New Itinerary: How Invoice-to-Pay Platforms Are Transforming Hospitality
Manual accounts payable (AP) processes are emerging as a significant pain point for the hospitality sector. In an industry known for its high transaction volumes, ranging from housekeeping supplies to food services, finance teams are inundated by a relentless stream of invoices and payment reconciliations each month. In such a setting, a reliance on manual processes introduces significant risk. Delayed approvals, costly errors, fraud and supply chain disruptions are just some of the hazards that can ultimately erode guest experience.