FOLIO BILLS

Supercharge AP. 70% less work. Powered by AI.

AI-powered invoice processing built for hotels. Turn every invoice into a payable instantly, reduce manual work, and keep business moving.

Schedule Demo

Accounts payable that pays off in hours, accuracy, and ROI

Invoice

Invoice

Invoice

Invoice 1

AI-powered bill transcription

Turn any invoice into a payable instantly. No more data entry, no more errors.

Touchless invoice processing

Folio’s 3-way match automates up to 50% of your AP workload. Less chasing, more approving

Invoice 1
Matched
Invoice 2
Matched
Invoice 3
Matched
Invoice 4
Matched

Payable 4
Payable 3
Payable 2
Payable 1

Confirming Order

Draft

$500.00

Apr 3, 2024

Cost Center

Food & Beverage

Spend Category

Contract Labor

Confirm Order

Confirming Order

Draft

$500.00

Apr 3, 2024

Cost Center

Food & Beverage

Spend Category

Contract Labor

Confirm Order

Confirming Order

Draft

Cost Center

Food & Beverage

Spend Category

Contract Labor

Confirm Order

Delightful UX your team will love

Smart defaults, easy coding, and a UI that doesn’t require a manual.

Automation that moves your AP forward

Upload or receive invoices

Folio ingests invoices directly from your suppliers or via email feed. Data is transcribed using AI and mapped to your vendors automatically.

Let the 3-way match do the work

Folio connects invoices to purchase orders and receipts in seconds. If everything checks out, they flow straight through to your accounting system without human intervention.

Route for approval

Need a sign-off? Folio sends approvals by email or SMS, so your team doesn’t need to chase or log into another system.

Sync with your ERP

Approved invoices are coded and pushed to your accounting system, clean, accurate, and ready to pay.

Part of a Powerful Suite

Powerful alone. Even more capable with the rest of Folio.

BUY

Delightfully simple, compliant purchasing

Learn more

PAY

Easy, fast payments with rewards

Learn more

Ready to reclaim your time?

We’ll deliver results you can take straight to the boardroom. We can’t wait to chat with you and learn more!

Save up to 40 hours/week on processing

Automate 50% of invoices end-to-end

Go live in days, not months

Earn rebates on eligible spend with Folio Pay

Fast, smart purchasing and payments for hospitality — where every second and dollar count.

PRODUCTS

Bills

Pay

Buy

SOLUTIONS

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.

Fast, smart purchasing and payments for hospitality — where every second and dollar count.