Procure Wizard embarks on an exciting new chapter this week with its acquisition by The Access Group, one of the UK’s leading providers of software to the best and fastest growing mid-market businesses, announced yesterday. The purchase follows recent acquisitions by The Access Group of Collins and Tonic, ProNett, Selima and Intelligent Business Systems (IBS).
The Procure Wizard online platform enables hospitality businesses, large & small, to streamline back-office processes, to deliver measurable cost savings, improved profitability & labour efficiencies. It is probably best known for its ‘Purchase to Pay’ technology, which effectively streamlines procurement practices, reducing indirect spend, improving controls and automating invoice processing.
Procure Wizard also offers food, beverage and laundry control solutions, time and attendance, menu engineering and contract management and a unique scanning solution that enables operators to capture 100% of their inbound invoices.
In less than 8 years, Procure Wizard has established itself as the dominant player in online procurement for the UK hospitality sector with more than 25,000 users and over 200 clients, including The Patisserie Valerie, Macdonald Hotels & Resorts, Bill’s, Le Bistrot Pierre, Drayton Manor Theme Park, Peach Pubs and Company of Cooks.
Chris Bayne, CEO, Access Group commented: “The Access hospitality division continues to go from strength to strength, following a number of significant business acquisitions across the hospitality industry. We’re committed to delivering leading edge technology for operators, from reservations and ticketing, through to EPoS, HR and labour optimisation, property maintenance and compliance. Now, with the acquisition of Procure Wizard, we can extend our service provision to include online procurement, purchase to pay and menu engineering to deliver an exciting end-to-end solution for multi-site operators.”