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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. Purchasing is one of the most difficult challenges facing hoteliers.

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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 Increase Employee Productivity

7 Shifts

The Solution: Adopt tech solutions to automate back of house tasks Costing your menu can be incredibly time consuming. When he’s not busy being a social media guru and creating content, you can find him learning about procurement practices and up and coming restaurant trends.

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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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Eliminating zombie hotel tasks to reignite hospitality businesses

Hotel Owner

Invigorate back of house Endless spreadsheets and number crunching has turned finance, sales and revenue teams into data zombies. It’s time to reawaken the back office by simplifying operations with smart business practices to spark commercial excellence.

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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.