Source to Pay Solutions Designed for Food, Beverage and Hospitality Businesses

Transform Your Finance and Procurement Operations, Simply and Effectively

The pressure on Finance and Procurement leaders in Food, Beverage and Hospitality (FBH) has never been higher. They are facing headwinds like competition from home delivery and changing customer expectations. All putting pressure on the bottom line. They need to gain visibility and control of their spend and drive efficiency. All while delivering measurable value and not disrupting business operations.

It’s a big ask to do on your own. We’re here to partner with you to achieve just that. Our source to pay solutions and expert team can help you achieve measurable value.

Our Industry Expertise

We have a deep understanding of the unique challenges and requirements facing FBH businesses.

• Complex Supply Chains and Inventory Management. Managing diverse suppliers and extensive inventories can be overwhelming. Inefficiencies in these areas can lead to stockouts, overstock and increased costs.
• Compliance and Food Safety Regulations. Compliance with food safety and hygiene standards requires robust tracking and reporting capabilities. Non-compliance can result in costly fines and damage to your reputation.
• Growing Operational Costs Business are often operating on thin margins. Controlling costs without compromising quality or customer experience is a constant challenge.
• Seasonal Demand. Adapting to variations in demand requires flexible procurement and inventory management processes.
• Manual and Paper-Based Processes. It can be difficult for businesses to move away from older manual processes. Manual processes can lead to errors, delays and lack of visibility. This inefficiency can hinder decision-making and cost control.

Trusted by Leading FBH Companies Across the Region

Our team is a trusted partner to many leading FBH organisations across the region.

How Source to Pay Digital Transformation Can Help

Our solutions are designed to help business leaders solve these challenges.

Streamlined Supplier and Inventory Management

• Automated Supplier Management. Centralise and automate supplier interactions, ensuring timely orders, accurate deliveries and efficient communication.
• Optimised Inventory Control. Use real-time data to manage inventory levels, reducing waste and avoiding stockouts.

Enhanced Compliance and Reporting

• Automated Compliance Tracking. Ensure adherence to food safety, hygiene standards and government compliance. Our solutions help drive compliance through automated tracking and reporting.
• Improved Traceability. Maintain detailed records of all procurement activities, enhancing traceability and accountability.

Cost Control and Savings

• Spend Analysis. Gain visibility into spending patterns and identify opportunities for cost savings.
• Negotiated Savings. Leverage data to negotiate better terms with suppliers, reducing procurement costs.

Adaptability and Flexibility

• Demand Forecasting. Use historical data and predictive analytics to forecast demand and adjust procurement strategies.
• Flexible Procurement. Put in place flexible procurement processes that can adapt to changes in demand.

Automation

• Reduce Errors and Delays. Automate manual tasks to reduce errors, speed up procurement cycles and improve efficiency.
• Gain Visibility. Enhance visibility into procurement activities, enabling better decision-making and strategic planning.

Our Approach: Comprehensive Understanding and Tailored Solutions

At the heart of everything we do is a razor-sharp focus on delivering business value. We define value as visibility, savings, user adoption, compliance and adopting best practices. Our 3-step approach ensures the project delivers predictable results, on time and budget. All while evolving your processes to best in class.

Step 1: Define – Setting You Up for Success

To be able to unlock measurable value in your process we need to understand your unique business. We do this by understanding your current processes, pain points and technology stack. We conduct an as-is process assessment, requirements assessmen, and maturity assessment. This all feeds into a strategy and business case for your transformation. Then we define a to-be process and a transformation roadmap aligned with your needs. All supported by an ROI and benefits realisation plan.

Step 2: Execute – Controlled Implementation with Predictable Results.

Our S2P experts have a proven track record of delivering projects on time, on budget and on scope. We align you with best practices and put in place eInvoicing and supplier catalogues. We fully integrate your core systems to give you a complete view of your spend. All while driving user adoption through effective Change Management and Training programs. This is supported by our detailed implementation plan and post go-live support. All to ensure a smooth transition and sustained value capture.

Step 3: Advance – Mature Your Operations to Continually Drive More Value.

After launch, we continue to focus on driving further automation and optimisation. Our experts provide platform admin, upgrades, testing, user support and ongoing supplier enablement. This continuous improvement approach allows your team to focus on value-adding activities. All while reducing supply chain risk and maximising savings and quality.

Success Stories

Case Study: Driving Spend Visibility for a Leading Hospitality Group

Valtatech partnered with a leading Australian hospitality group to overhaul their S2P operations.

Challenge.

Our customer had spend-related data across 12 different platforms. This included ERP, HR, inventory, point of sale, and specialised industry platforms. To achieve true spend visibility these platforms needed to be integrated together.

Solution.

Our Integration-as-a-Service approach integrated the data with their new S2P platform. Our team of integration experts designed and maintained the integrations for our client.

Outcome.

We established a connected S2P system with a single source of spend truth. This provided our client with unparalleled visibility into their procurement and financial operations. As a result:

• They gained complete visibility into spending across all integrated systems.
• Procurement processes were optimised, enhancing financial transparency.
• Operational efficiencies were significantly improved, paving the way for strategic growth and scalability.

HammondCare Automates their Source to Pay System.

HammondCare automated their Source to Pay system with our solutions. Achieving greater efficiency and control over their spend all without business disruption. Read more

Konica Minolta Business Solutions Asia Accelerates Digital Transformation with Valtatech Partnership

Konica Minolta achieved a rapid digital transformation with our Source to Pay solutions. This enhanced their procurement processes and drove measurable business value. Read more

Why Valtatech?

Focus on Business Value. Value is what we define, together, as our shared objective. It’s visibility, savings, user adoption, compliance, and best practice. It’s what we measure and strive for.

Partnership Approach. We work with you in an open and transparent way, working alongside you every step of the way. We actively share both the risk and benefits, ensuring that we succeed together.

Source to Pay Expertise. Our team has over 30 years experience in successful Source to Pay transformations across the globe. We provide invaluable insights from this experience to ensure your success.

What Our Customers Say About Us

Aaron Passfield Head of Procurement, HammondCare

“Valtatech’s unique offer and extensive cloud and digital transformation experience meant they were the perfect implementation partner for our Coupa Business Spend Management implementation project. Valtatech’s cloud-based eInvoicing technology also enabled us to set up a system with very little disruption to the business, our partners, or teams on the ground.”

Hanako Kato Corporate HQ General Manager, Konica Minolta Business Solutions Asia

“Valtatech has been an invaluable partner during the process of transforming our procure to pay (P2P) system. The project has helped us to reduce costs, identify risks and improve value delivery across the business; while providing the visibility and insights my team and I require to improve risk mitigation, due diligence processes and governance.”

Contact Us

Ready to transform your finance and procurement operations? Contact us to learn how our Source to Pay solutions can benefit your business.