Adaco to Unveil Procure-to-Pay Addition at HITEC 2013

  • Adaco, Inc.
  • 05.29.13
Adaco, a inventory, procurement and menu engineering company, is launching its Procure-to-Pay at HITEC 2013.

Adaco to Launch 'Procure-to-Pay' for Adaco.Net at HITEC 2013

Adaco, a leader in cloud-based solutions for hospitality procurement, inventory and menu engineering, is unveiling a major addition to its Adaco.NET integrated purchasing and operational control system at HITEC, June 24 to 27 at the Minneapolis (Minn.) Convention Center in booth #309. 

Introducing Procure-to-Pay, designed to give current and potential customers electronic integration with vendors. This well-proven solution operates on a low-cost software-as-a-service (SaaS) platform, features integration with Addaco.Net, and has a vendor portal to allow full electronic integration.

With a 27 year history, Adaco has an excellent reputation in the hotel sector as a global provider of purchasing and operation control solutions, with Adaco .NET software currently processing more than $5 billion worth of purchasing annually. Acquired in 2012 by Fourth, a London-based provider of labor, payroll, inventory and procurement systems (including Procure-to-Pay), Adaco has significantly increased its international footprint with solutions now in 54 countries, including North and South America, Europe and the Middle East.  Adaco now serves as the operating base for Fourth USA.

“Procure-to-Pay is a priority for our clients," said Steve Mansfield, Adaco chief sales officer. "This is the most recent example of the investment Fourth has made in additional people, product and internal management systems. The launch of Procure-to-Pay is very exciting; in addition to its integration with Adaco.Net, it supports automated catalogue, ordering, messaging and invoice management. The system provides a significant return on investment, from much improved compliance and vendor management to a reduction in data management and manual checking tasks. In addition, Procure-to-Pay integrates with the recently announced Adaco Analytics solution to allow full visibility as required at property and corporate level.”

Procure-to-Pay comes with the Adaco Analytics data feed built in, and when combined can bring meaningful data presented in key performance indicator reports and dashboards. Hoteliers can customize views and distribute information upon request. Compliance, product comparisons and full-spend analysis by vendor are just some of the views available.

To see Procure-to-Pay at HITEC, pre-schedule an appointment by calling Steve Mansfield at (203) 838-3700 x7506.  For more information on Adaco, e-mail info@adaco.com or visit http://www.adaco.com.




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