What Happened?
Austin, TX-based Fourth Promoted Christian Berthelsen as Group Chief Technology Officer
About the Company
Fourth is the world`s #1 hospitality operations platform. It`s a complete solution for purchase-to-pay & inventory and workforce management, underpinned by smart analytics and collaboration tools, enabling our customers to optimize profits, enhance guest satisfaction, and scale profitably. Our 1,100 customers in 60 countries include many of the world`s most famous hospitality brands: Carluccio`s, Casual Dining Group, Center Parcs, PizzaExpress, Fairmont, Four Seasons, Fuller`s, Gondola, Gordon Ramsay, Greene King, Hilton, Holiday Inn, Hyatt, Intercontinental Hotels, Jamie`s Italian, Jumeirah, Krispy Kreme, Malmaison, Mandarin Oriental, Marriott, Merlin, Radisson, Ritz-Carlton, Soho House, SSP, Starwood, Thistle, Travelodge, Wagamama. The complex made easy: purchase-to-pay, inventory management, menu engineering, HR, labor productivity and payroll. And at the heart of the solution is demand forecasting. Unique to Fourth, the system automatically captures POS data, weather and events. Smart predictive algorithms calculate a daily forecast broken down into 15-minute intervals by sales item, ready for local managers to refine further with regional weather and event forecasts. The Fourth solution is highly configurable, allowing us to create a version that not only meets our customers` management needs but integrates seamlessly with their operation. Fourth customers... • Achieve 2-7% wage cost efficiency • Achieve 2-7% increase in gross profit via more effective inventory tracking and control • Benefit from end-to-end, fully integrated systems, replacing 10 systems with one. • Managers save on average 8 hours a week • Achieve 100% purchasing compliance • Achieve a 90% reduction in the cost of processing invoices Sectors served: • Hotels • Restaurants • Leisure operators • Caterers • Pubs, clubs & bars • Quick service operators • Care homes
About the Person
Christian Berthelsen is Group Chief Technology Officer at Fourth. Previously, Christian held various senior IT leadership roles in the industry.
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