Brand new feature, coming in hot!
As part of our latest product release, Kickfin now offers Blended Payouts for even easier, fully automated tip management and reconciliation.
Why Blended Payouts Matter
Now more than ever, restaurant guests use credit cards or digital payment methods instead of cash. For many operators, that means there isn’t enough cash on hand at the end of a shift to pay out tips. But employees still want to receive their payouts immediately after clock-out.
As our customers know, Kickfin solves for those cash shortages by automating and digitizing the payout process — giving you the power to send instant, cashless payouts directly to your employees’ bank of choice, 24/7/365.
The result: minimal cash handling and risk, better accuracy and tracking — and of course, fewer bank runs.
However, digitizing payouts often results in some leftover cash in the drawer. Over time, we’ve heard from customers who prefer to use up that cash to pay out tips, then distribute the remaining tip amounts via Kickfin.
With Blended Payouts, you can do just that — and stil account for every penny paid out, quickly and accurately, within the Kickfin platform.
How Blended Payouts Work
As always, all Kickfin customers can still choose to split individual payment amounts between instant payouts and payroll. Once you enable the new Cash Payouts feature, you will now be able to account for any cash tip payments that were also distributed.
Note: This feature lives within Kickfin’s Tip Calculator, which means you must have an active POS integration to use it.
- Once it’s enabled, you’ll see the new “Cash Payouts” button on the Payment Review screen.
- After clicking the button, users will be able to enter the individual cash amounts that were distributed to employees.
- Back on the Review screen, you’ll see instant payout, payroll, and cash payment amounts for each employee. All three payment methods will have their own line items and be accounted for under your Payment Details.
Watch here for a full walkthrough of the new feature.
Ready to enable Blended Payouts?
If you’re a current customer, in touch with our Customer Success team at support@kickfin.com to activate this new feature.
(Not a customer yet? Click here to see Kickfin in action and learn how you can automate tip pooling and payouts!)