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Halo Users Now Enjoy True Market Benchmarking
Vancouver, B.C., Canada: March 20, 2006
Vivonet, Inc. today unveiled the Halo Market Report to their
restaurant customers as part of the new release of Halo Version
1.5. The Halo Market Report enables restaurant operators to
measure their revenue, customer counts, and menu prices against
the entire Halo User-Community as a whole for any given date
range. The information is calculated automatically and delivered
to Halo users on-demand via the Web as a standard feature in
Halo Version 1.5. Now, Halo users can immediately see how they
compare to a broad sample of food service operations across
North America. Never before have restaurant operators been able
to accurately measure themselves against the market to get a
true and relevant perspective of their performance.
“The Halo Market Report represents a significant turning
point in the evolution of Vivonet’s hospitality management
and payment processing systems”, said Ryan Volberg, Vivonet
co-founder, CEO and President. “Our objective with the
Halo Market Report was to provide operators with a way in which
they could compare themselves against the market. This is critical
to measuring the real impact of marketing investments and other
strategic decisions, and to simply understand the true market
relevance of any measured increases or decreases in the success
of their business. The Halo Market Report answers the question,
'is it just me or is everyone else experiencing the same market
influences?'”
To date, market and benchmarking data have been speculative
at best, often emerging from ad hoc conversations with suppliers
and other industry stakeholders. While every POS system from
the simplest cash register to the most sophisticated touch-screen
system will accurately tell you what your sales are, only Halo
can give this information the relevance it needs to accurately
guide operating decisions, placing it in the context of how
the market is really moving historically and in real-time. The
Halo Market Report enables operators to get smarter about their
real performance, and this will inevitably drive success in
the industry.
“Halo’s revenue management solutions give me acute
insight into my business operations. I am better able to understand
my business and make immediate changes that improve the bottom
line. The addition of the Halo Market Report to the Halo POS
system further strengthens my ability to understand my business,”
states Keith Thibert Co-Founder/Owner The Kolachy Shop and Halo
user.
About Vivonet Inc.:
Vivonet is an on-demand solutions provider that enables, acquires
and organizes millions of transactions every month for customers
in the automotive, hospitality and retail sectors across Canada
and the United States. Vivonet provides on-demand enterprise
management (ERP), point-of-sale (POS), payment processing and
benchmarking solutions for its customers. Vivonet aggregates
the transaction data created by its customers, giving the company
the unique ability to allow their customers to benchmark their
performance against other users. By using Vivonet’s Community
of Brands: Autoprise, Halo and Zata™, customers are equipped
and empowered with information they can use to make better decisions
for their businesses.
About Halo:
Halo is a POS and payment processing solution that is delivered
and managed over the internet that includes powerful data warehousing
and industry benchmarking features. Halo's seamless offline
capabilities keep it fully operational even if a customer's
Internet connection experiences an outage. Using Halo, customers
get the business power of the world's greatest hospitality chains
for the price of a cash register.
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