TipOut

Summary

TipOut is a gratuity distribution management platform designed to streamline the tipping process for restaurants. Developed by First Descent Software, TipOut simplifies the calculation and distribution of tips, reducing the potential for human error and saving time for restaurant staff. The platform integrates seamlessly with various point-of-sale (POS) systems, ensuring accurate and transparent tip allocation. Employees can view their tips in real-time through their personal wallets on the platform, fostering trust and transparency. TipOut supports different tipping models, including direct, individual, and pooled tips, and can be customized to meet the specific needs of any restaurant.

The Ask

Create a SaaS platform that took the pain out of gratuity distribution for restaurant owners and provide transparency to staff. 

The Challenge

The platform needs to take into account many different scenarios that restaurants may face, including Individual tips and pooled tip models.

The Solution

TipOut is designed to simplify and streamline the process of tip distribution in restaurants. By integrating seamlessly with existing POS systems, TipOut calculates and transfers tips instantly at the end of each shift, ensuring employees receive their earnings promptly on virtual cards that can be added to Apple Pay or Google Pay. This eliminates the need for manual calculations and spreadsheets, reducing human error and saving time for restaurant management. The platform also enhances transparency in gratuity distribution, fostering trust and loyalty among staff2. Overall, TipOut addresses the challenges of tip management, making it more efficient, accurate, and user-friendly for both employees and employers.

Benefits:

  • Save money by reducing the amount of time it takes to process
  • Save money by adopting the Direct Tip Model
  • Remove the potential for human error in calculations & spreadsheets
  • Reduce the liability for having cash on hand
  • Embrace complete transparency with individual employee logins
  • TipOut can do both Individual tips and pooled tip models.
  • One time set up fee & low monthly cost subscription with no contract
TipOut