ItsaCheckmate has given data-driven restaurant pricing a shot in the arm through a partnership with Juicer that will integrate its revenue management solution directly into the New York-based tech company’s platform. In a press release, the two companies called the tie-up a “pivotal” moment in making automated price optimization more accessible.
“Juicer empowers restaurants to optimize their pricing in alignment with their business objectives,” said ItsaCheckmate founder and CEO Vishal Agarwal. “We are excited to partner with them and provide an integrated solution that enables restaurants to take full advantage of real-time price optimization as part of their operations.”
The companies added that their new collaboration is driven by a unified vision to empower restaurants and deliver unprecedented value to their customers. By combining the strengths of both platforms, restaurants can rely on the experts to boost revenue from delivery channels with automatically optimized prices, while providing outstanding service to their patrons.
“Restaurants are realizing that pricing is becoming more complicated as consumers are no longer tolerating unlimited price increases,” said Ashwin Kamlani, founder and CEO of Juicer. “Now, ItsaCheckmate customers can rest easy by leveraging the data science of Juicer to set menu prices and offers on third-party delivery channels.”
Through the integration, restaurants can access optimized pricing that’s designed to replace traditional, cost-based menu pricing and static markups. The companies promise a seamless integration process, with the suggestion of additional ideas coming down the line through a “forward-thinking collaboration” aimed at the revenue side of restaurant operations.