The Controller
Our core offering is what we call The Controller. It’s literally what it sounds like. We control your core financial reporting. We do this via the first 4 steps of our Restaurant Operating System.
01 — CAPTURE: POS, AP, payroll, inventory, banks and operational data
02 — ORGANIZE: GL, location structure, reporting architecture and controls
03 — REPORT: P&L, Balance Sheet, Cash Flow, key metrics and variance analysis
04 — ALERT: Exceptions, unusual trends, cash issues and compliance deadlines
What does this look like for you? We step in in place of an AP clerk, a bookkeeper or other staff you may have and ensure the bills get paid, with your approval. All inputs into the accounting system from auto drafts, to other banking, sales inputs, labor inputs, CapX and depreciation and journal entries are handled by our team. This results in an output package of traditional financial statements and not as traditional metric reports and analysis on your key operational metrics that truly determine your profitability. Moreover, all this happens on a schedule. The reporting package is available on a set day after period end closing each month.
Key controller tasks: Accounting • AP • GL • Financial statements • Cash management • Treasury • Inventory controls • Location-level reporting • Daily/period reporting • Debt and lease compliance • Financial alerts
What You Get
Daily
Sales reconciliation
POS/deposit reconciliation
Cash activity
Exceptions and alerts
Weekly
Cash position
Labor reporting
Prime cost
Flash reporting
Variance analysis
Period-End
Location P&L
Consolidated P&L
Balance sheet
Cash flow
COGS
Labor analysis
Budget vs. actual
Location comparisons