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Everything to Know About Restaurant Management Systems

7 Shifts

Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.

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Everything to Know About Restaurant Management Systems

7 Shifts

Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.

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How Restaurant Finance Teams Can Support Operations to Increase Profitability

Restaurant365

Day-to-day responsibilities might differ between corporate-level financial leadership and operations leadership, but the teams shouldn’t be isolated. Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts.

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Eli’s Restaurant Group Recoups $1.1 Million Prime Cost Gap During Pandemic with Restaurant365

Restaurant365

The leadership team reviews Restaurant365’s AvT analysis report with location managers on a weekly basis. These meetings encourage accurate reporting counts, in addition to enabling corporate to hold managers accountable. One key piece of Eli’s results has been addressing the variance in its AvT costs.

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8 Ways CFOs Can Help Restaurant Groups Through the Restaurant Reopening/Recovery

Restaurant365

Ultimately, managing your vendor relationships is an area of risk management. Understanding all the details you can about your current cash, loan, and grant status are essential as you look to make large-scale financing decisions. Schedule a free demo of Restaurant365 today. Ensure access to capital.

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California Fish Grill Saves 1% in Food Costs at its 34 Locations Thanks to Restaurant365 Reporting Tools

Restaurant365

The focus on theoretical food costs and reports like profit and loss (P&L) statements has also made store-level managers more accountable, he reported. AvT helps corporate and management stay up to date with what’s going on in all stores, starting conversations when necessary and prompting effective solutions.

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Hiring Restaurant Staff: Hire Using a Comprehensive Approach to Employee Retention

Restaurant365

According to the National Restaurant Association, the average cost of restaurant turnover in 2021 was $1,869 per hourly employee, $8,119 per manager and $14,689 per general manager. Train your managers to hire the right employees. Managers must be able to identify applicants who are good cultural fit. Four-day workweek.

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