• How Hotel Management Companies Can Gain a Competitive Advantage

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    How Hotel Management Companies Can Gain a Competitive Advantage Hotel management companies work in a highly competitive environment. As with many industries, technology allows businesses to compete on a regional to international level. Attracting new customers, retaining existing ones and increasing profits are crucial in today’s business world. So, how does your hotel management company […]

  • The ROI of eInvoicing

    The hospitality industry is seeing a trend that multi-unit operators or management companies are expanding automation of the AP process. BirchStreet focuses on the entire procure-to-pay automation process, but within this process, automating invoicing (eInvoicing) is rapidly changing and growing. The main reasons for companies to automate invoicing stem from the need to save money […]

  • Building Strategy Through Procure-to-Pay Processes

    In today’s modern age of technology, automating procurement and procure-to-pay (P2P) processes are considered a strategic move for almost all mid- to large-size companies. It is more than simply automating manual processes, such as faxing a purchase order to a supplier. P2P processes offer complete connectivity and real-time pricing with suppliers on all of their […]

  • Compliance Opportunities Increase your Procure-to-Pay ROI

    As we’ve discussed procure-to-pay (P2P) ROI in previous blogs, the aspect of compliance – both internally and with suppliers – will greatly benefit your business, along with operational process improvements. Automating P2P provides clients with the tools to improve operational compliance, at the location level, as well as to corporate standard operating processes (SOPs). The […]

  • Discover BirchStreet Procure-to-Pay Modules ROI

    In a previous blog, we discussed the general expected ROI by automating a procure-to-pay (P2P) solution. Today’s blog captures the details of how each BirchStreet module impacts a company’s bottom line as well as the intangible benefits. The major drivers of the cost reductions, by module are listed below: eProcurement Compliant approval workflow and reporting […]

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