Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PAR TECHNOLOGY CORPORATION

(PAR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PAR Technology : Wage and Hour Compliance Platform, EmployeeMetrics« Becomes PAR Technology's Newest Brink POS« Integration Partner

06/15/2021 | 07:40am EDT

New Hartford, NY - June 15, 2021 -ParTech, Inc. (PAR), a global restaurant technology company and Unified Commerce Cloud Platform for Enterprise Restaurants, today announced that EmployeeMetrics®, a labor and employment compliance platform, is the newest member of PAR's Brink POS® integration partner network.

The various state and federal labor wage and hour laws present challenges for businesses. EmployeeMetrics integrates with existing timekeeping systems to make the accurate tracking of hours simpler and more efficient. In doing so, businesses can reduce labor costs, and employees are more likely to take compliant breaks.

'We realized that we were doing a less than ideal job at reminding employees to take meals and rest breaks,' one EmployeeMetrics client said. 'Our manager constantly was burdened with the job of reminding employees to go on break or take a lunch and was dropping the ball. As a result of implementing EmployeeMetrics, our time tracking is more accurate, our manager is less stressed, and our employees are much happier on the job with proper tracking in place.'

EmployeeMetrics' app is referred to as the Employee Tracker App™ ('ETA'). It offers real-time data visualizations of hours worked, recorded breaks, and upcoming breaks. It can be viewed on any Internet-connected device, such as a manager's phone, a tablet in the front of the house, or a smart tv in the back of the house. Push notifications, end-of-day reports, and other alerts are easily accessible for people with administrative access.

'By partnering with one of the leading point-of-sale vendors, EmployeeMetrics is able to make labor/employment compliance easier for a wide range of restaurant owners and operators across the country,' said Brian Kriegler, founder of EmployeeMetrics. 'We view this integration as a win-win and are thrilled to work with Brink POS.'

'Restaurant managers and staff have to deal with a lot of moving parts each day,' Chad Horn, PAR's Director of Strategic Partnerships. 'We're pleased to join forces with EmployeeMetrics to give Brink POS users a way to quickly track employee hours and provide insight into staffing issues they might not even know exist.'

ABOUT EMPLOYEEMETRICS

EmployeeMetrics, LLC provides solutions designed to reduce businesses' operation costs and litigation exposure through web/mobile applications and consulting services. Our technology connects seamlessly with companies' existing electronic timekeeping systems. Complex labor laws and regulations are incorporated into our platform, making it easier for employers to be compliant.

ABOUT PAR TECHNOLOGY

For more than 40 years, PAR's (NYSE Symbol: PAR) cutting-edge products and services have helped bold and passionate restaurant brands build lasting guest relationships. We are the partner enterprise restaurants rely on when they need to serve amazing moments from open to close, during the most hectic rush hours, and when the world forces them to adapt and overcome. More than 100,000 restaurants in more than 110 countries use PAR's restaurant hardware, software, drive-thru, and back-office solutions. With the recent acquisition of leading loyalty solutions provider Punchh Inc., PAR has become a Unified Commerce Cloud Platform for Enterprise Restaurants. To learn more, visit www.partech.com or connect with us on LinkedIn, Twitter, Facebook, and Instagram.

Disclaimer

Par Technology Corporation published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 11:39:02 UTC.


ę Publicnow 2021
All news about PAR TECHNOLOGY CORPORATION
07/21PAR TECHNOLOGY : Punchh Launches New End-to-End Pickup Experience with Integrate..
BU
07/14PAR TECHNOLOGY : How Restaurants Can Combat Food Supply Issues
PU
07/08PAR TECHNOLOGY : What Is a Back-Office and Why Is It Important?
PU
07/07PAR TECHNOLOGY : Adds Data Analytics Platform OneDataSource to its Brink POS« In..
BU
07/01INSIDER TRENDS : Insider at PAR Technology Sells Shares for Tax Slowing 90-Day B..
MT
07/01PAR TECHNOLOGY : Why Restaurant Menu Design Matters
PU
06/25PAR TECHNOLOGY CORPORATION(NYSE : PAR) dropped from Russell Microcap Growth Inde..
CI
06/25PAR TECHNOLOGY CORPORATION(NYSE : PAR) dropped from Russell 3000E Index
CI
06/25PAR TECHNOLOGY CORPORATION(NYSE : PAR) dropped from Russell Microcap Index
CI
06/25PAR TECHNOLOGY CORPORATION(NYSE : PAR) dropped from Russell 3000E Growth Index
CI
More news
Financials (USD)
Sales 2021 263 M - -
Net income 2021 -34,6 M - -
Net Debt 2021 179 M - -
P/E ratio 2021 -45,4x
Yield 2021 -
Capitalization 1 661 M 1 661 M -
EV / Sales 2021 7,01x
EV / Sales 2022 5,85x
Nbr of Employees 1 031
Free-Float 87,3%
Chart PAR TECHNOLOGY CORPORATION
Duration : Period :
PAR Technology Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PAR TECHNOLOGY CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 64,26 $
Average target price 103,50 $
Spread / Average Target 61,1%
EPS Revisions
Managers and Directors
Savneet Singh President, Chief Executive Officer & Director
Bryan A. Menar Chief Financial & Accounting Officer
Cynthia Ann Russo Independent Director
Douglas G. Rauch Independent Director
James C. Stoffel Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
PAR TECHNOLOGY CORPORATION2.34%1 661
METTLER-TOLEDO INTERNATIONAL INC.29.12%34 242
CANON INC.32.48%24 845
RICOH COMPANY, LTD.77.99%7 628
TECAN GROUP LTD.16.76%6 645
BROTHER INDUSTRIES, LTD.9.03%5 463