News for the Hospitality Executive
Norwalk, CT — May 28, 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 firstname.lastname@example.org or visit http://www.adaco.com.
Adaco is the global leader in purchasing and operation control solution for hospitality industry. With over 400 customers its products are used in 54 countries by the world’s leading hotel groups including Marriott, Starwood, Loews, Wyndham, Ritz Carlton and Jumeirah. Recent customer wins include Saraova Hotels, Shangri La, The Dorchester and Hotel Du Vin/Malmaison.
Fourth employs 200 people, with offices in London and Cheshire and is the leading provider of completely integrated cloud-based solutions for the hospitality industry in the world. Its solutions are used by the hospitality sector at 13,250 sites in 22 countries. It has 651 customers including: restaurant groups Gondola, Tragus, Carluccio’s and Jamie’s Italian; fast-food groups Krispy Kreme and Subway; pub groups Spirit, Fuller’s, Marston’s and Stonegate; hotel groups Intercontinental Hotel Group, Hilton and Starwood, and leisure customers such as Center Parcs and Merlin, plus catering organisations such as SSP, Sodexho, MITIE and Aramark.
more information, contact:
Fourth / Adaco
Tel: (203) 838-3700 x7506
to Launch 'Analytics' for Adaco.Net at HITEC 2013; The global provider
of SaaS-based procurement solutions is unveiling a new hospitality
product that provides hoteliers with a three-dimensional view of their
data and an unprecedented return on investment; Visit Adaco in Booth 309
/ May 2013