A Guide to Streamlining the Procurement Process in the Hospitality Sector

Hospitality Sector

One of the most challenging aspects of the hospitality sector is the procurement of ingredients and in this article, we take a closer look at procurement to pay platforms and how they work.

Purchasing – Keep all suppliers in one place

Have all your suppliers on a single interface, with streamline ordering on a secure platform; you can retrieve previous orders and compare prices from various suppliers while monitoring all transactions from a single point.

Invoicing

Transparency in processing, with an electronic invoice management component that saves you both time and money. You can create a digital invoice archive, which is accessible from a single interface, this eliminates double handling and streamlines your invoicing processes. Using hospitality procurement software makes total sense, automation saves time and money; book a free trial of the software package and experience the many benefits.

Managing inventory

As a stock controller, it is important that you have a real-time view of your inventory; you can set notifications so you will be informed when stock is getting low. In-house ordering has never been easier using this cloud-based system, which can be accessed from any location, using any device.

Recipe management

You can create recipes with real-time costing and share them within your organisation, with all recipes catalogued and stored on the cloud for instant access. Build upon your recipe base over a period of time, which means you have the edge over your competitors, being able to pull up the perfect recipe for any event. Here are a few reasons to consult a business lawyer.

Multi-device compatible

You can access your cloud-based procurement system using a smartphone, tablet, laptop or desktop PC. Each staff member has their own username and password and with real-time updating, everyone is on the same page.

Integrate finances

The system integrates with all financial platforms, enabling seamless solutions, with automated billing and invoicing, while you set notifications that all key players can see. Control everything through a single easy-to-use interface; this will transform your procurement processes and with cutting-edge data analysis, you can make informed real-time decisions.

Vendor contract management

You have business associations with many vendors and all vendor contracts can be managed via a special feature. A single click brings up the entire vendor history, with all contact details and a calendar that shows their operations.

If you are interested in learning more about procurement-to-pay software, search the web for a leading software developer that services the hospitality sector. They would be happy to set up a free trial, so you can see for yourself the many benefits; the system requires no special hardware and is all-device compatible, streamlining your procurement-to-pay processes.

Every industry is benefitting from cutting-edge business software and if you are in the business of hospitality, talk to a leading software developer and boost your efficiency.

 

 

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