Restaurant365

SEPTEMBER 23, 2021

Every business relies on good accounting, but it is especially true in the competitive restaurant industry. Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. How is restaurant accounting different?

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Cash Management Point of Sale POS Inventory 147

Modern Restaurant Management

SEPTEMBER 1, 2023

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them. Always date and label everything.

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Inventory Management Management Cash Management 180

ChefMod

MARCH 16, 2024

Restaurant owners and chefs know the struggle all too well: juggling invoices, keeping track of supplier credits, and ensuring that every dollar is accounted for. Understanding the Challenge Traditionally, handling supplier credits has been a cumbersome process, often leading to confusion and missed opportunities for savings.

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Management Management Mobile Ordering Demo 52

Lavu

FEBRUARY 14, 2024

At the forefront of this achievement is the POS software, a pivotal technology that has transformed how bars operate. Most quality POS systems feature built-in real-time inventory control software. Order Customization: Lavu vs. Lightspeed Restaurant POS Systems Not all bars offer the same drinks.

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ChefMod

MARCH 10, 2024

Welcome to the ChefMod FAQ post, where we address common questions and shed light on how our tailored solutions are revolutionizing procurement and accounts payable processes for restaurant owners throughout the country. Demystifying ChefMod: Your top FAQs Answered Here What is ChefMod? Who can benefit from using ChefMod?

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Mobile Ordering Pricing Customer Service Sourcing 40

7 Shifts

JANUARY 31, 2024

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. In addition to their main duties, restaurant managers also have to contend with all the unwritten or hidden responsibilities that fall on them.

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Management Management Kitchen Safety Front of House 195

Modern Restaurant Management

APRIL 21, 2022

Margin Edge co-founders Roy Phillips and Bo Davis dive into the evolution of restaurant tech: where we’ve been and where we’re heading next. They started the compamy with the goal of automating tedious back-office tasks, saving restaurant operators time and providing crucial data for making business decisions.

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Technology 2005 Mobile Ordering Point of Sale 197

Modern Restaurant Management

NOVEMBER 3, 2022

If you’re looking for an automated solution, there’s also a ton of third-party review platforms that will help you to handle this entire process. One big benefit to using third-party review collection software is that you can easily automate the process via SMS. Collect Reviews On-Site via Mobile Devices.

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Email Marketing Customer Service Website Management Customer Experience 203

Restaurant365

MARCH 5, 2020

From cloud-based POS systems to mobile apps designed to improve employee satisfaction and streamline scheduling, technology is bettering business and changing the landscape of restaurant management. Alcohol is a core revenue driver for any restaurant, earning around 20-25 percent of total sales across the country.

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7 Shifts

AUGUST 20, 2021

As a headline, it's become a familiar refrain, and as a challenge for restaurant owners, it's become a pylon that restaurateurs have had — or will have — to safely navigate around in order to protect margins and establish restaurant cost control. When a new wage is introduced, it becomes a fixed labor cost that a restaurant carries.

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Inventory Food Supply Seasonal Menu Food Order 195

Restaurant365

FEBRUARY 6, 2020

How to Do Bookkeeping for a Restaurant in 5 Simple Steps. Restaurant bookkeeping involves financial and accounting practices that track your business’ detailed costs and revenue. With the many moving pieces involved in a restaurant, a seamless accounting process can be difficult. Track Your Daily Sales.

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Point of Sale Inventory POS Cash Management 138

Xtra Chef

DECEMBER 30, 2020

Despite the challenges, the team at xtraCHEF is grateful to the restaurant community, to our customers, to our partners and to our employees for sticking together and doing what we could to make the most of a difficult year. But, like many restaurant operators, we had to get creative and identify solutions.

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Xtra Chef

OCTOBER 14, 2020

A recent study conducted by the National Restaurant Association showed that 60% of restaurant orders occur off-premises —a fancy way to say that the majority of consumers are now enjoying restaurant-prepared meals outside of an actual restaurant. Get a firm grip on food cost control with these three key tips.

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Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. For example, these common restaurant ingredients rose significantly in mid-December 2021 over the same period in 2020: Refined sugar – 31%. Automate manual restaurant inventory processes to help overcome rising food prices. from a year ago.

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Inventory Pricing Management Management 148

Xtra Chef

JULY 8, 2020

Recipe management software is quickly becoming a must-have for any restaurant operator who wants to gain quick and easy insight into plate costs. It’s a time-consuming process, but it’s crucial to the success of your restaurant for several reasons. Why Don’t More Restaurants Do Recipe Management?

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Management Management Front of House Back of House 89

Modern Restaurant Management

AUGUST 24, 2022

While restaurant staffing levels increased across the U.S. The question remains: Where are restaurants going to find enough people to fill those jobs? It’s an excellent way to improve business processes, reduce cost structure, and make your restaurant business more productive. in recent months (a net 1.9 Accounting.

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Sourcing Social Media Front of House Customer Experience 180

Xtra Chef

JANUARY 14, 2021

For most restaurant operators, pivoting to the new normal has become a major source of stress. However, the folks who are turning a blind eye to the back of house are missing a major opportunity to shape a better future for their operational processes. All restaurant operators have to do is sign up, onboard, and scan invoices.

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Operations Back of House Front of House Mobile Ordering 107

Modern Restaurant Management

APRIL 15, 2020

As a restaurant owner or manager, do you find yourself getting caught up in the intricacies and not being able to focus on aspects that matter? Whether it’s inter-team communication, improving table turnover, or reducing waste – an efficiently run restaurant results in an increase in sales and revenue. Material Handling.

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Technology Food Supply Kitchen Safety Waste 220

Sling

AUGUST 22, 2023

Incorporating such an app into your workflow can help you maintain employee productivity, streamline the payroll process, bill clients more accurately, and stay within the bounds of labor compliance. There are a number of great software options on the market, but some stand out above the rest. You can create a free Sling account here.

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2023 Employee Relations Website Management Sourcing 78

Orderly

DECEMBER 5, 2022

Technology in restaurant operations continues to play a very important role and is no longer a luxury but a necessity. Accounts Payable is the next back-office task to be taken over by automation eliminating the need for manual data entry and long invoice life-cycles. Restaurants are inundated with invoices on a daily basis.

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Technology Online Ordering Sustainability Book 52

Restaurant365

MARCH 30, 2022

6 signs it’s time to take the leap from bookkeeping to accounting software. As a restaurant operator, you are the backbone of the restaurant. While we are aware of the importance of bookkeeping and accounting services, keeping up with your restaurant’s finances is flat-out tedious work.

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Inventory Audits Point of Sale Information 78

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. Accurate restaurant inventory management requires both automated and manual steps.

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Inventory Management Management Food 78

Xtra Chef

MAY 13, 2020

At xtraCHEF, we believe that technology, especially in the back of house and back office, will play an ever-increasing role in the future of restaurant operations and uncovering new avenues for money and time savings. The Accounts Payable (AP) process is one of those operational areas in which technology can make a major difference.

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Sling

JULY 24, 2023

Restaurant management software is a rapidly expanding niche of software development. Some of these apps are designed to solve specific problems, like shift scheduling or point of sale , while others boast all-in-one suites for every aspect of restaurant management.

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Aaron Allen & Associates

MARCH 3, 2022

Running a restaurant is hard work. There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. Restaurant Inventory Management. Restaurant Labor Management.

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Management Management Mobile Ordering Point of Sale 120

Orderly

DECEMBER 5, 2022

This is the only software to complete the entire process from receiving an invoice to paying that invoice. Traditionally, restaurants pay their vendors in a few different ways. This process could easily lead to confusion and a duplication of work. Simply upload an invoice and we handle the rest.

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Cash Management Online Ordering Food Supply Food Order 52

Xtra Chef

OCTOBER 7, 2020

Managing and making the most of tight budgets has never been more important for restaurant operators. And with labor controls still uncertain in the wake of COVID-19, controlling restaurant food costs become even more important to maximize profitability. Take a look at how your restaurants handle maintenance!

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Equipment Document Customer Service Download 140

Restaurant365

SEPTEMBER 10, 2021

Inventory management tracks what’s going in and out of your restaurant for a specific period, and what product is in your restaurant at any given time. Inventory control is a key piece of your food cost and, ultimately, the profit margin for your restaurant location. How can you best approach restaurant inventory management?

Inventory 138

Inventory Management Management Point of Sale 138

ChowNow

OCTOBER 19, 2023

ChowNow has recently launched our Preferred Partner Program—a handpicked group of industry leaders to help take your restaurant to the next level. Learn More Toast Toast empowers restaurants of all sizes to build great teams, increase revenue, improve operations, and delight guests.

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Front of House Back of House Online Ordering Certification 78

Xtra Chef

JUNE 10, 2020

Restaurants continue to reopen across the country, operating under a new normal where capacity for service is slashed and social distancing measures are in place to mitigate the potential and perceived risks of dining out. In with the new normal, away with outdated processes. Utilize software integrations for clean exchange of data.

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Back of House Point of Sale Cash Management Pricing 78

Lavu

DECEMBER 20, 2019

software like QuickBooks. exclusively on digital invoicing, automatic payment, and account reconciliation. Others, like Sourcery, are end-to-end solutions that include vendor management as well as streamlined invoicing and. of accounts payable, including electronic invoicing and a range of fund transfer capabilities.

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Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? What is Restaurant Inventory Management?

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Inventory Management Management Waste 103

ChowNow

OCTOBER 18, 2023

ChowNow has recently launched our Preferred Partner Program—a handpicked group of industry leaders to help take your restaurant to the next level. Learn More Toast Toast empowers restaurants of all sizes to build great teams, increase revenue, improve operations, and delight guests.

Front of House 78

Front of House Back of House Online Ordering Certification 78

Restaurant365

JULY 21, 2021

When it comes to restaurant inventory, there are a lot of moving pieces. Understanding how to master restaurant inventory management is an invaluable skill. Your inventory control tracks what is coming in and out of your restaurant and what is left over during a certain period of time.

Inventory 78

Inventory Management Management Waste 78

Modern Restaurant Management

MAY 18, 2023

If there’s a long line – in a cafe, a pub, or a restaurant, for example – customers need to be able to pay quickly and securely. One 2021 survey suggested that non-cash payments were 73 percent higher than cash payments – good news for bar and restaurant owners! Quickly – and securely. A payment gateway.

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Hospitality Point of Sale POS Online Ordering 158

Restaurant365

FEBRUARY 19, 2020

Staying competitive in the modern restaurant industry requires devoting time, energy, and resources to restaurant accounting. . Modern restaurant accounting methods depend on accurate and timely data about your business. What is Restaurant Accounting? The restaurant industry is infamous for slim margins.

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Point of Sale Cash Management Inventory Consumer Goods 120

Restaurant365

JUNE 26, 2020

Sarah Ballard, director of finance and a Certified Public Accountant, explained that C21 Group/BLCO was using many different sources of information that needed to be transferred into QuickBooks manually, from the store point-of-sale (POS) to other store operational software. ” She also takes advantage of R365 for controlling costs.

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