Restaurant and hospitality franchises have unique industry needs. They have to manage multiple locations, while still maintaining a competitive advantage against the multitude of options out there today. This is a struggle for many franchises, mostly because they don’t have the right technology in place. Here are some of the common issues they experience when technology just doesn’t measure up:
Manual processing of transactions across multiple locations create questionable reporting
Limited insight results in a reactive approach to issues, often times missing problems that could be prevented
Little to no integration with industry-wide POS systems disconnects business operations causing confusion and inaccurate data
Decentralized environments create unorganized vendor payment processing for every restaurant or hospitality location
Benefits our restaurant and hospitality franchise clients realize:
Connected environments because of seamless integration of POS systems
Little to no manual transactions resulting in reduced headcount for accounting departments
Deep insight and control over financials
Accurate and real-time reporting with integrated financial reporter
All-up financial reporting of multiple locations with breakout options for analysis
Critical business information at fingertips of owners so they can make the right business decisions
Connected environments because of seamless integration of POS systems