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PurchasePlus has been recognized by APAC CIOOutlook Magazine as the recipient of “Top Travel and Hospitality Solutions Companies,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the APAC CIOOutlook research and editorial team based on insights from an interview with Malcolm Jull.

PurchasePlus
Enabling a ‘Purchase-with-Purpose’ Power for Hospitality Enterprises

PurchasePlus

CEO,Malcolm Jull, PurchasePlusMalcolm Jull, CEO
The procurement process with hospitality businesses usually involves collecting relevant purchasing information from multiple sources using purchase orders, service agreements, contracts, and approvals delivered via direct mailing or email. However, this approach brings inherent inconsistency, inaccuracy, and latency, interrupting decision-making and hindering hoteliers from making timely and data-driven purchases.

An expert in the travel, leisure, and hospitality arenas, PurchasePlus addresses this challenge with its ability to deliver timely information, end-to-end visibility, and immediate data validation across entire business operations. PurchasePlus helps achieve this feat, combining robotic automation and centralized data management to support clients in establishing a procurement process devoid of traditional, manual, or paper-intensive business processes. PurchasePlus has built-in ‘purchase-with-purpose’ procurement functionalities that streamline the standardization of disparate business datasets and enable consistent compliance visibility, quickly increasing a hotel’s productivity and revenue.

PurchasePlus offers a paperless invoicing process based on spend (suppliers, contract and live pricing) and brand compliance. Through paperless invoicing, PurchasePlus provides a sustainable and time-saving solution capable of rapidly consolidating information to boost the efficiencies of accounts payable-related tasks. PurchasePlus eliminates the manual and time-consuming matching and approval process by automatically correlating invoices to purchase orders, goods received information and the supplier invoice to complete the three-way match.
PurchasePlus replaces the manual process of sorting invoices with real-time visibility and a swift operating process that saves up to 75 percent more time. The solution also improves labor efficiency by optimizing conventionally labor-intensive tasks with highly organized purchasing operations.

“Our innovative PurchasePlus software minimizes the involvement of middlemen in the purchasing process and delivers information to the business’ revenue officer in a way that drives desired ROI in less than six weeks,” says Malcolm Jull, CEO of PurchasePlus.

From a people-centric perspective, PurchasePlus helps maintain the personal connection built between a business, its customers, and suppliers while providing an efficient and accurate administrative purchasing process. It ensures the orders, numbers, addresses, and quantities are accurately consolidated to help businesses focus on developing impactful products that grow their market share.

Six months ago, PurchasePlus deployed a new functionality to skillfully surpass the time-consuming stocktake process for a client’s purchasing requirement. It implemented a mobile application that gathered all stock information and upgraded the accuracy from 60 to 99 percent by lowering error rates and eliminating the need for performing multiple stocktakes. PurchasePlus significantly reduced the time to run stocktakes and enabled the client to establish a robust purchasing process.

Our innovative PurchasePlus software minimizes the involvement of manual work in the purchasing process and delivers information to the business’ revenue officer in a way that drives desired ROI in less than six weeks

In another client success story, PurchasePlus assisted a global hotel brand in resolving invoicing issues across its entire hotel group. They had to align their invoices with corporate and head office regulations, general ledger codes, other departments, and fragmented teams before making a final purchasing decision. PurchasePlus replaced this cumbersome 15-day process with an approach that completed the purchasing processes within two days using minimal effort, enhancing the hotel chain’s customer gratification and revenue growth.

These successes perfectly showcase the role PurchasePlus plays in delivering intuitive engagements where customer relationships are prioritized over administrative paperwork to achieve a smooth operational flow and optimum guest experience. Above all, it sets a standard for businesses to thrive in the hospitality industry by inducing business purchasing that fits right in the target market.

PurchasePlus continues progress toward its vision of bridging administrative and customer-facing facets of hospitality businesses through a highly adaptable and automated solution. Moving forward, PurchasePlus will be equipped with additional features to boost its clientele in carving unique niches in the rapidly evolving global hospitality arena.
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Company
PurchasePlus

Headquarters
Sydney, Australia

Management
Malcolm Jull, CEO

Description
The PurchasePlus solution facilitates paperless invoice automation, implement cost controls and streamline purchasing for businesses in the travel, leisure and hospitality industries. Simply put, it saves on time and money by providing automated data management for connecting hospitality buyers and suppliers.

2022

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