restaurant Management

MAY 10, 2022

With the right food cost management technology, you can automate and manage tasks such as recipe costing, accounting, and purchasing, all in real-time. It can take hours to manually figure out things like recipe costs, ingredient prices and inventory counts. Leverage Purchasing Data. Like Sherlock Holmes once said “Data! “Data!

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Hospitality Magazine

OCTOBER 22, 2024

EcoVadis evaluates companies on various criteria, including environmental management, labour and human rights, ethics, and sustainable procurement. Through collaboration and accountability, SLoCT fosters a more sustainable supply chain, enhancing overall environmental performance.

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Modern Restaurant Management

SEPTEMBER 10, 2024

The Challenges of Procuring Liquor Liability Insurance The inherent risks associated with selling alcohol make obtaining the right insurance coverage both essential and expensive. Many states have dram shop laws that hold businesses accountable for serving alcohol to minors or intoxicated patrons who cause harm.

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Hospitality Net

MAY 31, 2023

In this episode, Gareth Fraser interviews Vice President of Strategic Accounts, Tim McColloh. They discuss Tim’s professional background and what brought him to BirchStreet Systems, Strategic Account Management, software value proposition, and his recent attendance at the Marriott EMEA Procurement Meeting in Cairo, Egypt.

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Hotel Business

APRIL 1, 2024

Among the services provided by the CoralTree Residence Collection are owner relations and renovation services; accounting and financial services; guest/concierge services; front desk and amenity management; maintenance and capital project oversight; marketing; distribution and pricing; housekeeping; asset management; and procurement.

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Hotel Business

APRIL 17, 2024

“Direct booking on a property’s own website accounts for around a third of all bookings, with OTAs about half that. “The pandemic highlighted the importance of having an expert handling your booking if something goes wrong within procurement, CSR and sustainability control.

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SiteMinder

NOVEMBER 3, 2024

Given that hotels can be unique accommodations and physical buildings, insurance policies will often also take into account all the different amenities and spaces within the property too. The potential risk of injury, damage, or theft is high – and that’s before even taking into account factors such as weather events.

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Modern Restaurant Management

FEBRUARY 21, 2022

Plant Based Protein accounted for US$ 11.3 Vegan restaurants are hit hard as their raw material procurement is very specific and relatively complex. This has accelerated the demand for plant based meat and dairy products especially in western hemisphere. Now, there's no denying that there's money in this segment.

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Hotel Business

JANUARY 14, 2025

Other promotions include: Lindsay Meadows has been promoted to SVP, accounting & procurement. Since joining HE in 2022, she has been instrumental in optimizing procurement strategies and vendor relationships.

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Hospitality Net

JUNE 18, 2024

BirchStreet Systems, a leading global provider of enterprise procure-to-pay-solutions to the hospitality sector, today announced the launch of Operational Insights, an interactive reporting and analytics solution designed to help customers achieve operational goals for Purchasing and Accounts Payable processes and yield substantial cost savings.

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The Restaurant Times

JUNE 3, 2020

Rather than procuring raw materials on credit from your suppliers, check if they are willing to offer a discount if you make an immediate payment. Irrespective of the restaurant format, food costs generally account for a significant part of overall restaurant expenses. Implement an Automated Accounting Process.

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LimeTray

JANUARY 31, 2025

Combining supplier and purchase order management within a single system expedites the procurement process, ensuring that restaurants are always stocked with the necessary supplies. System Integration Be it accounting software or ERP tools, integration is the name of the game.

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Modern Restaurant Management

JULY 7, 2020

These categories account for nearly 75 percent of the loan dollars approved. The new product will take into account travel time, traffic patterns, topography, and real-life behaviors, such as how long it takes to get into a vehicle. 350,000-1 million. $1-2 1-2 million. $2-5 2-5 million. $5-10 5-10 million.

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Hotel Owner

SEPTEMBER 18, 2024

It comes as it has procured renewable energy for the past three years, whilst investing in water conservation and adopting “innovative” waste reduction programs. Key components of this include “clear policies, rigorous oversight, and a culture that prioritises ethical decision-making and accountability”.

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EATER

DECEMBER 17, 2021

Chipotle says that there are about 300 restaurant locations with a drive-thru window already, which only accounts for about 10 percent of all its burrito procuring destinations. Imagine begging the Chipotle worker at the window to let you get a few drips of this magical kicker of a sauce.

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Modern Restaurant Management

DECEMBER 28, 2020

The Baby Boomer and the Gen Z user have significantly different usage patterns in a mobile app and UX and UI teams will need to take this into account as digital solutions become commonplace in the shopping experience. John Moezzi, National Account Manager, Sharp NEC Display Solutions. One size doesn’t fit all. For example, BOHA!

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Modern Restaurant Management

MARCH 11, 2020

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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Revenue Hub

DECEMBER 8, 2023

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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Hotel Business

JULY 18, 2024

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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EATER

JULY 3, 2024

There are a lot of different factors that you have to take into account, and then wrap all that up into the question of how do I make it taste? For the purchasing team, and procurement, it’s been a fantastic journey to really start from the beginning of the chain and work alongside producers. Bananas are an athlete’s favorite thing.

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Hotel Business

JUNE 10, 2024

In his new position, Davenport will oversee the financial management of the company and have direct responsibility for accounting, financial planning and analysis, compliance, tax, treasury and procurement. Davenport will sit on the organization’s executive leadership team and report directly to Craig S. Smith, CEO.

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Hotel Owner

SEPTEMBER 25, 2023

Indeed, practising with homegrown produce is the best way to attune your senses, bringing a new element of procuring and planning to restaurant kitchens. A sustainable appetite As of this year, transportation alone accounts for 19% of the greenhouse gas emissions created globally by the food and drink industry.

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Hotel Business

SEPTEMBER 28, 2023

Among the services provided will be owner relations and services, accounting and financial services, guest/concierge services, front desk and amenity management, maintenance and capital project oversight, marketing, distribution and pricing, housekeeping and procurement.

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EATER

AUGUST 30, 2022

Ono’s perceived authenticity accounts for at least some part of his reverence. As Ono explains in the film, “We can’t buy just any tuna.” When used by diners in the U.S.

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Hotel Owner

JUNE 5, 2024

As CFO, Davenport will oversee the financial management of the company and have direct responsibility for accounting, financial planning and analysis, compliance, tax, treasury, and procurement. Davenport will sit on the organisation’s executive leadership team and report directly to CEO Craig S.

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Hotel Owner

FEBRUARY 18, 2025

The emissions crisis According to the Sustainable Hospitality Alliance, the hotel sector contributes about 1% of global carbon emissions, a figure that accounts for roughly 24% of the tourism sectors total emissions. This includes everything from furniture procurement to the food in the rooms.

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eZee Absolute

DECEMBER 14, 2023

Table of Content The Anatomy of the Hospitality Supply Chain Sourcing and Procurement Logistics and Operations Guest Experience The Impact on Hotels Massive Footprint or Force of Good? The supply chain, with its influence on procurement, logistics, and inventory, directly impacts a hotel’s cost structure.

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EATER

AUGUST 1, 2022

Diaspora has essentially turned its Discord server into a town square: In other channels, members share recipes and cookbook reviews, discuss where to procure hard-to-find ingredients, and crowdsource how to use rose petals and fava beans.

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Hotel Business

JULY 5, 2023

Buildings currently account for 45% of greenhouse emissions in the U.S. Planting trees was selected in place of a more traditional approach of purchasing carbon credits because it reflects Populus’s tree-inspired design and for its capacity to raise local awareness and accountability in Colorado. We need a new way to build.

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Hotel Business

MAY 19, 2023

As a member of the Clean Energy Buyers Association (CEBA), Highgate became the first hospitality company to sign CEBA’s Commercial Real Estate Principles, which supports the decarbonization of commercial buildings through energy optimization and renewable energy procurement.

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Metasphere

JUNE 27, 2024

Stay updated with real-time information and detailed tracking of laundry deliveries, order statuses, and budget expenditures, ensuring clear visibility and accountability. Simplify procurement with easy requisitions and approvals, ensuring timely and budget-friendly purchases without compromising service standards.

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EATER

JULY 11, 2024

By all accounts, her parents were very much concerned with fitting in with the Joneses, pressured to raise the all-American family and downplay their Mexican roots. He usually had a bottle or two of some fiery hot sauce in the refrigerator door, the rarer or harder to procure, the better.

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