Lilo provides a platform for managing and optimizing digital advertising spend across various channels. The system integrates data streams to offer unified performance analytics and automated budget allocation. This allows marketing teams to maximize ROI through data-driven campaign adjustments.
Funding
Funding not disclosed
Founders
Product
Problem
Hotel procurement teams spend excessive time reconciling spreadsheets, phone orders, and fragmented vendor portals, which leads to delayed purchases, compliance gaps, and difficulty securing contract‑negotiated pricing. Independent and mid‑size properties also lack real‑time visibility into spend, making budget control and vendor performance monitoring cumbersome.
Solution
Lilo delivers a cloud‑native procurement platform that consolidates forecasting, sourcing, purchase‑order creation, invoicing, and payment processing into a single workflow. An AI‑driven pricing engine continuously scans preferred vendor catalogs to match each line item against contracted rates, ensuring the lowest qualified price is selected automatically. The system enforces policy rules and audit trails to maintain compliance while providing a unified dashboard that surfaces spend analytics, budget variance alerts, and vendor KPIs in real time. Seamless API connectors integrate with property management systems, ERP suites, and accounting software, allowing hotels to plug Lilo into existing tech stacks within minutes. Vendors access a dedicated marketplace where orders flow directly into their fulfillment systems, and payments are consolidated and settled on a predictable schedule.
Target Audience
The primary users are procurement managers and general managers at independent or mid‑scale hotel chains seeking to streamline purchasing and control spend, as well as hotel‑focused suppliers looking to reach these properties through a centralized marketplace.
Features
- AI price‑optimization engine that matches requisitions to the best contracted rates across the vendor network
- Automated demand forecasting and PO generation with configurable approval workflows
- Invoice‑to‑PO matching and GL‑coding to eliminate manual entry errors and overpayments
- Real‑time spend analytics, budget tracking, and deviation alerts via a web‑based dashboard
- Open RESTful APIs and pre‑built connectors for leading PMS, ERP, and accounting platforms (e.g., Oracle NetSuite, SAP Business One)
- Vendor marketplace with order routing, consolidated invoicing, and scheduled payments
- supports multi‑property roll‑ups
- Role‑based access control, end‑to‑end encryption, and audit logs to meet PCI/DSS and hospitality compliance standards