Is an intelligent, cloud-based procurement solution designed to simplify and modernize purchasing workflows for hospitality, finance, and operations teams. As part of the Folio procure-to-pay platform, Folio Buy centralizes ordering from approved suppliers through an intuitive, user-friendly interface that eliminates manual work, reinforces compliance, and drives cost savings.

At its core, Folio Buy provides smart catalog and vendor management — enabling teams to compare vendor pricing in real time, access negotiated or buying-group (GPO) rates automatically, and shop from unified product catalogs without switching between multiple supplier portals. This consolidated marketplace streamlines ordering processes and helps organizations save up to 6 % on purchases without extra effort.

With built-in budget controls and approval routing, Folio Buy ensures spend stays on-program. Users can configure departmental budgets, approval rules, and coding logic that run seamlessly in the background, reducing bottlenecks and empowering teams to order with confidence. Automated order approvals can be completed via email or SMS — even without logging into the platform — accelerating purchasing cycles and preventing delays.

Folio Buy also excels in workflow efficiency, with features such as AI-powered catalog digitization that quickly transforms vendor lists into searchable digital catalogs, and “smart carts” that simplify re-ordering and default spend category assignments. Real-time visibility into contracts, budgets, and spend tagging further enhances decision-making and financial control.

Built for rapid deployment, Folio Buy can be implemented in days, not months, enabling teams to start ordering, enforcing compliance, and saving time almost immediately. When combined with other Folio modules like Bills (AI-powered invoice processing) and Pay (streamlined supplier payments), it becomes part of a complete procure-to-pay ecosystem that transforms purchasing into a strategic advantage.