Evention LLC
The hospitality industry, known for its dynamic and fast-paced environment, has been grappling with a significant challenge – a staggering 21% retention rate, the lowest among all industries in 2023, as reported by Forbes. The high turnover not only affects the industry’s operational efficiency but also strains the finances of hospitality businesses. By position, the […]
For managers looking to start 2024 by evaluating your approach to tip management: Here is Evention’s three-step guide of best practices and distribution methods to help establish or update your current processes. 1. Review and Simplify Every business is unique, and what works in some outlets may not be a one-size-fits-all solution. Start with a […]
Evention co-founder Mike Baldinger hosted two webinars in November discussing the benefits of automated accounting reconciliation and our solution Total Recon! With 120+ attendees from all over the world, the feedback has been overwhelmingly positive. Total Recon represents a leap forward in automated reconciliation, and we’re excited to see the transformative impact it will have […]
Running a thriving restaurant group comes with its unique challenges, and perhaps one of the most complex aspects is managing tips and having visibility at the corporate, location, and individual level. As distribution rules, roles, and systems vary under one umbrella, payroll management can quickly become a logistical headache. Centralized payroll can help streamline the […]
Industry leaders and experts came together to explore the latest trends, innovations, and challenges in the hospitality sector at the 2023 Hospitality Finance and Technology Professionals (HFTP) Convention. This year, a significant focus of the conference defined the latest service standards for hospitality and finance technology. One of the main service standards discussed at this […]
Chicago IL, October 26, 2023 – Evention LLC and Celayix, two leading companies specializing in workforce management and accounting automation solutions, have entered a strategic partnership aimed at solving longstanding challenges in payroll management within the hospitality industry. This collaboration is poised to redefine the way the industry streamlines gratuity management, significantly enhancing efficiency and […]
Aria Cash Solutions is a trusted provider of cash management solutions, offering a range of automation technologies designed to help businesses minimize costs and increase efficiency in cash handling.
Automatic
