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Solution Design Survey

What is your name?

*

What is your role?

*

A

Corporate Controller

B

VP Finance or CFO

C

VP/Director of F&B

D

VP Operations

E

Director of Purchasing

F

Regional or Area GM

G

COO or President

H

Other

How many properties do you have across your portfolio?

*

What is your annual controllable spend?

*

A

<$1M

B

$1-5M

C

$5-15M

D

$15-$40M

E

$40M+

What share of that is food and beverage?"

*

A

Under 25%

B

25 to 40%

C

40 to 55%

D

Over 55%

E

Not sure

How are orders placed with suppliers today?

*

Pick the one that best describes most of your properties.

A

All manual - Phone, email, text, and spreadsheet

B

Mostly manual, with a few vendor portals

C

Mostly vendor portals and some manual

D

Punch-out system

E

Other

What share of spend runs on negotiated or contracted pricing?

*

A

Under 20%

B

20 to 40%

C

40 to 60%

D

60 to 80%

E

Over 80%

F

We don't measure compliance

How many vendors do you order from across your portfolio?

*

A

<50

B

50-150

C

150-350

D

350+

E

I have no idea

How many vendors are standardized across all properties?

*

A

<5

B

5-12

C

12-25

D

25+

E

We do not standardize vendors

How many invoices are processed per month per property?

*

A

<100

B

100-400

C

400-750

D

750-1500

E

1500+

How much time does it take to process and GL-code your invoices today?

*

A

<1 minute

B

1-3 minutes

C

3-8 minutes

D

8-15 minutes

E

15+ minutes

How long does month-end close take?

*

A

More than 15 days

B

11 to 15 days

C

8 to 10 days

D

5 to 7 days

E

Under 5 days

Who primarily processes invoices today?

*

Property Accounting

Department Managers

General Managers

Mix of Property & Corporate Accounting Team

Corporate Accounting Team

Outsourced

Other

When properties place orders, what do they see about their budget?

*

A

Nothing, orders are placed and they find out later

B

They have to ask finance or pull a report

C

Estimates are maintained offline in spreadsheets

D

Other

How can properties forecast end of month estimates?

*

A

They cant

B

They can add up orders manually near the end of the month

C

Finance provides a mid-month estimate

D

A running forecast updates with every order I place

How often do properties count inventory?

*

A

Never

B

Quarterly

C

Monthly

D

Weekly

How many recipes do you have across all F&B outlets?

*

A

<15

B

15-35

C

35-75

D

75-150

E

150+

F

I have no idea

Select Group Purchasing Organization

*

A

I don't have one

B

Avendra

C

Hilton Supply Management

D

Entegra

E

Source1

F

FoodBuy

G

Other