Folio

Input—per 1M tokens

Output—per 1M tokens

Context—tokens

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About

Folio is ranked #6 of 29 in restaurant expense management software on Inferse. It runs on Web.

Compared on restaurant expense management software

Approval workflows: Yesfolio.co

Facts

Product: Folio is a procure-to-pay platform for hospitality teams to order, manage bills, and pay suppliers in one place.folio.co · 3 Oct 2026
Products: Folio’s product suite includes Buy, Bills, Pay, Inventory, and Expense.folio.co · 3 Oct 2026
Buy: Buy provides a centralized catalog, real-time vendor price comparisons, GPO pricing, budgets, and approval workflows.folio.co · 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 · 3 Oct 2026
Pay: Folio Pay lets customers pay suppliers and earn rebates on eligible transactions.folio.co · 3 Oct 2026
Inventory: Folio Inventory helps teams count and value inventory and sync it directly with their ERP.folio.co · 3 Oct 2026
Expense: Folio Expense ties extra expenses into budgets, approvals, and payments.folio.co · 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 · 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 · 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 · 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 · 3 Oct 2026
Audience: Folio says its platform is built for hospitality and describes its customers as hotels, including large enterprises and luxury independent hotels.folio.co · 3 Oct 2026
Free marketplace: Folio says the Folio-powered AAHOA Marketplace is free for AAHOA members to get started.folio.co · 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 · 3 Oct 2026