The Peninsula Paris Selects BirchStreet’s Procure-to-Pay Solution
Newport Beach, CA – February 6, 2014 – BirchStreet Systems is proud to announce that The Peninsula Hotels (HSH) brand has selected BirchStreet to provide its full procure-to-pay solution for its upcoming opening of The Peninsula Paris. This will be the fourth property using BirchStreet within the luxury brand’s portfolio. The Peninsula Paris is slated to open in August 2014 in its exclusive neighborhood located on Avenue Kléber, just off the Arc de Triomphe on the prestigious Champs Élysées.
The historic building with its elegant Beaux-Arts architectural style, is currently under construction as the hotel was originally built in 1908 as The Majestic Hotel. More recently, it was converted to government use as the International Conference Center and was the site of the Paris Peace Accords signing in 1973. In 2008, the French government sold the building. The transformation of this hotel has been complicated due to historic reservation considerations and improvements to the facilities for its customers.
The Peninsula Paris will offer 200 rooms and suites, with many luxury amenities, including a spa, pool, valet, fitness center, boutiques and more. Six food and beverage outlets will be available to guests, including the signature Peninsula Lobby, an outdoor terrace, a Bar, a Chinese restaurant with private dining, a Cigar Lounge and a Rooftop Restaurant and Bar with a rooftop terrace. With such a range of high-end services and offerings, the hotel selected BirchStreet’s full range of procure-to-pay (P2P) options with eProcurement, AP Automation, Inventory Control and Recipe Management System modules.
Through a highly competitive selection process, The Peninsula Hotels found that BirchStreet’s technology platform, depth of industry knowledge and hands-on experience with The Peninsula Beverly Hills, The Peninsula Chicago and The Peninsula New York, was clearly the best solution. In fact, The Peninsula Beverly Hills and The Peninsula Hong Kong were both honored in Travel + Leisure’s current World’s Best Awards (August 2013) both taking No. 1 ranking in their respective areas. BirchStreet can’t help but hope that its back-office business improvement processes in Beverly Hills help contribute to overall guest services at the front of the house.
The platform offers tailored automation for procurement and payment functions, with the ability to tie into inventory and recipe management. The Peninsula Paris elected the BirchStreet eProcurement module to connect with 200,000 suppliers, Advance Approvals Workflow to allow for different levels of routing and approval of purchase orders, as well as the Drilldown Checkbook to create line item details and instant business intelligence. In addition, they selected the Accounts Payable (AP) Automation module with three-way auto-matching in order to ensure compliance and proper approvals. The Inventory Control module will also be implemented for automated, efficient and accurate supplies counts and purchasing. Finally, Recipe Management will not only help The Peninsula Paris to have consistent recipes with complete nutritional data, but most important is that food costs will be accurate with up-to-date pricing, which will help control margins with real time data. Each component – separately and together – will provide solutions, clarity and efficiency to benefit The Peninsula Paris and their guests.
BirchStreet looks forward to the The Peninsula Paris opening along with its new level of distinction to Paris’ luxury hotel scene.
About BirchStreet Systems, Inc.
BirchStreet Systems, Inc. provides global enterprises with a complete procure-to-pay business solution deploying a SaaS model using cloud-based technology. BirchStreet software focuses on improving business processes by integrating eProcurement, AP Automation, Inventory Control, Spend Analytics, Recipe Management and Capital Budget Management modules. Thousands of businesses in over 78 countries currently subscribe to BirchStreet to connect and do business with a network of more than 200,000 suppliers. Established in 2002, BirchStreet is privately held and is headquartered in Newport Beach, California with offices in China and India. For more information on BirchStreet Systems, please visit www.BirchStreet.net, check out our blog atwww.BirchStreetBlog.com, become a fan on facebook atwww.facebook.com/birchstreet, follow us on twitter at Twitter.com/BirchStreetSysor follow us on LinkedIn at www.linkedin.com/birchstreet-systems.
Leah McEachern, (949) 567-7081; email@example.com