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HB Exclusive: Reeco raises $15M for procure-to-pay platform

Hotel Business

We often see management companies investing heavily in front-of-house technology to enhance the guest experience and drive repeat business and revenues, Henrik Shimony, cofounder/ CEO, Reeco, and a former hotelier, told Hotel Business in an exclusive interview. We are excited to partner with them and support their growth.

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M3 and Reeco enter strategic alliance

Hotel Business

By partnering M3s accounting solution, Accounting Core, with Reecos re-imagined procurement management platform, hoteliers can now automate purchasing, financial tracking and vendor management.

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A guide to hotel departments, operational areas and building functions

SiteMinder

Cleaning back of house offices and spaces. In terms of hotel building functions, it’s useful to have housekeeping stations and supply closets on every floor as well as centralised back of house facilities for laundry and so on. A desk in the back of house office near these departments would therefore be advantageous.

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A comprehensive overview of job positions within a hotel

SiteMinder

Duties include negotiating with vendors, managing contracts, quality assurance, stock taking, and accounting. Human resources manager. Previous experience in restaurant management is required for this role and a degree in business administration or similar is often helpful.

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Restaurant Accounting Software: Gain Insight Into Your Financial Operations

Synergy Suite

Vendor Management Restaurant accounting software enables efficient management of vendor invoices and payments. It helps track vendor bills, manage payment schedules, and streamline the accounts payable process. This allows for efficient invoice processing, automated payment scheduling, and vendor management.

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Restaurant management skills as the gateway to a dynamic career

Les Roches

You’ll also need to handle vendor management for timely supplies. Budgeting and financial management Portra/E+ via Getty Images Finances for a restaurant will include sales forecasting, food cost control, staffing costs, and more. This means working closely with team members to know what’s needed and when.

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Restaurant management skills as the gateway to a dynamic career

Les Roches

You’ll also need to handle vendor management for timely supplies. Budgeting and financial management Finances for a restaurant will include sales forecasting, food cost control, staffing costs, and more. However, orders must be balanced with minimizing waste, as food waste in particular can be a source of financial drain.