Plate IQ Integrates with Square's POS System
Accounts payable (AP) solutions provider Plate IQ announced its integration with Square for Restaurants, the new fully integrated point of sale (POS) solution from Square Inc. Plate IQ's Daily Sales software allows restaurants to automatically input guest payment data from Square for Restaurants into many existing accounting software platforms and create valuable summaries of daily transactions, alleviating the typical manual-entry demands placed on general managers.
The integration allows restaurant operators to:
- Automatically attribute daily sales to the correct general ledger account for more accurate and detailed bookkeeping.
- Review revenue from multiple locations on a single screen, without having to rely on general managers to input data.
- Fully integrate sales data with Plate IQ's full suite of software, including its AP automation features, to access real-time sales and purchase reporting that empowers restaurateurs to estimate their cost of goods sold.
Plate IQ solutions are specifically designed to help restaurants optimize their operations, unlock actionable expense data and reduce costs. Plate IQ Daily Sales integrates with existing accounting software including QuickBooks Online, Sage Intacct and Xero.
Square for Restaurants is a cloud-based POS system that handles everything from menu updates, floor layouts, employee scheduling and performance tracking to tip-splitting, enabling complete front- and back-of-house management. Square for Restaurants works seamlessly with the rest of the company’s ecosystem, including its Caviar ordering and delivery service.
Plate IQ will display its full suite of solutions including its integration with Square at the National Restaurant Association Show at McCormick Place in Chicago at booth 6379.