Paper Chase Accountancy

AUGUST 5, 2025

They’re often caught in the culinary chaos, leaving little time for critical financial management. Core financial services, such as effective bookkeeping and strategic financial management, are essential for success in the hospitality industry. Balancing books and burgers can be a baffling business for restaurant owners.

Cash Management

Lavu

AUGUST 1, 2025

While there are various options to receive payment at your restaurants, POS seem to be among the top favorite options. Why Restaurants Prefer POS Systems with Reliable Payment Processors and Gateways Point of sale, or POS, will always be an important part of any business, especially when it comes to businesses in the hospitality industry.

POS

Paper Chase Accountancy

MAY 21, 2025

Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping. They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. Learn more about our Accounting Services !

Hospitality

Paper Chase Accountancy

JULY 24, 2025

These books aid in tracking sales, managing payroll, and handling expenses accurately. Why Restaurant Accounting Books Are Essential in Daily Operations While it may not be immediately apparent, restaurant accounting books play a crucial role in daily operations, serving as an indispensable tool in the effective management of finances.

Book

Paper Chase Accountancy

MAY 20, 2025

Key Takeaways Restaurant bookkeeping requires specialized tools and systems, including management software, POS systems, and a well-structured chart of accounts. Hospitality accountants, particularly in London, often witness errors in accounting for hotels and bars.

Cash Management

Paper Chase Accountancy

JULY 3, 2025

This is where hospitality accounting services come into play, with their expertise in managing the complex financial landscape of hotels and restaurants. It’s a specialist field that provides crucial insights into revenue management, cost control, and maximizing profitability. It helps identify wastages and inefficiencies.

Hotels

Paper Chase Accountancy

JUNE 6, 2025

Specialized accounting services provide valuable insights into food cost analysis, inventory management, and daily sales tracking. Overview of Bookkeeping Services in Dubai for Restaurants In the bustling culinary scene of Dubai, bookkeeping services play an essential role in managing the financial health of restaurants.

Cash Management

Paper Chase Accountancy

JULY 7, 2025

Consider a bustling restaurant, ‘Culinary Delights’, that, despite its popularity, had to shut its doors due to poor financial management. Key Takeaways The right bookkeeping service optimizes financial management, potentially increasing annual profits by 20% in restaurants. Let’s dive into this critical discussion.

Cash Management

Paper Chase Accountancy

JULY 21, 2025

These specialized accounting methods can simplify financial management in hospitality businesses, from small cafes to large resort chains. Key Takeaways Hospitality accounting solutions streamline financial management and ensure regulatory compliance, vital for growth in the industry.

Hospitality

Modern Restaurant Management

NOVEMBER 27, 2024

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of Drinksgiving and Thanksgiving trends, FSR challenges, and "out-of-the-box" dining habits. Tech Adoption 65 percent of restaurants adopted new technology to manage labor, though 27 percent still use manual scheduling.

2025

Paper Chase Accountancy

JUNE 5, 2025

It’s a complex arena, where revenue management, cost control, and financial reporting intermingle with unique business elements such as seasonality, customer service, and the unpredictability of guest behavior. Key Takeaways Finance is vital in the hospitality industry, with specialized accounting practices for hotels and restaurants.

Hospitality

Go Hire- Restaurants

AUGUST 1, 2025

Paul’s team didn’t just open jobs because a manager asked. He also insists on early alignment conversations with hiring managers. In one example, Paul’s team created a text-to-apply flow for hotel roles. That’s how TA becomes part of the business engine. As he puts it: " P**s them off early." Let's ask the right questions. [00:12:00]

Recruiting

Modern Restaurant Management

MARCH 16, 2021

As restaurant commerce experts, GoTab is helping operators upgrade and improve their POS systems to recast their operations for the post-pandemic era. Most of our customers don’t start out wanting to take on a full restaurant POS upgrade. Legacy restaurant POS systems also offer little in the way of flexibility.

POS

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Pizza companies have long managed their delivery services independently.

2022

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. ” The BOHA!

Employee Relations

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Sign up here.

Food Safety

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar

Modern Restaurant Management

NOVEMBER 11, 2019

SevenRooms released its “Checking In For F&B” report, which uncovered the most important things to today’s traveler when it comes to food and beverage at hotels. In fact, nearly one in three (31 percent) Americans think hotels with great restaurants are more memorable than those without.

Travel

Modern Restaurant Management

APRIL 14, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.

Online Ordering

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 PathSpot Secures Funding. million in a Series A round led by Valor Siren Ventures I L.P.

Food Safety

7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. Use this data to establish clear and specific goals and adjust your strategies as needed.

Point of Sale

Modern Restaurant Management

DECEMBER 27, 2019

Prior to joining sbe, he was the Vice President of Food & Beverage at The Venetian and The Palazzo Casino Hotel and Resort in Las Vegas. Features and benefits include: Live, Detailed Data Directly from POS: Appetize POS data is available in Restaurant365 in real-time, including sales, discounts, coupons and payment types.

Mobile Ordering

Deliverect

OCTOBER 2, 2019

When you’re running a restaurant, choosing a point-of-sale (POS) system can make or break the business. Pick the right one and you can streamline all your restaurant operations, from orders and payments to staff and inventory management. Deliverect works together with a number of POS systems - and we’re always working on adding more.

POS

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. With the integration of both platforms, first-party orders made through Lunchbox will effortlessly feed into Ordermark’s platform to ensure that restaurants can manage both first-party and third-party orders from one location.

Fast Casual

BNG Point of Sale

MARCH 9, 2020

If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers. A POS system includes the entire network of systems that come together to manage the transaction process for a business. The basics of a POS system.

Point of Sale

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. It enables you to manage each task efficiently. . Installing a POS system for restaurants is the best way to do that.

POS

Squirrel Systems

AUGUST 6, 2022

From small independent restaurants to hotel & resort properties, thousands of sites are running or upgrading to Squirrel 11 – our most modern and powerful flag ship point of sale. Display it right in the POS to help save time for the server. Display it right in the POS to help save time for the server.

Cash Management

BNG Point of Sale

MARCH 9, 2020

If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers. A POS system includes the entire network of systems that come together to manage the transaction process for a business. The basics of a POS system.

Point of Sale

Open for Business

MARCH 1, 2023

A general manager might also wear a restaurant’s sommelier hat. They handle all the cash and credit card transactions that happen at the bar and, with help from barbacks, they need to keep the bar organized and clean. The cashier runs the cash register, processes payments, and interacts with customers.

Cash Management

The Restaurant Times

OCTOBER 28, 2021

In the restaurant industry, effective capacity management is critical to success which depends largely on how well you can control the traffic. As a restaurant owner, you cannot let your customers wait in line for hours and hours or pressure staff to somehow manage customer expectations. Point of Sales (POS) System .

Technology

Harbor Touch

OCTOBER 29, 2018

It is no point stating that beyond the use of credit cards and the payment of cash the restaurateur has got to incorporate the use of mobile payments into the operations of the business outfit. But this can be effectively managed by mandating the extent of human presence to augment the procedures to be undertaken by the robots.

Technology

SpotOn

MAY 20, 2024

The ubiquity of tips, the prevalence of cash-free payments, and a lack of clarity around service charges have left consumers and operators alike searching for a sustainable solution.  If there’s a tip jar, tip cash, otherwise, you can usually add a percentage or dollar amount to your order. 

Definition

The Restaurant Times

JANUARY 27, 2022

However, on-premise eating has once again been hit by the arrival of the new, highly transmissible Omicron variety, just as restaurants, bars, and hotel owners were getting ready to welcome customers for the crucial Christmas season. . With no cash in hand, there is no need for human touch, which is more hygienic and safer.

Fine Dining

Notch

JANUARY 23, 2019

Hotels, for example, can yield net margins of around 10%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. At the end of the shift, the manager would then inspect the contents of the food box. Modern Point of Sales (POS) solutions go way beyond billing.

Email Marketing

Apicbase

FEBRUARY 29, 2024

85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. Toast , 2023) POS systems remain central to restaurants. trillion and $4.8

2024

Modern Restaurant Management

JULY 7, 2020

Our team is thrilled to partner with BurgerFi’s senior management to support the numerous growth initiatives underway and to drive operational excellence.” million newly issued shares of the Company and $30 million in cash. Adam Marcus, Managing Director at PSG.? ’s stock price performance.

Mobile Ordering