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8 Ways That Hoteliers Can Increase Compliance and Reduce Annual Spend

A Smarter Way to Save

Sourcing goods and services effectively is at the epicenter of day-to-day functions in hospitality firms and accommodations. The careful and systematic procedure of procurement not only ensures smooth operations but also reflects our commitment to delivering exceptional hospitality.

Unsurprisingly, most hospitality businesses grapple with a shared challenge – harmonising the procurement of essential items and services against their budget restrictions. A survey by Deloitte has drawn attention to this tug-of-war between cost-efficiency and necessity, indicating that over 66% of hospitality organisations consider cost savings as their ultimate goal, a significant rise from 40% presented in previous years.

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