Restaurant365

JANUARY 11, 2022

And, with innovations in technology, the latest automated restaurant manager logs have now increased their usefulness beyond just handing off the day’s activities to the next manager and keeping above store operators apprised of what’s happening at their locations. Optimize employee productivity using a manager log.

Management 142

Management Management Employee Relations Communication 142

Modern Restaurant Management

APRIL 23, 2021

Small Business Administration (SBA) as the first round of technology partners participating in a new initiative for the Restaurant Revitalization Fund (RRF). “The SBA is partnering with point-of-sale providers to leverage technology to better reach the smallest businesses that need our help the most.

Point of Sale 128

Point of Sale Webinar Small Business Customer Service 128

Lavu

DECEMBER 12, 2022

List all the cash that’s going out each week and each month, including: Rent, loans, or mortgage payments Food and drink ingredients Labor costs Supplies An essential tool for monitoring cash coming in and out of your business is a point-of-sale (POS) system. Using your restaurant POS, you can predict your sales and revenue for the year.

Cash Management 78

Cash Management Management Management Point of Sale 78

Restaurant365

JANUARY 12, 2022

Using intraday polling, you can leverage data from your integrated POS system to make informed, same-day labor adjustments. However, making smart labor decisions throughout the day with intraday polling must be preceded by creating data-driven schedules and using POS integration with your restaurant management software.

Point of Sale 78

Point of Sale POS Employee Relations Information 78

Restaurant365

DECEMBER 11, 2020

Once the menu items in your Point of Sale (POS) system are mapped to recipe costing, you are set to evaluate your food costs and food waste, explored in the next section. Focus on attracting, hiring and retaining the right employees. Effective employee management is key to the long-term health of your business.

2021 136

2021 Cash Management Management Management 136

Restaurant365

SEPTEMBER 23, 2021

with automated invoice coding and entry, and direct feeds of POS data. The costs of running a restaurant can be broken into four basic categories: Labor cost: all expenses related to labor, including hourly wages, salaries, payroll taxes, and any employee benefits. Record Daily Sales Through Your POS. Restaurant Expenses.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

JANUARY 4, 2022

And, with inventory system technology, you’ll get data that can be crucial in making informed operational decisions. Integrate restaurant inventory management with your POS system. POS integration can automate steps like uploading invoices, auto-updating ingredient prices, and tracking recipes. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

Restaurant365

JUNE 24, 2020

With integrated receiving, AP automation technology catches precise data, such as vendors straying from contracted prices. Advanced inventory management software can import menu items from your POS, then map them to recipes. Some POS systems calculate food cost and profit for specific menu items within the system.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

AUGUST 4, 2020

Set up your POS to track restaurant inventory. Use an inventory management system that integrates with your POS system for recipe costing and menu engineering. Collect sales mix polling from your integrated POS and combine it with recipe costing to price menu items properly. How Your Restaurant Inventory Relates to Net Profit.

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

JUNE 17, 2020

Your payroll is the process of calculating and distributing wages to your employees. The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

MARCH 10, 2020

Although inventory used to be a tedious and time-consuming task to complete by hand, inventory management technology has not only streamlined the process, but it has also made inventory management more accurate. Set up your POS to Track Restaurant Inventory. How To Manage Restaurant Inventory.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

OCTOBER 30, 2020

In addition, since your food inventory is closely related to your restaurant cash flow , operational oversight of your inventory is especially important in an uncertain economy. If your POS, scheduling software, and restaurant accounting software are integrated, sales forecasting can be an automated, data-driven process.

Operations 78

Operations Management Management Inventory 78

Restaurant365

JANUARY 5, 2021

Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds. This includes costs for technology operations expenditures (e.g., Business must have fewer than 300 employees. Good news for restaurants.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Restaurant365

MAY 17, 2022

The most important part of inventory management is understanding how the amount of product relates to your profit margin. Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs.

Inventory 78

Inventory Management Management Food 78

Restaurant365

JULY 29, 2021

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. For CFOs looking to address the labor crunch, one approach may be to reduce labor needs by leveraging restaurant technology. Conclusion.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Restaurant365

MARCH 10, 2020

Although inventory used to be a tedious and time-consuming task to complete by hand, inventory management technology has not only streamlined the process, but it has also made inventory management more accurate. Set up your POS to Track Restaurant Inventory. How To Manage Restaurant Inventory.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

DECEMBER 20, 2021

For instance, by leveraging restaurant-specific software that integrates with your point of sale (POS) system, you can ensure all managers and above have access to robust data about sales, labor, and food costs. Forecasting future sales is one of the most helpful tools for optimizing employee scheduling.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Restaurant365

OCTOBER 14, 2020

A point of sale (POS) system fully integrated with your restaurant accounting software can help you keep track of the numbers you need, making an all-in-one system important for your budgeting. Finally, these expenses may cover technology and software like restaurant management solutions, as well as any marketing or advertising costs.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Restaurant365

JULY 24, 2020

Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. While the fees might be steep, you are leveraging proven technology platforms to connect with customers, receive online orders, and provide reliable delivery fulfillment.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

JULY 8, 2021

Many restaurants turned to takeout and delivery to remain in business during the pandemic and because of pandemic-related restrictions. Employers are experimenting with how to overcome hiring challenges by using hiring technology and tools and other recruitment tactics. Ask for a free demo of Restaurant365 today.

Point of Sale 78

Point of Sale FOH Fine Dining Online Ordering 78

The Restaurant Times

MARCH 8, 2023

She developed her passion for wines while working for key restaurant brands during her university years, leading her to establish Cuvee3, a successful consultancy company providing beverage-related services. By valuing every employee equally, companies can become more productive and stronger.

Specials 52

Specials 2012 Food Truck Back of House 52

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. NCR Corporation added technology that builds diners’ confidence by empowering them to both order and pay via their own mobile device. ” Tyga Bites Launches. .

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Modern Restaurant Management

APRIL 2, 2020

The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. restaurant employees financially impacted by the coronavirus crisis. Clic here to d onate to the Foundation’s Restaurant Employee Relief Fund. This fund is designed to help those struggling employees.”

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Restaurant365

JANUARY 4, 2022

And, with inventory system technology, you’ll get data that can be crucial in making informed operational decisions. Integrate restaurant inventory management with your POS system. POS integration can automate steps like uploading invoices, auto-updating ingredient prices, and tracking recipes. More about this later.).

Inventory 15

Inventory Management Management Food 15

Modern Restaurant Management

SEPTEMBER 14, 2021

TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more. Sandra (Sandy) Reinhardt: Vice President of Information Technology | 30 years.

Food 173

Food Tip Distribution Guest Recovery Food Safety 173

Apicbase

SEPTEMBER 16, 2022

Today, restaurant operators and F&B managers like you have access to many reports, primarily thanks to advanced POS systems. How do they relate to each other? Some POS-side examples include sales, payment, and footfall reports. How Do Reporting & Analytics Relate? What is restaurant analytics?

POS 52

POS Operations Back of House FOH 52

Restaurant365

AUGUST 19, 2021

Labor costs (employee wages, payroll taxes, employee benefits, etc.). How your restaurant inventory relates to net profit. If your restaurant accounting solution offers accounting integration with your inventory system and your POS, you can automate tasks like a completed stock count becoming an inventory journal entry.

Inventory 147

Inventory Management Management Employee Relations 147

7 Shifts

FEBRUARY 4, 2020

Getting caught doing wrong by your restaurant employees isn’t the wisest financial move either. Employee Pay Regulations Oregon Minimum Wage Oregon’s minimum wage varies in each part of the state and is scheduled to rise annually until at least 2023. In 2018, one Oregon restaurant was fined $580,000 for violating tip pooling laws.

Restaurant Law 369

Restaurant Law Employee Relations Article Cash Management 369

Modern Restaurant Management

JUNE 19, 2020

Did not reduce the salaries or wages of their employees by more than 25 percent, and did not reduce the number or hours of their employees; OR. Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25 percent.

Food Safety 145

Food Safety Customer Experience Website Management Employee Relations 145