UAE – FOODICS, the leading cloud-based restaurant management technology and payments platform in the MENA region, has entered into a strategic partnership with KASO to fully digitalize restaurants’ inventory management.
KASO is a leading B2B digitizing order and procurement management platform for restaurants & suppliers in Dubai, Abu Dhabi, and Riyadh.
Since its inception in June 2021, KASO has seen exceptional growth and partnered with over 5000 F&B partners across KSA and UAE.
The tech company offers an end-to-end food supply procurement solution, creating operational efficiency and sustainability for restaurants, and is backed by various prestigious, globally renowned investors, including Y Combinator, GFC, and MSA Capital.
Meanwhile, FOODICS which was established in 2014, has successfully processed over 6 billion orders through the platform and raised a record USD170 mil in the Series C round, making it one of the most promising SaaS companies to emerge from the MENA region.
According to sources close to the parties, this seamless integration between FOODICS’ inventory management system and KASO’s procurement platform will enable all restaurants using FOODICS to benefit from real-time inventory updates and instant LPO and data syncing.
FOODICS is a pioneer in restaurant management solutions for regional F&Bs, making it one of the most promising SaaS companies to emerge from the MENA region.
FOODICS caters to every segment of the F&B sector, from traditional dine-in restaurants, cafés, quick service restaurants, bakeries, and food trucks, to cloud kitchens and non-food micro-retailers.
The company is guided by a mission to empower restaurant and merchant owners with a comprehensive cloud-based POS system to enrich their operations.
Ahmad Al-Zaini, CEO FOODICS, commented, “As leaders in our fields, FOODICS and KASO have a shared mission of leveraging technology to streamline operational efficiency within the F&B industry.”
“Through this latest partnership, FOODICS customers in Saudi Arabia and the UAE will be able to take advantage of this integration completely free of charge, with a proven reduction of 65% of time spent manually placing orders, also preventing excessive buying behavior, resulting in an 8% reduction in overall food waste.”
Through these new fully automated inventory updates, restaurants will be able to significantly boost inventory accuracy and eliminate the need for manual entries, he added.
On his part, Manar Alkassar, KASO Co-Founder commented that the strategic partnership with FOODICS aligns perfectly with KASO’s mission to digitalize the F&B industry.
“FOODICS is a pioneer in the digitalization of inventory management and we believe KASO’s expertise will further enrich this solution for restaurants in the region,” he underscored.
For all the latest food industry news from Africa and the World, subscribe to our NEWSLETTER, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube channel.
