May 16, 2019
Toast Inc., a restaurant management platform, has introduced Toast Payroll & Team Management, a solution that simplifies payroll and employee management for restaurants by automating payroll, streamlining onboarding and reducing compliance risk. When combined with Toast Point of Sale, Toast Payroll & Team Management's point-of-sale integration enables restaurateurs to instantly onboard and manage employees, track hours across locations and ensure their team is paid accurately and on time, according to a press release.
The 19-location restaurant concept, Protein Bar & Kitchen, used Toast Payroll & Team Management to digitize the employee onboarding, systematized payroll and empowered front-line managers to help their team progress.
"We used to spend over 10 hours per week managing payroll and auditing hours worked for our team of more than 250 employees," Kevin McTigue, senior finance manager at Protein Bar & Kitchen, said in the press release. "With the addition of Toast Payroll & Team Management, we reduced the time spent on payroll runs by up to 60%. In addition, we streamlined onboarding and eliminated paperwork so our frontline managers can focus on developing their teams and delivering a great guest experience."
New capabilities include:
Streamlined employee onboarding: Eliminate paperwork, reduce the risk of manual errors and automate employee onboarding access.Unified payroll and point of sale: Employees clock in via Toast Point of Sale and hours are automatically tracked — including blended overtime — so employees are paid accurately.Programmed compliance risk management: Restaurateurs can navigate federal tax filings and state-specific regulations like New York's "Spread of Hours Law" and California's "Meal Break & Rest Break Law."Integrated team development capabilities: With built-in features like applicant tracking and performance management, restaurateurs can recruit, manage and develop employees on a single system."In an increasingly tight labor market, workforce management is a key challenge that keeps the collective restaurant industry up at night. In fact, almost two-thirds of Toast customers listed this as their top challenge in the 2018 Toast Restaurant Success Report," said Steve Fredette, Toast president and co-founder, in the release.
Topics: Mobile Payments, Restaurants, Technology Providers
Companies: Toast, Inc.
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