A management solution covering payment solutions, queue management, guest management and data & insights to streamline operations and increase revenue
Revenue share models are increasingly popular at events and venues. Vendors are leaning less and less towards upfront pitch fees as it’s a riskier business decision.
Working with revenue share models means that the commission vendors give away is fully dependent on their sales volumes. It’s an unbiased way of working as no party is at a loss, and everyone works towards the same goal – higher sales.
It’s a win-win situation
Set up sites and add multiple vendors – whether they are part of your team, or external independent vendors. Get visibility across every site’s performance, and every vendor’s sales, at all times.
Give vendors the tools they need to take cash, card and online payments. Our solutions cover everything from EPOS, to MPOS, to branded apps and e-commerce solutions, which all feed into one reporting backend system.
Connect multiple users such as site owners, sponsors, and promoters to the site. Manage payments by splitting costs and revenues with each vendor and user by payment type. Let the platform do the number crunching for you and have the commission %’s split instantly to each account.
Working with multiple vendors is no easy task, as each one has their own way of working which becomes complex when you need to standardise your operations and ensure there is consistency across vendors.
Winning new business can be difficult with requirements coming left, right and centre from the site owners, and competition in the space increasing by the day. How can you stand out and make sure you’re the one who wins the tender?
When working with multiple individual businesses at your site, you want to ensure there is consistency and standardisation. You definitely don’t want one vendor selling the same item at a more expensive price tag than the one next to him.
When scaling a business and allowing others to expand your offering to other locations, you want to make sure two things are happening. One, that you can have clear visibility of their sales, and two, that you get your money accurately and on time.
Street food is growing rapidly in the UK. In this food scene, there are constant new pop ups, quick vendor turnover, and many involved parties from venue owners, to contract caterers, and therefore a flexible solution is needed. Easily bring in new vendors and set them up on revenue share models.
The investment put into a large scale festival is grand. Various players, like the promoters, sponsors, event management companies, catering management companies, and vendors, all work towards the same outcome – happy customers and revenue. Using our platform, you can connect multiple accounts, and make sure money is split instantly as needed for each sale on food and drinks.
It is often the case in food halls, for a single POS system to be used. Why? Because it is important to know what is being sold, to who and how. But then there is a finance department that is invoicing every week, every month, and chasing for payments. Let’s put an end to this and split payments at source.
Owning large sites or multiple sites is hard. Catering management teams are brought in to help, but the site owners often lack the visibility. With our platform, collecting fees from vendors is made simple. Stay on top of your numbers and reduce risk on credit facilities.
