Tag: food cost management

Back Office Solutions for Restaurants with Multiple Locations from consolidated concepts

Simplify Back Office Operations for Restaurants with Multiple Locations

Managing the back office of a single restaurant is no small feat—but for multi-unit operators, the complexity grows exponentially. Between tracking invoices, managing payroll, and staying on top of food costs, inefficiencies in your back office can quickly add up to wasted time and money. That’s why leveraging back office solutions for restaurants with multiple locations is essential to simplifying the process and eliminating inefficiencies.

Fortunately, Consolidated Concepts partners with Back Office who offers powerful solutions designed to streamline these processes, so you can focus on growing your business, less on managing spreadsheets. Let’s dive into five key areas where you can optimize your back-office operations with innovative tools from Back Office.

 

Simplified Accounting for Scalability

Managing financials across multiple locations can feel like an uphill battle, but Back Office’s accounting solution transforms this challenge into an opportunity for growth. Purpose-built for restaurant operators, their dynamic technology centralizes financial data from all your locations into one user-friendly dashboard. With real-time insights, customizable reporting, and advanced tools like drill-down P&Ls and digitized invoices, you’ll gain the clarity and control needed to make faster, smarter business decisions. 

Why it matters: Streamlined accounting enhances financial accuracy, reduces manual errors, and replaces inefficient processes with actionable data, empowering you to align daily operations with your profit goals and drive consistency across your brand.

AP Automation for Time and Cost Savings

Managing accounts payable shouldn’t feel like a full-time job. Back Office ap automation takes the hassle out of invoice processing by digitizing the entire invoice lifecycle—from digitization to payment. By automating manual tasks, you’ll save up to 4 hours per week, reduce costly errors, and eliminate the chaos of paper-based workflows. 

Key benefits: 

  • Save time and money: Streamline invoice processing to avoid late payments and focus on growing your business. 
  • Increase accuracy and efficiency: Digitized invoices and automated workflows reduce errors and speed up approvals. 
  • Enhance visibility and control: Real-time tracking and customizable workflows provide precise oversight and better cash flow management. 

With Back Office AP Automation, you can ensure timely vendor payments, improve cash flow, and free your team to focus on strategic priorities—not paperwork.

Bookkeeping+ for Precision and Scalability

Staying on top of your restaurant’s finances doesn’t have to be a time-consuming burden. With the Back Office bookkeeping+ solution, you gain access to industry-specific professionals who streamline your financial processes and deliver precise, audit-ready reporting. From tracking expenses to automated transaction processing, Bookkeeping+ ensures meticulous financial oversight tailored to the unique needs of restaurant operators. 

Key benefits: 

  • Exclusive expertise: Industry-specific bookkeeping professionals handle the intricacies of restaurant finances. 
  • Increased accuracy: Transparent financial reporting helps you make confident, informed decisions. 
  • Scalable growth: Streamlined bookkeeping frees up resources, allowing you to focus on expanding your business. 

With Back Office Bookkeeping+, you can transform tedious financial tasks into a seamless process, enabling your team to focus on running and growing your restaurant.

Food Cost Management for Maximized Profitability

Food costs are one of the largest expenses for restaurant operators, but managing them doesn’t have to be overwhelming. Back Office food cost management technology empowers operators with real-time visibility into ingredient costs, automated inventory tracking, and precise recipe costing. Whether you’re running a single location or managing multiple units, our software centralizes data and provides actionable insights to help you control costs and boost profitability. 

How it helps: 

  • Simplify operations: Replace manual spreadsheets with automated processes like invoice digitization and COGS reporting. 
  • Optimize profitability: Track ingredient prices in real-time, ensure consistent plate costs, and adjust menu pricing to protect margins. 
  • Drive consistency across locations: Standardize recipes and purchasing analytics for uniform reporting and cost control. 

With intuitive tools from Back Office, you can transform food cost management from a challenge into a strategic advantage, ensuring long-term growth and operational efficiency.

Payroll Solutions to Simplify and Optimize Workforce Management

Handling payroll for a restaurant operation can feel like an uphill climb, especially when juggling employee classifications, labor laws, and tax filings. Payroll solutions from Back Office transforms this tedious task into a streamlined process, enabling you to save time, minimize errors, and maintain compliance effortlessly. 

Why it’s essential: 

  • Reduce manual tasks: Automate data entry and payroll calculations to reduce errors and free up valuable time. 
  • Optimize cash flow: Gain real-time insights into payroll expenses to budget effectively and manage labor costs. 
  • Enhance labor control: Track sales and staffing metrics through a user-friendly dashboard to reduce overtime and optimize scheduling. 

Back Office also empowers your team with tools like a self-service employee portal for payroll documents and direct POS integrations, cutting payroll review time to under 20 minutes. With reliable, accurate data, you’re not just processing payroll—you’re driving better operational decisions. 

Simplify Your Back Office Operations  

At Consolidated Concepts, we understand that true operational excellence extends beyond the front of house. That’s why we partner with forward-thinking brands like Back Office to provide solutions that enhance the efficiency and accuracy of your back-office operations. 

Back Office offers a suite of tools designed specifically for restaurant operators, including accounting, AP automation, bookkeeping+, food cost management, and payroll. These solutions help you reduce costs, save time, and streamline complex processes, empowering your team to focus on driving business success. 

Ready to optimize your operations? Fill out the form below to contact us today and discover how Back Office solutions can transform your back-office operations and support your long-term growth. 

 

food cost management

Mastering Food Cost Management: Strategies for Boosting Restaurant Profitability

Food cost management is extremely important for a multi-unit restaurant owner, as it directly impacts their profitability and overall financial success. Food cost is one of the largest expenses for any restaurant, and it can be particularly challenging for a multi-unit operation that has to manage the costs across multiple locations.

Effective food cost management involves a variety of strategies, such as negotiating with suppliers for better prices, reducing waste and spoilage, optimizing menu pricing, and implementing portion control measures. By successfully managing food costs, a multi-unit restaurant owner can improve their profit margins, which is crucial for the long-term success of their business.

In addition, food cost management can also help a restaurant owner ensure consistency in food quality across multiple locations, which is important for maintaining customer satisfaction and loyalty. By controlling food costs, a restaurant can invest in other areas of the business, such as marketing, staff training, and restaurant improvements, which can further enhance the customer experience and drive revenue growth.

There are several ways that a restaurant can streamline the food cost management process to make it more efficient and effective. Here are a few strategies that a restaurant owner can consider:

implement an inventory management system

Implement an inventory management system

By using an inventory management system, a restaurant can keep track of its food stock levels, monitor usage patterns, and identify areas where waste or over-ordering may be occurring. This can help the restaurant to reduce food waste and optimize ordering processes, which can in turn reduce food costs.

use standardize recipes

Use standardized recipes

Standardized recipes can help a restaurant to maintain consistency in portion sizes and ingredient usage across multiple locations, which can help to control food costs. By using a recipe management system, a restaurant can ensure that each location is following the same recipe and using the same ingredients, which can reduce waste and improve profitability.

monitor food waste

Monitor food waste

By tracking food waste and identifying patterns, a restaurant can take steps to reduce waste and optimize portion sizes. This can involve training staff on proper portion control, implementing waste reduction programs, and analyzing waste data to identify areas for improvement.

Stay Up-to-Date on Food Prices

Stay Up-to-Date on Food Prices

A restaurant can reduce its food costs without compromising on quality. This can involve shopping around for better deals, leveraging buying power across multiple locations, and building strong relationships with suppliers.

Analyze food cost data

Analyze food cost data

By regularly analyzing food cost data, a restaurant can identify trends and make informed decisions about pricing, menu offerings, and ordering processes. This can involve using analytics tools to track sales, costs, and profitability across multiple locations, and using this data to inform strategic decisions about the business.

Overall, streamlining the food cost management process requires a combination of technology, training, data analysis, and strategic thinking. By implementing these strategies, a restaurant can optimize its food costs, improve profitability, and ensure consistency in food quality across multiple locations.

Food cost management is an essential aspect of running a successful multi-unit restaurant operation, and it requires ongoing attention and effort from the owner and management team.

Efficient Restaurant

How to Run an Efficient Restaurant During a Labor Shortage

To run a restaurant operation during the current labor shortage is one thing. Running an efficient one is another. With the continuation of the pandemic and no relief in sight, especially before the holidays, restaurant operators are seeking alternatives to what was once known to them as their traditional, every-day way of running their operation.

There’s no doubt that times are changing, and everyone is doing their part to keep up. These changes are fairly easy to make and will not only help you run a more efficient business, but will also put money back in your pocket.

Let’s take a look at three different ways Consolidated Concepts experts say you can run an efficient restaurant during the current labor shortage:

Technology Can Streamline Processes

Technology has played a massive role in restaurant operators lives, especially since the beginning of the pandemic. From QR code menus and mobile ordering to inventory management, there’s nothing technology can’t do to help streamline your operation.

One way we encourage restaurant operators to implement technology is by partnering with industry experts such as InsideTrack. With the help of their spend management technology, you’ll have access to the most effective data cleaning in the foodservice industry. Data accuracyconsistency, and reliability are guaranteed. Operators like you gain better insights and spend intelligence into your operation.

By embracing spend management technology, you make better business decisions and identify new opportunities for savings and revenue. Data on your purchases is organized into easy-to-read dashboards you can access at any time. InsideTrack members can streamline operations by utilizing spend management, contract management, cost savings, GPO services, and much more—all within one powerful technology software.

Another way experts at Consolidated Concepts encourage the use of technology is by taking advantage of food cost management. Food cost management technology is a great resource that helps operators and chefs manage and control their food cost, inventory, and much more.

Food cost management technology puts time back into your day and helps you figure out any pain points that may be affecting the success of your operation.

Instead of hand-counting each item, you simply upload a screenshot of your invoices and Orderly takes care of the rest. You speed up your inventory process when you implement technology into your operation.

Now you can calculate the cost of a recipe online, too! With solutions such as Orderly, you’re able to build all of your recipes directly into the system. Each time an invoice is uploaded, the technology breaks down each ingredient and updates your prices in real-time.

Technology is key to running an efficient restaurant operation during these times. There’s an infinite number of things technology can do to ensure you’re streamlining operations, putting time back into your day and money into your bottom line.

Using Versatile, Easy-To-Prepare Ingredients

Did you know you could save time and money by incorporating versatile ingredients that are delicious and easy to prep? With products like Idahoan Real Potatoes, your customers will have that homemade taste and authentic feel they’re craving.

With the cold weather here, you can even add quick, savory soups onto your menus with items like Campbell’s Soup. Maybe even a soup base that’s less expensive and more consistent than scratch for you to work your final touches on such as LeGoût Cream Soup Base.

Have you considered pre-made sauces that are free of artificial colors/flavors and preservatives? Save time on prep and create dishes your guests will love with Knorr® Professional sauces. From gravies to sauces, your back of house will be thanking you for putting time back into their busy schedules.

But that’s not all. Who has time to hand-squeeze lemon and lime? Nobody, especially now with the labor shortage. That’s why The ReaLemon and ReaLime juices are great labor-saving ingredients that eliminate the inconvenience of slicing and squeezing. These juices are also a great option for salads, dips, main meals, and even beverages.

When you use versatile ingredients, you save money and put time back into your day while also satisfying your customers’ needs. Work smarter, not harder.

Partnering with Supply Chain Management Experts

Another way to ensure you run an efficient restaurant operation during a labor shortage is by partnering with supply chain management experts like Consolidated Concepts. With the current state of the supply chain, taking control of what comes into your operation seems nearly impossible.

You’ll have access to a fully customizable service that brings instant savings on thousands of items you may already be buying. Our experts help reduce costs, improve quality, and identify areas you may be able to achieve savings and negotiations in. This includes supply chain management, master distributions agreements, managed produce, and contracts.

Our supply chain management ensures maximum profitability and productivity while giving you access to items at the best competitive prices.

Join Consolidated Concepts Today!

If you’re looking to run an efficient restaurant operation during the current labor shortage, becoming a Consolidated Concepts member is a great place to start. As mentioned above, our experts will help reduce costs, improve quality, and identify instant savings!

Get started today!