6.10.2025
Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, is pleased to announce that Level5 Hospitality (L5), a hotel management company based in Bozeman, MT, is implementing Reeco technology across nine of its properties in the U.S., with additional locations planned.
“We initially turned to Reeco to solve some frustrating inefficiencies with our old procurement systems,” said Nathan Moffatt, SVP of accounting at Level5 Hospitality. “But what we got was a total upgrade. The platform has modernized our entire procurement process, and the level of service has been incredible. Reeco works as an extension of our own team, collaborating closely with both vendors and our management team. It’s not just a software — it’s a true partnership that’s helping us operate smarter, faster, and more profitably.”
With Reeco’s all-in-one procurement platform, L5 gains comprehensive visibility and control over its entire procurement process — from F&B and cleaning supplies to services and beyond. Rather than navigating multiple systems, buyers can handle orders, inventory, and invoices through a single, intuitive platform that accommodates all skill levels. The result is a more streamlined workflow that minimizes friction and empowers staff to stay focused on delivering exceptional guest experiences.
“L5 Hospitality is exactly the kind of innovative collaborator and trusted advisor in the hospitality space we love working with. They knew their outdated procurement processes created bottlenecks and decided to modernize,” said Henrik Shimony, CEO of Reeco. “Our platform shines light on those hidden inefficiencies in procurement — the dark spots that quietly eat away at profitability. This visibility lets L5 get ahead of problems instead of constantly reacting to them, giving them more time to focus on what really matters: building stronger vendor relationships, delivering great guest experiences, and improving their bottom line.”
Reeco’s Purchase & Receive and Accounts Payable (AP) modules use artificial intelligence (AI) to take the heavy lifting out of procurement. There’s no manual entry, and AI keeps pricing and inventory up to date in real time. On the AP side, AI automatically assigns general ledger (GL) codes based on historical patterns and syncs with the property’s accounting system. This cuts down input time, reduces errors, and eliminates repetitive tasks. The result is faster workflows, fewer errors, and hours of time saved every month.
Reeco’s new partnership with L5 Hospitality marks another milestone in a year of strategic growth. In 2025, the company also expanded its reach through a partnership with Vision Hospitality Group, a nationally recognized owner and operator of 42 properties across eight states, and a strategic alliance with M3, the hospitality industry’s leading provider of accounting and financial solutions.
Reeco also secured $15 million in Series A funding to fuel the company’s strategic growth initiatives, including the accelerated advancement of the Reeco platform, in January 2025.
