Audience

Hospitality procurement, finance, and operations teams seeking a solution to manage purchasing, invoicing, and supplier payments seamlessly

About Folio

Folio is a procure‑to‑pay platform built for hospitality teams that requires no training and delivers ordering, invoice processing, and supplier payments in one seamless interface. With Folio Buy, users shop from approved vendors in just a few clicks, placing orders instantly through an intuitive, modern dashboard. Folio Bills uses AI‑powered invoice processing to auto‑capture data, match invoices to purchase orders, route approvals, and surface exceptions, saving teams up to 40 hours weekly. Folio Pay then syncs invoices, orders, and payments to enable fast, secure bill settlement, complete with integrated rebates, directly within the platform. There’s no need for external portals or self‑hosted infrastructure: suppliers and product catalogs auto‑populate upon import, and a guided onboarding sequence, connecting suppliers, configuring approval flows, importing budgets, and inviting team members, takes days, not months.

Integrations

No integrations listed.

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Company Information

Folio
Founded: 2023
United States
folio.co

Videos and Screen Captures

Folio Screenshot 1
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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Videos
Support
Online

Folio Frequently Asked Questions

Q: What kinds of users and organization types does Folio work with?
Q: What languages does Folio support in their product?
Q: What type of training does Folio provide?

Folio 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

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

Purchasing

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