Onbe, which specialises in modern corporate payout platforms, has teamed up with TimeForge, a comprehensive labor management system catering to the retail and food service industries.
The primary objective of this partnership between Onbe and TimeForge is to revolutionise the traditional, cash-heavy tip payout process in restaurants. By harnessing Onbe’s digital payout capabilities and integrating them with TimeForge’s labor management solutions, this collaboration aims to offer a more efficient, secure, and modern approach to managing and distributing tips to employees in the food service industry.
TimeForge specialises in labour management solutions, providing tools for employee scheduling, timekeeping, and overall labor analytics tailored for the retail and food service sectors. Its systems are designed to enhance operational efficiency and employee management in these fast-paced industries.
Onbe, with its roots firmly planted in the FinTech sector, offers innovative solutions for corporate payouts. Its platform is known for streamlining B2C payment operations, offering secure, digital, and instant payment options, making it a go-to for companies across various scales, including Fortune 500 clients.
This new partnership stands to benefit approximately 840,000 employees across 14,000 restaurants, grocery stores, and retail groups. By integrating TimeForge’s tip-tracking solution with Onbe’s digital payout options, this collaboration not only simplifies the tip distribution process but also aligns with the current trend of digitalization in the restaurant industry.
The partnership extends to Custom Business Solutions (CBS) customer locations, adding an extra layer of convenience and efficiency. This integration with various POS platforms like NorthStar, Micros, Aloha, and POSitouch, further simplifies the tip calculation and distribution process, aligning with the increasing preference for digital and electronic payment methods in the restaurant industry.
Onbe CEO Bala Janakiraman said, “Payout choice is fundamental to Onbe’s offerings – empowering individuals with the secure, fast and convenient options they want while enabling businesses to easily manage those payouts, reducing risk and complexity.
“We’re proud to partner with TimeForge in helping evolve a traditionally cash-heavy process to deliver in-demand digital payout experiences, starting with the restaurant industry, making tip distribution fast and seamless.”
TimeForge CEO Anthony Presley remarked, “In recent years, restaurants have embraced digital technology, with advances in food delivery and payment acceptance leading to transformative results, and the instant payment experience from TimeForge and Onbe is an extension of that push to modernize the industry.
“We are proud to work with Onbe to make the payout experience more convenient for both restaurants and their staff and we look forward to seeing our customers experience less turnover and faster hiring as a result.”
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