• Procure-to-Pay ROI: What could yours be?

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    Investing in back-office business process improvements is now at the “top of mind” for many executives, especially CFOs. Calculating the Return on investment (ROI) for software is different for every company, due to the uniqueness and specific business rules to each property. After 13 years of serving the hospitality industry with over 7,000 contracted customers, […]

  • Good Times on the Horizon

    The hospitality industry is strong and the economy is improving. According to R. Mark Woodworth in Trends In the Hotel Industry USA Edition 2013, by PKF, “…as a result of the continued improvement to lodging industry fundamentals, 2014 should ‘certainly’ be an outstanding year!” Demand growth is projected above average through 2015 and ADR and […]

  • Simplifying the Complex

    Procure-to-Pay or P2P systems can be a daunting topic. When you have worked daily with many large enterprise businesses, you understand the complexity of doing business and why it is essential to utilize P2P systems in today’s world, especially for the hospitality industry. First, let’s define P2P. A procure-to-pay system is a fully integrated and […]

  • BirchStreet Best Practices: How to Select the Best P2P System

    In previous posts I’ve discussed what constitutes a procure-to-pay (P2P) system, why it’s so important and the many benefits to be expected.  But how does a hotel or other entity go about selecting the best P2P system for their needs? When considering P2P, organizations must first assess their current processes, taking into consideration what works […]

  • New Spend Intelligence Toolset and Dashboard

    Announcing BirchStreet’s new Spend Intelligence Toolset and Interactive Dashboard.  Built on the same powerful architecture as the BirchStreet applications, this new offering is a perfect complement to our Procure-To-Pay platform.  It’s designed to provide regional or global enterprises instant insight into organizational spend to help find more opportunities to save. Dashboards, Graphs and New Reports The toolset includes a […]

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