MarginEdge, a platform focused on restaurant management and bill payment, has partnered with FIXE, a bookkeeping and accounting service for restaurants.
Clients of FIXE will migrate to the MarginEdge platform, which offers features such as automation, AI-driven forecasting, daily financial insights and improved reporting functionalities.
MarginEdge has been selected as FIXE’s preferred system for restaurant management, particularly for invoice processing, inventory management, recipe management and food-costing.
MarginEdge co-founder and CEO Bo Davis stated: “Running a restaurant without real-time visibility is like driving a car without a dashboard. By the time you hear the engine rattling, it’s already too late.
“FIXE shares our belief that technology shouldn’t add complexity to daily operations – it should remove it. Together, we’re giving restaurant operators and accountants the kind of clear, daily insights they need to make smarter, faster decisions.”
Both companies anticipate that clients will notice a “meaningful drop” in the time taken to process invoices within the initial 30 days following the transition.
The automatic onboarding of FIXE clients onto the MarginEdge platform will ensure continuity of service and create a unified solution that reduces data silos for improved operational efficiency.
FIXE clients will also gain access to AI-enhanced tools from both platforms, allowing for increased flexibility in automation processes.
Operators will no longer need to manually sort vendor invoices, as accurate data will be transmitted directly from MarginEdge to FIXE’s accounting team.
This collaboration marks a notable development in MarginEdge’s Accounting Partnership Program, which encompasses companies throughout the US.
FIXE CEO Ryan Handel stated: “We saw too many clients struggling with clunky tools that created more work than they solved.
“When we saw how seamlessly MarginEdge worked alongside FIXE, it was clear we could offer something better. This partnership combines financial rigou with operational ease — helping operators stay compliant, profitable and focused on the bigger picture.”
“MarginEdge and FIXE to improve accounting processes for restaurants” was originally created and published by Verdict Food Service, a GlobalData owned brand.
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