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

MarketScreener Homepage  >  Equities  >  Nyse  >  PAR Technology Corporation    PAR

PAR TECHNOLOGY CORPORATION

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

PAR Technology : Adds Deliverect to its Brink POS® Integration Ecosystem

04/01/2021 | 08:22am EDT

ParTech, Inc., a leading global provider of point of sale (POS) software and integrated technical solutions to the restaurant and retail industries, is announcing the introduction of Deliverect, a comprehensive online order management tool, to its growing Brink POS® integration ecosystem. ParTech, Inc. is a wholly owned subsidiary of PAR Technology Corporation (NYSE: PAR).

Deliverect is an online order management system that provides restaurants with a unique omnichannel approach to streamline orders from online and third-party sources. Operators can do everything from synchronize order management systems to update menus with the click of a button. They can also make meaningful business decisions using data compiled from a variety of available reports. The result is a better operation that ensures order accuracy, saves time and labor, and ultimately increases overall restaurant revenue.

“We’re excited to welcome Deliverect into the growing Brink POS® integration ecosystem,” Stephen Lee, Director of Strategic Partnerships for PAR, commented. “Whenever we can help our customers modernize their operations while simplifying the online and third-party ordering process, it’s a win for everyone.”

The partnership helps Brink POS users remove a critical barrier in the ordering process, reducing the frustration restaurants and customers sometimes face when placing orders through a third-party delivery platform.

"PAR and Brink POS understand that the best restaurant solutions are the ones that remain invisible - allowing the restaurant to focus on their food and their people,” Alicia Goodman, Partner Manager for Deliverect, explained. “We couldn't be happier to be a part of the innovative Brink POS ecosystem."

Deliverect has processed more than 25 million orders worldwide, resulting in about 80% fewer order errors and 25% more revenue for participating restaurants. The company has also grown its operation exponentially, from 50 employees in early 2020 to nearly 160 today, to support its growing number of customers.

About Deliverect
Deliverect is a SaaS company that simplifies online food delivery management for restaurants. The platform helps restaurants to integrate their online orders from food delivery channels such as Uber Eats, Doordash, Postmates, etc. seamlessly into one platform, empowering owners to have a better operational service and increased customer satisfaction. Deliverect makes centrally managing all online orders easier with a reliable platform that allows for real-time reporting and stock management. Operating in over 25 markets around the world, Deliverect is trusted by restaurant chains and FMCGs such as Burger King, Timeout Market, Unilever and many more. To find out more information visit www.deliverect.com.

About PAR Technology Corporation
PAR Technology Corporation through its wholly owned subsidiary ParTech, Inc., is a customer success-driven, global restaurant and retail technology company with over 100,000 restaurants in more than 110 countries using its point of sale hardware and software. ParTech’s Brink POS integration ecosystem enables quick service, fast casual, table service, and cloud restaurants to improve their operational efficiency by combining its cloud-based POS software with the world’s leading restaurant technology platforms. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. For more information, visit www.partech.com or connect with PAR on Facebook or Twitter.


© Business Wire 2021
All news about PAR TECHNOLOGY CORPORATION
07:31aPAR TECHNOLOGY  : Celebrates Historic Partner Milestone
BU
04/14PAR TECHNOLOGY  : Culver's Selects PAR Technology's Brink POS® Cloud-Based Softw..
BU
04/13PAR TECHNOLOGY  : Drive-Thrus Saved QSR Restaurants During COVID, But What's Nex..
PU
04/13PAR TECHNOLOGY  : Files Shelf of Up to 1.3 Million Common Shares on Behalf of Se..
MT
04/12PAR TECHNOLOGY CORP  : Change in Directors or Principal Officers, Regulation FD ..
AQ
04/12PAR TECHNOLOGY  : Dr. John W. Sammon Jr. Announces His Intention to Not Stand fo..
BU
04/09PAR TECHNOLOGY  : BTIG Adjusts Price Target on PAR Technology to $110 From $105,..
MT
04/09PAR TECHNOLOGY  : Craig Hallum Adjusts PAR Technology PT to $100 From $90, Maint..
MT
04/09PAR TECHNOLOGY  : Jefferies Adjusts PAR Technology's Price Target to $90 from $7..
MT
04/08PAR TECHNOLOGY  : Acquires Loyalty Provider Punchh to Become Unified Commerce Cl..
MT
More news
Financials (USD)
Sales 2021 267 M - -
Net income 2021 -25,9 M - -
Net Debt 2021 181 M - -
P/E ratio 2021 -74,5x
Yield 2021 -
Capitalization 1 956 M 1 956 M -
EV / Sales 2021 8,00x
EV / Sales 2022 6,76x
Nbr of Employees 1 031
Free-Float 76,2%
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Average target price 103,50 $
Last Close Price 80,75 $
Spread / Highest target 41,2%
Spread / Average Target 28,2%
Spread / Lowest Target 11,5%
EPS Revisions
Managers and Directors
NameTitle
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.Capitalization (M$)
PAR TECHNOLOGY CORPORATION28.60%1 956
METTLER-TOLEDO INTERNATIONAL INC.10.73%29 430
CANON INC.31.95%25 101
INGENICO GROUP30.99%9 386
RICOH COMPANY, LTD.75.63%7 853
TECAN GROUP LTD.6.50%5 956