Company Overview
Toast, Inc. delivers an integrated, cloud-based point-of-sale (POS) and merchant services platform designed specifically for the foodservice industry, including restaurants, quick-service chains, and multi-unit operations. Toast aims to streamline both front and back-of-house management, offering solutions that help franchise systems scale, operate efficiently, and adapt to evolving industry trends.
Services Offered
- End-to-end POS system for restaurants, combining hardware and software for order, payment, and operational management.
- Integrated payment processing and merchant services tailored for foodservice, including contactless and mobile payments.
- Add-on solutions: payroll, online ordering, delivery, marketing, loyalty programs, and inventory management.
- Enterprise and multi-location management tools, reporting dashboards, and scalable options for franchise networks.
Value Proposition
- Industry Specialization: Sole focus on the restaurant and foodservice sector, including quick-service, full-service, and hybrid models.
- Key Benefits:
- Unifies payments, POS, and operations on one platform for efficiency and data-driven decision making.
- Enhances online ordering and delivery capabilities, supporting multi-location franchises in adapting to digital trends.
- Provides franchisees and franchisors with detailed, real-time reporting and analytics, enabling network-wide oversight and individual site optimization.
- Franchise Expertise: Toast serves more than 140,000 restaurant locations, including many franchise brands and multi-unit operators, offering case studies and resources specific to franchise growth and operational challenges.
Company Snapshot
Year Founded
2013
Headquarters Location
Boston, MA
Key Executives
Chris Comparat, CEO
Industry
Merchant Services