‘Food Solution’ provides restaurant management system
Kaskorn bank and Advanced Info Service have joined forces with two tech start-ups, FoodStory and FlowAccount, to introduce “Food Solution”, promoted as Thailand’s first comprehensive system of restaurant management.
Food Solution provides a service to link all matters related to restaurant management, from storefront service to the back of restaurant, automatic data connection to the accounting system, and payment via online applications, all aimed at enhancing restaurant business efficiency.
KBank senior executive vice president Patchara Samalapa said: “There are new entrants in the restaurant business every year. It is expected that restaurants in Thailand will record a total market turnover of Bt397 billion [this year], up by 2-4 per cent over the previous year.
“Medium and small establishments are valued at Bt275 billion, or equal to 69 per cent of all operators; most of them rely on their employees for data recording, and not on technology-based systems. Data including customer orders, raw-material stocks, accounting and cash receipts risk incorrect input, causing needless loss of time and expenditure.
“Having seen this weakness, KBank strongly encourages the use of technology to overcome business obstacles. It is our aim to enhance management efficiency for restaurant businesses as a basis of further advancement.”
Pratthana Leelapanang, acting chief marketing officer of AIS, said: “AIS has always been committed to benefit from our highly efficient digital networks of 4.5G, 4G, 3G, AIS Super WiFi and AIS Fibre – the best, fastest and most extensive fixed broadband Internet service – to induce changes and development of the national digital infrastructure.
“These platforms will also respond to the Thailand 4.0 initiative of the government. We have focused on digital transformation to usher all businesses and industries into the digital era, and our key policy is to work with all partners in the ecosystem for innovating business solutions for startups in this environment.”
Food Solution is has been designed to meet all the needs of small, mid-sized and large restaurants, with one or several outlets. The system offers a monthly cost-saving package plus around-the-clock after-sale services.
Food Solution comprises four core technologies: a restaurant-management system, an online account-management system, payment innovation with mPOS (mobile point of sale) from KBank, and Internet connection via AIS.
In its initial stage, the service will be available at restaurants within the Bangkok metropolitan area.
