Cloud-Native Procurement Software for Hotels

Manage the supplier and purchasing processes of your property efficiently with a cloud procurement solution. FX Central Procurement helps you navigate effectively amidst supply chain disruptions, manage associated risks, ensure ethical sourcing, make informed decisions about future purchases, and easily scale procurement operations as your business grows.

What is cloud procurement software?

Cloud procurement software is a digital solution hosted on the cloud that allows organisations to manage their procurement processes online. It enables purchasing, vendor management, contract management, and other procurement activities from any location with internet access.

Features

Configuration and Management

Define procurement parameters and separators for streamlined operations. Create and manage stores and define item groups and codes—for food, liquor and more.

Oversee Stock Reorders

Track the last trade rates of items from specific vendors, including store items or currency. Set minimum and maximum stock levels, reorder points, and automate reorder requests.

Authorisation and Control

With FX Central Procurement, you can define approval levels and authorisation rules for various operations, ensuring secure and controlled access.

Activity Log

Our intuitive hotel procurement solution helps maintain a detailed log of all procurement activities, thereby increasing transparency and accountability.

Purchase Requisition and Order

Create and manage purchase requisitions and orders. Convert requisitions to purchase orders directly or create direct purchase orders.

Supplier Contract List

Use our vendor rating system to identify the best offers and manage contracts within your properties, including item rates and the latest pricing information.

Invite Quotation List

Send requests for quotations to multiple vendors. Manage vendor quotations on one system, allowing for easy comparison, analysis and informed decision-making. Benefits

Benefits

Centralised control

Manage all procurement activities from a single unit, oversee procurement of multiple properties, and easily migrate data from each property. Data can also be migrated from FortuneNext 7.0, and third-party solutions integrated with FX Central Procurement.

Efficiency and accuracy

Digitise and streamline procurement processes with FX Central Procurement to significantly reduce manual effort and minimise errors. This ensures consistent and controlled procurement operations across multiple properties, enhancing overall efficiency and accuracy.

Cost saving and optimisation

Our cloud procurement solution optimises stock levels and facilitates vendor analysis to identify the best deals and optimise procurement costs. Allow your decision makers to access detailed reports and analyse data to make informed procurement decisions, further enhancing cost-saving opportunities.

Improved compliance

Define and enforce authorisation rules and access rights to ensure compliance with organisational policies and regulatory standards. With robust authorisation rules, you can enhance security by controlling access to system data and activities, reducing the risk of unauthorised actions.