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Automatic

2375 posts

REPORT: Nearly 80% of STR Say ‘No’ to Traditional Property Managers

💰 Tapcheck, an on-demand pay provider, secured $225 million in financing, including a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital. Founded in 2019 by Ron and Kayling Gaver, Tapcheck integrates with nearly 300 payroll systems and has processed over $1 billion in early wage funding for employees at 12,000 locations. The company is known for aiding 112,000 McDonald's employees and has an 'Excellent' Trustpilot rating. The new funding will develop products and expand AI capabilities to improve early wage access solutions.
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  • 3 min

How B&G Food Manages Invoices for 150 Restaurants with Ottimate

💾 B&G Food Enterprises, Taco Bell's largest franchisee in Louisiana with 150 locations and 3,000 employees, faced a challenge managing thousands of invoices weekly among franchises in Louisiana, Texas, and Mississippi since 1982. The AP department processed 700 invoices per week manually, a time-consuming task with complex tax rates and formats. They adopted Ottimate for invoice automation, which resulted in a 92% reduction in processing time, saving 46 hours monthly. Now, 90% of their old imaging system is obsolete, and invoice processing dropped from 60 seconds to 5 seconds per invoice.
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  • 5 min

POS Software in 2025: Key Trends and Features on the Horizon

📊 Square introduced Square Kiosk in 2024, a solution combining hardware, software, and payments for fast-moving restaurants, along with features like Bar Tabs and Instant Payouts. Tabit in 2024 enhanced its POS with smarter tools for multi-location restaurants, while in 2025, plans to expand its Loyalty platform and integrate AI-powered insights. Toshiba's ELERA, also in 2024, advanced POS with AI, IoT, and computer vision for intuitive transactions in hospitality venues. TRAY enhanced its POS in 2024 for flexible transactions and seamless operations, even offline, and aims to introduce richer in-kitchen capabilities and AI assistance in 2025.
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  • 2 min

Data-Driven Decisions: Restaurant Tech Leaders React to Key Findings from HT’s 2025 Study

💻 Generative AI's potential in customer service is seen as a "no brainer," with sentiment detection being a key differentiator. Optimizing staff workflow by assigning AI to repetitive tasks can improve customer interactions and staff mood. AI in training can help retain staff amidst high turnover rates. Strategic partnerships and robust network infrastructure are critical for leveraging AI efficiently, with panelists advising operators to collaborate with experienced vendors and ensure a solid technical foundation for new technologies.
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Donatos Pizza Adds Voice Ordering

💸 Tapcheck, an on-demand pay provider founded in 2019 by Ron and Kayling Gaver, secured $225 million in equity and debt financing, supported by PeakSpan Capital and Victory Park Capital. The company integrates with nearly 300 payroll systems, has facilitated over $1 billion in early wage funding, and serves 12,000 employer locations. Employers report a 50% improvement in retention, and 70% of employees experience reduced financial stress. Tapcheck offers services to companies like Hilton and Taco Bell and has disbursed over $160M in advance wages to 112,000 McDonald’s employees. The funding will aid in developing new products, enhancing Tapcheck's Mastercard offering, and expanding AI capabilities.
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Fourth Unveils the Restaurant Operations Suite:

💸 Tapcheck, an on-demand pay provider, secured $225 million in equity and debt funding. Founded in 2019 by Ron and Kayling Gaver, the company has over 300 payroll and timekeeping system integrations. Employers report a 50% increase in retention, and 70% of employees feel less financial stress using Tapcheck. The service has processed over $1 billion in early wage access, serving 12,000 employer locations, including major companies like McDonald's, with 112,000 employees accessing over $160 million in wage advances. The latest funding consists of a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility by Victory Park Capital. The funds will enhance Tapcheck's products, including its Mastercard offering and AI capabilities, reinforcing its leadership in earned wage access solutions.
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Presto Launches Phone Ordering Business Unit

💰 Tapcheck, founded in 2019 by Ron and Kayling Gaver, secured $225 million in funding. The company offers on-demand pay, integrating with nearly 300 payroll systems, and is used by employers like Hilton and McDonald's. It boasts over 50% employee retention improvement, has facilitated over $1 billion in early wage funding, and served 12,000 employer locations. The latest financing includes a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital.
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