BirchStreet Systems, a cloud based procure-to-pay technology provider for the hospitality industry, said it acquired AccuBar, a cloud-based mobile-enabled beverage inventory software solution provider. Their combination will offer both companies' customers access to a broader set of options and functionality, which will enhance their customers profitability and efficiency.
AccuBar’s customers will now have access to an end-to-end solution from inventory to automatic ordering and replenishment. The patented AccuBar beverage inventory, digital menus and barcode scanning technology will add a new breadth and depth of functionality to BirchStreet’s procure-to-pay (P2P) platform. Like BirchStreet, AccuBar has more than 15 years of experience serving the hospitality, restaurant, casino and club industries.
“[The acquisition] is an ideal situation for our hotel operations,” said Linda Gandel, director of procurement and corporate standards at Scout Hotel & Resort Management. “Integrating both technologies will not only increase our profit margins, it will further drive savings and efficiencies. We will have additional visibility into F&B sales and increased key inventory metrics.”