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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Folio is an all-in-one procure-to-pay solution designed specifically for hospitality teams, requiring no prior training and streamlining ordering, invoice management, and supplier payments within a unified interface. Users can quickly place orders through Folio Buy, accessing a curated list of approved vendors via a sleek, user-friendly dashboard. The Folio Bills feature harnesses AI to automate invoice processing, ensuring accurate data capture, matching invoices to purchase orders, managing approval workflows, and highlighting discrepancies, which can save teams as much as 40 hours each week. Additionally, Folio Pay integrates invoices, orders, and payments, facilitating rapid and secure bill settlement while incorporating rebates directly into the platform. There is no necessity for third-party portals or self-managed systems, as suppliers and product catalogs are automatically populated during the import process. Furthermore, the onboarding process is highly efficient, enabling connections with suppliers, the setup of approval workflows, budget imports, and team member invitations to be completed in mere days rather than months, thus significantly enhancing operational efficiency.

Description

Our innovative collaborative platform offers cloud-driven transparency for businesses, their suppliers, and customers, enhancing both workflow and visibility. With the expertise of our dedicated team, we ensure precise calculation of rebates and deals, efficient journal creation, and effective claim submissions while uncovering insights and opportunities that can boost revenue. We assist in managing supplier rebates through our advanced big data capabilities and extensive rules that automate all varieties of deals, creating value for suppliers in retail and wholesale sectors. Daily data transfers maintain up-to-date information, and we provide a single sign-on feature for user convenience. Additionally, we tailor your ERP journals to ensure a smooth and integrated interface, ultimately streamlining your operations even further. Our commitment to enhancing your business processes sets us apart in the marketplace.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Folio

Founded

2023

Country

United States

Website

folio.co

Vendor Details

Company Name

Profectus Group

Founded

2001

Country

Australia

Website

www.profectusgroup.com/rebate-deal-management-technology/supplier-rebate-deal-management-technology/

Product Features

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Product Features

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Alternatives

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