Introducing the Tab Financial Operations Platform for Restaurants.

Restaurant cash flows are notoriously complex, difficult to control, and insecure – especially for fast-growing multi-unit groups. 

Some of the complexities include:

• Highly volatile revenue, 90%+ of which is quickly spent to cover expenses
• Managing 35+ vendors & service providers at each location
• Making thousands of payments every month via direct debit, card, check, and ACH
• Managing a scattered network of bank accounts, cards, AP, POS & accounting systems

Restaurants are losing over $55k in annual profit per location because of these complexities. 

Accounting & accounts payable systems are not the solution to these issues. They only cover a portion of the cash flow and are siloed from the actual money. They require costly upkeep, delay visibility by weeks, provide only passive control, and lock 25%+ of operating cash in 4-7 day ‘payment processing’ windows (where some platforms generate significant yield revenue from).

The Tab Financial Operations Platform for Restaurants

Tab is a single platform for restaurants to completely manage their operating cash flows and spending across all locations in real-time. 

Tab securely sits between revenue systems and primary bank accounts. Cash flows in from POS systems into unique virtual operating accounts for each location, starts earning 2% APY instantly, and pays expenses seamlessly, with excess cash flows being routed directly into primary bank accounts. Cash can also flow into Tab from primary bank accounts to pay expenses.

Restaurants get up to 100 virtual operating accounts with instant internal transfers, corporate cards, same-day vendor payments, and more - all synced with accounting systems. 

Tab's unified financial operations platform empowers restaurant operators to:

• Enhance security: isolate spending & vendor access away from primary bank accounts
• Unify cash flows: get one place to manage operating cash flows from sale to profit
• Control spend: enable card limits, authorize direct debits, get real-time alerts, and more 
• Simplify expenses: unify all expense payment methods into a single place 
• Optimize cash: instantly move cash internally & pay vendors with same-day ACH
• Gain visibility: see all revenue and expenses across every location in real-time
• Save time: capture receipts from employees and auto-sync to accounting systems 
• Grow profits: earn unlimited 2% APY on cash and 1% cash back on corporate card

Today, hundreds of fast-growing restaurant groups are using Tab to better manage operating cash flows, enhance financial security, simplify spending, save time, and grow profits. 

Activate your account today in just 15 minutes, and fully ramp up in less than one week with the support of our onboarding team.

Learn more about Tab by visiting tabcommerce.com/demo or get started today at tabcommerce.com/start.

--------------

Tab Commerce partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank, Member FDIC. Tab Visa® Commercial Credit cards are powered by Stripe and issued by Celtic Bank.Yield paid by Tab related to cash balances held in virtual operating accounts is subject to change over time without notice based on prevailing market conditions. Today's yield rates reflect the Annual Percentage Yield (APY) paid by Tab to customers, where payments are completed on a monthly basis according to daily cash balances held over the prior calendar month.

1. Our calculations are based on platform data from cash back, fraud reduction, spend controls, and time savings in addition to industry research, customer feedback, and info on alternative options. Your actual savings may vary.

2. Our calculations are based on platform data from automated invoice & receipt reconciliation, streamlined vendor payments, and accounting integrations in addition to industry research, customer feedback, and info on alternative options. Your actual time savings may vary.

3. Calculations based on average savings of 7%⁽¹⁾ of total costs times the average annual spend of a single restaurant of $500,000, which is based on platform data and industry research.