GoTab | August 10, 2022
GoTab, a leading restaurant commerce platform, today announced new capabilities that enable multi-operator locations such as food halls, festivals, stadiums and others, to automate vendor payouts while enabling a streamlined ordering and payment experience for guests. With GoTab for Multi-Operator Locations, vendors receive individualized control of menu management and reporting, as well as direct payouts, including taxes and tips, on a daily basis.
Ideal for food halls, entertainment venues, stadiums and more, GoTab creates a unified QR code ordering experience for all active vendors within a parent location, simplifying payment for guests and providing vendors with increased visibility, customization and sales transparency. Based on an analysis of existing operators that use QR ordering, GoTab has proven to make a direct impact resulting in 20% higher tips, 35-50% higher check averages, 25% faster table turns, and 30-50% increased labor efficiency.
"As guests flood back to food halls, stadiums and other entertainment venues, they've come to expect the convenience of digital – fast, easy-to-use mobile ordering, one-touch payment and more. GoTab for Multi-Operator Locations empowers vendors to deliver that integrated ordering experience for guests, while reaping the benefits of increased visibility within the parent location, daily payouts, seamless menu management, and ultimately, increased sales."
-Tim McLaughlin, CEO and Co-Founder GoTab.
How Multi-Operator Works
Individual vendors within a food hall, entertainment venue, stadium, or other multi-merchant location will have access to their own dashboard and create their personalized menu featuring available food offerings or retail products, which is then shared with the parent location. Guests can scan and order from a single QR code showcasing all of the vendors and their customized menus. Orders are then routed to the respective vendors' Kitchen Display System and/or printer for fulfilment. Once guests pay their tab, tips are allocated to each vendor by percentage of sales.
A Unifying Experience for Guests with Individualized Control and Reporting for Vendors
Purpose-built to streamline the vendor and guest experience, GoTab for Multi-Operator Locations provides the simplest way for guests to order across vendors – without having to download an app – and the easiest way for vendors to optimize order efficiency, receive payout and gain visibility.
This new solution prioritizes transparency in sales, providing real-time access to sales and tab data and transferring payouts, including taxes and tips, directly to each vendor on a daily basis. For multi-vendor transactions, tips are automatically allocated by percentage of sales, which can be automated to the parent location. In addition, despite living on the same QR code, each vendor has the ability to create their own menus, products and messages that align best with their brand, showcasing consistency and easing communication with their guests. Further, since guests view all uploaded menus from a single QR code, each venue has more visibility across the parent location, increasing the likelihood of individual sales.
GoTab for Multi-Operator Locations is revolutionizing the vendor experience at participating venues through first-of-its kind technology designed to simplify the guest ordering experience while empowering vendors with complete menu control, quicker payouts, real-time sales reports and more.
GoTab, Inc., a Restaurant Commerce Platform (RCP), is helping large- and mid-sized restaurants, breweries, bars, hotels and other venues run lean, profitable operations while making guests even more satisfied. It integrates with popular point-of-sale (POS) systems and allows patrons to order and pay through a server, order and pay directly from their own mobile phones, or blend the two experiences all on one tab, through its easy-to-use mobile POS, contactless ordering and payment features, and kitchen management systems (KMS). The guest never has to download a mobile app or create a password. Operators get flexible features that can be rapidly applied to access new revenue streams via dine-in, take-out and delivery, ghost kitchens, retail groceries, and more. Founded in 2016, GoTab processes over $250M transactions per year with operations across 35 U.S. states and growing.
Sunyard Technology | June 01, 2022
Sunyard Technology partners with the Guizhou branch of the Industrial and Commercial Bank of China (ICBC) on the electronic cash register (ECR) equipment project to help shape the future of financial services in specific regions, unleash the acquisition potential of merchants and provide more tailored client experiences. The shortlisting of ECR products highlights consumer recognition and demonstrates Sunyard's prominence and power in the local payment market.
Seven smart ECRs for Windows and Android enable MIS merchant cashiers to manage varied circumstances. It encourages the bank to extend its MIS acquisition services and create new revenue streams, such as stabilizing customer deposits and intermediary business revenues.
With its dual tablet-like displays, Sunyard's ECR is a well-appointed and highly compatible retail tool that provides spectacular viewing experiences from any tilt angle. With omnichannel payment and simple connection, powerful performance effectively satisfies different needs. The intelligent management platform is also simple to remotely manage, track, and control payment terminals regardless of their location, kind, or operating system.
It incorporates a super-large touch screen, an intelligent operating system, a high-speed barcode recognition module, a receipt printer, and an assistant shelf for the self-service ECR.
The Sunyard team is committed to developing payment terminal solutions that are better suited to the requirements of the local market. Sunyard is one of the financial IT firms with the most extensive user and network coverage in China. It has created an interconnected service system in 36 locations, promoting localized, efficient, and assured services.
Lightspeed Commerce Inc | June 06, 2022
Lightspeed Commerce Inc. announced the launch of the new Lightspeed B2B platform to North American fashion, outdoor and sports retailers, with broader vertical and features available in the coming months. Lightspeed Commerce Inc. is the one-stop commerce platform for merchants around the world to simplify, scale and create an exceptional customer experience. The launch of this transformative new solution will bring together thousands of the world's best brands and retailers with a cutting-edge supplier network tool that integrates B2B orders directly into the point of sale.
This revolutionary, first-of-its-kind solution results from Lightspeed's integration of NuORDER's technology into the Lightspeed Retail platform. Thousands of companies, including Tom Ford, Coach, Theory, Black Diamond, and Outdoor Voices, are available on the Lightspeed B2B platform. In addition, this platform will allow retailers to place orders directly with brands on the Lightspeed Commerce platform.
The new Lightspeed B2B platform enhances the relationship between brands and retailers by automating the omnichannel shopping experience and relieving businesses from tedious, manual operations. Putting a single network at the fingertips of brands and retailers, Lightspeed B2B lowers friction, saves time, and provides extra insights.
Benefits of Lightspeed B2B for retailers
Accessible on-demand ordering
Massive inventory and ordering time savings for retailers and omnichannel enablement
Discover and connect with new brands as a verified retailer
Benefits for Brands
Robust data insights
Control catalogs and share necessary attribution
One location for all orders
"With this launch, we're offering transformative value for brands and retailers that represents an inflection point in retail history. This new tool enables independent businesses to discover new products, gain insights that were previously unattainable, and gain access to product catalogs and integrated ordering on one network. The disruption of the last two years has cemented the need for independent retailers to leverage technology to remain agile and the new Lightspeed B2B Network is deeply in line with our mission to strengthen their operational resilience."
-Heath Wells, General Manager of the new Lightspeed B2B platform and co-founder of NuORDER
The completed Lightspeed B2B will provide companies with sophisticated capabilities to sell in real-time with real-time data and feedback on their products, expediting feedback loops between customers and businesses to examine trends in real-time.