Payment Radar
Hotel Tech at HITEC 2026: New Expense, Procure-to-Pay, and Cashless Tipping Tools
At HITEC 2026, hotel technology companies launched new products and upgrades.
What changed
Correction (October 2026): An earlier version of this story said these tools affect hotel operators in North America (or Canada and the United States). The source ties only Climber RMS to North America; it does not limit the other products to any region.
Hotel technology companies introduced new tools at HITEC 2026 that directly alter how properties handle expenses, procurement, and guest tipping. Folio launched Folio Expense, an embedded expense management system integrated into its procurement and bill payment platform, allowing property managers to control purchases outside traditional workflows and connect expenses to a centralized budget. Reeco, M3, and Corpay unveiled a procure-to-pay solution that uses AI to code invoices, flag price and quantity mismatches, and process secure payments with real-time status updates. GratifID launched TIPMO, an NFC-powered cashless tipping platform that enables guests to send tips directly to employees in real time through a secure digital wallet without downloading an app. Revenue Analytics launched Climber RMS in North America, providing automated, dynamic pricing for independent and boutique hotels.
Why a business should care
These tools shift operational control and payment capture methods. Embedded expense management and AI-driven invoice validation reduce manual processing and improve budget alignment. Cashless tipping changes how guest-to-employee payments are captured and settled, potentially affecting payroll reconciliation and chargeback handling.
Who it affects
Hotel operators, property managers, and finance teams. The source does not limit Folio Expense, the Reeco/M3/Corpay solution or TIPMO to a region; Climber RMS is aimed at North America.
What to consider doing
Pull your current accounts payable workflow documentation and map where manual invoice coding or expense approvals occur. Compare those steps against the AI validation and embedded budget controls offered by the new procure-to-pay and expense solutions.
Uncertainty and risks
The source describes vendor claims about AI capabilities and real-time payments without independent verification of fraud prevention or chargeback outcomes. Operators should verify how these tools handle disputes and settlement timing. Hotel technology companies launched new products at HITEC 2026, including Folio Expense for embedded expense management, a Reeco/M3/Corpay procure-to-pay solution with AI invoice validation, and GratifID’s TIPMO cashless tipping platform. These tools directly change how hotels manage expenses, process payments, and handle guest-to-employee tipping, offering greater control, AI-driven validation, and real-time payment capabilities.
Comments