Remove automated-invoice
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A Case Study for Automating the AP Process

Modern Restaurant Management

This is how they made the investment to automate their AP system. The initiative to automate our AP process was really kick-started during Covid. This included receiving, managing, and approving invoices for our then eight different Taco Bell franchises, as well as paying all of their suppliers.

Franchise 173
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Survey Says: Restaurateurs Are Making Expansion Plans

Modern Restaurant Management

Many took the opportunity to reevaluate their businesses’ needs in 2023, carefully considering everything from where automation and AI can improve day-to-day operations to creating more innovative menus. I think automation will be the biggest trend of 2024. It’s the same with automation more generally.

2024 203
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5 Ways to Improve Your Restaurant’s Bottom Line with Automated Invoice Processing

Margin Edge

Daily back-of-house keeps you busy, although staying on top of invoices and accounting nitty-gritty isn’t always the first thing on your mind during service hours. The right restaurant management system (RMS) takes over the daily processing of invoices via a mobile app your staff uses to snap photos.

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How Can I Prevent Contract Overlaps and Overpricing?

Modern Restaurant Management

To better manage and keep a handle on contract management, operators can conduct routine invoice audits, automate their contract management, monitor price and market trends, and review their MDA’s. Here’s a deeper look at each: Constant Auditing of Invoices. Automate Contract Management.

Audits 233
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Inflation Takes a Bite at the Restaurant Industry; How Can Operators Cope?

Modern Restaurant Management

Invoice processing, ordering, food cost management, and analysis are a time consuming, but necessary evil. The first is through the ability to automate invoice processing. Every business owner knows what a chore manual data entry is, whether it’s paying or creating invoices. Keep Managing Costs.

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Protect Your Restaurants from Invoice Fraud through Technology

Modern Restaurant Management

So what are some of the benefits of AP automation, and how can using this technology protect restaurants from fraud? Compliance is a crucial factor in detecting and safeguarding businesses against invoice fraud, which in practical terms, means centralizing transactions through payments solutions software.

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Successful Restaurant Accounting for Non-Accountants

Restaurant365

Reviewing invoices for accuracy and ensuring payments are made correctly and on time presents another accounting issue. with automated invoice coding and entry, and direct feeds of POS data. Your point of sale (POS) system is a central piece of your accounting system, because you can use it to automate useful data entry.