Company overview
Company name: Yolkbrands
Industry: Hospitality, F&B
Location: UAE
Company size: 400+ employees
Products used: fileLedger
Use Cases: Supplier invoice processing, daily sales summaries, delivery orders
Yolkbrands is a UAE-born hospitality group which invests and operates a portfolio of F&B brands. Their goal is to become the leading quick-service restaurant (QSR) group in the Middle East.
Yolkbrands’s Objectives
As of 2024, Yolkbrands has 4 brand concepts - Pickl, Bonbird, 1762 and Southpour. These are a mix of fast food joints, cafes, and catering businesses. The team was looking to automate all their financial documents into NetSuite SOAP, across all outlets to free up administrative resources as they continued to focus on global expansion.
Specifically, Yolkbrands was looking to leverage fileAI across their 30 outlets and entities to:
Automate the processing and extraction of invoice purchases from their suppliers into NetSuite as vendor bills, allocated to the respective subsidiaries and locations
Automate the processing of daily sales summaries
Ingest delivery orders for their coffee roaster outlets
The fileAI Solution
Katia Fakih
Chief Financial Officer
fileAI’s Results
fileAI is processing documents for nearly all 30 of Yolkbrands’s outlets and entities today, totalling over 4000 files per month. With fileAI powering the automation of their bookkeeping processes, Yolkbrands has achieved greater productivity, speed, and more streamlined operations. This has allowed the brand to be more responsive to market demands, their customers’ needs, and fueled their expansion goals.
