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Fourth Enterprises offers a software-as-a-service platform for workforce management, payroll HR, and inventory management tailored to hospitality and retail. The system uses AI-powered demand forecasting and analytics to help businesses optimize labor costs and manage inventory more efficiently. It provides an integrated solution that combines labor optimization, HR/payroll, and inventory control in one cloud-based platform, instead of relying on multiple separate tools. Its goal is to help restaurants, hotels, and retailers reduce costs and increase profitability through smarter staffing, payroll, and inventory decisions.
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1999
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Unlimited Paid Time Off
Flexible Work Hours
401(k) Company Match
Parental Leave
Paid Vacation
Paid Holidays
Wellness Program
401(k) Retirement Plan
Fourth Company tops 6-team field in 5K Run Teams-Midshipmen at Kings Point on Aug. 1, 2026, per RunSignUp. Fourth Company finished first among six teams in the 5K Run Teams-Midshipmen at the The Peter Racket '61 Memorial 5K Run in Kings Point, New York, on Aug. 1, 2026, posting a time of 21:48.47. See full results at RunSignUp results. Team Results for the 5K Run Teams-Midshipmen at the 5K Run | Place | Team | | 1 | Fourth Company | | 2 | Third Company | | 3 | Fifth Company | | 4 | First Company | | 5 | Second Company | | 6 | Band Company | Places and teams are shown as listed in RunSignUp's published team results.
Fourth, a workforce and inventory management solutions provider for the hospitality industry, has appointed Scott Collison as chief executive officer. Collison brings over 20 years of experience scaling technology companies and will lead Fourth's AI-focused product innovation for restaurant operators. Collison most recently served as CEO of Personify, overseeing strong recurring revenue growth before its sale to Momentive in late 2025. He previously held senior roles at Salesforce and VMware, served as CEO of Anaconda, and co-founded Geeknet. Fourth serves over 15,000 customers and 100,000 locations globally, including major brands such as Chili's, Dunkin' and Pizza Hut. The company claims its solutions help operators reduce costs by up to 20% and boost profits by 3–5% through automation and AI-powered insights.
Fourth, a workforce and inventory management solutions provider for hospitality, has launched Fourth iQ 3.0, introducing AI capabilities for executives overseeing multi-location restaurant performance. The platform provides unified visibility across labour, sales, margins and execution, connecting strategic insight with operational execution. Key features include AI-powered balanced scorecards for estate-wide performance views, a virtual assistant for natural-language queries, technology adoption tracking linked to ROI, correlation analysis identifying effective practices, and anomaly detection for early issue identification. The system aims to help leaders understand performance drivers across locations and take proactive action. Lazy Dog Restaurant and Bar's CFO Robert Linder stated the platform helps drive consistent multi-location performance. Fourth iQ 3.0 complements existing in-store AI capabilities to create a connected operating system linking above-store intelligence with store-level execution.
Fourth, the leader in back-of-house technology solutions for restaurants, announced the launch of the Restaurant Operations Suite.
AUSTIN, Texas--(BUSINESS WIRE)--Fourth, the leader in workforce management, inventory management and recruitment solutions for the restaurant, hotel, retail, and leisure industries, today announced the launch of Fourth AI built and trained on the largest data set in the industry. The new capabilities are available as part of the HotSchedules, MacromatiX and PeopleMatter solutions.“The complexity of operating a restaurant or hotel has exploded,” said Clinton Anderson, CEO of Fourth, “which has kept managers chained to their laptops instead of out on the floor with their guests and staff. The new set of AI capabilities lets managers focus on people, service, and creativity, rather than on constant firefighting. With our AI models trained on the industry's largest dataset, we believe Fourth is uniquely positioned to embed AI across our customers entire restaurant operations.”The Fourth AI Platform is the first of its kind with a set of AI-based workforce, inventory, and recruitment solutions purpose-built for restaurant, retail and hospitality operators. Companies like Papa Johns, Pizza Hut, Whataburger, and Bloomin’ Brands are among the many businesses enjoying the competitive advantage this technology delivers.Brinker International has deployed HotSchedules on the Fourth AI platform across a number of their US sites to power their workforce deployment. Brinker’s Jason Noorian, Senior Director of Finance, explains, “Our managers have seen a significant uplift in the accuracy of scheduling, taking the guesswork out of making a busy operation profitable.”The power of Fourth AI is available throughout its entire suite of solutions for automating and optimizing back-office operations in the restaurant, hotel, retail, and leisure industries:Workforce Management: HotSchedules is now generally available with AI Forecasting, which provides highly accurate demand forecasts and recommended shift patterns
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Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1999
Find jobs on Simplify and start your career today