The advantages of system integrations to restaurant businesses

Simon Armstrong - Menzies Accountant

Simon Armstrong – Outsourcing Specialist

Within this competitive landscape, where technology is changing the way we interact and information is exchanged, it is important that restaurant businesses continuously evolve. Fast, reliable and efficient financial and business processing is needed to keep on top of performance and drive decision making.

How it can help your business

Businesses which operate in multiple locations will be able to make more informed decisions with joined up systems and efficient reporting methods via the cloud. Linking EPOS to cloud accounting, accurate stock management systems and reporting by-restaurant KPIs will allow the business to compare restaurants against each other and highlight the locations which require more head office support.

Human error or processes being deliberately overwritten can be prevented by using automated software and outsourcing services can bring many advantages. Internal administration duties within your organisation will be replaced by external support, committed to deliver quality work efficiently, ensuring a continuous service without the hassle of dealing with illness, holiday or study leave. Additionally, outsourcing costs have the benefit of avoiding the obligations that come with employee status, such as payroll running and auto-enrolment costs. As software experts, our outsourcing teams can process and report your data efficiently and accurately, in your preferred format and to your timescale.

Cloud software

Online cloud software allows the business to be completely paperless, to access their live accounting data from anywhere in the world and to focus more on other tasks by cutting down manual jobs. Improved efficiency in systems and processes will create a more integrated back office by linking data between different locations, systems and ancillary products, i.e. bank account entries, cash flow forecasting, EPOS systems, invoice scanning and expense software.

What we can do for you

By taking restaurant businesses through the process and thoroughly reviewing their current systems, we set up and implement tailored systems that work for all parties involved. In addition to ensuring everything is right and works as desired from the first time with a one-off implementation project, we provide the necessary support for ongoing queries if required.

Menzies’ outsourcing team will increase the efficiency in your accounting function, freeing up your time to focus on strategic matters and to grow your restaurant business.

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Posted in Blog, Hospitality & leisure