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Lightspeed Expands Partnership with 7shifts to Revolutionize Payroll and Operations for North American Restaurants
LightspeedLightspeed(US:LSPD) Prnewswireยท2024-10-10 10:00

Core Insights - The partnership between Lightspeed and 7shifts aims to address significant challenges in the restaurant industry, particularly in labor management and operational efficiency [1][2][3] Industry Challenges - 62% of restaurateurs are struggling with labor management, while 74% are seeking technology solutions to streamline operations [3] - Rising labor costs and operational challenges are critical issues affecting profitability in the restaurant sector [3] Partnership Enhancements - Lightspeed has enhanced its integration with 7shifts, providing new functionalities that simplify operations for restaurant owners across North America [2][4] - The integration allows restaurant owners to import sales, labor, and employee data directly into 7shifts, improving forecasting capabilities and reducing manual tasks [4][6] Benefits of Integration - The partnership enables restaurant owners to utilize 7shifts' payroll features, which include Payroll Administration, Tip Integration, and Benefit Management, allowing them to focus on customer experiences [5][6] - Accurate data syncing between Lightspeed and 7shifts ensures timely and error-free payroll processing for employees [6] Company Background - Lightspeed is a unified commerce platform that supports merchants in providing exceptional omnichannel experiences, serving various sectors including hospitality [2][8] - 7shifts, founded in 2014, specializes in team management solutions for restaurants, helping over 50,000 establishments improve performance and manage labor costs effectively [10]