If your restaurant has not already jumped on the accounting and payroll automation train, it’s time to catch up and jump on! There are so many benefits, and we would dare to argue zero setbacks to getting this set up in your restaurant. Whether you own one location or multiple locations, the benefits are bountiful. Save yourself time, frustration and increase your accuracy when you allow technology to do the work for you.
Managers have a lot to accomplish, and with the help of automation, managers are able to spend less time in the office buried in paperwork, and more time being available to their staff and customers. If you’re still manually transferring employee hours from paper into an accounting and/or payroll system, it’s time to embrace the ease of technology and start making the most of everyone’s time.
Ok, you will probably still have moments of frustration at work because that’s just life, but you will have way less frustration with your accounting and payroll duties and can focus your energy into other areas that need attention. You probably never thought the words ease and accounting would be in the same sentence, but it’s true. Software integration, simplified payroll processes, adaptable functionality and no manual entry are just a few examples you have to look forward to. Within this type of software, you can also customize your chart of accounts, allowing you to see the overall picture more clearly and giving you the opportunity to better identify how you can increase revenue. Lastly, having all of your information in one place, streamlining your payroll data, and easily accessing your accounting information will put you more at ease, and allow you to better run your restaurant.
Last but certainly not least, accounting and payroll automation allows you to increase your accuracy. When it comes to accounting and payroll, you can’t afford to get it wrong. If you are overpaying employees, your restaurant is losing money, and if you are underpaying, then you are going to have some angry employees. Time theft is another issue you have to be aware of. According to a study, 40% of employees admitted to increasing the actual amount of time they worked a shift. While some employees are knowingly doing this, others are unintentionally getting a few extra minutes here and there. These extra minutes might not seem like a big deal, but can add up over time, costing your restaurant a lot of money.
As you can see, there are substantial benefits to a restaurant using accounting and payroll automation. When you own or operate a restaurant, you do not want to waste time or money, or spend your days stuck in the office doing menial tasks. These systems are in place to help you thrive. Take advantage of all the many ways this can set you up for success, so you can run your business without having to worry about the paperwork.