From Paper to Profit: How Hospitality Finance Leaders Unlock Cash Flow with Automation

Blog, Hospitality / /

Hospitality finance teams today aren’t just digitizing their workflows — they’re turning their Accounts Payable (AP) operations into a strategic driver of profitability. In an industry where thin margins, high vendor volume, and decentralized operations are the norm, every inefficiency in invoice processing and payment approval directly impacts cash flow. That’s why leading hotels, resorts, […]

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AP Automation in Hospitality: Real Stories from Hotels, Clubs & Resorts

Blog, Hospitality / /

Whether you’re in the restaurant, hotel, or country club business, you need to process incoming invoices promptly. Yet, a combination of paper and electronic formats, a manual approval workflow, and a disconnect with your ERP system can lead to costly delays and staff spending excessive time uploading, coding, and routing invoices.  Fortunately, help is at

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Why Ottimate Built The First AI Engine Dedicated for AP – And What It Means For You

Artificial Intelligence, Blog / /

Let’s face it: accounts payable isn’t always a well-oiled machine. Between processing dense, multi-page invoices, chasing down approvals, and reconciling payments, AP teams often feel like they’re playing a never-ending game of whack-a-mole. The pressure to close the books, while also managing errors, exceptions, and outdated tools, can take a serious toll on both productivity

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Smiling waiter at cafe

Spend Less Time on Invoices, More with Guests: AP Automation for Restaurants

AP Automation, Blog / /

Earlier in this series, Ben Spiegel, Ottimate’s growth product manager, discussed how cost file validation, advanced invoice approval routing, and flexible payment options improve grocery and retail store financials.  In what he calls “a previous life,” Ben learned the culinary craft at Noma in Copenhagen, served as a sous chef at the Willows Inn on

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16 Best Practices for Financial Fraud Prevention

Blog, Security / /

No one wants to believe fraud could happen to them. However, the reality is that fraud is pervasive, and it carries significant consequences for businesses. Research indicates that organizations lose an estimated 5% of their revenue to fraud each year, and many believe this figure is conservative.  Whether it’s through internal manipulation or external attacks,

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Your 5-Step Plan to Modernize AP in Healthcare

Blog, Healthcare / /

Let’s face it: today’s healthcare consumers have high expectations. Whether they’re visiting a hospital, primary care clinic, assisted living communities, or another type of healthcare organization, they expect timely, high-quality care – every single time.  Unfortunately, their expectations aren’t always met. Research shows that 60% of Americans have had a recent negative healthcare experience.  At

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