Key Takeaways
- • Reeco, M3, and Corpay have partnered to launch an integrated procure-to-pay solution for hospitality, debuting at HITEC 2026 on June 15, combining AI-powered procurement, accounting, and payment capabilities into a single workflow.
- • The partnership addresses a critical operational pain point: procurement, accounting, and payment systems that historically operated in isolation until month-end reconciliation, creating manual work and visibility gaps across hotel portfolios.
- • The integrated platform delivers measurable operational benefits including AI-driven invoice coding, automated price and quantity mismatch detection, real-time payment status tracking, and accurate general ledger posting with reduced month-end surprises.
- • The solution targets management companies operating multiple properties, enabling centralized control, reduced manual processing steps, and tighter spend management across distributed hotel operations.
- • Leadership framing emphasizes workflow outcomes over point-solution integrations: M3's CEO stated the partnership delivers "a single, trusted financial workflow" rather than "a patchwork of connections," positioning it as a modern back-office infrastructure for hospitality operators.
Summary
Reeco, an AI-powered procure-to-pay platform focused on hospitality, announced a strategic partnership with M3 (accounting) and Corpay (payments) to unveil an integrated solution at HITEC 2026. The collaboration addresses a foundational operational inefficiency in hotel management: the disconnection between procurement, accounting, and payments workflows that traditionally remain siloed until month-end close.
Henrik Shimony, Reeco's co-founder and CEO, framed the problem from operational experience, noting that hotels historically managed procurement, accounting, and payments as separate processes with visibility only at close. The new partnership architecture consolidates these functions into a unified workflow spanning purchase order through final payment, reducing manual intervention and improving data reliability across the accounts payable lifecycle.
The integrated platform delivers four core capabilities: stronger control and validation through accurate general ledger posting and elimination of month-end surprises; reduced manual work via AI-powered invoice coding and automated flagging of price and quantity variances before posting; faster and more secure payments with real-time status visibility to all teams; and reliable data and reporting across the full AP lifecycle. JoAnn Kintzel, M3's CEO, emphasized that the partnership delivers outcomes-driven integration rather than disconnected point-solution connections, positioning it as a complete financial workflow built specifically for hospitality. Sven Hinrichsen, President & GM of AP Automation at Corpay, reinforced this positioning, noting that hotel operators should not need to manage disconnected systems to operate effectively. The solution is designed to serve management companies operating multiple properties, offering centralized operational oversight, reduced manual processing, and enhanced spend control across distributed locations.
Henrik Shimony, Reeco's co-founder and CEO, framed the problem from operational experience, noting that hotels historically managed procurement, accounting, and payments as separate processes with visibility only at close. The new partnership architecture consolidates these functions into a unified workflow spanning purchase order through final payment, reducing manual intervention and improving data reliability across the accounts payable lifecycle.
The integrated platform delivers four core capabilities: stronger control and validation through accurate general ledger posting and elimination of month-end surprises; reduced manual work via AI-powered invoice coding and automated flagging of price and quantity variances before posting; faster and more secure payments with real-time status visibility to all teams; and reliable data and reporting across the full AP lifecycle. JoAnn Kintzel, M3's CEO, emphasized that the partnership delivers outcomes-driven integration rather than disconnected point-solution connections, positioning it as a complete financial workflow built specifically for hospitality. Sven Hinrichsen, President & GM of AP Automation at Corpay, reinforced this positioning, noting that hotel operators should not need to manage disconnected systems to operate effectively. The solution is designed to serve management companies operating multiple properties, offering centralized operational oversight, reduced manual processing, and enhanced spend control across distributed locations.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.