When you have efficient and reliable processes mediating how you and your floor staff work, everything hums along. But just one bottleneck can throw everything off.
Let's face it: managing your restaurant's invoices and tracking food pricing can be extremely tedious. And yet, in this business, we struggle with such processes on a daily basis.
With this in mind, you need an efficient and effective process in place if you want to reap maximum benefits.
You might be wondering how you can make sure that your own processes aren't quietly sabotaging your team's success — keep your eye out for these common restaurant food spending management roadblocks and then implement this advice to avoid them.
Roadblock#1: Tedious Invoice Processing
Processing an invoice can be rather time-consuming. Typing every line item, mapping it to the accounting code, getting it approved, and then, finally, making the payment. With FoodRazor, you can simplify — just take a photo of your invoice and cut down the time you spend on these administrative tasks. This way, you and your staff members can free up time and energy which can be redirected towards more attention-demanding responsibilities.
Roadblock#2: Difficult to monitor price fluctuations
Having been in the foodservice industry for a long time, you know how difficult it is to keep up with price fluctuations. Using FoodRazor, you can track all the variances through the daily email notification. This alleviates the stress of having to manually check market prices every single day.
Roadblock#3: Hard to track up-to-date spending
Keeping up with your food spending can be tough when your bookkeeping is only done at the end of the month. Unfortunately, finding yourself going over budget can be a recurring scenario. FoodRazor's dashboard gives clear insights into the health of your food spending — and hardly requires more than a quick glance. As an owner, you can easily maintain control over your budget throughout all different business locations, as all transactions are consolidated and viewed in one place.
Creating and maintaining solid processes — and dealing with roadblocks — takes time, energy, and focus. But the benefits far outweigh the effort expended. And, with the help of our online-based platform, you'll be surprised how simple it is. Even if they require a certain amount of upfront and continued commitment, implementing more efficient processes will surely remove so many headaches for you and your team.
To find out more, please click below to schedule a meeting. We are more than happy to share how FoodRazor can help you and your staff run a smoother back-of-house operation—without a ton of unnecessary hassle and stress.
More tips: We’ve got more advice for you. Yes, you. Managing the restaurant. Check out our article on dos and don’ts for petty cash here.