Press release

Toast Introduces Payroll & Team Management for Restaurants

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Sponsored by Businesswire

Toast,
the fastest-growing restaurant management platform
in the U.S.,
today unveiled Toast
Payroll & Team Management
, an all-in-one payroll and HR solution
built specifically for the restaurant industry. The new solution
simplifies payroll and employee management for restaurants of all sizes
by automating payroll, streamlining onboarding, and reducing compliance
risk. When combined with Toast
Point of Sale
, Toast Payroll & Team Management’s point of sale
integration enables restaurateurs to instantly onboard and manage
employees, accurately track hours across locations, and ensure their
team is paid both accurately and on-time.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190514005150/en/

Toast Introduces Payroll & Team Management for Restaurants (Photo: Business Wire)

Toast Introduces Payroll & Team Management for Restaurants (Photo: Business Wire)

Simplified Payroll and HR for Restaurants
With Toast Payroll
& Team Management, Protein Bar & Kitchen—a restaurant concept with 19
locations across the U.S. in cities like Denver, Chicago, and
Washington, D.C.—digitized the employee onboarding experience,
systematized payroll, and empowered front line managers to help their
team progress and grow professionally.

“We used to spend over 10 hours per week managing payroll and auditing
hours worked for our team of more than 250 employees,” says Kevin
McTigue, Senior Finance Manager at Protein Bar & Kitchen. “With the
addition of Toast Payroll & Team Management, we reduced the time spent
on payroll runs by up to 60 percent. In addition, we streamlined
onboarding and eliminated paperwork so our front-line managers can focus
on developing their teams and delivering a great guest experience.”

Benefits of Toast Payroll & Team Management
Designed
from the ground-up to support restaurants of all sizes, Toast Payroll &
Team Management provides a rich set of features designed to simplify how
restaurants recruit, onboard, manage, and pay team members. New
capabilities include:

  • Streamlined employee onboarding:
    eliminate paperwork, reduce the risk of manual errors, and automate
    employee onboarding access within Toast Payroll & Team Management
  • Unified payroll and point of sale:
    employees clock in via Toast Point of Sale and hours automatically
    track—including blended overtime—so employees are paid accurately
  • Programmed compliance risk management:
    restaurateurs can easily navigate federal tax filings and
    state-specific regulations like New York’s “Spread of Hours Law” and
    California’s “Meal Break & Rest Break Law”
  • Integrated team development capabilities:
    with built-in features like applicant tracking and performance
    management, restaurateurs can recruit, manage and develop employees on
    a single system

“In an increasingly tight labor market, workforce management is a key
challenge that keeps the collective restaurant industry up at night. In
fact, almost two-thirds of Toast customers listed this as their top
challenge in the 2018
Toast Restaurant Success Report
,” said Steve Fredette, president and
co-founder of Toast. “Building on our deep knowledge of the restaurant
industry, Toast Payroll & Team Management provides a single system for
recruiting, onboarding, managing, and paying teams.”

Restaurant owners and operators can learn more about Toast and schedule
a personalized demo here.
See Toast Payroll & Team Management in action at the 2019 National
Restaurant Show at booth #6265, May 18-21.

About Toast
Launched in 2013, Toast powers successful
restaurants of all sizes with a technology platform that combines
restaurant POS, front of house, back of house and guest-facing
technology with a diverse marketplace of third-party applications. By
pairing technology with an unrivaled commitment to customer success,
Toast helps restaurants streamline operations, increase revenue and
deliver amazing guest experiences. Toast was named to the 2019 Forbes
Fintech 50, 2019 SXSW Interactive Innovation Finals, 2018 Forbes Cloud
100, and recognized as the third fastest-growing technology company in
North America on the 2017 Deloitte Fast 500. Learn more at www.toasttab.com.