Folio

Durham, North Carolina, USA · ≈40 employees · folio.co

Folio is a financial technology company based in Durham, North Carolina, founded in 2023. It offers a procure-to-pay platform specifically designed for the hospitality industry. Folio aims to streamline financial operations for hotels by integrating ordering, bill management, and supplier payments into a single workflow. The platform includes features such as inventory management, expense tracking, invoice processing, and payment workflows. It helps hotel teams efficiently manage their finances and improve profitability while reducing the time spent on administrative tasks. Folio primarily serves hotels, hotel operators, and hospitality finance teams, making it easier for them to control spending and enhance operational efficiency.