Fourth Adds HR, Payroll Services
Fourth announced the launch of its full-service HR, benefits and payroll services in the U.S. market.
In addition to its complete hospitality operations platform with sales forecasting, scheduling, purchase-to-pay & inventory capabilities, Fourth now offers full-service payroll, benefits and HRO services, following its recent acquisition of Choice HR. By combining the power of its advanced hospitality management technology with deep HR expertise, Fourth enables operators to simplify their processes, optimize profits and improve employee engagement all while managing complex HR and payroll compliance.
According to the latest data from the Bureau of Labor Statistics, the turnover rate in the restaurant industry hovers around 70%. In addition to workforce management challenges and day-to-day operations, restaurant operators are also spending countless hours navigating increasingly complex HR and compliance issues. Traditionally, operators have relied heavily on multiple technology platforms, or paper and spreadsheets, to manage these tasks, resulting in unmanageable amounts of siloed data. Fourth’s hospitality operations platform provides visibility across the entire business in real time.