Basware Solutions for the Hospitality, Food & Beverage Industry
Accounts Payable Automation solutions that make it all happen for the Hospitality, Food & Beverage Industry
Accounts payable processes for Hospitality and Food businesses are complex, with many suppliers and locations to manage. As a result, an efficient supply chain is vital, meaning the processing of invoices and other documents must be processed quickly and accurately.
With our AP Automation solutions, businesses in the Hospitality and Food sector can eliminate repetitive and time-consuming manual processes, instantly connect with suppliers and other stakeholders, and gain full visibility throughout the invoice lifecycle.
The benefits of AP Automation for the Hospitality, Food & Beverage sector
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Capture every invoice with 100% accuracy by connecting all your suppliers with the largest open e-invoicing network.
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Gain critical visibility over spend to contain costs and use funds more strategically.
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Automatically match invoices to purchase orders, good receipts and contracts to achieve touchless invoice processing.
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Ensure global VAT compliance and comply with global invoicing regulations.
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Keep up with changing regulations by relying on our local expertise in countless global markets.
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Automate non-PO invoices using custom spend plans, AI coding, and better approval workflow.
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Seamlessly integrate all your ERPs and other financial systems, no matter how many you use.
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Develop a robust AP strategy with experts who know how to get a greater and faster ROI with an AP-first approach.
What can you achieve with Basware when True Automation happens?
89%
Touchless processing
99.7%
Electronic invoicing
85%
Paid on time
Bilderberg Case Study
Bilderberg has 18 hotels situated across the Netherlands, each offering a unique and remarkable experience. The company’s suppliers submitted around 40,000 invoices each year.
Each invoice was sent to the hotel that placed the order and was manually entered into SAP. As part of a corporate reorganisation, the company decided that to achieve greater efficiency, they needed to automate their invoicing process.
Read how Bilderberg achieved significant cost reductions and efficiency gains with Basware.
Basware Solutions for the Hospitality sector
Contact us to see how our AP Automation Solutions can make it all just happen for your hospitality, food and beverage business.
Why customers work with Basware to make automation happen
True Automation
Cutting-edge technology powered by AI & ML that eliminates all manual processes
Complete Coverage
Global compliance capabilities and the ability to integrate with 250 ERPs across more than 190 countries
Deeper Expertise
40 years of specialized experience implementing best practices and reducing risk across finance operations
FAQs
What other industries do you support with AP Automation?
At Basware, we are proud to deliver an AP Automation solution that's versatile to meet the needs of many industries. We firmly believe that no industry should be left out when it comes to streamlining their accounts payable processes, which is exactly what companies achieve with our solution.
Whether you're operating in the biopharma, construction, consumer goods, education, energy and utilities, financial services, healthcare, hospitality, manufacturing, oil and gas, real estate, retail and ecommerce, or transportation and logistics industry, rest assured, we've got you covered.
Each of these industries has unique needs and challenges, and our solutions are tailored to meet those specific demands. To see how we serve your industry, visit our industry-specific pages and explore how we can make a difference in your accounts payable operations.