On the recordRead 3 Oct 202615 facts
Folio
Durham, North Carolina, United States
Plans and prices
Folio
Priced on request
Pricing by demo; no public price stated
Read 3 Oct 2026 · folio.co
On the record
- Audience
- Folio says its platform is built for hospitality and describes its customers as hotels, including large enterprises and luxury independent hotels.folio.co · read 3 Oct 2026
- Bills
- Bills uses AI to transcribe invoices and match invoices to purchase orders and receipts, then route approvals and sync approved invoices with accounting systems.folio.co · read 3 Oct 2026
- Buy
- Buy provides a centralized catalog, real-time vendor price comparisons, GPO pricing, budgets, and approval workflows.folio.co · read 3 Oct 2026
- Company
- Folio’s own announcement says the company was born after its founders joined forces in 2023, and identifies Folio Services, Inc. as the company name.folio.co · read 3 Oct 2026
- Expense
- Folio Expense ties extra expenses into budgets, approvals, and payments.folio.co · read 3 Oct 2026
- Free marketplace
- Folio says the Folio-powered AAHOA Marketplace is free for AAHOA members to get started.folio.co · read 3 Oct 2026
- Integrations
- Folio integrates with accounting systems to sync suppliers, invoices, and payments; its announced partnership with M3 includes an enhanced integration for hotel finance teams.folio.co · read 3 Oct 2026
- Inventory
- Folio Inventory helps teams count and value inventory and sync it directly with their ERP.folio.co · read 3 Oct 2026
- Pay
- Folio Pay lets customers pay suppliers and earn rebates on eligible transactions.folio.co · read 3 Oct 2026
- Product
- Folio is a procure-to-pay platform for hospitality teams to order, manage bills, and pay suppliers in one place.folio.co · read 3 Oct 2026
- Products
- Folio’s product suite includes Buy, Bills, Pay, Inventory, and Expense.folio.co · read 3 Oct 2026
- Security and banking
- Folio Services, Inc. says it is a financial technology company, not a bank, and that banking products and Folio Visa Corporate Cards are offered or issued by Core Bank, Member FDIC.folio.co · read 3 Oct 2026
- Supplier connections
- Folio’s Lightning Automations connect directly to supplier websites and provide supplier catalogs, real-time inventory and pricing, and order confirmation on the supplier site.folio.co · read 3 Oct 2026
- Support
- Folio support is available through in-app messages, email, and text; its most responsive hours are Monday to Friday, 9 a.m. to 6 p.m. Eastern, and phone calls are not supported.help.folio.co · read 3 Oct 2026