Linked Eats is getting new revenue management features to connect with its technology, improve digital ordering and delivery.
Asset Consolidation
SCRIPTURES, Aug 6 2024 /PRNewswire/ — Linked Eats, a leading provider of third-party financial management software for restaurants, is proud to announce the successful acquisition of Sauce Technologies, a leader in AI-powered solutions for digital ordering. . Linked Eats will work with the Sauce Technologies teams to add new features to the marketing and search engine on its core platform. As third-party supply has reached its peak, restaurant operators have had to adapt but lack the tools to manage these critical channels the way they have for restaurants. Linked Eats provides users with a simplified and easy user interface, providing powerful revenue management tools to optimize, automate and manage their third party delivery business. This service is proven to enhance financial performance, reduce errors and improve service speed.
It was founded by AND graduates, Colin Webb and Nenye Anagbogu, Sauce Technologies specializes in revenue management technology for restaurants using third party services. The company’s flagship product offers industry-leading automation solutions that hundreds of restaurants have already adopted. Sauce Technologies’ consumer products take a sophisticated approach to driving traffic and revenue, including adjusting prices to drop and item by item based on demand and different dining times. By implementing these tools, restaurants have significantly increased orders and sales, and are using Sauce Technologies’ expertise to succeed in a competitive market.
“We are very excited to welcome the entire Sauce team to Linked Eats,” it said Robbie Earl, Chairman of Linked Eats. “As third-party supply reaches critical mass, we’re seeing a shift to a more lucrative market, and restaurants need new tools to thrive in this tough and competitive environment. Price This will add AI expertise to our team and departments and continue our leadership in developing and delivering these tools.”
Linked Eats will incorporate components of Sauce Technologies into its flagship platform, which provides information-driven solutions to help restaurants achieve higher profits in third-party properties, trusted by nearly 4,000 restaurants in more than 30 types of businesses. With Sauce Technologies, Linked Eats will have industry-specific, state-of-the-art AI and ML expertise, which will lead the technology to greater progress and success.
“We at Sauce are excited to join the Linked Eats team and scale the digital growth tools we’ve built for restaurants. Combining Linked Eats’ first operator systems with Sauce’s latest marketing automation platform and software creating a synergy that more than pays off means success for today’s and tomorrow’s food retailers,” added CEO and co-founder of Sauce Technologies Colin Webb.
Before joining Linked Eats, Sauce Technologies rose to prominence $3.6 million from well-known investors including Harlem Capital, Red Sea Ventures, Global Founders Capital and Rackhouse Ventures, a venture firm founded by Kevin Novak, the first head of Data Science at Uber. Sauce Technologies’ flagship product has a strong user base with hundreds of restaurants benefiting from its automation solutions. These tools have proven to be valuable in helping restaurants increase traffic and revenue by optimizing strategies against various factors such as demand, dependence on different items and dining times.
For more information on Linked Diets, visit linkdeats.io/.
ABOUT MAJANE KHOLO
Linked Eats is a leading provider of restaurant revenue management software, built by digital restaurants and technology experts, trusted by corporate customers. Linked Eats is an integrated technology platform designed to simplify and optimize the performance of third-party digital channels for restaurants. Linked Eats provides users with intelligence, optimization, and automation to drive revenue, improve yield management, and reduce costs with a streamlined, user-friendly platform using AI-driven tools across operations, marketing , pricing and reporting. Linked Eats is proven to improve financial performance, increase digital revenue, and reduce negative impacts from third-party errors and downtime. Linked Eats is currently trusted by 4,000 restaurants across more than 30 business types.
ABOUT THE SAUCE
Sauce is the leading platform for restaurants across digital ordering. Data-driven restaurants use Sauce to increase profits and online conversion rates, driving more traffic, revenue and profits for their locations. Sauce combines AI, automation, aggregate data, and management to allow restaurants to implement and test smart strategies that prevent price gouging and network restrictions. Hundreds of restaurants use Soso to find the right prices for their customers at the right time of day, automatically and easily. Whether it’s the ability to have program pricing for lunch vs. dinner, weekdays, happy hour vs. popular events, or updating all platforms to reflect recent changes -rao in food costs, Sauce makes it easy to scale new strategies everywhere. digital platform.
SOURCE Linked Eats
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