Newport Beach, Calif., May 08, 2007 – BirchStreet Systems today announced that Innkeepers Hospitality has selected the BirchStreet Application Suite to automate purchasing and accounts payable (AP) processing. Innkeepers Hospitality, a national hotel management company with an established reputation and expertise in managing upscale extended stay, select service and full service properties, will implement BirchStreet’s eProcurement and AP Matching solution this summer.
The BirchStreet solution will help InnKeepers centralize and streamline AP processing for its 74 limited service properties. The solution leverages purchase orders generated from the BirchStreet e-procurement system and electronic invoices received through BirchStreet’s supplier interfaces. BirchStreet’s AP processing module will perform automated AP matching based on InnKeepers specific business rules. The resulting approved payments will be transmitted into the accounting system while exceptions will be routed for further disposition.
“We are excited to be working with Innkeepers Hospitality,” said Doug Sanborn, BirchStreet’s president and CEO. “This project gives us an opportunity to leverage the combined strengths of our eProcurement system, our supplier interfaces, and our AP automation functions to deliver a seamless solution that will enhance the productivity of InnKeeper’s shared services department and purchasing operations.”
BirchStreet’s delivers its solution over the Internet, using the “Software as a Service” (SaaS) model, which reduces the total cost of ownership compared with the traditional method of buying and maintaining enterprise software. BirchStreet delivers its on demand eProcurement and back office solutions to some of the world’s leading hospitality companies, including Hilton Hotels Corporation, Marriott International, Interstate Hotels and Resorts, Carlson Hospitality and The Marcus Corporation.
Over 1,000 hotels use the Company’s full-featured, full-service procure-to-pay solutions combining flexibility, reliability and scalability with the operating advantages of an outsourced service. Multi-lingual and multi-currency capable, BirchStreet’s solutions provide “best of the web” capabilities to mid-tier and global hospitality companies. BirchStreet allows customers to reduce the risk, complexity and cost associated with large-scale procurement and back-office solutions, while empowering business users and delivering unprecedented ROI.
The application suite leverages BirchStreet’s network of over 30,000 industry suppliers and includes eProcurement and RFQ; budget tracking and workflow; recipe management and menu engineering; inventory and receiving; AP automation; and capital projects.
Headquartered in Newport Beach California, the Company is managed by a team of hospitality and enterprise software veterans. For more information, visit www.BirchStreetSystems.com.