Zitti is a payment and procurement platform designed for the food industry, enabling restaurants to compare vendor pricing, streamline invoice management, and optimize cash flow through a single portal. By automating payment processes and leveraging group purchasing contracts, Zitti helps reduce food costs and improve operational efficiency for restaurant owners.
Funding
$3.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Restaurants often struggle with inefficient procurement processes, including comparing vendor prices, managing invoices, and optimizing cash flow, leading to increased food costs and operational inefficiencies. These manual processes are time-consuming and prone to errors.
Solution
Zitti (previously) offered a payment and procurement platform tailored for the food industry, designed to streamline back-office operations and reduce overall food costs. The platform enabled restaurants to directly compare pricing across vendors, automate accounts payable processes, and leverage group purchasing contracts to gain cash back on everyday purchases. Zitti's AI assistant, Chat Z, provided personalized procurement assistance, helping users negotiate with vendors, analyze pricing, and optimize spending. By digitizing invoice management and payment processes, Zitti aimed to improve cash flow and prevent fraud, allowing restaurant owners to focus on core business activities.
Target Audience
Zitti targeted single-location restaurants, multi-unit restaurants, and small chains seeking to simplify back-office processes, optimize spending, and improve cash flow management.
Features
- Universal Order Guide: Direct price comparisons across vendors to prevent overspending.
- Chat Z: AI-powered procurement assistant for vendor negotiation and spend optimization.
- Group Purchasing: Cash back on food items and supplies through Zitti's purchasing contracts.
- Zitti Payments: Streamlined accounts payable process with single-portal vendor payments.
- Automated invoice management: Digital invoice capture and processing to reduce manual data entry.
- Payment scheduling: Instant or due-date based payment scheduling to avoid late fees.