News

Wavicle launches subscription-based service to help restaurants capture, manage data

March 14, 2019

Wavicle Data Solutions, a provider of data and analytics solutions and services, launched ActiveDash this week during the 2019 Restaurant Franchising & Innovation Summit in Louisville. The cloud-based subscription service is designed to allow limited-service restaurants to capture data and provide insights to help grow their business, manage costs, reduce waste and improve customer loyalty, according to a company press release. 

The platform translates data from key sources such as POS, third-party delivery, social media, menu and inventory, into nearly instant analytics for making more informed decisions about promotions, menus, budgeting, staffing, inventory and customer loyalty, Naveen Venkatapathi, president of Wavicle Data Solution, said in the release.

“In our work with global quick-service restaurant brands, we have seen many franchise owners struggle with finding the right data they need when they need it from their corporate reporting and they find the expense doesn’t pay off," he said.

"ActiveDash solves this problem by providing a powerful, but a simple-to-use app that is affordable and supported by a seasoned team of restaurant data experts."

Once the restaurant’s data has been linked to ActiveDash, owners and operators have access to a wealth of information and analytics presented in a simple, informative series of dashboards including:

• Executive Dashboard provides a variety of information about sales, orders and customers including total sales (by day, week, quarter and more), sales by POS type, average check size, average items sold, total orders and more.  And if the owner has multiple locations, all data can be broken down per store and by region
• Operations Dashboard takes a closer look at metrics such as top-selling items, average check, average prep time, total guest count and a customizable daily daypart breakdown of guest count and employee count.
• Social Dashboard collects and provides restaurant owners with detailed information from a variety of social media channels including reviews of their restaurants, posts and interactions, keywords and social sentiment versus sales over time.
• Predictive analytics services beyond ActiveDash for an additional fee.  Those services are customizable based on individual business needs.

ActiveDash is available as a subscription for a monthly fee, but for a limited time, Wavicle is offering a six-month free trial.