ParTech, Inc., a main worldwide supplier of point of sale (POS) software and coordinated specialized answers for the restaurant and retail industries, has added Lineup, a sales and work estimating arrangement controlled by man-made reasoning, to its Brink POS integration ecosystem.
Lineup places the intensity of man-made brainpower into restaurant administrators' hands, permitting them to settle on more predictable and profit-centered choices about work and food. With top tier expectation ability and simple to-utilize highlights, Lineup gives restaurant administrators ideal, noteworthy, and exact bits of knowledge utilizing consistently improving forecast calculations.
“Quality insights are critical for restaurants in today’s fast-changing world, and Lineup’s ability to use machine learning to drive quicker, more informed decisions, make it a wonderful fit for our Brink POS integration ecosystem,” said Stephen Lee, Director of Strategic Partnerships at ParTech.
Through the intensity of machine learning, each restaurant on the Lineup stage gets its own custom prescient sales model that is refreshed day by day, driving consistent exactness improvement, and the capacity to quickly advance as outer elements change.
Lineup's highlights have never been a higher priority than they are presently, given the vulnerability encompassing COVID-19 and the feasible proceeded with sway it will have on restaurants later on. Truth be told, Lineup's prescient abilities have just gotten back to pre-COVID-19 exactness levels and will proceed to consequently advance over the long haul.
On roughly 33% of the entire days, restaurant sales are 20% above or underneath the 4-week moving normal, a usually utilized calculation for estimating sales. It's on nowadays that restaurants often wind up finished or under-staffed. By utilizing further developed calculations, outer climate and neighborhood occasion information, Lineup's expectations are up to 60% more precise on those days.
Features
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Hourly, daily and weekly sales and labor predictions that feed directly into simple, clean labor scheduling features.
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Daily and weekly tracking dashboards that compare hourly predictions to actuals in real-time, enabling proactive labor and food decisions through each day.
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Notifications that inform users if predictions change from when schedules are created
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Daily reflection that gives managers a platform to communicate why they believe actual sales differ from what Lineup predicted. These insights are used both to improve Lineup’s models, and to give restaurant leadership unprecedented visibility into the daily operations across all locations.
About Lineup
Lineup is a sales and labor forecasting solution fueled by historical sales data, hyper-local weather data and millions of local events. Lineup's advanced machine learning models accurately predict future sales and labor needs. When paired with our clean, simple scheduling features, and real-time progress dashboard, these predictions enable operators to make consistent, profitable decisions across all locations.
About PAR Technology Corporation
PAR Technology Corporation through its wholly owned subsidiary ParTech, Inc., is a customer success-driven, global restaurant and retail technology company with over 100,000 restaurants in more than 110 countries using its point of sale hardware and software. ParTech’s Brink POS integration ecosystem enables quick service, fast casual, table service, and cloud restaurants to improve their operational efficiency by combining its cloud-based POS software with the world’s leading restaurant technology platforms. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR.