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AP Automation for Restaurants is No Longer a Nice-to-Have. Here’s Why

Xtra Chef

This makes reconciliation and audits easier than ever to navigate. We offer apps on both the App Store and Google Play so you don’t need to be tethered to the restaurant to reconcile invoices, review inventory, or manage recipes. Seamlessly share information between FOH, BOH, and accounting.

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Pitfalls Of Starting A Restaurant Franchise — Is Your F&B Concept Fit For Expansion? Are You Ready To Deal With Franchisees?

Apicbase

Audited financial statements can reassure potential business owners and investors. Data sharing via API ensures that all tech within the restaurant ecosystem is using the same numbers for sales, labour and inventory. Also, monitor no-so-obvious KPIs such as food cost variance , inventory turnover and food waste.

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How To Run A Successful Restaurant Franchise — 10 Essentials For Sustainable Growth

Apicbase

Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. Schedule your free demo today!