Actabl and Reeco Launch Innovative Partnership to Bring Forecast Intelligence into AI-Powered Hotel Procurement
Partnership brings ProfitSword forecasts into Reeco’s spending controls, enabling automated flags and approvals before purchases are finalized
Actabl's ProfitSword forecasting platform now integrates with Reeco's AI-powered procure-to-pay system, letting hotels automatically flag purchasing overruns against live forecasts before orders are placed.
Photo by Reeco
MIAMI, FL & DENVER, COLO. – Actabl and Reeco today announced an innovative partnership that connects Actabl's ProfitSword forecasting platform with Reeco's AI-powered procure-to-pay platform. The integration brings ProfitSword forecast data into Reeco’s financial controls, enabling hotel teams to automatically evaluate purchasing activity against current forecasts.
More than a technical integration, the partnership reflects a shared vision for the future of hospitality technology: financial intelligence, automation, and AI-powered operational capabilities should come together at the point of decision. Technology should not simply report what has already happened. It should help hotel teams anticipate pressure, act earlier, and continuously improve performance.
Hotel operators are navigating rising costs and continued pressure on margins. Yet financial planning and purchasing often remain disconnected, with purchasing teams relying on historical reports or static budgets while finance teams evaluate performance after spending occurs.
Through the integration, ProfitSword forecast data becomes part of Reeco’s financial controls. Reeco automatically checks purchasing activity against the applicable forecast and can flag potential overruns or trigger an approval flow before a purchase order is created. Forecast-based controls can also be applied when invoices are synchronized. Rather than sending data to another report or dashboard, Actabl provides the forecast intelligence while Reeco turns it into action through automated controls across purchasing and accounts payable.
Reeco complements this forecast-based automation with AI that generates purchasing recommendations based on purchasing history, inventory levels, and operational patterns; identifies pricing anomalies; and automates invoice coding. Together, these capabilities connect financial planning with day-to-day hotel operations.
For hotel owners, operators, and management companies, the partnership demonstrates a more connected approach to hotel operations, one in which financial planning actively informs day-to-day spending decisions. The result is greater visibility and control before purchases are finalized, supporting improved operating efficiency, tighter cost management, and stronger gross operating profit.
Beyond the technology connection, Actabl and Reeco will work together to support adoption and customer success among mutual customers.
Hotels don't have a reporting problem. They have a decision-making problem. Together with Actabl, we’re turning forecast intelligence into action and showing what the next generation of hospitality technology can look like: connected, proactive, and designed to help operators maintain control and protect margins. Henrik Shimony, co-founder and CEO of Reeco
Partnerships are most impactful when they solve real challenges for our mutual customers. This partnership reflects our shared belief that financial intelligence should not stop at the report. Together, we're enabling a more connected and innovative hospitality technology ecosystem. Steven Moore, CEO of Actabl
The integration is live and available to mutual customers using both ProfitSword and Reeco.
About Reeco
Reeco is the AI-powered procure-to-pay platform built specifically for the hospitality industry. The platform helps hotels manage purchasing, receiving, inventory, recipe management, and accounts payable through one connected solution.
By combining automation with artificial intelligence, Reeco reduces manual work, improves purchasing accuracy, automates invoice processing, and gives hotel operators greater visibility and control over spending. The result is a more efficient operation, stronger financial performance, and healthier margins across every property.
For more information, visit www.reeco.com.
About Actabl
Actabl is the leader in hospitality business intelligence, labor management, and hotel operations management software that provides actionable insights to above-property leaders and on-property leaders. Actabl brings together four powerful hospitality tech solutions to maximize profits for hotel operators. Actabl’s integrated solutions include ProfitSword’s business intelligence technology, Hotel Effectiveness’ complete labor optimization, Alice’s hotel operations management platform, and Transcendent’s advanced asset management and CapEx. With a global team of 300+ employees boasting more than 1,000 years of combined hospitality experience, Actabl serves the technology needs of more than 12,000 properties in hospitality markets around the world.
Media Contact
Elliott Mest
MFC PR [email protected] (862) 371-0511