7 Shifts

NOVEMBER 15, 2024

For example, they may focus first on customer-facing tasks like seeing to it that food orders are prepared and served on time, as this directly impacts customer satisfaction. 34% of restaurant customers have noticed longer order processing times, which should alarm any good manager.

Leadership

The Restaurant Group

DECEMBER 8, 2024

Conducting a Food Waste Audit A food waste audit identifies where and how waste occurs in your restaurant. Tools and Technology for Monitoring Food Inventory Software : Track stock levels and expiry dates to reduce spoilage. Organize Storage : Keep storage areas neat for easy inventory management.

Waste

Lavu

MARCH 17, 2025

Leverage POS Systems : Tools like Lavu POS automate inventory tracking, reduce order errors, and provide real-time insights. Start by tracking inventory, analyzing menu performance, and negotiating with suppliers to cut costs and boost profits. Log spoilage through inventory adjustments. Whole Wheat Bun $0.30 0.30 = $17.17

Food

QSR Automations

JUNE 10, 2025

From ingredient ordering to food prep to timely order flow, restaurants will be able to accurately predict, plan, and execute operations more efficiently. Crunchtime software is used in over 150,000 locations in 100+ countries to manage inventory, staff scheduling, learning and development, food safety, operational tasks, and audits.

Technology

Lavu

JULY 18, 2025

In a fast-paced restaurant environment, even small losses can add up quickly—whether it’s from employee theft, inventory errors, or unauthorized discounts. Modern POS systems offer powerful tools to track transactions, monitor staff activity, and tighten inventory control—all in real time. That’s where technology steps in.

POS

Lavu

APRIL 17, 2025

Modern POS systems arent just for order-taking; they can now help track, optimize, and reduce energy usage across daily operations. Track inventory to reduce food waste and energy-intensive storage. Improving Inventory Management Managing inventory efficiently also plays a role in energy savings. The good news?

Waste

Paper Chase Accountancy

JULY 2, 2025

Staying Compliant and Audit-Ready The IRS, state tax authorities, and even local health departments have stringent requirements for financial record-keeping in restaurants. Neglecting regular financial updates can lead to significant penalties, interest charges, and the nightmare of an audit. Is inventory shrinkage an issue?

Cash Management

Lavu

MAY 2, 2025

KDS Integration : Streamline order preparation with allergen-specific alerts. With cloud-based platforms, restaurants can update allergen details in real time across all ordering channels. Real-time inventory tracking is another key advantage. Allergen Label Printing : Automate allergen labels for packaged and takeaway items.

Allergens

Lavu

JULY 25, 2025

Here’s how it helps: Eliminates Manual Data Errors: Automates order processing and tax calculations , reducing human mistakes. Syncs Inventory with Sales: Tracks stock in real-time to prevent waste and over-ordering. Handles Taxes Seamlessly: Automates tax calculations and creates clear audit trails.

POS

Lavu

JUNE 26, 2025

Restaurant accounting is the process of interpreting and analyzing the revenue, cash flow, inventory, and income statements of a restaurant. Let’s start with some basic terms: Cost of Goods Sold (COGS): This is the cost of all the items and ingredients on your menu (Beginning Inventory + Purchased Inventory – Ending Inventory).

2025

Lavu

AUGUST 1, 2025

Restaurant and bar scams are more common than many business owners realize—ranging from cash skimming and inventory theft to fraudulent voids and unauthorized discounts. A transfer scam is when a server opens a check and then transfers order items from cash checks to an open check throughout his or her shift. What is a transfer scam?

POS

Lavu

JUNE 13, 2025

It offers features like inventory management, employee management, and reporting, which can be beneficial for corporate cafeterias. Partnering with a reliable POS provider like Lavu ensures smooth operations from day one with inventory tracking, payment processing, and reporting features built for cafeterias.

2025

Paper Chase Accountancy

JULY 25, 2025

Accounting must track and analyze performance across peak and off-peak seasons, affecting revenue recognition, staffing, and inventory management. Point-of-Sale (POS) Integration: Seamless integration with POS systems is critical for capturing sales data, managing inventory in real-time, and ensuring accurate revenue reporting.

Hospitality

Harbor Touch

MARCH 16, 2025

error rates (too many typos in orders?), and task completion times (how long to process inventory?). Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Use real-time POS reporting to catch order delays; if the kitchens slammed, adjust staffing on the fly.

POS

Lavu

MAY 2, 2025

Steps to Implement : Input accurate allergen data, train staff, and regularly audit for compliance. Cloud-based systems like Lavu make it easier for restaurants to apply uniform allergen tags across all ordering platforms. Online ordering : Options to filter allergens on delivery platforms.

Allergens

Paper Chase Accountancy

JULY 24, 2025

Their expertise in hospitality accounting solutions can help ensure the restaurant’s financial services are in order. A restaurant accountant focuses exclusively on the financial aspects of a restaurant, such as revenue tracking, payroll, and inventory costs. Their expertise is honed on the complexities of food service finances.

Book

Paper Chase Accountancy

MAY 21, 2025

They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. POS System Integration: Seamlessly integrating point-of-sale data into accounting systems for real-time sales tracking, inventory updates, and precise revenue recognition.

Hospitality

Paper Chase Accountancy

MAY 20, 2025

However, there are common pitfalls that restaurant owners need to be aware of and avoid in order to maintain healthy finances. Restaurant accountants, for instance, must navigate the challenges of fluctuating inventory, high-volume cash transactions, and regular tipping practices, which are unique to the restaurant industry.

Cash Management

Paper Chase Accountancy

JULY 3, 2025

Cost Control : It’s essential for inventory management and controlling food and beverage costs. Managing Payroll and Inventory: These services handle employee payments and track inventory, reducing potential errors and theft. Services : Ensure they offer comprehensive services, from tax planning to audit representation.

Hotels

Paper Chase Accountancy

JULY 25, 2025

They tailor their services to the unique needs of the hospitality industry, understanding the complexities related to revenue management, inventory control, and labour costs. Here’s what to expect from these London-based firms: Accurate financial reporting : Regular reports on profit and loss, balance sheets, and cash flow.

Hospitality

Paper Chase Accountancy

JULY 30, 2025

Key Takeaways Hospitality bookkeeping services cater to unique financial needs, including specialized revenue tracking and inventory management. Inventory Management : Unlike traditional bookkeeping, hospitality bookkeeping involves meticulous inventory management, especially for perishable items.

Hospitality

SpotOn

JULY 15, 2025

You’ll need to maintain a level head when people drink too much, remember who ordered what, and somehow keep a smile on your face when the pressure to perform feels like too much, and it’s three people deep across the entire bar top. ' Treat every stage like an audition because that’s exactly what it is. 

Front of House

Paper Chase Accountancy

JULY 15, 2025

Bookkeeping Los Angeles: Isn’t it crucial for any business to ensure their finances are in order? How Bookkeeping Los Angeles Experts Help You Stay Audit-Ready Bookkeeping Los Angeles professionals play a significant role in ensuring businesses stay audit-ready. A single mistake can lead to penalties or worse, an audit.

Audits

Paper Chase Accountancy

JULY 18, 2025

Improper Deductions: Overlooking eligible expense deductions, or claiming those that aren’t justified, can trigger audits and penalties. Inadequate Record Keeping: Not maintaining accurate and comprehensive financial records makes it difficult to substantiate claims during an audit. This means you’re always audit-ready.

Management

Modern Restaurant Management

MAY 2, 2023

An audit can also be a powerful tool that can help you improve the financial health and profitabilit y of your restaurant. How to Conduct a Successful Restaurant Audit First, take stock of the following areas of your restaurant business: Cleaning and Sanitation It’s difficult to overstate the importance of sanitation for restaurants.

Audits

Modern Restaurant Management

JUNE 6, 2022

For many brands, an annual audit was the norm, while employees may have focused on not "getting in trouble" or "getting a good score" rather than the creation of culture. Technology can show historical sales patterns, which can help improve tasks from staffing to ordering. Restaurants Are Evaluating Differently.

Audits

Modern Restaurant Management

FEBRUARY 29, 2024

Hot Palette Holdings uses AI to improve their forecasting, optimize inventory, and reduce waste. Innovative tech tools, like AI, can improve forecasting, inventory management, scheduling, customer service, marketing, and many other essential business tasks. For instance, technology can help restaurants: Optimize operations.

Food Safety

Modern Restaurant Management

OCTOBER 7, 2021

As far as food waste is concerned, manual inventory monitoring is usually one of the main culprits. Inventory shortage limits the restaurant’s earning potential, and excess stocks or inventory are wasted. In addition, operators can use a digital system to take orders instead of writing them down.

Technology

Modern Restaurant Management

AUGUST 27, 2024

By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Restaurants, like other cash-intensive businesses, are a frequently targeted for audits by the IRS. By keeping accurate and complete records, you can reduce the length and pain of an audit.

Audits

Modern Restaurant Management

SEPTEMBER 22, 2022

Today’s digital solutions allow you to audit and evaluate your supply chain’s sustainability and resilience. Elevate your inventory management. You can’t properly manage your spending if you don’t have a good handle on your inventory. Use tech tools to manage your supply chain. Reduce food waste.

Food Supply

Modern Restaurant Management

NOVEMBER 16, 2021

Gain informative data-based insights – By accessing a single source of data from anywhere and any device, restaurants gain invaluable insights about their customers, employees, inventory – you name it – particularly when artificial intelligence (AI) is layered in.

Customer Experience

Modern Restaurant Management

MAY 10, 2022

Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. Leverage Purchasing Data.

Supplies

Modern Restaurant Management

OCTOBER 18, 2022

Do you want people to stay at your restaurant longer and order more? After eating a meal at your establishment, they’ll have a good excuse to linger and order another drink, coffee, or dessert while they wait for their car to charge. Elevate inspections and audits. Are you ordering proper quantities of food?

2040

Modern Restaurant Management

MAY 14, 2021

Audit the waste stream and try to identify current trends and how much waste is actually being generated. The next time that your restaurant prepares a pan of food that goes uneaten, or has an inventory order that surpasses demand, think donation. There are many different avenues that can be taken with food donation.

Waste

Modern Restaurant Management

APRIL 11, 2024

Technological advancements such as self-ordering kiosks , mobile apps and tabletop devices empower customers to peruse menus, place orders, and settle payments conveniently. Additionally, digital menus and order-ahead options enhance convenience and offer personalized customization.

2024

Modern Restaurant Management

OCTOBER 26, 2022

While restaurants have no control over the interchange fees set by card companies such as Visa and Mastercard, they can cut costs and improve the bottom line by selecting a payment processing company that tailors merchant services to the needs of each client and continues to audit those services to ensure they scale up or down as necessary.

Consumer Goods

Modern Restaurant Management

DECEMBER 16, 2021

Given the increase in off-premise, we expect to see more drive-thru’s similar in format to Checkers & Rally’s iconic double drive-thru model, which dedicates one lane to traditional consumer drive-thru service and one to e-commerce only, including pre-paid digital orders for pickup and third party-delivery orders.

2022