A Restaurant Accounting Innovation Roadmap: Best Practices to Optimize the Back-Office
In 2018, Hospitality Technology and Restaurant365 chartered the Restaurant Accounting Innovation Council. The group came together for quarterly meetings to idea-share and collaborate on what was needed to bring more efficiencies and efficacy to the restaurant accounting space.
For Restaurant365, the Council served an added benefit acting as an unofficial operator advisory council. “We’ve extracted some real gems,” admits John Moody, co-founder, Restaurant365, referring to two concepts born during Council meetings that made their way into Restaurant365 systems updates. “The feedback from the group was so valuable as it would confirm our roadmap or give us something to add to the roadmap.”
Following is output from the fourth and final Restaurant Accounting Innovation Council meeting as well as a compilation of the vast insights, feedback and best practices culled from the last 365 days.