{"id":795675,"date":"2024-12-18T07:03:23","date_gmt":"2024-12-18T12:03:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/"},"modified":"2024-12-18T07:03:23","modified_gmt":"2024-12-18T12:03:23","slug":"square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/","title":{"rendered":"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow<\/b><\/p>\n<p class=\"bwalignc\"><i>Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants<\/i><\/p>\n<p>OAKLAND, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nToday, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/2334913\/4\/ph220115N_Brewery_6002_02_RD_SIMP_JPG_Large.jpg\" alt=\"Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants (Photo: Square)\" \/><\/p>\n<p style=\"font-size:85%\">Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants (Photo: Square)<\/p>\n<\/div>\n<p><b>With new strategic partnership, Square and Sysco bring better technology to more restaurants<\/b><\/p>\n<p>\nFor more than a decade, Square has delivered innovative products to help food and beverage operators streamline operations and grow their businesses. Now, in partnership with Sysco, Square aims to bring the company\u2019s powerful, intuitive technology solutions to more restaurants worldwide.<\/p>\n<p>\nSysco, a trusted leader in foodservice, supports and enhances their customers&#8217; success with a range of services, including top-tier technology recommendations through their <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.solutions.sysco.com%2F&amp;esheet=54168329&amp;newsitemid=20241218804676&amp;lan=en-US&amp;anchor=Sysco+Restaurant+Solutions&amp;index=1&amp;md5=58abd6efe5b50625d861d3431f195a5f\">Sysco Restaurant Solutions<\/a> program. Now, as a Restaurant Solutions partner, Square\u2019s technology suite will be promoted, co-marketed, and sold to Sysco\u2019s customers.<\/p>\n<p>\n\u201cSysco is committed to helping our customers succeed through innovative solutions and technology,\u201d said Neil Russell, Chief Administrative Officer at Sysco. \u201cSquare\u2019s technology is comprehensive and easy-to-use for operators and workers alike, and we know that their solutions can help food and beverage businesses work smarter, operate more efficiently, and find new avenues of growth.\u201d<\/p>\n<p><b>Square brings new and highly requested features to food and beverage businesses to save time, improve cash flow<\/b><\/p>\n<p>\nBeyond the strategic partnership with Sysco, Square also announced new features to help restaurants run their businesses easily and efficiently. These features are currently rolling out to sellers, with full availability in early 2025.<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nRestaurants and bars can now preauthorize <b>Bar Tabs<\/b> for customers paying with credit card or digital wallet, improving the guest experience by speeding up ordering and simplifying checkout while also providing businesses with a secure payments experience. This feature is especially critical for bars and breweries, allowing these sellers to streamline service and start tabs without holding onto guests\u2019 cards, all while protecting their bottomline.<\/p>\n<\/li>\n<li>\nWith <b>Instant Payouts<sup>1<\/sup><\/b>,<b \/>restaurants using Square Checking can receive funds for orders made through third-party delivery platforms instantly and without additional fees, giving sellers immediate access to their earned revenue. Cash flow is a major pain point for restaurants, particularly as margins get tighter, and with third-party delivery platforms continuing to grow in popularity, the delay in time-to-money for the orders they fulfill \u2013 up to 11 days in some cases \u2013 can be extremely challenging. Instant Payouts addresses this challenge for sellers, helping them worry less about their liquidity and giving them the means to more quickly restock inventory, pay their teams, and get orders out the door. Instant Payouts is currently available to Square for Restaurants Plus and Premium sellers that have integrated DoorDash or Uber Eats into Square, with more third-party providers coming in 2025.<\/p>\n<\/li>\n<li>\nSellers can now set up <b>House Accounts<\/b> for regulars or large institutional clients they know and trust, invoicing them monthly, quarterly, or whenever\u2019s good for the business and customer.<\/p>\n<\/li>\n<\/ul>\n<p>\n\u201cHolding onto people\u2019s credit cards at the bar \u2013 and having 20-30 people per night forget to close out their tabs \u2013 can be a nightmare, so we were eager to work with Square on testing Bar Tabs for our brewery locations,\u201d said Eric Lurwick, General Manager at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ciscobrewers.com%2F&amp;esheet=54168329&amp;newsitemid=20241218804676&amp;lan=en-US&amp;anchor=Cisco+Brewers&amp;index=2&amp;md5=e71e3600f02b9ccdae659f78688ce062\">Cisco Brewers<\/a> on Nantucket. \u201cWe collaborated closely with the Square team on providing feedback to help fine-tune the product, and using Bar Tabs has made the lives of Cisco employees and customers a lot better.\u201d<\/p>\n<p>\nSellers on Square for Restaurants can use Square\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsquareup.com%2Fhelp%2Fus%2Fen%2Farticle%2F8167-set-up-release-manager&amp;esheet=54168329&amp;newsitemid=20241218804676&amp;lan=en-US&amp;anchor=Release+Manager&amp;index=3&amp;md5=997f62d51760092fae3e56f19a357cd5\"><b>Release Manager<\/b><\/a> to easily opt into these new features at a time that makes sense for their businesses, giving operators the opportunity to train staff on changes before rolling out new functionality and ensure service is never disrupted.<\/p>\n<p>\n\u201cDay in and day out, our sellers are tasked with navigating the ever-changing and increasingly complex restaurant environment. We pride ourselves on listening to their challenges and needs so that we can deliver new solutions that make their lives easier,\u201d said Ming-Tai Huh, Head of Food and Beverage at Square. \u201cAny leg up we can give businesses \u2013 whether that\u2019s through time saved or quicker access to revenue without more fees \u2013 is worth it to better equip them to succeed.\u201d<\/p>\n<p>\nTo learn more about Square\u2019s offerings for food and beverage businesses, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsquareup.com%2Fus%2Fen%2Fpoint-of-sale%2Frestaurants&amp;esheet=54168329&amp;newsitemid=20241218804676&amp;lan=en-US&amp;anchor=visit+our+website&amp;index=4&amp;md5=5a93e928ff80cbe670f53e7be804164c\">visit our website<\/a>.<\/p>\n<p><b>About Square<\/b><\/p>\n<p>\nSquare makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more \u2013 all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.squareup.com&amp;esheet=54168329&amp;newsitemid=20241218804676&amp;lan=en-US&amp;anchor=www.squareup.com&amp;index=5&amp;md5=0b10ee5fa43948056be8e37ae17ab9a4\">www.squareup.com<\/a>.<\/p>\n<p>\n__________________________<\/p>\n<p><sup>1 <\/sup>Instant Payouts services require a Square Checking account. Funds provided through Instant Payouts services are generally available in the Square Checking account balance immediately after an order is processed. Fund availability times may vary due to technical issues. If an order is not paid out instantly, it will be available according to your regular deposit schedule. Payout limits, including limits on payout amounts, may apply.<\/p>\n<p>\nBlock, Inc. is a financial services platform and not an FDIC insured bank. FDIC deposit insurance coverage only protects against the failure of an FDIC-insured deposit institution. If you have a Square Checking account, up to $250,000 of your balance may be covered by FDIC insurance on a pass-through basis through Sutton Bank, Member FDIC, subject to aggregation of the account holder\u2019s funds held at Sutton Bank and if certain conditions have been met.<\/p>\n<p>\nOther trademarks and brands are the property of their respective owners.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241218804676r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/<\/a><\/span><\/p>\n<p><a rel=\"nofollow\" href=\"mailto:press@squareup.com\">press@squareup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Restaurant\/Bar Supply Chain Management Professional Services Internet Fintech Payments Electronic Commerce Technology Food\/Beverage Retail Finance Food Tech<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/1327131\/3\/Square_LogoLockup_Black.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/2334913\/3\/ph220115N_Brewery_6002_02_RD_SIMP_JPG_Large.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants (Photo: Square)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/2334914\/3\/Bar_Tabs.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Restaurants can preauthorize Bar Tabs and let customers pay with credit card or Apple Pay, allowing for quick and easy checkouts for customers and a secure payments experience for sellers.<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/ Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants (Photo: Square) With new strategic partnership, Square and Sysco bring better technology to more restaurants For more than a decade, Square has delivered &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-795675","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/ Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants (Photo: Square) With new strategic partnership, Square and Sysco bring better technology to more restaurants For more than a decade, Square has delivered &hellip; Continue reading &quot;Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-18T12:03:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/2334913\/4\/ph220115N_Brewery_6002_02_RD_SIMP_JPG_Large.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow\",\"datePublished\":\"2024-12-18T12:03:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\\\/\"},\"wordCount\":1126,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20241218804676\\\/en\\\/2334913\\\/4\\\/ph220115N_Brewery_6002_02_RD_SIMP_JPG_Large.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\\\/\",\"name\":\"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/","og_locale":"en_US","og_type":"article","og_title":"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow - Market Newsdesk","og_description":"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241218804676\/en\/ Strategic partnership with top foodservice provider and new product features bring more time-saving and easy-to-use tech to restaurants (Photo: Square) With new strategic partnership, Square and Sysco bring better technology to more restaurants For more than a decade, Square has delivered &hellip; Continue reading \"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-18T12:03:23+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/2334913\/4\/ph220115N_Brewery_6002_02_RD_SIMP_JPG_Large.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow","datePublished":"2024-12-18T12:03:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/"},"wordCount":1126,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20241218804676\/en\/2334913\/4\/ph220115N_Brewery_6002_02_RD_SIMP_JPG_Large.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/square-teams-up-with-sysco-delivers-new-features-to-save-restaurants-time-and-smooth-cash-flow\/","name":"Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow - 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