PAR Technology Corporation announced on October 24, 2024, a strategic partnership with NomadGo, a pioneer in Spatial AI inventory solutions. This collaboration integrates NomadGo's AI-inventory data directly into PAR's Data Central® back-office platform, aiming to revolutionize how restaurants manage their inventory.
The new AI-powered solution is designed to speed up inventory counts by up to 10 times faster and achieve 99% accuracy, saving restaurant operators up to 15 hours each month. This shift from manual counting to a simple scan with a smartphone or tablet is expected to reduce errors, streamline operations, and generate significant cost savings.
Amirian Management Company, a leading franchisee of a major national chain, is set to be the first to deploy this innovative joint solution. Oliver Ostertag, General Manager of Operator Cloud at PAR Technology, highlighted that this integration positions PAR Data Central as the first to bring such an advanced, efficient inventory management solution to market, providing real-time insights to cut waste and maximize profits.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.