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The Top 7 Pain Points in Hospitality Procurement and How to Overcome Them
Opinion

The Top 7 Pain Points in Hospitality Procurement and How to Overcome Them

Siloed and fragmented procurement software often complicates the procure-to-pay process. Outdated solutions are typically expensive, inflexible, and inefficient, yet many organisations persist in using these antiquated systems. This reliance on old-...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Finance
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Information Technology
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Procurement
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Johannes Vocke
by Johannes Vocke
24 July 2024FutureLog AGProcurement
The Top 7 Pain Points in Hospitality Procurement and How to Overcome Them
Supplier News

Aptech Teams with BirchStreet Systems to Bring Procure-to-Pay Processing to Twenty Four Seven Hotels

Aptech has teamed with BirchStreet Systems to deliver efficiency and automation where it is most needed – the procure-to-pay (P2P) process. Based on customer demand, this collaboration brings together the best in cloud-based enterprise accounting an...

Aptech Computer Systems Inc
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Finance
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Property Technology
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Finance & Accounting
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Procurement
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Aptech Teams with BirchStreet Systems to Bring Procure-to-Pay Processing to Twenty Four Seven Hotels17 July 2024AptechProcurement
Aptech Teams with BirchStreet Systems to Bring Procure-to-Pay Processing to Twenty Four Seven Hotels
Why a Data Strategy Is Key to Menu Engineering Success
Opinion

Why a Data Strategy Is Key to Menu Engineering Success

Amid a growing travel market and steady inflation, hoteliers are under increased pressure to differentiate themselves from competitors and remain profitable. While room rentals are often considered the greatest source of hotel revenue, your culinary...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Finance
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Property Technology
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Food & Beverage
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Procurement
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Johannes Vocke
by Johannes Vocke
10 July 2024FutureLog AGProcurement
Why a Data Strategy Is Key to Menu Engineering Success
From Chaos to Control: Why P2P Software Is a Must for Efficient Hospitality Contract Management
Opinion

From Chaos to Control: Why P2P Software Is a Must for Efficient Hospitality Contract Management

Maintaining strong, equitable vendor relationships is key to any successful hotel enterprise, especially during periods of economic uncertainty. When done effectively, these partnerships ensure that hotels can navigate supply disruptions, provide co...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Finance
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Property Technology
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Lodging Industry
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Innovation
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Procurement
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Johannes Vocke
by Johannes Vocke
3 July 2024FutureLog AGProcurement
From Chaos to Control: Why P2P Software Is a Must for Efficient Hospitality Contract Management
Leveraging Data Insights in Hospitality: The Role of P2P Systems in Improving Decision-Making
Opinion

Leveraging Data Insights in Hospitality: The Role of P2P Systems in Improving Decision-Making

Over the last several years, hoteliers have been forced to tackle a variety of emerging challenges head-on, from labour shortages to supply chain disruptions and rapidly evolving guest demands. As travel volumes recover, leading hotels are investing...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Finance
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Property Technology
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Lodging Industry
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Big Data
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Procurement
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Johannes Vocke
by Johannes Vocke
11 June 2024FutureLog AGProcurement
Leveraging Data Insights in Hospitality: The Role of P2P Systems in Improving Decision-Making
The Secret to Getting Executive Buy-in For Hospitality Procure-to-Pay Technology
Opinion

The Secret to Getting Executive Buy-in For Hospitality Procure-to-Pay Technology

Digital procure-to-pay (P2P) solutions are a no-brainer for the modern hotelier, streamlining procurement cycles and generating insights for more strategic purchasing decisions. But these goals can’t be realised unless everyone is on board for the i...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Finance
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Property Technology
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Procurement
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Johannes Vocke
by Johannes Vocke
28 May 2024FutureLog AGProcurement
The Secret to Getting Executive Buy-in For Hospitality Procure-to-Pay Technology
From Paper to Platform: Future-Proof Your Procurement Team With Digital Transformation
Opinion

From Paper to Platform: Future-Proof Your Procurement Team With Digital Transformation

In an eye-opening survey by PwC, global procurement professionals have spoken when it comes to their digital transformation initiatives. By 2025, procurement departments have an average target of 72% digitalisation, with efficiency, transparency, tr...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Property Technology
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Lodging Industry
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Finance & Accounting
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Innovation
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Procurement
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Johannes Vocke
by Johannes Vocke
21 May 2024FutureLog AGProcurement
From Paper to Platform: Future-Proof Your Procurement Team With Digital Transformation