A Combination of Traditional, Remote Audits and Self-Auditing Will Trend into the Future

Modern Restaurant Management

Restaurants have traditionally relied on annual, biannual, or quarterly audits, where an inspector visits the facility and conducts an in-person assessment of health and safety protocols. A Combination Auditing Approach Will Become the Norm.

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COVID-19-Related Government Budget Deficits May Spur Aggressive Payroll and Sales Tax Audits 

Modern Restaurant Management

Although the IRS and state taxing authorities have initially slowed their pace of audit activity to protect the health and safety of their own employees during these turbulent times, this is only temporary. Finance Law sales tax sales tax audits payroll tax

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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.

Restaurants’ New Brand Challenge: Delivering a Consistent Customer Experience in an Inconsistent World 

Modern Restaurant Management

That approach begins with the judicious application of data from brand compliance audits. Restaurants rely on surveys and brand audits to provide valuable measurements, allowing management to assess standards across their locations and make adjustments when issues crop up.

NTN Buzztime, Inc. Received Audit Opinion with Going Concern Explanation

Buzztime Business

NYSE American: NTN) is required under the NYSE American LLC Company Guide to make a public announcement through the news media disclosing the receipt of an audit opinion that contains a going concern emphasis. Received Audit Opinion with Going Concern Explanation appeared first on Buzztime. CARLSBAD, Calif., March 24, 2020, — NTN Buzztime, Inc.

How to Assess Your Parking Lot Repair Needs After Back-to-Back Mild Winters

Modern Restaurant Management

Self-Audit Your Lot and Define a Baseline for Repairs. When auditing, keep track of how many of each of these issues exist, as well as how extensive the damage is. Design Equipment Bob Lester parking lot audits parking lot repairs parking lots spring parking lot work

The Smart, Legal Way to Pay Your Restaurant Delivery Drivers

Thrive POS

He became an expert the hard way - suffering through a grueling Department of Labor audit of 2 years worth of delivery payments to drivers for his multi-unit restaurant franchise. Brian Schaaf knows a lot about restaurant delivery driver reimbursements.

Is Your Ghost Kitchen Haunted by Food Safety Breaches?

Modern Restaurant Management

Audit differently. Now, food businesses – including ghost kitchens – are creating a culture of collaboration and development by changing their audit processes.

How FreshCheq is Priced by Restaurant Owners, for Restaurant Owners

FreshCheq

From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. There are many ways that companies price the software that businesses use to manage food safety and their daily processes.

How FreshCheq is Priced by Restaurant Owners, for Restaurant Owners

FreshCheq

From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. There are many ways that companies price the software that businesses use to manage food safety and their daily processes.

How to Achieve Consistent Operating Procedures Across All Your Restaurant Locations

Transact

Simplify Audits. Step-by-step Standard Operating Procedures are in place for good reason – several reasons, actually. The advantages of following Standard Operating Procedures are undeniable: Achieve Consistency. Ensure Uniformity. Improve Quality Assurance. Ensure Personal Safety.

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DoorDash and Postmates Pay Out More Than $350,000 to Seattle Gig Workers Due to Hazard Pay Law

EATER

Both companies conducted voluntary audits around compliance with the new mandate [link

Top three procedures to help restaurants thrive

Transact

Additionally, the system’s Checklist function helps them manage daily food safety and operational tasks, as well as regular maintenance and audit procedures.

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Managing Risk and Protecting Your Brand

Modern Restaurant Management

Ironically, now that restaurants must implement stringent new safety protocols and ensure compliance, it’s become difficult to secure third-party audits due to COVID-related travel restrictions and limits to interpersonal interactions.

The New Normal: How Technology Can Help Streamline Restaurant Operations

Modern Restaurant Management

Restaurant operators who have yet to integrate technology into different aspects of their operations should conduct an audit. Furthermore, audits provide reliable, real-time analytics—the generated insights go beyond checking whether all employees are following the procedures.

Ensure Your Parking Lot Is Safe for Outdoor Dining

Modern Restaurant Management

To make sure consumer health and safety is prioritized, operators should be auditing lots for quick repairs, adjusting signage to control traffic, as well as taking care of outside factors like city permits and permissions. Auditing Lots for Damage and Quickly Conducting Repairs.

Restaurant Modernization — It’s More than Customer-Facing Tech

Modern Restaurant Management

Even before the pandemic, customers at my software company, RizePoint, were trending toward doing more self-assessments at each location to track the results of big yearly audits and to get better views into how things are right now instead of a single point-in-time view.

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Four Major Benefits of Tech Tools to Elevate Safety and Quality

Modern Restaurant Management

Increasingly, restaurants are using tech tools to conduct regular self-assessments, which supplement in-person and remote audits. Self-audits can (and should) be implemented more frequently than third-party audits as part of your restaurant’s continuous quality initiative.

What the New 1099-NEC (Nonemployee Compensation) Means for Your Restaurant Business

Restaurant365

Accuracy in these numbers is key to remaining compliant in case of an audit. The IRS has always done audits for organizations on employment tax issues, which included reviewing Form W-9 and 1099 compliance. As a result, Form 1099 audits are becoming more common.

R365 Brings Restaurant Technology Innovation & Celebration to 2022 Show

Restaurant365

AP Payments turns it into a digital workflow with audit and approval features that help earn rebates, control accounts payable, and help teams recoup time to focus on more important initiatives that benefit guests and the bottom line.

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The Fog of War Is Clearing. Now What?

Aaron Allen & Associates

What a Thorough Restaurant Marketing Audit Should Cover. Last Updated on July 9, 2020 A restaurant marketing audit should be as common and as much a part of life for restaurant chains as. Questions to Ask During a Restaurant Brand Audit.

Keep Your Outdoor Dining Space Compliant for Guest Safety

Modern Restaurant Management

Auditing Your Outdoor Dining Space Before Permit Request. Before applying for a permit or renewal, it’s in your best interest to audit the parking lot for any new safety hazards.

Food Safety Practices in the Time of COVID-19

Modern Restaurant Management

As of March 18, 2020, the Food and Drug Administration (FDA) has suspended onsite audit requirements associated with the FSMA due to the COVID-19 (coronavirus) pandemic. FSMA audits are on hold for now, but when the crowds return so will the audits.

Avoid Health Infractions and Improve Your Restaurant Letter Grade With BOHA!

Transact

Improve your audit scores and remain compliant with BOHA! The Health Department’s decade-old practice of Restaurant Letter Grades isn’t what it seems. The appearance of a Health Inspector in your restaurant can be a frightening thing.

The 5 Things Food Vendors Don't Want You to Know

Embrace the Suck

What you want to ask for is margin instead of markup and you want it to be auditable. Get it in writing, and every six months ask for an audit to see if they are living up to the agreement.

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Restaurant Cyber Security: How To Prevent Data Breaches

7 Shifts

Most restaurants will file this information away in the back office or in a cloud-based HR platform, but it's critical you audit who has access to this information and for what purposes. Audit your existing POS and check to see what PCI compliance standards they have.

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Seven Ways to Lower Restaurant Labor Cost

Modern Restaurant Management

Number Three : Audit your time keeping. Number Four : Audit sales every half-hour in your POS system. In about one week the restaurant industry went from paying overtime to employees because of a shortage of employees to skyrocketing unemployment rates.

Improving Restaurant Cybersecurity to Keep Your Restaurant Data Secure

Restaurant365

A professional forensic audit of your business. Creating a risk assessment plan for your business may require obtaining a cybersecurity audit from a cybersecurity professional or consultant. Audit the number of systems your restaurant is running.

SSAE 18: Why it’s critical in selecting a technology partner

Crunchtime

SSAE stands for Statement on Standards for Attestation Engagements , which is overseen by The American Institute of Certified Public Accountants (AICPA) and more specifically the Auditing Standards Board (ASB). How do your technology partners show that you can trust them? Ask for their SSAE 18 documentation.

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Marketplace Collection Laws Present Unique Challenges for the Restaurant Industry

Modern Restaurant Management

Some of these marketplace collection laws were hastily enacted and state revenue agencies may still be issuing guidance, determining audit enforcement practices, and resolving practical implementation issues as they arise. Audits.

What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? This edition of MRM's "Ask the Expert” features advice from Buyers Edge Platform.

ESG: What It Is and How Restaurant Operators Can Adapt

Restaurant365

Governance issues: Board composition; audit committee structure; bribery and corruption; executive compensation; lobbying; political contributions; and whistleblower schemes.

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15 Super Helpful How-To Articles for the Restaurant CEO

Aaron Allen & Associates

How to Perform a Marketing Audit In today’s era of a rapidly increasing pace of change, many chains fail to perform periodic, top-to-bottom audits of their marketing objectives, strategies, and activities. Those who perform marketing audits shouldn’t just be able to answer “What are we doing?” Similarly, a modern restaurant brand audit requires much more than just auditing a company’s marketing efforts.

WHAT RESTAURANT OWNERS GET WRONG

Culinary Cues

Many, many small restaurants fall victim to failure to pay sales tax, Department of Labor audits on payroll, or overdrawn accounts due to poor money management. [] NOT PAYING ATTENTION TO THE COMPETITION.

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FreshCheq announces integration with Thermapen Blue wireless thermometer technology

FreshCheq

Save time and money with operating procedures such as store checklists, temp logs, food waste logs, audits, corrective actions, reporting and more.

Essentials of Payroll Accounting for Restaurant Groups, Part 2

Restaurant365

No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. With payroll software, you can have access to a full audit trail with information stored in a secure database.

The Advantages of Connecting Your Restaurant Group’s Payroll and Accounting Systems

Restaurant365

Payroll compliance is required to avoid hefty fines and regulatory audits. Payroll and accounting are some of the most complex, and critical, responsibilities for a restaurant. It is especially important to get payroll correct, because it is a heavily regulated aspect of running a business.

Simplify Restaurant Accounts Payable with Automation

Restaurant365

AP automation provides you with an audit trail showing every step in the process and allows you to quickly correct problems.

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Why Restaurant Accounting Software is Good for Your Business

Lavu

Simplifies Auditing. A complete audit trail is provided from the source of information to the destination. If you are looking at a profit and loss item, you can move along the audit trail to confirm its accuracy in the original POS transaction.

Guest Blog: Fixed Asset Accounting: Say Goodbye to Inaccurate Balance Sheets

Restaurant365

You struggle through end-of-year audits trying to reconcile fixed asset additions and retirements while checking to ensure you’re not inflating the balance sheet. The problem can compound each year, triggering dreaded end-of-year audits.

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