Online food and grocery platform foodpanda and software company TabSquare are joining hands to empower restaurants with artificial intelligence (AI)-powered
The collaboration is part of a region-wide partnership including other Asian markets like Singapore, Malaysia, and Taiwan to help restaurant partners digitize their ordering, payment, and customer engagement-related processes.
With TabSquare’s Smart QR solution, foodpanda’s vendor partners can automate tasks, including order processing and payments, while ensuring enhanced profitability. It also contributes to labor savings by minimizing order errors and reducing staff workload. Restaurant owners can review the transactions via TabSquare’s analytics, which provides valuable insights to support partners in improving menu items, pricing, and promotions, among other things. “This enables restaurant owners to identify trends, and personalize subsequent experiences based on customers’ purchasing history,” Yanga said.
According to foodpanda and TabSquare’s data, restaurants using this digital solution can see up to 10% higher bill sizes, up to 50% reduction in staff costs, and better customer satisfaction. At the same time, restaurants on foodpanda see an average of at least a 10% uplift in business performance since joining the platform.
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foodpanda, TabSquare to offer AI-driven tech to restaurantsOnline food and grocery platform foodpanda and software company TabSquare are joining hands to empower restaurants with artificial intelligence (AI)-powered in-restaurant solutions.
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