Voxel Group will be an exhibitor at the HIP 2020, the Hospitality Innovation Planet fair, the most important fair of the Hospitality sector in Spain. The annual event will be held at IFEMA, in Madrid the 24th, 25th and 26th of February.
This year, Voxel will present its digitization and automation solutions for invoicing processes for the first time at the HIP. Voxel will have its stand next to key players of the sector, such as Booking.com, Campofrío, Coca-Cola, Unilever, Heineken or Samsung, among others.
With more than 400 exhibitors, HIP has become the most relevant fair for the HORECA sector where the industry professionals meet to know the most recent trends and innovations of the market. In 2019, HIP held more than 25,000 visitors and 350 international speakers.
Furthermore, the Hospitality 4.0 Congress will be held at the same time which will talk about innovation, sustainability, hiring and digitization of the industry segments: restaurants, accommodation, on-demand business and sanitary, among others.
Voxel’s solutions at HIP
At the fair, Voxel will exhibit its digitization and automation solutions for all invoicing processes, the Invoice 360, including issuance, management and receptions of invoices; reconciliation, payment, archive and VAT recovery (via DevoluIVA); which closes the invoice cycle for companies.
Therefore, the baVel platform facilitates the electronic exchange of transactional information between customers and suppliers. Then, baVel Travel is the world’s leading e-Settlement platform for the hotel and travel industries and baVel Procurement extends these solutions to the supply chain in other industries (Food & Beverages, Utilities, etc.) helping them digitize their billing processes.
Currently, the baVel platform provides services to more than 50,000 hotels, 1000 tour operators and travel companies in 100 different countries and handles more than 70 million invoices each year. In Spain in particular, more than 90% of the main hotel chains, 90% of the main restaurant groups and practically all tour operators and travel agencies operate via baVel.
Regarding VAT recovery, DevoluIVA is a service that allows SMEs and large companies to manage expense notes of all their employees and automatically recover 100% VAT on all corporate expenses. At the moment, the company has a network of 52,000 businesses and 60,000 users.