Cloud-Native Procurement
Software for Hotels

Manage the supplier and purchasing processes of your property efficiently with a cloud procurement solution. FX Central Procurement helps you navigate effectively amidst supply chain disruptions, manage associated risks, ensure ethical sourcing, make informed decisions about future purchases, and easily scale procurement operations as your business grows.

Stay ahead of the curve with a smart solution that makes your business smarter.

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FX Central Procurement: What Features Do We Promise?

Configuration and Management

Define procurement parameters and separators for streamlined operations. Create and manage stores and define item groups and codes—for food, liquor and more.

Oversee Stock Reorders

Track the last trade rates of items from specific vendors, including store items or currency. Set minimum and maximum stock levels, reorder points, and automate reorder requests.

Authorisation and Control

With FX Central Procurement, you can define approval levels and authorisation rules for various operations, ensuring secure and controlled access.

Activity Log

Our intuitive hotel procurement solution helps maintain a detailed log of all procurement activities, thereby increasing transparency and accountability.

Purchase Requisition and Order

Create and manage purchase requisitions and orders. Convert requisitions to purchase orders directly or create direct purchase orders.

Supplier Contract List

Use our vendor rating system to identify the best offers and manage contracts within your properties, including item rates and the latest pricing information.

Invite Quotation List

Send requests for quotations to multiple vendors. Manage vendor quotations on one system, allowing for easy comparison, analysis and informed decision-making.

Get Smart with Cloud Procurement Solutions

The changes within the hospitality industry in the past few years have accelerated its digital migration. Today, over half of hoteliers expect automation to improve their workflows, and as a result, smart, cloud, and mobile technologies have taken over the industry, including hotel procurement activities.

With the right hotel procurement software, hotels can get a comprehensive view of all purchase orders on an intuitive interface and succeed with smoother operations and better decision-making. Empower your businesses with advanced features and robust functionalities. Ensure better control and oversight while enhancing your procurement processes.

How Will Your Business Change with FX Central Procurement

Centralised control

Manage all procurement activities from a single unit, oversee procurement of multiple properties, and easily migrate data from each property. Data can also be migrated from FortuneNext 7.0, and third-party solutions integrated with FX Central Procurement.

Efficiency and accuracy

Digitise and streamline procurement processes with FX Central Procurement to significantly reduce manual effort and minimise errors. This ensures consistent and controlled procurement operations across multiple properties, enhancing overall efficiency and accuracy.

Cost saving and optimisation

Our cloud procurement solution optimises stock levels and facilitates vendor analysis to identify the best deals and optimise procurement costs. Allow your decision makers to access detailed reports and analyse data to make informed procurement decisions, further enhancing cost-saving opportunities.

Improved compliance

Define and enforce authorisation rules and access rights to ensure compliance with organisational policies and regulatory standards. With robust authorisation rules, you can enhance security by controlling access to system data and activities, reducing the risk of unauthorised actions.

How Will Your Business Change with FX Central Procurement

Centralised control

Manage all procurement activities from a single unit, oversee procurement of multiple properties, and easily migrate data from each property. Data can also be migrated from FortuneNext 7.0, and third-party solutions integrated with FX Central Procurement.

Efficiency and accuracy

Digitise and streamline procurement processes with FX Central Procurement to significantly reduce manual effort and minimise errors. This ensures consistent and controlled procurement operations across multiple properties, enhancing overall efficiency and accuracy.

Cost saving and optimisation

Our cloud procurement solution optimises stock levels and facilitates vendor analysis to identify the best deals and optimise procurement costs. Allow your decision makers to access detailed reports and analyse data to make informed procurement decisions, further enhancing cost-saving opportunities.

Improved compliance

Define and enforce authorisation rules and access rights to ensure compliance with organisational policies and regulatory standards. With robust authorisation rules, you can enhance security by controlling access to system data and activities, reducing the risk of unauthorised actions.

Frequently Asked Questions

What is cloud procurement software?

Cloud procurement software is a digital solution hosted on the cloud that allows organisations to manage their procurement processes online. It enables purchasing, vendor management, contract management, and other procurement activities from any location with internet access.

Can I manage multiple properties with this software?

Yes, our software is designed to manage procurement operations across multiple properties from a central location, providing you with a 360-degree view of activities.

Is cloud procurement software secure?

Yes. All IDS Next solutions comply with the latest security standards and employ advanced safety measures to protect sensitive data and ensure adherence to industry standards.

Can this cloud procurement software integrate with other systems?

Yes. FX Central Procurement software is designed to integrate with other third-party systems and IDS Next’s FortuneNext 7.0, ensuring seamless data flow and enhanced operational efficiency.

How can cloud procurement software help reduce costs?

A cloud procurement solution optimises supplier selection, improves your negotiation power, digitises tasks, and provides insights for better decision-making.

What features should I look for in cloud procurement software?

Key features of a good procurement software include supplier management, purchase order creation, requisition management, contract management, reporting, compliance, and integration capabilities.

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