We are living in the 21st century, in a world of ones and zeros, a world where global connectivity at light speed keeps everyone connected, and with the Internet of Things powered by 5G, we are entering a new dimension of digital connectivity. This has transformed every industry and, in this article, we take a close look at how digital advancements are refining the hospitality sector.
Cloud-based solutions
The leading provider of ‘procure to pay’ cloud-based solutions can be found at https://www.futurelog.com/ where a team of software developers is ready to tailor the product to suit your business. The procurement process brings many challenges and cutting-edge software connects you with your suppliers on a secure network. You can order everything from a single interface, with secure digital payment gateways for invoicing and payment, streamlining your processes, plus you can set notifications, so you never run out of anything.
Invoice transparency
All invoicing is managed by software, with automated solutions that are scalable, a single mouse click brings up any supplier on your user-friendly interface, which is fully customizable. You don’t need any other platform to communicate and work with your suppliers; real-time communication and secure payment gateways keep your invoicing simple and manageable.
Inventory management
Managing your inventory can be a major drain on your resources; using the best procurement-to-pay (P2P) software gives you a reliable, real-time look at all stock items. You can set alerts on all ingredients and automate ordering, with many other powerful features such as recipe creation and accurate costing automation that take the hard work out of procurement.
Real-time pricing
You can’t get any better than a secure procurement platform with real-time pricing; you can make decisions quickly, with ingredient calculation. Using a single platform, you can manage all procurement without double handling. Click here for tips on moving house.
Recipe creation & management
You can create recipes and share them with stakeholders and real-time ingredient costing keeps you informed every step of the way. If you have other branches, they can connect to your network and share recipes using your cloud-based network.
Contract management
All vendors are accessible at the click of a mouse and you can set up notifications to alert you about contract expiration. This is one aspect of your business you no longer have to worry about and new contract design templates are always available for new partnerships.
No hardware installation
Your existing infrastructure can facilitate a state-of-the-art P2P software package and, in a few hours, everything is set up and configured, ready for your data. If you would like to learn more about P2P solutions, search online for a leading Australian software developer and let the professionals transform your business.
International solutions
Wherever you might be in the world, the leading P2P software developer will have a presence and when you make contact, they would send a technician to your place of work and demonstrate the product, while highlighting the benefits and powerful features. Managing a boutique hotel, restaurant, or coffee shop is so much easier when you have the right software, which boosts efficiency and ensures that you are always on point with your inventory and procurement.