Actabl and Reeco partner on new lodging program

THE NEWS: Actabl and Reeco have announced a partnership that integrates Actabl’s ProfitSword forecasting platform with Reeco’s AI‑powered procure‑to‑pay system, allowing hotel teams to automatically evaluate purchasing activity against current forecasts.

DETAILS:

ProfitSword forecast data is fed directly into Reeco’s financial controls.
Reeco’s platform can automatically flag potential spend overruns when actual purchasing deviates from the forecast.
Actabl and Reeco will jointly support adoption and customer‑success initiatives for their mutual hotel clients.
The integration enables real‑time comparison of spend versus forecast without manual data entry.

WHY IT MATTERS: By linking revenue forecasting with procurement controls, the partnership gives hotels a proactive tool to manage costs, avoid budget overruns and improve overall profitability, which is critical as operating margins tighten across the industry.

FAQ

What partnership did Actabl announce?
Actabl announced a partnership with Reeco to integrate its ProfitSword forecasting platform with Reeco’s AI‑powered procure‑to‑pay solution, creating an automatic link between forecast data and purchasing controls for hotel operators.

How will the integration affect hotel purchasing?
The integration feeds ProfitSword forecast data into Reeco’s financial controls, enabling the system to automatically compare actual purchasing activity against forecasts and flag any potential overspend for hotel teams.

What additional support will the two companies provide?
Actabl and Reeco will work together to promote adoption of the integrated solution and deliver customer‑success assistance to their shared hotel clientele, ensuring smooth implementation and ongoing usage.

Read Original Article.