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SkyTab POS Integrates with OpenTable to Streamline Restaurant Operations & Enhance Reporting

Businesswire | May 25, 2023 | Read time : 03:34 min

SkyTab POS Integrates with OpenTable to Streamline

Shift4 the leader in integrated commerce technology, and OpenTable, a global leader in restaurant technology, today announced an integration that allows restaurant operators to combine OpenTable’s diner booking data with spending data captured at the point-of-sale by Shift4’s SkyTab POS system. This integration gives restaurants a more holistic view of their business performance to make smarter decisions about how to increase revenues and reduce costs.

“Our collaboration with OpenTable provides restaurateurs an easy way to improve their top and bottom lines while learning more about their customers so that they can enhance the dining experience,” said Shift4 Chief Technology Officer Mike Russo.

The Shift4-OpenTable integration allows restaurant operators to quickly identify which guests are new, regulars, or top spenders and then use this information to celebrate their most valued guests and go the extra mile to turn new guests into repeat customers. In addition, real-time insights including when guests are seated and which course they’re on helps minimize wait times and improve table turnover rates.

“At OpenTable, we’re always looking for ways to empower our restaurant customers, create efficiencies and streamline operations, which is why we’re thrilled to integrate with Shift4,” said Susan Lee, Chief Growth Officer at OpenTable. “This partnership will provide our restaurant customers with a more comprehensive business view, enabling them to make smarter business decisions.”

OpenTable is now available in Shift4’s Marketplace, an end-to-end ecosystem that seamlessly connects restaurants and other businesses with numerous third-party applications, including solutions for online ordering, online reservations, employee scheduling, accounting, loyalty, marketing, and more.

About OpenTable

OpenTable, a global leader in restaurant tech and part of Booking Holdings, Inc. (NASDAQ:BKNG), connects more than 1.5 billion people with restaurants every year. Powering hospitality at more than 55,000 restaurants, bars, wineries, and other venues globally, OpenTable drives reservations, experiences, payments, guest insights and operations, enabling restaurants to run their most successful business yet.

About Shift4

Shift4 is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry.

 

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Moneris Go POS Restaurant - Kitchen Printer Setup

Let’s set up your kitchen printer so that orders will get printed automatically for your kitchen staff.
As Canada's leading payment provider, we're boldly re-imagining unified commerce. Working with us means connecting your passion with a community to discover your purpose. Every day, we empower our team members to redefine what's possible in making an impact, creating growth opportunities, and making connections with our customers and each other.

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InComm Payments Acquires Zenda, Developer of AI-Powered HSA and FSA Solutions for Employee Benefit Programs

PRnewswire | August 09, 2023

InComm Payments, a leading payments technology company, today announced its acquisition of Zenda, a developer of employee health and benefits solutions known for its innovative health savings account (HSA) and flexible spending account (FSA) platform. Strengthening InComm Payments' position as a leader in the healthcare payments industry, the acquisition marks the company's first expansion into the employer health benefits category with unique HSA and FSA solutions that leverage artificial intelligence (AI) to automate Internal Revenue Service (IRS) rules and streamline account management. "Zenda stands out for their commitment to simplifying HSAs and FSAs for both businesses and their employees," said Brian Parlotto, Executive Vice President at InComm Payments. "This closely aligns with the mission of our InComm Healthcare business unit, which streamlines supplemental benefits management for health plans and their members. Together, we look forward to helping more people better manage their health expenses and livelihoods." Zenda's self-driving HSA and FSA solutions automate tasks such as expense-tracking and record-keeping to maximize value for employees, whether they use an account for spending or investing. Through Zenda's native mobile apps or web portal, account holders can access automatically generated receipts as well as guidance on making contributions and withdrawals. Finally, Zenda provides built-in expert tax-saving strategies that help users avoid missing tax deductions, which ultimately leads to higher tax savings and satisfaction. "Companies tell us that employees underutilize their HSA benefits because they are too complicated to properly manage despite education," said Waqar Hasan, Co-Founder and CEO of Zenda. "We make it easy for companies and employees to save more money by offering a much-needed alternative to legacy products that dominate the market today. We are excited to join the InComm Payments team and bring our self-driving HSA and FSA platform to more businesses and families across the country." Zenda's use of automation extends to a unified debit card, which is connected to an HSA or FSA account plus an everyday checking account. As employees make payments with the card, Zenda's platform automatically detects and routes medical expenses to the HSA or FSA, while non-eligible purchases are charged to the everyday account. This ensures employees do not miss eligible transactions, making it easier for them to manage their health and budget. The HSA and FSA solutions strengthen the healthcare payments and technology solutions offered by InComm Payments and its InComm Healthcare business unit, such as the Dual Network Benefit Card™, which gives Medicare and Medicaid health plans the ability to easily add more than one supplemental benefit, reward or healthy foods program to a single member card. The product enables cardholders to use employer or health plan-sponsored funds to purchase eligible products at more than 66,000 retail locations participating in the company's over-the-counter (OTC) Network®. About InComm Payments InComm Payments is an innovative global payments technology provider. Leveraging dynamic technology and proven expertise, InComm Payments delivers enhanced end-to-end payment platforms and emerging financial technology solutions through a single integration, helping businesses grow across a wide range of industries including retail, healthcare, tolling & transit, incentives, mobile payments, digital currencies and financial services. By enabling omnichannel connections and alternative payment options to an ever-expanding consumer base in an increasingly digital ecosystem, InComm Payments creates seamless and valuable commerce experiences across the globe. With three decades of experience, over 525,000 points of retail and online distribution, 412 global patents and a presence in more than 40 countries, InComm Payments leads the payments industry from its headquarters in Atlanta, Ga. About Zenda Zenda has introduced the industry's first self-driving health spending account platform, designed from the ground up to improve employee experience, put more money in employees' pockets and make program administration easy. Zenda's platform features unique capabilities such as automatically finding missed expenses, automated true up of contributions and optimized tax savings focused on HSA investors. Zenda's proprietary technology encompasses a core platform, web and mobile employee applications, and a smart debit card. Zenda is based in Palo Alto, CA.

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MarginEdge Launches [me] finance, the Only Accounts Payable Automation Solution Designed Specifically for Restaurant Accountants and Bookkeepers

PRnewswire | June 27, 2023

MarginEdge, the leading restaurant management and bill payment platform, today announced the official launch of an innovative new finance tool, [me] finance, the only accounts payable automation solution built exclusively for restaurant accountants and bookkeepers. Designed to automate manual processes and simplify workflows, [me] finance eliminates the need for data entry and turns invoice and sales data into powerful reports to help accounting professionals track and manage everything coming into a client's restaurant. Among the key benefits of [me] finance, accountants and bookkeepers can access: • Automated Invoice Processing - Simply scan, email or take a photo of an invoice and the details will be captured and digitized in less than 48 hours to give an up-to-date picture of food costs. • Robust Financial Reporting - Visual budget tracking, controllable P&L statements, category reports and sales data help make for more informed financial decisions, such as investing in profitable segments of the restaurant or cutting back on underperforming ones. • Back Office Efficiencies - Pay or schedule an unlimited amount of payments so they are always on time. Invoices can move from "approved" to "paid" in as little as two business days – automatically syncing to the accounting system and providing consistent proof of payment. Know which invoices have been paid and which are still outstanding – helping the prioritization of payments and more visibility into cash flow. • Flexible Payment Options - Customers have the option to pick from our vast network of over 55,000 industry-specific vendors or enroll their own vendors in electronic payments. [me] finance also takes care of the check writing, stuffing and sending – all for one flat rate, no additional fees or cost per invoice. • Automatic Vendor Credit Tracking - The first AP automation provider to track credits, making sure restaurants never pay a cent more than what they owe. • Multi-Unit Management - Streamline multi-unit management and ensure consistency across locations with one centralized platform for standardized payments. • POS and Accounting Integrations - Sales data is pulled nightly from a restaurant's POS along with bills marked as "Paid" and instantly exported to accounting software like QuickBooks, making it easy to reconcile payments and keep books up-to-date. The new product is available exclusively to bookkeeping and accounting firms for a flat fee of $100 per month per restaurant client based on an annual subscription. "Just as we fully understand the challenges of restaurant owners and operators, this new product is specifically designed to meet the needs of accountants and bookkeepers, saving an incredible amount of time and frustration, while offering insights to help their restaurant clients better track inventory, reduce waste and boost profits," said MarginEdge CEO Bo Davis. MarginEdge was recently recognized as one of The Americas' Fastest Growing Companies in 2023 by the Financial Times and on the 2022 Inc. 5000 Annual List. Best workplace awards in 2023 include Inc.'s Best Workplaces, The Washington Post Top Workplace and Washington Business Journal Best Places to Work. About MarginEdge MarginEdge's mission is to create a world where restaurant operators can focus on the business they love. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office and freeing restaurants to spend more time on their culinary offerings and guest experiences. The platform offers market-leading invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high impact product that resonates across the hospitality industry.

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MarginEdge Launches [me] finance, the Only Accounts Payable Automation Solution Designed Specifically for Restaurant Accountants and Bookkeepers

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MarginEdge, the leading restaurant management and bill payment platform, today announced the official launch of an innovative new finance tool, [me] finance, the only accounts payable automation solution built exclusively for restaurant accountants and bookkeepers. Designed to automate manual processes and simplify workflows, [me] finance eliminates the need for data entry and turns invoice and sales data into powerful reports to help accounting professionals track and manage everything coming into a client's restaurant. Among the key benefits of [me] finance, accountants and bookkeepers can access: • Automated Invoice Processing - Simply scan, email or take a photo of an invoice and the details will be captured and digitized in less than 48 hours to give an up-to-date picture of food costs. • Robust Financial Reporting - Visual budget tracking, controllable P&L statements, category reports and sales data help make for more informed financial decisions, such as investing in profitable segments of the restaurant or cutting back on underperforming ones. • Back Office Efficiencies - Pay or schedule an unlimited amount of payments so they are always on time. Invoices can move from "approved" to "paid" in as little as two business days – automatically syncing to the accounting system and providing consistent proof of payment. Know which invoices have been paid and which are still outstanding – helping the prioritization of payments and more visibility into cash flow. • Flexible Payment Options - Customers have the option to pick from our vast network of over 55,000 industry-specific vendors or enroll their own vendors in electronic payments. [me] finance also takes care of the check writing, stuffing and sending – all for one flat rate, no additional fees or cost per invoice. • Automatic Vendor Credit Tracking - The first AP automation provider to track credits, making sure restaurants never pay a cent more than what they owe. • Multi-Unit Management - Streamline multi-unit management and ensure consistency across locations with one centralized platform for standardized payments. • POS and Accounting Integrations - Sales data is pulled nightly from a restaurant's POS along with bills marked as "Paid" and instantly exported to accounting software like QuickBooks, making it easy to reconcile payments and keep books up-to-date. The new product is available exclusively to bookkeeping and accounting firms for a flat fee of $100 per month per restaurant client based on an annual subscription. "Just as we fully understand the challenges of restaurant owners and operators, this new product is specifically designed to meet the needs of accountants and bookkeepers, saving an incredible amount of time and frustration, while offering insights to help their restaurant clients better track inventory, reduce waste and boost profits," said MarginEdge CEO Bo Davis. MarginEdge was recently recognized as one of The Americas' Fastest Growing Companies in 2023 by the Financial Times and on the 2022 Inc. 5000 Annual List. Best workplace awards in 2023 include Inc.'s Best Workplaces, The Washington Post Top Workplace and Washington Business Journal Best Places to Work. About MarginEdge MarginEdge's mission is to create a world where restaurant operators can focus on the business they love. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office and freeing restaurants to spend more time on their culinary offerings and guest experiences. The platform offers market-leading invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high impact product that resonates across the hospitality industry.

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PRnewswire | August 11, 2023

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Read More

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