BirchStreet is proud to announce that Hersha Hospitality Management (HHM) has selected to implement a comprehensive cloud procure-to-pay automation system for all of its 114 locations, including using eProcurement, AP 3-Way Auto-Matching, eInvoicing, Inventory Control, Recipe Management and Capital Projects modules. Combined, the entire solution will increase efficiency, visibility, compliance and profitability. Automating their back-office processes will reduce costs and save time with the elimination of manual practices. HHM will also use BirchStreet’s strategic partner Avendra, the largest supply chain and procurement services company in the hospitality sector, which is tightly integrated with BirchStreet.
HHM identified BirchStreet as the ideal cloud platform with easy access for their users and their suppliers for real-time pricing. They selected the eProcurement module to connect with their preferred suppliers with easy ordering, Punch-outs, Advanced Approval Workflow to allow for different levels of routing and approval of purchase orders, as well as the Checkbook Drilldown to access line item details and instant business intelligence. In addition, they selected the AP 3-Way Auto-Matching module to ensure compliance by matching the purchase orders, receiving documents and invoices.
HHM will use the Recipe Management module will help chefs identify accurate food costs, along with enhancing quality and consistency at all of their properties. Using a POS integration with BirchStreet will guide chefs to create margins and price dishes correctly. BirchStreet reports food nutritional value, allergens and intolerances along with access to both local and enterprise standard recipes and the ability to scale recipes. All inventory items will be better managed with real-time data, par levels, alerts and tracking. The entire platform helps HHM gain insight with reporting and analytics for all procurement activities to easily reduce costs and waste.
BirchStreet is excited to work with HHM to improve and streamline their business processes with a standardized cloud based procure-to-pay automation solution. BirchStreet gives a warm welcome to HHM and looks forward to providing great service, efficiency and a lasting partnership.