Tab begins rolling out access to its end-to-end expense management platform for restaurants
Tab Commerce begins rolling out access to its end-to-end expense management platform built for restaurants
3 min read
Restaurants today are facing battles against cost inflation, labor shortages, tightening margins, economic uncertainty, and more. The Tab Platform is designed to help restaurants fight and win these battles.
Since launching into Beta in November, the Tab Platform has processed $10s of millions of invoices and supplier payments - saving our restaurant partners critical time and money while providing more control and visibility over their business.
Now, we’re excited to begin rolling out expanded access to our end-to-end expense management platform built for restaurants in the coming weeks. With this roll out, we have two powerful products built into the platform and another launching Q2 2023:
- Invoice Management & Accounts Payable
- Analytics, Insights & Reporting
- Tab Savings Engine (coming Q2 2023)
Invoice Management & Accounts Payable
With the most automated and intuitive invoice management and A/P product purposefully designed for restaurants, we’re eliminating 90%+ of the manual back-office desk work associated with receiving, managing and paying supplier invoices.
Tab automatically captures all invoices directly from the supplier - meaning our platform is always 100% up-to-date with zero extra work on the restaurant (no messing around with manual invoice upload and bad OCRs). Paired with a 5-minute onboarding process - restaurants can unlock real benefits on Day 1 without any upfront or ongoing cost.
Analytics, Insights & Reporting
Our intelligent analytics, insights & reporting product pulls the invoice data to provide restaurants with full visibility and control over their expenses - again, without any extra work.
Tab provides meaningful, focused analytics and expense breakdowns within our Dashboard, our weekly emailed ‘Monday Report’, custom SMS notifications, and other insights like price changes and cash flow trends. Tab also automates data workflows for restaurants like pushing invoices into accounting software or to a bookkeeper, and much more.
Tab Savings Engine
Over the next few months, we’ll begin rolling out access to the Tab Savings Engine. A fully automated product to help restaurants maximize their rebates and savings with intelligent purchase suggestions and seamless, digital rebate disbursement. More details coming soon.
From independent restaurants to large multi-unit restaurant groups - get in touch to learn more about the Tab Platform.