Deliverect: simplifying accounting!
November 23, 2023
MANAGING ONLINE DELIVERY ACTIVITY FOR HOSPITALITY BUSINESS!
Who Are they?
‘Deliverect’ is a Belgian software platform with its main office in Ghent.
The business operates globally, supporting customers from international offices in London, Edinburgh, New York, Paris and Toronto.
What does Deliverect software do?
Deliverect software helps businesses using online delivery transaction platforms to connect:
1. Online delivery channels e.g. Deliveroo, UberEats, Takeaway.com etc
2. With the Point of Sale (POS) software
3. Into the Quickbooks and Xero accounting software
The software essentially acts as ‘middleware’ that sits (or acts as a ‘bridge’) between the delivery channels and the POS software, and is then connected to Xero or Quickbooks.
It then automatically sends transactions such as invoices (recurring and non recurring), credit notes, purchase orders etc., directly into Xero or Quickbooks on an instant, hourly or daily basis!
How does it help my business then?
For businesses in the Hospitality sector, especially those that have expanded their own online delivery service and/or use one or more of the main delivery platforms, Deliverect streamlines the admin behind (the mostly) manual process of keeping track of and up to date with online orders!
It connects with your existing Point of Sale (POS) system, aggregates activity from all of the online channels e.g. Deliveroo, UberEats etc., and ‘pushes’ all of the online orders into your POS system – providing a ‘one stop’ view of both online activity and other activity from your existing ‘on premise’ business.
Deliverect will also ensure that you have financial visibility of your WHOLE business on a ‘real time’ basis, rather than spending days collating transactions from a variety of online portals manually.
What are the Key benefits by using Deliverect?
● Save (lots of) time – remove the confusion, frustrations and complexity involved in keeping accurate record of all sales transactions from ‘on premise’ and ‘online’ platforms, and manually adding this information into Xero or Quickbooks. It links directly with your Point of Sale (POS) system, which holds’ the ‘connection’ with your accounting software
● Accurate data – obtain data from ‘on premise’ and multiple ‘online’ platforms to provide a complete overview of all sales in one place!
● Up to Date ‘real time’ financials – depending on your subscription level, you can have access to detailed and up to date sales activity in Xero/Quickbooks within minutes or hours!
What are the costs of the Deliverect software?
There is a ‘one off’ setup fee at the outset, which is dependent upon the specific Point of Sale (POS) system e.g. an average fee of £150.00. Standard monthly fees vary from £59 to £120 per month – depending upon subscription level.
The variable subscription levels and costs are based on a combination of:
1. the speed of the data ‘syncing’ between Deliverect and the POS system (Instant, Hourly and Daily)
2. The volume of (order) transactions per month
Is there additional ‘scoping’ (or setup) required ahead of being able to use the Deliverect for my business?
Yes – Given the complexity of multiple ‘online’ platforms (Deliveroo, UberEats, Takeaway.com etc.), and/or the involvement of additional ‘on premise’ sales activity, there is a need to carry out ‘scoping’ to ensure that the processes involved are clarified.
There will also be a requirement to successfully
– setup the Deliverect software itself
– the connection with the existing Point of Sales (POS) system, and
– the connection with Xero and Quickbooks
Integration Opportunities
Deliverect software is designed specifically for POS systems such as Kounta, Lightspeed and Square.
Talk to the team at Sakura about how we can simplify your accounting through the use of digital and cloud solutions, whether by using Deliverect, a specific Point of Sales (POS) system, or other software options!