Craftable Expands into Hotel Operations with Innovative Solutions
Craftable, a company based in Dallas, is making waves in the hospitality sector by leveraging its extensive experience in restaurant technology to enhance hotel operations. With over a decade of achievement in this field, Craftable aims to tackle operational inefficiencies in hotels head-on.
The New Procure-to-Pay and Business Intelligence Solution
Recently, Craftable has announced the launch of its new Procure-to-Pay (P2P) and Business Intelligence (BI) solution designed specifically for the hotel industry. This expansion will be unveiled at an upcoming hospitality technology event, marking a significant step in the evolution of hotel management.
This state-of-the-art platform is expected to streamline operations for hotel and resort operators, much like it has successfully done for over 80,000 restaurant operators. Craftable’s platform processes over 4 million invoices annually that amount to more than $5 billion in purchasing. By integrating various operational aspects—such as food and beverage, supplies, and back office functions—Craftable's solution promises seamless workflows, enabling better budgeting and improved compliance.
Impact on Hotel Operations
According to Sam Zats, the Co-Founder and CEO of Craftable, the company has proven its effectiveness in the food and beverage sector of hotels. Now, they are expanding their reach to include all departments, focusing on e-procurement, spending management, inventory control, and automated payments. Craftable aims to simplify hotel operations by providing a unified platform, reducing the need for multiple separate solutions.
By partnering with major groups and vendors within the hospitality industry, Craftable is addressing the challenges brought about by fragmented technology. The goal is to streamline the tech landscape that operators face.
What Industry Leaders Are Saying
Andrew Arthurs, the President and Chief Operating Officer at Actabl, notes the benefits that Craftable provides: “Craftable brings a whole new level of operational excellence to our customers by enabling them to seamlessly track, count, and manage their inventory. When that complete, real-time data flows into other systems, powerful insights are unlocked, helping operators boost profitability and enhance team engagement.”
Similarly, Jesse Messitte from Avendra International emphasizes the importance of efficiency and high standards within operations, stating that Craftable's platform integrates purchasing, budgets, and invoice workflows into a cohesive solution, thus ensuring that operational standards remain high.
Pyramid Global Hospitality, an entity that focuses on hotel management, has also shared its positive experiences with Craftable's solution. Isaac Hicks, COO, mentions that partnering with Craftable has led to significant operational enhancements for their teams, particularly due to automated processes that bring clarity to vendor relationships across their extensive network.
Elevating the Hospitality Industry
Craftable aims to deliver revolutionary changes in how hotels operate. With tools that are easy for all team members—from chefs to financial officers—to navigate, the platform is designed to enable immediate control and visibility across various departments.
This new venture into hotel operations is expected to reshape the way businesses function within this industry, promoting stronger compliance and faster decision-making processes, creating a more integrated approach to managing resources efficiently.
About Craftable
As a leading cloud-based hospitality management solution, Craftable specializes in helping hotels, restaurants, resorts, bars, and other venues maximize profitability through streamlined processes. With a robust suite of AI-driven automation tools, Craftable integrates purchasing, finance, and operational facets, providing real-time insights crucial for informed decision-making.
Founded in 2015, Craftable has gained significant traction, boasting over 60 live POS integrations and connections to 5,000 suppliers. The platform is responsible for processing billions in transaction volume annually while enabling clients to save over $2 billion each year.
Frequently Asked Questions
What is Craftable's focus in the hospitality industry?
Craftable focuses on enhancing operational efficiency in hotels through innovative Procure-to-Pay (P2P) and Business Intelligence solutions.
How does Craftable help streamline hotel operations?
Craftable provides a unified platform that integrates various operational tasks, improving budgeting, compliance, and decision-making processes across departments.
What kind of clients does Craftable serve?
Craftable serves a range of clients including hotels, restaurants, and resorts, and has partnered with significant hospitality leaders.
When will Craftable launch its new solutions for hotels?
The new solutions will be showcased at an upcoming hospitality technology event.
What are the benefits of using Craftable's platform?
Benefits include reduced operational complexities, enhanced compliance, real-time insights, and improved team engagement throughout the organization.
