DURHAM, North Carolina, and ROCKVILLE, Maryland—Folio announced that it has joined Avendra International as a Preferred Partner within their customer-focused eProcurement Solutions Network.
This collaboration expands a growing relationship between the companies. Together, Folio and Avendra aim to improve contract compliance, streamline operations, and drive measurable cost savings for hospitality operators.
As one of Avendra’s Preferred eProcurement Partners, Folio will collaborate with Avendra to help hotels, management companies, and ownership groups increase participation across its 5,000+ contracted supplier programs and capture pre-negotiated savings achieved through Avendra’s $20.5B in purchasing power. Together, the companies aim to make it easier for hotel buyers to identify and source from contracted suppliers and products.
Statements From Leadership
“At Avendra, we give organizations the flexibility to choose an eProcurement solution that aligns with their operational goals, financial systems, and team workflows, ensuring the platform works seamlessly for them,” said Jesse Messitte, vice president, strategy & business operations at Avendra International. “Folio has proven to be an exceptionally strong solution in helping mutual customers increase participation in contracted programs and realize more value from the supplier agreements Avendra offers.”
“We’re honored to join Avendra’s Preferred eProcurement Partner Network,” said Kate Adamson, chief executive officer and co-founder of Folio. “Hotels work hard to negotiate savings through procurement programs, but those savings are only realized when buyers can easily identify the right products from the right suppliers. Our collaboration shows what’s possible when technology aligns with how hotel teams actually buy.”
“Avendra has already done the hard work of negotiating strong supplier programs,” Adamson added. “We’re proud to collaborate with Avendra to make those programs easier to use every day, helping hotels increase participation, improve compliance, and realize more of the savings available to them.”
