Transforming Accounts Payable Through Automation: Challenges, Benefits, and the Power of Data
Managing accounts payable (AP) workflows is often a time-consuming, complex juggling act for hospitality organizations. However, automation is revolutionizing the way businesses approach this function, bringing greater efficiency, enhanced visibility, and opportunities for smarter financial management. But it’s not without its challenges. Through insights shared by industry veterans Bill Ennis, Director of Accounting – Global […]
The Revolutionary Impact of AI and Predictive Purchasing on Hospitality and Procurement
It’s been said that disruption fuels innovation, and if there’s one technology flipping the switch harder than anyone expected, it’s artificial intelligence (AI). From our homes to the boardrooms of massive industries, AI isn’t just knocking on the door – it’s storming in, and predictive purchasing might be its golden ticket. During an insightful discussion […]
Unlocking the Real Value of BirchStreet in Hospitality
When it comes to the hospitality industry, value isn’t just a buzzword; it’s the heart of every decision made – whether for a guest checking into a boutique hotel, a procurement officer selecting vendors, or finance teams crunching numbers. That’s why BirchStreet Systems, a leading procure-to-pay (P2P) platform, has become such a crucial part of […]
In the ever-evolving hospitality industry, payment optimization plays a vital role in managing vendor relationships, increasing revenue, and creating efficiencies in operations. Here’s a look at some key trends to take you in 2025, focusing on governance, efficiency, and best practices in the sector. Payment Optimization in Action Money talks. Financial efficiency is crucial at […]
Sustainability Insights from Key Hospitality Experts
Recently, Birchstreet sat down with some key customers, educators, and thought leaders in the hospitality space to discuss key trends in sustainability. Valerie Layman, Chief Product Officer at BirchStreet, praised the speakers, “I’ve spent some time talking to this panel before this meeting. This is a very passionate group on sustainability, and not only are […]
Strategies Vital to Transforming the Hospitality Industry
The evolving dynamics of the hospitality industry played a large part during a discussion led by BirchStreet, aimed to unravel future trends, addressing significant changes in the sector, particularly post-pandemic. The discourse was centered around forward-thinking strategies, which are vital as the industry transforms sustainability, guest profiling, and the broader operational landscape. Panelists: Digital transformation […]
The Importance of Secure Space Solutions
In today’s digital landscape, organizations are increasingly turning to secure space solutions to safeguard their operations. During a recent fireside chat, industry experts gathered to discuss reasons to use a secure space solution. The session brought together top industry leaders from Hilton, Marriott, and Sircle to share their experiences and offer insights into the value […]
Unveiling the Future of Hospitality Procurement: Key Insights from BirchStreet Systems’ Latest Survey
The hospitality industry is constantly evolving, and staying ahead of the curve requires not only adapting to change but anticipating it. BirchStreet Systems’ ProPulse survey conducted in Spring 2024 shines a spotlight on the current state of hospitality procurement systems and solutions, offering invaluable insights into the trends shaping the industry. Here, we summarize the […]
Looking Ahead: Key Features for Future Property Management
When it comes to modern hotel management, staying ahead of the curve has never been more critical. According to findings from BirchStreet’s recent survey, around 50% of respondents are planning to switch Procure-to-Pay providers shortly or are on the fence about it, reflecting an opportunity for the right solution to grow their business. And the […]
Building Stronger Partnerships Through Improved Loyalty Programs
Fostering strong partnerships is more critical than ever in today’s hotel management sector. At BirchStreet Systems, we believe loyalty is the backbone of any successful relationship, and the findings from our recent survey provide a roadmap for enhancing partner loyalty. By focusing on cost savings, simplifying operations, and leveraging advanced data insights and digital tools, […]