AI TOOL PROFILE
Fourth: Workforce and Inventory Management Software
- Inventory Management
- Workforce Management
- Restaurant owners
- Restaurant chains
- Hospitality managers
- Hotel operators
- Bar and pub managers
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website, though some promotional offers mention HotSchedules may be provided free with certain payroll service contracts.
At a glance
- Best for
- Restaurant owners, Restaurant chains, Hospitality managers, Hotel operators, Bar and pub managers
- Key use cases
- Labor Optimization, Inventory Control, Shift Coordination, HR and Compliance Management
- Integrations
- POS integration, Vendor systems integration, Supply chain systems integration
- Official website
- Visit fourth official website
How AI is used
Fourth is an operations platform designed for the hospitality sector, including restaurants, bars, and hotels. It combines back-office functions into one system, covering talent acquisition, scheduling, payroll, and inventory control.
The software is designed for operators who manage hourly teams and track prime costs. By using AI-driven forecasting, the tool helps managers predict customer demand and adjust staffing and stock levels, which may help reduce over-scheduling and food waste.
Beyond labor and stock, the platform includes human capital management tools such as HR compliance, payroll services, and earned wage access for employees. It also supports operational tasks like recipe engineering and purchasing management.
Buyers should confirm which specific modules they need. They should also verify the terms of promotional offers, such as those linking HotSchedules access to payroll service contracts.
Key Features
AI Demand Forecasting
Predicts customer demand to provide guidance on labor and inventory needs.
HotSchedules Scheduling
A workforce management tool for creating staff shifts, managing time-off requests, and facilitating shift swaps.
Inventory Management
Supports purchasing, receiving, and invoicing, along with tools for recipe and menu engineering.
Payroll and HR Services
Provides payroll processing, tax filing, and HR compliance management, including PEO options.
Earned Wage Access
Supports employees in accessing their earned wages on demand.
Time and Attendance
Includes mobile punch-in/out capabilities and digital tracking of tasks via a manager logbook.
Use Cases
Labor Optimization
Matching staff levels to predicted customer volume to help reduce labor spend.
Inventory Control
Managing stock levels and recipe costs to help reduce food waste.
Shift Coordination
Using a mobile app for employees to view schedules and request shift changes.
HR and Compliance Management
Outsourcing payroll and tax administration to help reduce compliance risks.
Integrations
- POS integration
- Vendor systems integration
- Supply chain systems integration
FAQ
What does Fourth do for restaurants?
- Fourth provides a platform that integrates workforce management, AI-powered demand forecasting, inventory control, and payroll services specifically for the hospitality industry.
Does Fourth include scheduling tools?
- Yes, it includes HotSchedules, which allows managers to create shifts and employees to manage their schedules via a mobile app.
Can Fourth help with food waste?
- The platform offers inventory management and AI forecasting designed to help businesses match stock levels to demand, which may help reduce food waste.
Is HotSchedules available as a standalone or bundled tool?
- While it is a core product, evidence indicates it may be offered for free as part of a package when signing up for Fourth Payroll services.
Source category: Operations
Source subcategory: Workforce Management
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