Cash-less Tips

Cash is disappearing

Cash has been losing favour as a payment method for decades and the restaurant industry has slowly been transformed by this changing reality. Debit and Credit was used 85% of the time to pay restaurant bills in 2019. The pandemic has accelerated this evolution and virtually eliminated cash overnight.

Restaurants have been forced into acting as a bank for their employees. Most operations now find themselves routinely going to the bank to take out thousands in cash to distribute tip-out to their staff. Is this you?

BlackFox & Tipstoday to the rescue!

BlackFox will manage your cash-outs and tips like always, but now you have the option to issue tips to staff using Tipstoday. Staff are issued a card and you load it up with money directly from BlackFox. Staff use it just like a bank card and the only costs to staff or the restaurant is the initial purchase of the card.

Modern problems require modern solutions. We're excited about the new Tipstoday integration and think it will make your day just a little bit easier.

COGS Without Inventory

Managing COGS doesn’t have to be a time-consuming ordeal. By shifting your focus from inventory to purchases, you can achieve long-term profitability without the hassle of complex systems.

BlackFox manages cost of goods in real time

Why Managing Your Restaurant's Cost of Goods Sold in Real Time is Key to Profitability

In the restaurant business, Cost of Goods Sold (COGS) is one of the most critical metrics. Managing COGS effectively can mean the difference between a thriving operation and one struggling to break even. Even a couple of percentage points up or down can significantly impact your bottom line, so having

The Importance of Running an Efficient Restaurant Operation

The cyclical nature of restaurant operations means that the same processes are repeated day after day to generate revenue. If any of these systems break down, the impact on profitability is immediate and profound.

Change contains risk, but so does the status quo

If you view a chainsaw as a redesigned axe you will fail to see its value. Any technology that applies a radically different solution to a familiar problem faces this issue. It is difficult to understand the implications of a technology you’ve never seen before. Yet you cannot succeed