BirchStreet Systems Announces Availability Of Its New Einventory Module And New Financial Control FeaturesNewport Beach, Calif., July 25, 2005 – BirchStreet Systems, Inc., a leading provider of eProcurement solutions to the hospitality industry, announced today the immediate availability of its new eInventory Module and several new financial control features.
BirchStreet’s eInventory Module simplifies the tracking, costing and requisitioning of storeroom or retail outlet inventory. Coupled with BirchStreet’s eProcurement and financial control features, eInventory tracks true food cost, cost-by-outlet and instantly compares actual costs to date against the budget. eInventory can also assist public companies as they address compliance to the Sarbanes Oxley Act.
Like the BirchStreet eProcurement system, eInventory is available as a hosted solution accessed over the Internet via the browser. eInventory is available to new and existing eProcurement customers as an optional module for an additional reasonable monthly fee.
“By leveraging our existing e-commerce supplier interfaces the module can eliminate much of the work normally required to setup and maintain traditional stand-alone inventory systems. eInventory’s tight integration with our eProcurement system provides tremendous efficiencies, lowers maintenance requirements and improves financial controls.” said Doug Sanborn, President and CTO.
With the addition of an inventory system, BirchStreet provides a comprehensive back office solution for cost conscious management companies, brand owners, large and small ownership groups and independent resorts.
BirchStreet Systems is a leading provider of eProcurement and related management applications to hospitality and restaurant companies. BirchStreet’s suite of integrated web-based applications is designed to help organizations leverage their collective buying power, tighten financial controls and improve automation and efficiency. Customers include Hilton Hotels, Inc. and Interstate Hotels and Resorts. For more information, visitwww.birchstreet.net or send an email to firstname.lastname@example.org.