| Birch Street Takes Purchasing Intelligence to New Level
Newport Beach, CA – June 02, 2008 – Birch Street Systems, a leading provider of hosted hospitality management software solutions, today announced that it has achieved a record number of registered users. This marks a significant milestone, and confirms that hospitality organizations of all sizes are embracing automated procure-to-pay services as a key initiative and competitive differentiator.
Birch Street’s portfolio of solutions are accessed worldwide by more than 20,000 registered users, processing an average of 1,250,000 online transactions, totaling more than $1 billion in spend a year with more than 53,000 suppliers. Birch Street customers represent a cross-section of the industry and range from the largest multi-national hospitality organizations to regional management companies, owners and single properties.
For brand holders, management companies, owners and single properties, technology holds a lot of opportunity to significantly lower costs, obtain better pricing and improve productivity. However, without the proper automation and measurement solutions in place, firms run the risk of not having that comprehensive, predictable view of corporate spend, which can lead to a loss of control. Birch Street’s technology solutions empower hospitality organizations by providing services that automate the procure-to-pay-cycle leading to improved profitability and very short payback periods.
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