Professional Profitability Services
Daily accounting services
We understand that waiting until 10-15 days into the following month to find out your profitability and costs from the current month is too late to respond so with us as a resource you know where your profitability stands as well as your bank account.
Daily accounting services include:
- Posting Vendor receipts
- Posting daily labor costs by position/department
- Red Flag warnings & reporting of cost overruns
- Accruals for revenue, expenses, liabilities, etc.
Monthly accounting services
- Recording and filing all local, state, and federal fees & reports, (NOTE: federal, state, and local income taxes are additional)
- Bank reconciliations
- Preparing monthly P&L and Balance sheet
- Posting M/E inventory balances
payroll accounting services
We work with all major payroll companies to obtain payroll information
We post payroll information, per payroll period, into your accounting system
We can assist you in identifying and selecting a new payroll service as necessary, to meet your changing requirements
labor analytics to determine future staffing levels based on business volume& labor standards
Based on data you provide from your existing POS and accounting systems we work with you to determine customer-staffing relationships, best practices, and labor standards, combined with our algorithms & methodology to build optimal weekly labor schedules.
Budgets & Forecasting analytics
We guide you in developing both yearly budgets, as well as daily/weekly forecasts. Your forecasts will be updated daily with your restaurant's actual performance so that you know daily & month-to-date what your profitability is.
Monthly and Yearly Financial reporting
We can provide monthly financial reporting 5-7 business days after month-end
We will produce annual financial statements ready for your tax preparer 30 days after year-end if all requested client information is submitted as requested
Food & alcohol cost analysis, control, monitoring, and reporting
We start by analyzing your current food cost starting with the top line, breaking your sales down into individual items, and using your recipe cards and COGS purchases to determine the cost of each item you produce for sale. From this analysis, we can identify what your potential sales price could be.
We then work with you to perform a limited competitive pricing analysis to aid you in selecting a price for your product(s) that not only brings you closer to your profit goals but also keeps you competitive.
We follow this up by analyzing and optimizing your alcohol COGS if you sell alcoholic beverages.
business coaching
We provide Business Coaching Services
What Is Business Coaching And Why Do You Need It?
A business coach will assist and guide the business owner in running a business by clarifying the vision of their business and how it fits in with their personal goals. Business coaching is a process used to take a business from where it is to where the business owner wants it to be.
What we do
- We build actionable plans
- We create owner accountability
- We bring our years of business experience to the table
- We help owners identify what their goals are and create a road map to reach them
NOTE: Our perspective on your company can help you; the owner see which items are just tasks and which are long-term objectives.
management consulting services
What we do as your Management Consultants
As your Management Consultants, we focus on your entire organization and provide advice. We analyze your business and its operations and then advise you on the best strategies that you can use to create the level of productivity that you want to have. We will look at your processes from an objective perspective and then inform you of new innovative processes that may help you to increase sales, customer retention, and more. Additionally, we can help you to develop skills that you may have been lacking.
POS SYSTEM SALES & support
Restaurant POS Software
Do what you do best, manage your business. Our Point of Sale system software can run your business front to back; you could call it "Business in a Box."
Everything you need and require from your Point of Sale software.
Speed and Ease of use – staff will be up and running in minutes
Reports – Over 70 reports in the pos software
Sales by server, by terminal, by item, by hour – Crazy detailed reports!
Email – internal emails to your employees and staff
Time in Attendance – Employee’s clock in and out
Payroll – Track hours and payroll costs
Inventory – create purchase orders, shopping lists, track inventory depletion
Future proof – Expandable and highly flexible
payment logistics MERCHANT SERVICES
Accept contactless payments like Apple Pay®, Google Pay®, QR code payments, text messaging payments & other emerging technologies while supporting the latest EMV & NFC chip card standards.
Food and beverage hospitality merchants and retailers alike realize they must implement contactless payments and mobile-optimized business solutions to build trust with consumers and improve hygiene in their business. We created the PayLink® mobile commerce platform to provide merchants with the next generation in contactless ordering and contactless payment technology. With PayLink, patrons can retrieve their check from their mobile device, add items to their order and pay. PayLink brings a whole new meaning to contactless payments by eliminating the need for consumers to physically interact with staff to order and checkout. PayLink is a 1of a kind social distancing commerce solution for both online and in-store business operations.
Paygistix offers PAYLINK a FREE Online Ordering Solution to beat the COVID-19 restrictions.
With PayLink, customers can order and pay online through their phone, PC, or tablet. Merchants can offer their customers the ability to order for curbside pickup, take-out, or park & dine where the customer scans a unique QR code that is placed at designated parking spaces.
PayLink makes order management a breeze with its built-in and intuitive order management interface that can be accessed from any internet-connected device.
