Remove Audits Remove Food Truck Remove POS
article thumbnail

What Is PCI Compliance for Restaurants?

Lavu

Tools like cloud-based POS systems simplify the process by automating updates and securing payment data. Most restaurants using modern POS systems will need SAQ B or SAQ C. These could include higher fees, mandatory audits, or even losing the ability to accept card payments altogether. Here’s what that involves: 1.

POS
article thumbnail

Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. You probably joined the industry to make delicious food to serve and create a great environment for your patrons. It includes all the cost incurred on food and beverage, payroll, taxes, and benefits).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Embrace the Suck

You have a major food distributor in your market that you are probably buying from. It could be Sysco, US Foods, Performance Food Group, Ben E. Keith, Shamrock Foods, Gordon FoodService or another regional brand. Things don’t just get loaded onto a truck by little magical elves.

article thumbnail

How Little Italy Ristorante Turned Hours of Payroll Processing into Minutes

7 Shifts

He could only access reports on the outdated POS when he was physically at the store. Little Italy Pizza in 2019 Since Avery came from a tech background, they upgraded their POS and adopted 7shifts for their scheduling software. They then use punch audit reports to view edits to staff timesheets and track missed punches.

article thumbnail

What’s Next?: MRM Restaurant Survival Guide Updates

Modern Restaurant Management

They include PepsiCo, Uber Eats, Constellation Brands, Moët Hennessy USA, Robin Hood Foundation, Ecolab, Cargill, Boston Beer Company, Shift4 Payments, P&G Professional, Ventura Foods, United HealthCare, The Elliot Group, Davis Wright Tremaine LLP, and the Light Foundation. ” The BOHA! restaurants.

article thumbnail

Ultimate Guide To Restaurant Cost Of Goods Sold (COGS) in 2024

7 Shifts

The cost of goods sold (COGS) is a restaurant metric that shows you the cost of all ingredients used to prepare a menu item, including the food, beverage costs, and other direct expenses. Phil Gadd, owner of The Loaf Bakery, said their company saved on labor costs by 4% when they used 7shifts with their POS system.

article thumbnail

The Complete Guide to Increase Your Restaurant Profit Margins

Lavu

This low profit margin can be attributed to the high overhead costs associated with running a restaurant, including rent, labor, food and beverage costs, and utilities, often account for a major chunk of your expenses, making it challenging to increase your restaurant profit margin. To enhance profits, effective food cost management is key.