OnTheMonee
OnTheMonee has integrated seamlessly with Tanda to provide an all-in-one platform to manage your tip distribution.
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OnTheMonee provides a fully automated, digital payment solution for tips, so you can spend less time on administration and more time managing your business. We have integrated seamlessly with Tanda to ingest employee details and timesheeting information so that venues can now manage all tip payments through an online portal, providing speed, transparency, and improved cash management. Our solution also then offers for employees an app to receive tip payment directly to a digital wallet on their mobile phone – automating tip payments, ensuring efficiency, transparency and so much more!
- Real-Time Data Sync: Syncs employee hours and shifts from Tanda in real-time, ensuring up-to-date information for accurate tip distributions.
- Customisable Tip Calculations and Settings: Tailor your tip calculations , allow ad-hoc payments, permissions and two factor authentication security on payout.
- Reporting: Access reports to monitor and review tip distributions, ensuring transparency and fairness.
- Powerful Staff Engagement Tool: Provides trust and accuracy, but also offers discounts at over 4500 locations stretching tip dollars further - great satisfaction!
How It Works
Manually entering data into spreadsheets is both time consuming and prone to errors. Through integration with Tanda, OnTheMonee is able to capture who was working and for how long then our powerful rules engine applies your venue's unique logic to the data to calculate tips, but it doesn’t stop there we also provide you with full control over final distributions of the funds to your employee’s digital wallet on their mobile wallet. Exactly like cash!
Benefits for Employers
- Neutralise the Risk of Cash: Cash is disappearing, banks are changing withdrawal limits or not even offering withdrawals. Cash tips can be lost – digital wallets are secure
- Time-Saving: Eliminate manual calculations and time enveloping cash.
- Increased Business Efficiency: Streamline operations by automating tedious processes and pay digitally. Venue Managers are spending +2hrs per week administering tips, our system can reduce this to 10minutes!
- Simplify and improve Accuracy: Reduce errors and ensure fair automatic tip distributions every time.
- Greater Transparency: See who is paid what and why, and reduce tip shrinkage.
- Increase Employee Retention: reward staff with instant digital tips and exclusive benefits. Keep them happy and motivated in a competitive industry!
Benefits for Employees
- Transparency: See what you make with clear, accurate, and transparent tip distribution and where you spend it.
- Neutralise the Risk of Cash: Cash tips can be lost – digital wallets can be frozen and funds protected or reactivated on new devices.
- Flexibility - Spend online or at POS anywhere Mastercard is accepted or have the Ability to Transfer to your Bank.
- Reliable payment – efficient tools allow your employer to pay consistently so your tips are now able to be used to meet cost of living issues and top up your income effectively.
- Drive your tip dollars further with access to thousands of discounts, simply by using your OnTheMonee card.
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