The Access Group, one of the UK’s leading providers of software to the best and fastest growing mid-market businesses, has today announced the completion of the acquisition of Procure Wizard, the leading provider of online procurement solutions for the UK hospitality industry. The purchase follows recent acquisitions of Collins and Tonic, ProNett, Selima and Intelligent Business Systems (IBS).
The Procure Wizard online platform enables hospitality businesses, large and small, to streamline back-office processes, to deliver measurable cost savings, improved profitability and 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.”
William Gorol, Managing Director, Procure Wizard commented: “As one of the leading technology providers in the UK, we are confident that Access is the right partner to take Procure Wizard to the next level. I am delighted to be involved as Procure Wizard embarks on this exciting new phase of growth and becoming part of the Access Group, with its considerable resources and synergies, offers huge potential for Procure Wizard customers.”
For further information about Procure Wizard, visit www.procurewizard.com
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Media Information: Contact Andrea Rogers at Elliotts Agency – [email protected] or call: 01908 787 630
About Access Group – www.theaccessgroup.com/hospitality
Access Group is a leading provider of fully integrated business management software. Its portfolio spans ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation and manufacturing.
Access Group is one of the top five fastest growing UK software developers, on-going commitment to excellence, customers and employees has also placed the company among the UK’s top employers.
Access Hospitality is a newly created division catering specifically for the UKs fast expanding £73bn1 turnover hospitality sector. More than 1,200 customers across the UK use our modular, scalable cloud-based business management suite, which features over 20 integrated Software as a Service (SaaS) solutions and services designed specifically for pubs, bars, nightclubs, restaurants, food-to-go and coffee shop operators.
1Source: British Hospitality Association “The economic contribution of the UK hospitality industry” June 2017 report.