Case Study: OYO achieves 70% faster month-end close with Volopay

Key results

The challenge

OYO, a global hospitality chain, needed faster financial closes and tighter control over departmental and property-level spending. Untracked spend and slow vendor and invoice processing were creating friction across its property network.

The solution

OYO adopted Volopay for spend control, procure-to-pay automation, and reporting across its properties, giving finance teams a single view of departmental budgets and vendor payments.

The results, in context

OYO reported a 70% faster month-end close with 98% reporting accuracy after moving to Volopay. Vendor cycle times dropped from 10 days to 2 days, and invoice approvals became 60% faster, supporting property launches and refurbishments.

Products used