The global provider of SaaS-based procurement solutions is unveiling two new hospitality products: Procure-to-Pay provides hoteliers with electronic integration with vendors, supports automated Catalog and invoice management, and integrates with the recently announced Adaco Analytics Solution; Analytics provides hoteliers with a three-dimensional view of their data and an unprecedented ROI; Visit Adaco at HITEC in Booth 309

Norwalk, CT — June 18, 2013
— Adaco, Inc., a leader in cloud-based solutions for hospitality procurement, inventory and menu engineering, is unveiling two major additions to its Adaco.NET integrated purchasing, operational control solution at HITEC, June 24 to 27 at the Minneapolis (Minn.) Convention Center in booth #309. IntroducingProcure-to-Pay andAnalytics, giving current and potential customers electronic integration with vendors and immediate views on data and key performance indicators. These solutions operate on a low-cost software-as-a-service (SaaS) platform and integrate with Adaco.NET.

With a 27 year history, Adaco has an excellent reputation in the hotel sector as a global provider of purchasing and operation control solutions, with Adaco.NET software currently processing more than $5 billion worth of purchasing annually. Acquired in 2012 by Fourth, a London-based provider of labor, payroll, inventory and procurement systems (including Procure-to-Pay), Adaco has significantly increased its international footprint with solutions now in 54 countries, including North and South America, Europe and the Middle East. Adaco now serves as the operating base for Fourth USA.

"Adaco.NET is a very popular solution, and with the additional functionality in Procure-to-Pay and Analytics, we think we can help drive customer return on investment even further," said Steve Mansfield, Adaco chief sales officer. "This is the most recent example of the investment Fourth has made in additional people, product and internal management systems. The launch of Procure-to-Pay is very exciting; in addition to its integration with Adaco.NET, it supports automated catalog, ordering, messaging and invoice management. Analytics provides a significant return on investment, from much improved compliance and vendor management to a reduction in data management and manual checking tasks. Procure-to-Pay integrates with the Adaco Analytics solution to allow full visibility as required at property and corporate level."

Procure-to-Pay and Adaco.NET come with the Adaco Analytics data feed built in, and when combined, can bring meaningful data presented in key performance indicator reports and dashboards. Hoteliers can customize views and distribute information upon request. Compliance, product comparisons and full-spend analysis by vendor are just some of the views available.

To see Procure-to-Pay and Analytics at HITEC, pre-schedule an appointment by calling Steve Mansfield at (203) 838-3700 x7506. For more information on Adaco, e-mail [email protected] or visit http://www.adaco.com.

About Adaco

Adaco is the global leader in purchasing and operation control solution for hospitality industry. With over 400 customers its products are used in 54 countries by the world's leading hotel groups including Marriott, Starwood, Loews, Wyndham, Ritz Carlton and Jumeirah. Recent customer wins include Saraova Hotels, Shangri La, The Dorchester and Hotel Du Vin/Malmaison. www.adaco.com

About Fourth

Fourth employs 200 people, with offices in London and Cheshire and is the leading provider of completely integrated cloud-based solutions for the hospitality industry in the world. Its solutions are used by the hospitality sector at 13,250 sites in 22 countries. It has 651 customers including: restaurant groups Gondola, Tragus, Carluccio's and Jamie's Italian; fast-food groups Krispy Kreme and Subway; pub groups Spirit, Fuller's, Marston's and Stonegate; hotel groups Intercontinental Hotel Group, Hilton and Starwood, and leisure customers such as Center Parcs and Merlin, plus catering organisations such as SSP, Sodexho, MITIE and Aramark. www.fourth.com

Steve Mansfield
(203) 838-3700 x7506