Fourth is an all-in-one restaurant and hospitality workforce and inventory management platform, unifying recruiting, payroll, scheduling, and inventory under one system powered by its Fourth iQ AI layer for forecasting and above-store strategy. Formed in 1999 and merged with HotSchedules in 2019, Fourth now powers 120,000+ locations globally, including Taco Bell, KFC, Pizza Hut, and Dunkin’.

Smoother shifts. Smarter decisions. Powered by people + AI.

Key features

Fourth iQ AI Forecasting: AI-driven labor and inventory demand forecasting
Fourth iQ App for Managers: AI-driven guidance and recommended actions for daily execution
Above Store Strategy: connects leadership strategy to in-store execution, reducing performance variance
HotSchedules Workforce Management: unified hiring, payroll, scheduling, and compliance
Schedule Scoring & Task Management: scores schedule quality, manages operational tasks/checklists
Earned Wage Access & Tipping Management: early wage access, digitized tip payouts
Inventory Management (Adaco): purchasing, receiving, invoicing, recipe/menu engineering, prep planning

Strengths

Massive scale: powers 120,000+ locations globally, including Taco Bell, KFC, Pizza Hut, Dunkin', Sonic
Deep, decades-long domain expertise (founded 1999, merged with HotSchedules in 2019)
Broad integration ecosystem with major food distributors (Sysco, US Foods) and POS systems
Documented enterprise outcomes (Noodles & Company: 20% forecasting accuracy improvement, $4M+ labor savings; Chili's: 600 labor hours saved weekly)
Full suite spanning HR/payroll, workforce management, and inventory in one platform
Backed by institutional investors (Marlin Equity Partners, Insight Partners) with global operations

Best for

Large multi-location and enterprise restaurant chains (100+ locations) needing standardized forecasting, scheduling, and inventory control
Restaurant operations executives wanting above-store strategy tools connecting company goals to store-level execution
General managers needing AI-guided daily shift decisions and schedule quality scoring
HR and payroll teams needing integrated recruiting, HR, payroll, and earned wage access
Inventory/purchasing managers needing AI forecasting-driven purchasing, recipe costing, and waste reduction

Integrations

Sysco (native, deep, system)
US Foods (native, deep, system)
Toast (native, deep, system)
SpotOn (native, deep, system)
Squirrel (native, basic, system)

fourth.com

Fourth iQ

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