Contributed by: Annabelle Crawford, Inventory Specialist at Compeat Today’s restaurants operate on tighter margins than ever before. With food costs running at approximately 30% or higher, learning to accurately manage inventory & prevent common mistakes is critical in successfully driving … Continued
This article was written by Kristi Turner, CMO of Compeat, for Hospitality Technology The holiday season gives restaurants a perfect opportunity to entice hungry holiday shoppers into their establishments. If past years are any indication, diners could spend nearly $100 billion … Continued
Food cost is one of the largest expenses in nearly every restaurant’s budget. From fast food to fine dining and everything in between, food and labor make up the lion’s share of outgoing cashflow. Despite being such a relatively large … Continued
Compeat, a leading provider of innovative restaurant accounting, back office, workforce, and intelligence management software, has announced that they will participate in a panel discussion at the 2019 Restaurant Finance and Development Conference (RFDC). Rob D’Ambrosia, founder and former CEO … Continued
This article was written by Robert Freedman for CFO Dive Fast churn rate was key to learning software was too complex for small organizations, SaaS executive says. Years ago, when Paul Willson was overseeing the financial planning and analysis (FP&A) function at … Continued
This article originally appeared on PYMNTS.com It may be the case that the only predictable thing about the restaurant business is… unpredictability. New menus items may be popular… or not. The Friday hot spot may be hotter than usual, with … Continued
This article was written by Jason Hollis, Training & Implementation Lead for Compeat, for Hospitality Technology Your menu, by definition, is the list of dishes available at a restaurant. But a menu is far more important to your business than that. … Continued
Opening your own restaurant can be a dream come true, or a pipe dream if you’re not fully aware of what the process truly entails. While it can be a daunting proposition, it’s also a common misconception that as many … Continued
This podcast originally appeared on CFO Thought Leader. Jack Sweeny, host and creator of CFO Thought Leader, sat down with Paul Willson, CFO of Compeat, to discuss his career journey and what lead him into the restaurant sector. In the … Continued
By Hayden Yeazel, Account Executive at Compeat If you are growing increasingly frustrated with out of control food costs, you’re not alone. As a part of my job at Compeat, I speak to restaurant groups on a daily basis. From … Continued
