Tip Network offers T+2 Settlement, the program that allows companies to handle employee tipping without having to pre-fund a master settlement account. We front you the money for that day’s tips, and you pay it back within 2 days. That means less cash runs to the bank, and no more running out of cash at the end of the night.
Back of house tools
Whether it’s on individual shifts and location payroll to roll-up reporting for corporate, Tip Network helps organize your data and document it in accurate and readable formats. Custom reports can be built, and you can even control who has access and approval permissions to the data. Whether through your POS system, or through one of our other options, the tools you need are available to meet your individual needs.
Tip Network won’t get in the way of your current banking practice. Each location can settle their accounts to as many individual bank accounts as you need. You just tell us where you send money to or draw money from.
Employees can get detailed information about what they have earned, and when they earned it.
- Individual shift information
- Historical data
- Earnings and payments information
- Weekly summary emails
- Forecasts and expected earnings
Plus, employees can be notified by text message as soon as their tips are available.