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.

Why Basware?
Achievable KPIs
Customer Success
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The benefits of AP Automation for the Hospitality, Food & Beverage sector

Capture every invoice with 100% accuracy by connecting all your suppliers with the largest open e-invoicing network .
Gain critical visibility over spend to contain costs and use funds more strategically.
Automatically match invoices to purchase orders, good receipts and contracts to achieve touchless invoice processing.
Ensure global VAT compliance and comply with global invoicing regulations .

Keep up with changing regulations by relying on our local expertise in countless global markets.
Automate non-PO invoices using custom spend plans, AI coding, and better approval workflow.
Seamlessly integrate all your ERPs and other financial systems, no matter how many you use.
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

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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.

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What does it take to make it all happen?

Intelligent
Automation.

Sophisticated invoice-centric AI, trained on an unrivalled dataset of over 2.2Bn invoices, delivering real ROI.

All Invoices. Everywhere.

One system across the entire invoice lifecycle to consolidate systems, processes and simplify your business.

Full Compliance. Complete Control.

The world’s only end-to-end, dual-sided compliance engine for complete invoice lifecycle management.

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.

What is AP Automation?

Dive into the world of AP automation, where manual tasks are digitized for enhanced efficiency. Discover its mechanics, benefits, and financial considerations, alongside answers to common queries and strategies for stakeholder engagement. Learn more ->

Why choose AP Automation?

As businesses seek efficiency and cost-effectiveness, the transition from manual to automated accounts payable (AP) processes emerges as a pivotal strategy. Delve into the realm of AP automation, unraveling its multifaceted benefits and constructing a compelling business case for its adoption. Learn more ->

What are the AP Automation challenges?

Discover the landscape of AP automation, from its promising benefits to the hurdles it may present. Explore our guide to uncover insights and strategies for successful implementation and optimization.

What is the AP Automation adoption and implementation process?

Explore the practicalities of adopting and implementing AP automation, from understanding the process flow to developing a comprehensive project plan. Gain insights into key steps and considerations, accompanied by answers to frequently asked questions for a well-informed approach. Learn more ->

What is an Accounts Payable audit?

Check out our comprehensive Accounts Payable Internal Audit Checklist, covering everything you need to know about auditing your AP operations. From fraud detection to compliance assurance, this guide explores the importance of AP audits and internal controls, offering practical insights to streamline operations and enhance efficiency.