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MarginEdge lands $45M to Give Restaurants Real-Time Spend Data

January 9, 2023
MarginEdge, an Arlington based restaurant management and bill payment platform, has raised $45m in Series C funding , bringing its total funding to $71m. The round was led by Ten Coves Capital, with participation from Fiserv, Derive Ventures and all of the company's previous investors. MarginEdge provides invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Its technology is designed to help restaurants monitor costs in real time, process invoices and manage inventory. MarginEdge has been proud to support DC-...

DC Harassment Training Requirement - Updates and Details

October 12, 2022
DC Operators are likely hearing more and more about the requirement that DC restaurant operators with at least one tipped employee provide harassment prevention training every two years to all employees. This requirement is a part of the Tipped Workers Fairness Amendment Act, which, if you recall, was passed in 2018 as part of the repeal of Initiative 77. There has been a long pause in implementation, largely due to Covid, but now the DC Office of Human Rights (OHR) and the Department of Employment Services (DOES) are certifying trainers and putting the mechanisms in place for businesses to...

Do No Harm

Imperial Dade logo
September 20, 2022
Do no harm is a basic tenet of medicine. Although the goal is always to treat disease and alleviate suffering, a physician must always try to protect the patient from any further injury. Likewise in the food service industry. Restaurants want to create and deliver enjoyable experiences to their customers. That’s why they’re in business. But, just as with healthcare, they also need to protect their customers from foodborne illnesses. Simply put, they need to safeguard the customer, the staff, and the brand.

Open Table Restaurant Resources

October 8, 2020
Over the past several months, OpenTable has worked to create content that can help restaurateurs navigate this challenging period. They are sharing their data, performing regular consumer research, and working directly with industry partners to gather insights and advice. OpenTable has compiled some of their most beneficial pieces, including their latest diner survey data, their industry webinar series, zero-budget marketing tips, and more, in one place for easy access. Diner insights: How people feel about eating out again In OpenTable’s new July 2020 survey report, get insights from...

The DC Sustainable Energy Utility is Showing Love to Small Businesses with Free Energy Audits

September 8, 2020
The small business community in DC is the soul of the city. The District relies on you. The DC Sustainable Energy Utility (DCSEU) is showing love to small businesses with two limited-time offers to help you save money and energy. Free Energy Audits: For a limited time, the DCSEU is offering free virtual audits with one of our Energy Consultants. The audit includes: interviews with business staff, a virtual walk-through of the facility, and a report. Sign up to receive a custom report on energy savings opportunities. Enhanced Incentives: Need to upgrade lighting, HVAC, or food service...

Reopening Resources for Clean Environments and Safe Guests (Foodservice)

April 28, 2020
Ecolab is dedicated to providing the most relevant resources and expertise to help you keep your staff and guests safe during the unprecedented times today and the new horizon ahead. To support you and your team, we continue to update our comprehensive Ecolab COVID-19 resource libraries , created to support achievement of the highest standards of cleanliness, disinfection and hygiene.

Meet Our New Energy Partner and Start Saving Money Today

August 18, 2022
Dear RAMW Members, We know that your bottom line is always top of mind as you also work hard to support your teams and give guests the best experience you can in a competitive market. Did you know that you could be saving money every month on your electric and natural gas?| RAMW has several key providers who support our industry, and we are excited to introduce you to our new Endorsed Provider, Electric Advisors, Inc. EA is an energy broker who will help you get your natural gas and electricity supply at a competitive rate. Shopping for a competitive energy supplier is a sure fire way to take...Read more

Video: Working With Your Food Distributor In Times Of Change

May 26, 2021
For many years, a restaurant's relationship with their food distributor has been primarily a transactional nature. Finding the best products at the best prices has been the norm which has led to a relationship of "I need you, but am I willing to partner with you to grow my business?" One strategy many restaurants used over the past year to remain viable in the marketplace was to partner with their food distributor. The video below features Tom Enright from FoodPRO , an RAMW Industry Partner, who speaks about how your food distributor can help you reach a new level of success...

Three Reasons to Consider SaaS

August 15, 2017
Restaurants, especially smaller establishments, need to make the most of their IT budgets to remain profitable and competitive. One way to stretch an IT budget is with Software as a Service (SaaS) for your Point-of-Sale (POS) system. Instead of buying a high-priced physical copy of a software platform, SaaS lets you keep that cash flow and instead pay a reasonable fixed monthly subscription rate. Here are three benefits that make SaaS worth considering. Cost. Buying and maintaining software can carry significant upfront costs and additional unexpected costs down the road as solutions need...

How Do Electricity Costs Impact Your Budget?

October 1, 2013
Business owners can reduce operating costs by evaluating energy expenses. A new report, Best Practices: Electricity Procurement , discusses the major impact that electricity costs have on middle-market operating budgets. View the report for information and best practices regarding how to select the right electricity supplier, what to consider before signing a contract, and which hidden items impact your final electricity bill. You can also benchmark your energy usage and costs, and become better equipped to make smart energy-related decisions. View the report .

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