SimpleOrder's Integration with Square Brings Automatic Inventory Management to Square’s Restaurant Customers

12/16/2016
SimpleOrder, an all-in-one online inventory management platform helping restaurants optimize operations through digitization, announced its integration with Square. The partnership gives restaurants selling with Square access to SimpleOrder’s newly launched Automated Inventory System, which calculates and manages inventory levels in real-time, based on purchasing and sales, streamlining restaurants’ entire Back-to Front operations. This helps businesses grow and succeed in an industry where 50% of restaurants are at risk of failing within their first 12 months.
 
The integration follows SimpleOrder’s recent $2.75 million series A funding announcement, the launch of its new Automated Inventory System and rapid company growth. The startup has increased its international client base to more than 1,700 locations including restaurants, chains and suppliers in 15 countries over the past year.
 
The restaurant industry remains almost unique in the retail world for its lack of systematic, digitized inventory tracking — leaving many managers and chefs in the dark regarding their real-time inventory. Many restaurants still handle stock counts with pen and paper — when it’s usually too late to make any critical adjustments or correct profit-slashing mistakes like over-ordering, over-portioning and leakage.
 
SimpleOrder is dedicated to optimizing restaurant operations with its one-of-a-kind platform that automatically reduces inventory levels each time a dish is sold, ingredient by ingredient, tracking stock levels digitally and simplifying purchasing in real time. This enables restaurants and chains to gain total control over their food costs.
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