8 Benefits of Restaurants Using Payroll Management Technology
Restaurant payroll is an important aspect of financial management for restaurants. It includes wages, tips, overtime, and any other benefits or compensation they may be entitled to. By tracking employee compensation and related expenses, you can’t accurately forecast labor costs or staffing levels accordingly. You can streamline the entire payroll process by using payroll management […]
Comprehensive Checklist for Running Payroll
Ultimate Restaurant Payroll Checklist Name a restaurant process, and chances are you have a reliable checklist for guidance and adherence to best practices. Kitchen procedures? Check(list). Supply chain optimization? Check(list) again. Payroll procedures and guidelines? If running a payroll platform isn’t in your wheelhouse — and don’t worry, it’s not a specialty for most in […]
Complete Guide on How to Do Payroll for Restaurants
Introduction to Restaurant Payroll Restaurant owners and operators often approach the topic of payroll with apprehension. There’s the sense that payroll is time-consuming and difficult to get right in the current industry climate. In this article we’ll dispel that impression. Payroll does have multiple moving pieces, but simplifying the payroll process while paying your team […]
When and How to Switch Your Restaurant Payroll Software
When and How to Switch Your Restaurant Payroll Software Your restaurant payroll software is a key investment on two fronts: for your employees, to ensure they’re promptly & accurately paid, and for your management staff, to help streamline the payment process. Sometimes, the ROI on restaurant payroll software reaches the point of no return. Whether […]
Why You Should Embrace Technology in Restaurants
Why You Should Embrace Technology in Restaurants Even before the COVID-19 pandemic, technology for restaurants was already on the upswing. From tech-friendly POS systems to restaurant bookkeeping, many restaurants have adopted innovative technological tools, whether from customer-facing or internal accounting platforms. Once the pandemic hit, those restaurants that were able to implement restaurant technology survived […]
Restaurant Permits & Licenses Needed to Open a Restaurant
Restaurant Permits and Licenses Overview Disclaimer: This blog article is strictly for educational and informational purposes only and is not intended to provide tax, compliance, legal or other advice/counsel. Every restaurant owner/operator is ultimately responsible for its own compliance with federal, state, and local regulations in regard to licenses and permits. Please contact your attorney […]
Shift Schedules: A Complete Guide
Need Help With Shift Schedules? Read this First! If you manage a restaurant, you already know how important shift scheduling is. But are your shift schedules working in the best interest of your staff and entire restaurant? Given the unique demands of scheduling shifts – after all, less than half of U.S. restaurant workers are […]
5 Important Restaurant Management Skills
Restaurant Management Skills Every well run organization starts at the top. Sometimes, managers are brought in from another restaurant. And more often than you think, regular employees are promoted to manager. But which restaurant management skills separate the good leaders from the great ones? What’s more critical – organization or people skills? And what tools […]
Restaurant Accounting: A Complete Guide
The Ultimate Guide To Restaurant Accounting Getting a restaurant up and running is a challenge. Keeping a single establishment or franchise profitable over months and years is even more so. What separates the restaurants that quickly fail from those that have been established for an extended period? Sales & Expenses Point-of-sale (POS) Transactions Financial Reporting […]