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DocsInBox Raises USD500K to Revolutionize Procurement in UAE’s F&B Sector

DocsInBox Raises USD500K to Revolutionize Procurement in UAE’s F&B Sector

– DocsInBox secures USD500K to enhance procurement efficiency in the UAE’s F&B sector, aiming to streamline operations within the HoReCa industry.

– The platform significantly reduces processing time for accountants and minimizes manual work by 15%, optimizing staff allocation and enabling restaurants to focus on delivering exceptional experiences.

– With its seamless integration with restaurant point-of-sale systems and accounting software, DocsInBox empowers restaurant owners to establish robust financial control and drive overall success and growth in a competitive landscape.

DocsInBox, an innovative e-invoicing and procurement solution, has secured $500,000 to streamline operations within the HoReCa sector as it ventures into the MENA market.

This platform simplifies the ordering process for purchasing agents and significantly reduces processing time for accountants, from 300 seconds to a mere 13 seconds.

By automating the posting of supplier invoices and offering precise control over ingredient pricing, DocsInBox minimizes manual work by 15%, optimizes staff allocation, and enables restaurants to focus on delivering exceptional experiences.

DocsInBox plays a pivotal role in the UAE’s push to digitalize its economy, particularly through e-invoicing. Through its system, suppliers can provide feedback on received orders, contributing to broader e-invoicing initiatives in the UAE and shaping the region’s digital economy.

One of the significant advantages of DocsInBox is its seamless integration with restaurant point-of-sale (POS) systems and accounting software. Beyond enhancing operational efficiency, it empowers restaurant owners to excel in the competitive landscape, establish robust financial control, and drive overall success and growth.

Kshitij Saxena, Head of Growth and Strategy, highlights the company’s dedication to revolutionizing the restaurant industry: “DocsInBox is revolutionizing restaurant operations, streamlining workflows, minimizing manual processes, and reducing operational costs by 5% and food costs by 8%. Our market research indicates a strong demand for DocsInBox among UAE restaurants, and we are excited to meet this need.”

As DocsInBox enters the UAE market, its mission is crystal clear: to empower restaurant operations with real-time data, accurate insights, and time-saving automation, thereby driving cost reduction, waste reduction, and profit enhancement across the F&B industry.

 With the F&B sector projected to reach $19.98 billion in 2024 and grow to $43.98 billion by 2029, DocsInBox is poised to play a significant role in this thriving market.

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