...entering reports into Excel, taking valuable time away from training new franchisees and refining business processes. To keep up with rapid expansion, Chop Stop needed
...use restaurant accounting systems that don’t produce restaurant-specific reports, the process to produce the right reports is manual and slow, and leaves operators with a
...insufficient KPI reports Your Key Performance Indicators (KPIs) are critical to your business health. While most KPIs can be controlled through smart business decisions, metrics
...increase their bottom line through the use of restaurant-specific accounting software. In many cases the labor costs for performing managerial duties (such as entering data
...Association, the average cost of restaurant turnover in 2021 was $1,869 per hourly employee, $8,119 per manager and $14,689 per general manager. Employee turnover affects
...in October 2022, 43% percent above October 2021 prices. These changes are a big deal in an industry with historically tight margins. That’s why it’s
...that: thrive, even in tough times. Part of that responsibility is helping restaurants prepare for what’s to come. Like the pandemic in 2020, the ongoing
...forward. I worked exclusively as an Account Executive for the Channel Partner Sales Team from January 2020 to December 2021. At that point, I stepped
...your GL, makes reports like the balance sheet longer because they must show each account. More importantly, the due from and due to account balances
...easy feat. Challenge Restaurant365, Levinson said, distills its operational and financial complexity into accurate, actionable reports that are a foundation for growth. “Restaurant365 has made
WEBINAR RECORDING From Data to Dollars: Custom Financial Reporting for Restaurants NOVEMBER 5TH 11:00 AM CT Most operators rely on standard reports that only tell
...costs go and how to control them. But spreadsheets and manual reports can’t keep up with the speed of today’s kitchens. Modern systems turn scattered
...matched up manually with performance reports. This copy-paste culture eats up time and opens the door to costly errors. And more importantly, it means you’re
...in reporting and makes it difficult to compare results across the brand. As brands expand, those differences become more noticeable. Corporate teams may spend extra
...on employee morale when there is a team disruption. The average cost of restaurant turnover in 2021 was $1,869 per hourly employee, $8,119 per manager
Restaurant labor cost is increasing at an unprecedented rate. According to the National Restaurant Association, hourly wages for restaurant employees grew by 12.1% between February
...following through savvy social media use. In fact, nearly two-thirds of marketers agree that social listening has increased in value during 2021. Summary Restaurants hold
...issue that operators are forced to combat. The prices of goods and services have increased 8.5 percent from March 2021 to March 2022, accounting for
...for Spring Break 2021. American travelers are mostly staying planted on U.S. soil, with 75% planning a domestic trip. According to the National Restaurant Association’s
Restaurant365 brings together accounting, operations, scheduling, and more in a flexible platform—empowering restaurants to choose the solutions they need and scale with confidence.
