Feb 13, 2026

Inventory last count and total value

Inventory last count and total value

1 min read

by

by

Stephen

Stephen

Josh

Josh

SFTP procurement workflows
SFTP procurement workflows

In December, Folio announced it's new Inventory tool, where properties can manage items in specific locations, count, re-order, and categorize all within Folio.

Now, while you count, you can see a summary of the asset value totals as you go. The asset value is summarized:

  • by line item

  • by location

  • across the overall Count

Chefs have reported that this real-time visibility helps catch possible count issues as they go!

Here's to more precise and accurate counting!

Other updates at Folio this week:

  • Buy: If you're both the buyer and an approver, we fixed a bug where some buyers needed to approve
    their own orders as a separate step. We've also made the cart noticeably faster with several
    under-the-hood performance improvements.

  • Buy: Orders with past delivery dates are now handled automatically, so Folio doesn't need to
    manually intervene when a delivery window has passed, resulting in even faster confirmation times.

  • Inventory: We've made improvements to real-time multiplayer editing on inventory snapshots, making
    the experience even more reliable and delightful than before.

  • Bills: You can now configure auto-deny rules per supplier, so bills that don't meet your criteria
    are automatically flagged without manual review. We've also made behind-the-scenes reliability
    improvements for smoother invoice processing.


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Smart, fast purchasing and payments for hospitality where every second and dollar count.

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Email us: support@folio.co

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Text us: +1 855 943 4102

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WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.

Smart, fast purchasing and payments for hospitality where every second and dollar count.

© 2025 Folio Services, Inc

Email us: support@folio.co

3600 North Duke St #1197 Durham, NC 27704

Text us: +1 855 943 4102

Folio Commercial Prepaid Mastercard is issued by Patriot Bank, N.A., Member FDIC, pursuant to a license from Mastercard International and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark of Mastercard International Incorporated. Patriot Bank, N.A., is the Originating Depository Financial Institution for ACH services related to the prepaid accounts.

IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account.

WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.