Last $5.03 USD
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Company Description

Contact Info

PAR Technology Park

8383 Seneca Turnpike

New Hartford, NY 13413-4991

United States

Phone: 315-738-0600


PAR Technology Corporation, through its subsidiaries, primarily provides technology solutions to businesses and organizations in the hospitality industry worldwide. Segments The company operates through two segments, Hospitality and Government. Hospitality segment The Hospitality segment provides technology solutions, including hardware, software, and a range of support services, to businesses and organizations in the hospitality industries worldwide. The company provides hospitality management technology systems to restaurants (the quick service, fast casual and table service categories make up Restaurant business) with approximately 50,000 systems installed in 110 countries. The company’s Hotel business provides guest-centric property management solutions to hotels, resorts, spas, casinos, and other hospitality properties worldwide. The company provides software solutions for various property types, including city-center hotels, destination spa and golf resorts, cruise ships, and casino hotels. Its customers utilizing solutions include The Old Course Hotel at St. Andrews, a unit of Kohler Company; Pebble Beach Resorts of the Pebble Beach Company; and Gleneagles Hotel unit of Diageo plc. Hotel chains utilizing one or more of the company’s software solution offerings include Accor SA; Four Seasons Hotels Limited; the Fairmont and Swissotel units of FRHI Holdings Limited; Hilton Worldwide, Inc.; Kempinski AG; Mandarin Oriental Hotel Group; Marriott International, Inc. and its Ritz-Carlton subsidiary; The Maybourne Group; and Starwood Hotels & Resorts Worldwide, Inc. Products The company offers its hardware, software, and services as an integrated solution or unbundled, on an individual basis. It sells its hardware in combination with its services. Hardware The company's EverServ family of hardware platforms are designed for harsh hospitality environments, to be durable, scalable, and integrated - offering customers' competitive performance at a cost-conscious price. The company’s hardware platforms, compatible with popular operating systems, support a distributed processing environment and are suitable for a range of use and functions within the markets the company serves. The company partners with various vendors of complementary in-store peripherals, from cash drawers, card readers, and printers to kitchen video systems, allowing the company to provide a solution coordinated and delivered by one vendor. The company offers a range of POS hardware system designs and capabilities. Its hardware terminal offerings primarily include four POS product lines, such as EverServ 500, EverServ 7000 Series, EverServ 6000 Series, and EverServ 2000. The company’s hardware offering includes the EverServ 500 platform. Software: Restaurant Market The company’s restaurant market software offerings are designed to meet the requirements of large and small operators, franchise and enterprise alike in the three dominant restaurant categories, such as quick serve restaurants, fast casual restaurants, and table service restaurants. Each of these restaurant categories has operating characteristics and service delivery requirements and the company’s family of EverServ software offerings, are designed with the intent of, enabling customers to configure their technology systems to meet their order entry, food preparation, inventory, and workforce management needs, while capturing all pertinent POS and BOH transaction data at each location and delivering valuable insight throughout the enterprise. In addition to POS software, the company offers various complementary restaurant applications for the enterprise customer. EverServ Operations Reporting is a Web-based enterprise reporting solution that consolidates data from all restaurant locations, and is offered either as an on-premises installation or as a software-as-a-service. Designed for corporate, field, and site managers, this decision-making solution provides visibility into every restaurant location through a dashboard displaying customer-defined financials, sales analysis, marketing, inventory, and workforce variables. EverServ Operations reporting i


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Price/Book 1.1x
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TEV/Sales 0.2x

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