NEWPORT BEACH, California – BirchStreet Systems, the market leader in procure-to-pay software for the hospitality industry, announces it has partnered with Highgate, a leading real estate investment and hospitality management company. Through this new partnership, BirchStreet will deliver its state-of-the-art payment solution to 160 Highgate hotels worldwide.
“BirchStreet’s domain expertise in both payments and hospitality procurement gave us the confidence to select them as our partner to help streamline and automate our payment processes,” said Joseph Klam, Chief Accounting Officer at Highgate. “The ease of use and fast deployment timeline of BirchStreet Pay means our properties can quickly standardize on the platform and increase their efficiency through the use of best-in-class tools and processes.”
BirchStreet Pay is an integrated payments platform that allows operators and finance teams to pay vendors by check, automated clearing house, and virtual card at the press of a button. Instead of doing a check run, companies simply transmit a payment batch file to BirchStreet. At that point, BirchStreet executes the batch on their behalf, using the most efficient payment method for their suppliers. With BirchStreet Pay, companies have transformed from 95% manual check to 70%+ digital payments in a matter of months, while enjoying significant cash rebates from the use of vCards.
“We are proud to partner with Highgate on transforming their payment process,” said Steve Markle, CEO at BirchStreet Systems. “Since we launched BirchStreet Pay in 2018, it has become a core component of our offering and further differentiates us as the leader in procure-to-pay for the hospitality industry. Particularly at a time when resources are constrained and costs are under a microscope, automating payments is a surefire way to lower costs, give people time back in their day, and produce a new revenue stream for our customers.”