KICKFIN, THE LEADING TIP MANAGEMENT SOFTWARE, ANNOUNCES NEW INTEGRATION WITH SKYTAB
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.
Kickfin, il principale software per la gestione delle mance, ha annunciato una nuova integrazione con SkyTab, la soluzione di punto vendita (POS) per ristoranti di Shift4. Questa integrazione consente ai ristoranti che utilizzano SkyTab di calcolare automaticamente i pool di mance e inviare i pagamenti direttamente ai conti bancari dei dipendenti, eliminando la necessità di contante o carte di pagamento. La partnership mira a modernizzare la gestione delle mance per i ristoranti, semplificando le operazioni e garantendo precisione e conformità.
SkyTab POS offre una suite completa di funzionalità, tra cui ordinazioni online, pagamenti senza contatto e strumenti di marketing integrati. L'integrazione con Kickfin consente calcoli complessi delle politiche di mancia basati su vari fattori come ruoli, turni e categorie di vendita. Il sistema di Kickfin fornisce robuste capacità di tracciamento dei pagamenti e reportistica, semplificando i processi contabili per i gestori dei ristoranti.
Kickfin, el software líder en gestión de propinas, ha anunciado una nueva integración con SkyTab, la solución de punto de venta (POS) de Shift4 para restaurantes. Esta integración permite a los restaurantes que utilizan SkyTab calcular automáticamente los grupos de propinas y enviar los pagos directamente a las cuentas bancarias de los empleados, eliminando la necesidad de efectivo o tarjetas de pago. La asociación tiene como objetivo modernizar la gestión de propinas para los restaurantes, simplificando las operaciones y asegurando precisión y cumplimiento.
SkyTab POS ofrece un conjunto completo de características, que incluye pedidos en línea, pagos sin contacto y herramientas de marketing integradas. La integración con Kickfin permite cálculos complejos de políticas de propinas basados en varios factores como roles, turnos y categorías de ventas. El sistema de Kickfin proporciona sólidas capacidades de seguimiento de pagos e informes, simplificando los procesos contables para los gerentes de restaurantes.
Kickfin, 최고의 팁 관리 소프트웨어가 Shift4의 레스토랑 판매 시점( POS) 솔루션인 SkyTab과의 새로운 통합을 발표했습니다. 이 통합을 통해 SkyTab을 사용하는 레스토랑은 팁 풀을 자동으로 계산하고 직원의 은행 계좌로 직접 지급할 수 있어 현금이나 급여 카드의 필요성이 없습니다. 이 파트너십의 목표는 레스토랑의 팁 관리 현대화로, 운영을 간소화하고 정확성과 규정을 보장하는 것입니다.
SkyTab POS는 온라인 주문, 비접촉 결제 및 통합 마케팅 도구를 포함한 종합적인 기능 세트를 제공합니다. Kickfin과의 통합은 역할, 근무 교대 및 판매 카테고리와 같은 다양한 요소를 기반으로 복잡한 팁 정책 계산을 가능하게 합니다. Kickfin의 시스템은 강력한 결제 추적 및 보고 기능을 제공하여 레스토랑 관리자에게 회계 프로세스를 단순화합니다.
Kickfin, le logiciel de gestion des pourboires leader sur le marché, a annoncé une nouvelle intégration avec SkyTab, la solution de point de vente (POS) pour restaurants de Shift4. Cette intégration permet aux restaurants utilisant SkyTab de calculer automatiquement les pools de pourboires et d'envoyer les paiements directement sur les comptes bancaires des employés, éliminant ainsi le besoin de liquide ou de cartes de paiement. Ce partenariat vise à moderniser la gestion des pourboires pour les restaurants, simplifiant les opérations et garantissant précision et conformité.
Le POS SkyTab propose une suite complète de fonctionnalités, y compris les commandes en ligne, les paiements sans contact et des outils de marketing intégrés. L'intégration avec Kickfin permet des calculs complexes des politiques de pourboire basés sur divers facteurs tels que les rôles, les équipes et les catégories de vente. Le système de Kickfin offre de solides capacités de suivi des paiements et de reporting, simplifiant les processus comptables pour les gestionnaires de restaurants.
Kickfin, die führende Software zur Verwaltung von Trinkgeldern, hat eine neue Integration mit SkyTab, der Restaurant-POS-Lösung von Shift4, angekündigt. Diese Integration ermöglicht es Restaurants, die SkyTab verwenden, Trinkgeldpools automatisch zu berechnen und Zahlungen direkt auf die Bankkonten der Mitarbeiter zu überweisen, wodurch die Notwendigkeit von Bargeld oder Zahlungskarten entfällt. Die Partnerschaft zielt darauf ab, die Verwaltung von Trinkgeldern zu modernisieren, um die Abläufe zu optimieren und Genauigkeit sowie Compliance sicherzustellen.
Das SkyTab-POS-System bietet eine umfassende Suite von Funktionen, darunter Online-Bestellungen, kontaktlose Zahlungen und integrierte Marketing-Tools. Die Integration mit Kickfin ermöglicht komplexe Berechnungen der Trinkgeldpolitik, die auf verschiedenen Faktoren wie Rollen, Schichten und Verkaufsarten basieren. Kickfins System bietet robuste Zahlungs-Tracking- und Berichtsfunktionen, die die Buchhaltungsprozesse für Restaurantmanager vereinfachen.
- 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
- None.
Insights
The integration of Kickfin with SkyTab POS represents a significant advancement in restaurant financial technology. This partnership addresses a critical pain point in the industry: efficient tip management. By automating tip calculations and distributions, restaurants can potentially reduce labor costs associated with manual processes and minimize errors that could lead to compliance issues.
From an investor perspective, this integration could drive increased adoption of both Kickfin and SkyTab solutions. The combined offering enhances the value proposition for restaurants, potentially leading to higher customer acquisition and retention rates for both companies. Moreover, the move towards digital tip management aligns with the broader trend of cashless transactions, which could accelerate the product's market penetration.
While specific financial figures aren't provided, the partnership with established brands like Marco's Pizza and Dave & Buster's suggests a strong market validation for Kickfin's solution. Investors should monitor for potential revenue growth and market share expansion in the restaurant technology sector as a result of this integration.
This integration addresses a critical operational challenge in the restaurant industry. Tip management has long been a time-consuming and error-prone process for managers. By automating this task, restaurants can significantly improve operational efficiency and reduce the risk of compliance issues related to tip distribution.
The ability to send tips directly to employees' bank accounts is particularly noteworthy. This feature can enhance employee satisfaction by providing faster access to their earnings and eliminating the need for cash handling. In an industry grappling with high turnover rates, such benefits could contribute to improved employee retention.
Furthermore, the customizable nature of Kickfin's solution allows restaurants to implement complex tip policies easily. This flexibility is important in an industry where tip distribution practices can vary widely. The integration with SkyTab's comprehensive POS system creates a more holistic restaurant management solution, which could be a significant selling point for businesses looking to streamline their operations across the board.
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
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SOURCE Kickfin
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