Get details about this buyer of a digital solutions company
The company develops and manages a digital platform which provides digital meal voucher services to corporations and organizations on a global basis. The company is leveraging the opportunity to strengthen its position and technology in a huge global market which is still dominated by paper-based meal vouchers. Recognising the that paper vouchers present some disadvantages such as problematic traceability for tax purposes, physical paper handling and lack of flexibility in creating different types of employee benefit policies, the company has developed a digital platform to make the sector more effective and efficient.
The platform allows employers, restaurants and employees to get a greater value from their meal voucher benefits. Employers have a powerful tool to better manage employee benefits in a more effective and efficient manner, restaurants can use the platform to market themselves and generate more customer traffic, and employees can enjoy a wider variety of food, ease of payments and discounts in restaurants.
The management wants to strengthen its position in Europe and is considering to buy a small to mid-sized company in Italy.
The company develops and manages a digital platform which allows corporations and organizations to offer their employees digital meal vouchers. The players involved in the network are restaurants on one side and employers and employees (who are the final beneficiaries) on the other side.
The platform is highly customizable for each country. It supports local regulations, laws, languages and customer requirements and allows for management of multiple benefit policies, supports pre-paid and post-paid business models, integrates with organizational management systems (such as ERP and CRM) and with various POS vendors. The platform also supports multiple financial payment networks.
The company is leveraging the inefficiencies of the paper-based meal voucher market through the development of a digital platform which allows all the players involved to get a greater value. The management wants to expand its business in Europe and is considering to buy a small to mid-sized digital solutions supplier in Italy.
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