STOCK TITAN

KICKFIN, THE LEADING TIP MANAGEMENT SOFTWARE, ANNOUNCES NEW INTEGRATION WITH SKYTAB

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Kickfin, the leading tip management software, has announced a new integration with SkyTab, Shift4's restaurant point-of-sale (POS) solution. This integration allows restaurants using SkyTab to auto-calculate tip pools and send payouts directly to employees' bank accounts, eliminating the need for cash or pay cards. The partnership aims to modernize tip management for restaurants, streamlining operations and ensuring accuracy and compliance.

SkyTab POS offers a comprehensive suite of features, including online ordering, contactless payments, and built-in marketing tools. The integration with Kickfin enables complex tip policy calculations based on various factors such as roles, shifts, and sales categories. Kickfin's system provides robust payment tracking and reporting capabilities, simplifying accounting processes for restaurant managers.

Loading...
Loading translation...

Positive

  • Integration with SkyTab POS expands Kickfin's market reach
  • Automation of tip calculations and payouts reduces manual work for managers
  • Direct bank transfers improve efficiency and employee satisfaction
  • Enhanced tracking and reporting features ensure compliance and accuracy

Negative

  • None.

News Market Reaction 1 Alert

+2.04% News Effect

On the day this news was published, FOUR gained 2.04%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUSTIN, Texas, Aug. 6, 2024 /PRNewswire/ -- Kickfin, the leading tip management software, today announced it has integrated with SkyTab, the leading restaurant point-of-sale (POS) solution from Shift4. This new integration will allow restaurants using SkyTab to auto-calculate tip pools or shares and send payouts directly to their employees' bank of choice — no cash or pay cards required.

Brands like Marco's Pizza, Dave & Buster's, Beef 'O' Brady's and Bar Louie use Kickfin to modernize their tip management. Easy to use and endlessly customizable, Kickfin eliminates tedious tip calculations and removes cash from the payout process, so managers can move faster, track everything, and ensure accuracy and compliance.

SkyTab POS is a best-in-class restaurant technology solution designed to streamline operations, simplify business management, and improve the guest experience. It includes integrated online ordering and reservations, contactless/QR code ordering and payment, built-in marketing tools and loyalty program, mobile devices for tableside ordering and payment, comprehensive reporting, and much more.

"As an all-in-one restaurant platform, SkyTab has helped tens of thousands of restaurants modernize and optimize their operations," said Jay Shavitz, Shift4's SVP of SkyTab Product. "Kickfin is a valuable addition to our marketplace, helping SkyTab customers realize significant time and cost savings by simplifying and improving the tip payout process."

Kickfin's SkyTab integration makes it easy to build highly complex tip policies and calculate tips based on roles, shifts, hours worked, points, sales categories and more. SkyTab customers can distribute tips directly to their staff's bank of choice; funds arrive in a matter of seconds — 24/7, 365.

Kickfin's best-in-class capabilities include robust payment tracking, so managers can maintain an electronic "paper trail" for every tip-out, as well as the calculations used to determine the tip amounts. Reports can easily be pulled by pay period for simple, streamlined accounting.

"With fewer cash transactions than ever before, digitizing tip management has become table stakes. Now the question is: Are you digitizing tip management in the best possible way?" said Brian Hassan, the co-CEO of Kickfin. "This integration gives thousands of SkyTab customers the power to fully automate their tip distribution process so they can save time, reduce risk, ensure compliance — all while making life easier for restaurant managers and their employees."

About Kickfin
Ranked the #1 tip distribution software, Kickfin gives restaurant pros the power to tip out their whole team in 60 seconds. Thousands of restaurants use Kickfin to automate complex tip calculations and send real-time payouts directly to their employees' bank of choice, no cash (or math!) required. Save time, track everything — and make tip payouts the best part of everyone's day. For more information about Kickfin, visit kickfin.com.

About Shift4
Shift4 (NYSE: FOUR) 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. For more information, visit shift4.com.

KEELY HUNGATE
KICKFIN
keely@kickfin.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kickfin-the-leading-tip-management-software-announces-new-integration-with-skytab-302215607.html

SOURCE Kickfin

FAQ

What is the new integration announced by Kickfin for tip management?

Kickfin has integrated with SkyTab, a restaurant point-of-sale solution from Shift4, allowing restaurants using SkyTab to auto-calculate tip pools and send payouts directly to employees' bank accounts.

How does Kickfin's integration with SkyTab benefit restaurants?

The integration automates tip calculations, eliminates cash handling, streamlines payouts, ensures accuracy and compliance, and provides robust tracking and reporting features for restaurant managers.

What features does SkyTab POS offer to restaurants?

SkyTab POS offers integrated online ordering, reservations, contactless ordering and payment, built-in marketing tools, loyalty programs, mobile devices for tableside ordering, and comprehensive reporting.

How does Kickfin's tip distribution system work with SkyTab?

Kickfin's system allows for complex tip policy calculations based on roles, shifts, hours worked, and sales categories. It then distributes tips directly to staff bank accounts, with funds arriving within seconds, 24/7.
Shift4 Payments Inc

NYSE:FOUR

FOUR Rankings

FOUR Latest News

FOUR Latest SEC Filings

FOUR Stock Data

4.40B
65.89M
2.41%
133.95%
18.26%
Software - Infrastructure
Services-business Services, Nec
Link
United States
CENTER VALLEY