The Fifteen Group, North America’s Leading Hospitality Consultancy, provides professional services to Optimize Operational Efficiency and Profitability
Leading North American hospitality consultancy, The Fifteen Group and XTM, Inc., a Miami and Toronto-based Fintech company in the neo-banking space, have recently signed an agreement to work together to offer XTM’s Tipstoday Early Gratuity Access Payout to restaurants with the goal of achieving greater operative efficiencies.
The Fifteen Group signed its 1,000th client in 2020 and has 30+ consultants working throughout North America, creating a strategic, planned approach towards restaurant operations for optimal client success. With more than 20 years’ experience, The Fifteen Group works with a range of clients and services from independent owner-operators to large, multi-national chains across restaurants, bars, hotels, golf courses, and more. The Fifteen Group is recognized for their expertise in profit and operational optimization for new and existing hospitality concepts.
“We are thrilled to be working with XTM and their Tipstoday product in our aim to offer new and innovative ways to help our restaurant clients improve their operations,” said David Hopkins, President of The Fifteen Group said. “Tipstoday provides restaurants with the tools they need to digitize and streamline gratuities and ultimately enhance employee satisfaction and attraction. Whether we are developing a new concept or helping a chain of restaurants boost profitability, we see this synergy as an effective means of bolstering the hospitality industry’s growth and recovery.”
“Our association with The Fifteen Group grows our business and makes us smarter,” said Marilyn Schaffer, CEO, XTM. “As a solution bespoke for the hospitality industry, this union will help both XTM’s business grow as will our knowledge and insights. We have an iterative culture whereby our learnings are constantly built into our Agile UX and engineering cycles. We are enthusiastically optimistic of our resulting near-future gains.”
Also announced today, in adherence with its restricted share unit (“RSU”) plan (the “RSU Plan”) pursuant to which the Company may grant options and RSUs to attract, motivate and retain directors, officers, employees and consultants, and to align the interests of plan participants with those of the Company’s shareholders, XTM announced that on July 7, 2021 it issued 525,000 RSUs to its external Board members and to strategic partners. The RSUs were issued as part of the contractual and discretionary compensation set out for such employee and consultants.
