ARLINGTON, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- MarginEdge, the leading restaurant management and bill payment platform, today announced it has been recognized by the 2023 Inc. Power Partners Awards as a trusted B2B partner and the 2023 Washington Business Journal Fastest Growing Companies, where it finished 10th out of 50 companies. This is the company’s fifth “fastest growing company” award since 2022, its fifth recognition by Inc. since 2022 and its second recognition by Washington Business Journal this year.
"MarginEdge is elated to once again being recognized by Inc. and Washington Business Journal,'' said Bo Davis, CEO of MarginEdge. "The team’s continued efforts and support from clients and partners are the backbone to our growth and success over the past few years. To be honored as a top B2B partner and as a Fastest Growing Company further validates our commitment to serving restaurant operators, bookkeepers and accountants.”
As a team founded by operators with over 45 restaurants between them prior to MarginEdge and a sales team with collectively 400+ years of restaurant experience, MarginEdge’s mission is to bring operators the same energy, attention to detail and passion they bring to their guests. The company’s culture is deeply rooted in service because the founders and much of the team came from hospitality roles. MarginEdge designs their software with a deep understanding for the complexity of running a restaurant and the goal of making it easier for operators by taking time-consuming back office tasks off their plate and empowering them with real-time data to make decisions in the moment.
“Restaurant back office functions are essential to the business. Whether a chef, internal bookkeeper, owner or external accountant, getting timely visibility into the finances is crucial. As restaurant operators ourselves, we have been in our client’s shoes and we’re proud our company and software lets restaurateurs and restaurant finance professionals make informed decisions in the moment. The future is bright – by leveraging AI and LLMs to automate even more back office operations, restaurateurs can have more time to spend with staff and guests,” said Davis.
Other recent achievements for MarginEdge include recognition on the 2022 and 2023 Inc. 5000 lists and on The Americas’ Fastest Growing Companies in 2023 by the Financial Times. Best workplace awards in 2023 include Inc.’s Best Workplaces, The Washington Post Top Workplace and Washington Business Journal Best Places to Work.
About MarginEdge
MarginEdge’s mission is to create a world where restaurant operators can focus on the business they love. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office and freeing restaurants to spend more time on their culinary offerings and guest experiences. The platform offers market-leading invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high impact product that resonates across the hospitality industry. For more information visit marginedge.com.
Media Contact:
Cara Harbor
Firecracker PR
(888) 317-4687
cara@firecrackerpr.com
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/783b5933-97bb-4f7d-bf45-efb224613244
