Finexio and RipplePoint Launch Integrated AP Automation for Hospitality

Finexio and RipplePoint have formed a strategic partnership to offer hospitality operators an integrated accounts payable (AP) automation and expense analytics platform, the companies announced Tuesday (Dec. 2). The move aims to help hotels, resorts and restaurant groups cut operating costs and unlock new AP-driven revenue amid mounting labor pressures and rising financial complexity.

The collaboration combines Finexio’s Payments-as-a-Service infrastructure with RipplePoint’s long-standing hospitality expense analytics system. The companies said the joint solution is designed to help operators reduce costs by 30% to 60% while shifting AP from a labor-intensive cost center to a profit generator.

“By partnering with RipplePoint, we’re delivering a solution that fundamentally transforms how hospitality businesses manage their financial operations,” Ernest Rolfson, CEO and founder of Finexio, said in a statement.

Dustin Reineke, president and CEO of RipplePoint, stated that the partnership marks “a watershed moment” in hospitality, streamlining expenses and payments.

The hospitality sector, a $570 billion market, continues to grapple with fragmented supplier ecosystems and multilayer ownership structures. With properties spending an estimated 10 to 15 hours a week on manual AP processes, RipplePoint’s review of the payments landscape identified Finexio as the only partner capable of delivering embedded, enterprise-grade payment capabilities suited to the industry’s operational demands, the companies said.

The integrated platform enables revenue generation through optimized virtual card programs, targeting at least 1% cash back on eligible AP spend. It also offers automated AP workflows designed to cut processing time by 70%, supported by streamlined supplier onboarding. Security features include bank-grade fraud protection built on JPMorgan’s infrastructure, while combined analytics and payment data give operators expanded visibility into spend patterns and optimization opportunities.

The integrated Finexio-RipplePoint solution is now available to RipplePoint customers, with early adopters reporting double-digit hours saved weekly and immediate cost savings, according to the companies.

Certainly, AP automation is a key concern for many businesses. Research cited in PYMNTS Intelligence’s latest Invoice-to-Pay Automation Tracker® notes nearly two-thirds of AP teams saw an increase in their manual workload over the past year. Hospitality firms can see significant benefits. A previous edition of the Tracker® notes that one boutique hotel, Hotel Emma, earned upwards of $30,000 annually in cash-back rebatesTop of Form using cash-back rebates. Bottom of FormAcross industries, PYMNTS Intelligence research indicates that 95% of firms that fully automate their AP processes see increased accuracy, efficiency and operational improvements.