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Restaurant Stratford

↠ Gratuity Accounting & Distribution Software

Developed By Restauranteurs...
For Restauranteurs

Save Time and Money with TipOut

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↠ Notes & Features

Benefits of TipOut

Save money by reducing the amount of time it takes to process

Save money by adopting the Direct Tip Model

Remove the potential for human error in calculations & spreadsheets

Reduce the liability for having cash on hand

Embrace complete transparency with individual employee logins

TipOut can do both Individual tips and pooled tip models.

One time set up fee & low monthly cost subscription with no contract

↠ Our employees are happier, our owners are happier and our bottom line is happier!!

"Our Retention is Better
& I’ve Saved Money & Time." 

"In 2020 I took back the role of Controller for our restaurants due to Covid layoffs.  This role involved managing the gratuity payouts for our team.  I realized how cumbersome the process was, how much liability there was to us, the restaurant and the owners and the lack of transparency to our staff.  I searched for a better, more efficient way, a more transparent way for our employees and couldn’t find one that suited our needs.  So I designed one and worked with a software development company to built a tool for us to use.  Four years later, a 2022 CRA ruling, lots of trial and error, here we are and are thrilled to launch TipOut to help other restaurants who struggle with managing these funds to the best advantage of the team and the owners.  We know our margins are razor thin, why wouldn't you want to save this kind of money?"

​

Shelley W.

Owner and Proprietor

TipOut Canada

2024 Source Deduction Rates*

Employee

Employer

CPP

5.95%

5.95%

EI

1.66%

2.324%

Total Payroll Cost

8.274%

*ie: 8.274% on a $500 000 payroll is over $41 000

*Other fees such as WSIB and EHT are not calculated

↠ Restaurant To Do ↞

  • Establish a Tip Committee

  • Decide on Parameters of Gratuity Allocation

  • Learn about Direct vs Controlled Tip Models

  • Program TipOut to Your Specifications

  • Import information from Point of Sale to Automatically Calculate

  • Approve & Authorize funds to Employee Wallets

↠ Get in Touch with us ↞

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