Upserve Buys SimpleOrder to Build Inventory Management Into Its POS
Photo Caption: Park City, Utah restaurant Vessel Kitchen decreased its food costs by 11 percent with Upserve Inventory, according to co-founder Brian Reeder.
Skift Take
Upserve's acquisition and subsequent implementation of SimpleOrder technology speaks to a larger trend: point of sale companies will continue to acquire smaller, niche technical operations in order to build out their products.
Upserve, a cloud-based point of sale and restaurant management software company, has acquired inventory management software company SimpleOrder, integrating its technology into the Upserve product. The new functionality, which will be rolled out to all operators on the Upserve platform, allows restaurateurs to see food costs in real time, automated inventory management, and one-click purchasing from large, national vendors and smaller, local merchants, too.
Upserve CEO Angus Davis said that customers who use Upserve Inventory, as the product is named, can expect to save between 30 and 50 hours per month and 5 to 8 percent improvement in their margins, acco
