Restaurants
Minimise your tip administration.
Reduce or eliminate the costs of managing cash.
Enable your waiters and kitchen staff to access their tips as they need.
Restaurants make ONE payment per month for all tips.
Restaurant workers
We empower restaurant workers to improve their lives by providing advance access to gratuities on an as earned and as needed basis, to reduce their reliance on cash and provide them with a multi-function wallet. The system extends gratuity sharing to back office and kitchen staff as required.
We enable restaurants to minimise their gratuity administration, improve their cash flows, reduce the costs of carrying cash and ensure all workers are equitably treated.
Facts
01
Cash is disappearing as a form of payment in restaurants.
02
Managing gratuities is a high cost, high administration process.
Differentiating Factors
Taking the pain away
Gratuity management and payment made super easy for the restaurant and the staff.
Our Customers
Successful restaurants in South Africa.
Restaurant staff who get access to their earnings as soon as they earn them.
Costs Savings
Clear savings and massive improvements in efficiency for the restaurant, convenience and transparency for the restaurant workers.
Features
Restaurant POS
We receive daily tips data into our service from the restaurant POS systems.
Mobile App
Restaurant worker can view tips and transfer to various accounts including bank accounts, retail store and cardless cash at ATM.
Restaurant Admin
Manage all tips and processing of tips from our POS integrated online solution.
One Payment
Restaurant makes ONE monthly payment for all tips at the end of each month.
Why Choose Us
Restaurant Staff
- Instant access to tips earned
- Full transparency
- Advances as needed
- Pay bills
- Transfer to bank
- Draw cash at recognized vendors
- No need for expensive or risky loans.
- No surety needed
- MFA to protect earnings
Restaurant
- Improve cash flow
- One payment at end of month
- Limit cash drawings
- No loan requests
- Reduce insurance costs of carrying cash
- Reduce cash deposit costs
- No daily/weekly/monthly gratuity pay-outs
- Satisfied workers
- Ensure equity across all staff - Waiters, kitchen and back office.
advanceX Restaurant
Benefits
UNIQUE
Only product specifically dedicated to this niche market.
FIRST TO MARKET
Never been done before, perfect time, perfect design.
HARD TO COPY
High barrier to entry, specialised knowledge and systems integration.
Application
Restaurant Staff
Advances, transfers, Payments, reporting
Restaurant
Setup and reporting