XTM Launches Stand Alone Tip Pool & Tip Share Automation Product
XTM, Inc. has launched new Tip Pool and Tip Share software solutions that can integrate with any time and attendance or POS platform. This innovation allows restaurant operators to implement the system within hours of registration. The software automates tip calculations and distributions, promoting efficiency and transparency for staff. CEO Marilyn Schaffer emphasized the importance of proper tip allocation in the hospitality sector, which can be legally sensitive. XTM aims to enhance operational efficiency with its technology-agnostic solutions, addressing the needs of various hospitality businesses.
- Launch of Tip Pool and Tip Share software enhances operational efficiency.
- Technology-agnostic solution allows quick setup without integration requirements.
- Automated calculation and distribution of tips saves time and improves transparency.
- None.
Company Responds to High-Demand for
“The technology-agnostic premise upon which our
“Proper Tip allocation is critical to operators and staff; if not done correctly it can be a highly litigious function within hospitality organizations,” said
About XTM
XTM, www.xtminc.com, is a
This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (the “forward-looking statements”), within the meaning of applicable Canadian securities legislation, including expected performance of XTM, the expectation that businesses with which XTM does business or have committed to do business will in the expected timeline, the continuing trend toward electronic payment methods, that the integrations will attract new business owners to use the Today program, and the general conditions and revenues of XTM. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect," "plan," "anticipate," "project," "target," "potential," "schedule," "forecast," "budget," "estimate," "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will," "would," "may," "could," "should" or "might" occur. While XTM can make best efforts to estimate when businesses will re-open or back to pre-Covid 19 business levels there are no guarantees this will happen in the time the Company expects or if at all. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur.
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E: finance@xtminc.com
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