Smart tipping & dynamic pricing
Revenue-Driven Features For Hospitality Operators
The smart tipping model is devised to replace a routinely complicated and time-consuming task, and make tip distribution among staff a fairer and easier process. We also provide a dynamic pricing tool that allows operators to swiftly and seamlessly adjust menu items and their associated prices.
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A Better Tipping Model: Smart Tipping
GoTab’s Smart Tipping feature can easily recognize if the orders were placed by guests on their phones, or taken by servers, ultimately directing tips for the contactless orders into the tip pool, and tips for in-person orders to the server who took the order (or proportionally to multiple servers, if multiple staff are covering the same table/guests). This incentivizes servers to check in on guests and gives them a chance to upsell them on drinks or additional menu items. Operators can adjust the tip ratio as well and the tip outs are calculated automatically by the cloud-based system, making it easy to distribute tips among staff.
Dynamic Pricing
As the restaurant industry forges ahead, produce and ingredient prices have been fluctuating. Chefs and restaurateurs are continuously assessing costs and revenue, and need to be able to adjust pricing for menu items and ensure viable margins for their business. With GoTab’s dynamic pricing feature, businesses are able to update pricing in real time, giving them even more control over digital menu displays. They can also adjust their pricing based on demand, driving prices upward for busy services or downward to attract guests when the venue is slower.
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We will provide you with all the hardware and software you need to get set up.