Folio

Folio offers a spend management platform for hospitality, organised into Buy, Bills, Pay, Inventory and Expense modules. The site describes it as one system for purchasing, inventory, bills and expenses, with features such as invoice matching and approvals, inventory counts synced to an ERP, and expense cards with spending guardrails.

Its customers are multi-property hotel managers, and the site also has a section for suppliers that sell to hotels through Folio. The company describes itself as a financial technology company and not a bank; its Visa corporate cards are issued by Core Bank, and it offers supplier payments with rebates on eligible spend. The website states that more than 300 hotels use Folio.

Folio Services, Inc. lists a Durham, NC address and has hubs in San Francisco, CA and New York, NY, and it describes itself as remote-first. The site lists a Series A announcement dated July 17, 2025, and an AAHOA marketplace launch in September 2026. Open roles include software engineers (forward deployed, backend and full stack), a product marketing manager, and product operations.

Product: Folio Buy, Bills, Pay, Inventory and Expense modules for hotel purchasing, invoice matching, supplier payments, inventory counts and corporate cards.