STEVE MARKLE , CEO OF BIRCHSTREET SYSTEMS , DISCUSSES THE NEW INDUSTRIES , NEW GEOGRAPHIES AND NEW , INNOVATIVE PRODUCTS DRIVING THE NEXT PHASE OF GROWTH FOR THE COMPANY
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O ver the past 17 years , BirchStreet Systems has emerged as the leading provider of Procure-to-Pay ( P2P ) solutions for enterprises operating in the hospitality space . P2P is comprised of solutions which automate procurement , accounts payable , invoice & payment processing , inventory management , recipe management and capital expense management . These solutions can deliver up to 20 % -50% back office and food and beverage cost reduction , and achieve over 80 % on-contract spend compliance rates , improving rebate capture . With best-of-breed solutions and strong value proposition , BirchStreet is poised to enter its next phase of expansion . “ We ’ re really entering into a hyper-growth phase ,” says CEO Steve Markle . BirchStreet counts such premium hotel brands as Marriott , Hilton , Hyatt , Accor , and Four Seasons among the enterprisewide users of its suite of SaaS on-demand solutions . Markle continues , “ having captured most of the major global hotel brands , and a large percentage of the large hotel management companies as enterprise customers , BirchStreet is preparing to