News for the Hospitality Executive
Norwalk, CT — May 21, 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 Analytics, designed to give current and potential customers a three-dimensional view of their data. The out-of-the-box solution operates on a low-cost software-as-a-service (SaaS) platform and features preconfigured key performance indicator reports and dashboards designed from expertise and customer feedback.
With a 27 year history, Adaco has an excellent reputation in the hotel sector as a global provider of purchasing and operation control solution, 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, 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.
“It’s a very exciting time for Adaco," said Steve Mansfield, Adaco chief sales officer. "Business has been growing considerably since the acquisition by Fourth in North America and beyond and to date, Fourth has made a significant investment in additional people, product and internal management systems. The launch of Analytics is very exciting; it marks the first of a number of strategic research and development projects that will deliver a real step change for customers and potential customers in return on investment. Analytics is all about immediacy of data provided in a way that supports good business decisions in the timeframe needed to be successful. We look forward to meeting customers over the coming weeks.”
Analytics comes with the Adaco data feed built in, and brings meaningful data presented in key performance indicator reports and dashboards. Hoteliers can customize views and distribute information upon request. Compliance, inventory metrics, product comparisons and full-spend analysis by vendor are just some of the views available.
To see Analytics at HITEC, pre-schedule an appointment by calling Steve Mansfield at (203) 838-3700 x7506. For more information on Adaco, visit 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