Case Study: Morrissey Hospitality reduces manual AP entries and speeds month-end close with Craftable

Morrissey Hospitality cuts manual AP entries from 50% to 7% with Craftable

Morrissey Hospitality, a manager of hotels, restaurants, and event venues, faced significant challenges with its fragmented accounts payable process. With manual invoice processing causing inconsistent coding and slow month-end reporting, 50% of all invoices required manual entry. This labor-heavy workflow overwhelmed their AP team and made financial planning difficult, leading them to seek a solution from vendor Craftable for invoice and inventory management.

By implementing Craftable, Morrissey Hospitality automated its invoice capture and processing. The Craftable platform standardized coding across all properties, automatically syncing invoices with images into their accounting system. This solution dramatically reduced manual AP entries from 50% to just 7%, saved approximately 12 hours of work per week, and accelerated the month-end close process by about three days, providing greater confidence in their financial data.

Morrissey Hospitality