Restaurant
In today´s tough economy and fiercely competitive marketplace, restaurant operators are forced to reduce costs while
exploring options to improve business performance without sacrificing their customers' experience.
Many restaurant companies may find themselves asking some challenging questions:
- Is too much time being spent with routine day-to-day accounting functions rather than managing the business operations?
- Do we have the accounting and personnel infrastructure to easily scale up or down based on the current needs of the business?
- Do we have an obsolete or inefficient accounting platform that doesn't provide the financial visibility to make informed
decisions that positively impact the bottom line?
FPO's Value Proposition
Quatrro FPO Solutions (FPO) provides restaurant owners with high-quality management information and accounting solutions.
Our level of combined specialization, experience, and capability remains unmatched in the industry today. The focused attention
of our dedicated staff of accounting professionals allows restaurant companies to be able to focus on their strategic business
objectives.
Benefits of Outsourcing with FPO
Financial Results
- Free-up resources to focus on your business and top line growth
- Realize total cost savings up to 40% with tailored solutions
Operational Excellence
- Quality and Reliability - quality improvement/best practice programs
- Increase manager productivity working with employees and customers
Performance
- Transform your finance and accounting performance, skills and service levels
- Improve financial tranperancy, quality and controls with "drill down" ability
- Adapt quickly to changing financial and accounting scalabitlity needs - move to a fixed to variable cost model
- Reduce risk from cash and credit card receipt theft
Our experience in Restaurant domain includes the following:
Financial Reporting
- Profit & Loss Statements
- Balance Sheet
- Cash Flow Statement
- General Ledger
- Inter-Company Accounting
- Fixed Asset Account Management
- Corporate Consolidation Reporting
Accounts Payable
- Web-based Invoice Imaging
- Vendor Management
- Electronic Invoice Integration
- Tailored Check Processing
- 1099 Management
- Tax & License Processing
- AP Aging Report
Accounts Receivable
- Order Management
- Customer Billing
- Cash Management
- Bad Debt Analysis
- AR Aging Report
Reconciliations
- Period Bank Account Reconciliations
- Daily Sales & Cash Deposit Verifications
- Credit Card Deposit Verifications
- Gift Card/Certificate Reconciliations
-
Managed Payroll
- New Hire/ Termination Entry
- Master File Maintenance
- Import/Entering of Payroll Hours
- Inputting Deductions
- Validating Payroll Hours
- Wage & Employment Verifications
- Working with your Payroll Provider of Choice
-
Our Clients
Client Testimonial
"We are very pleased with our decision to partner with FPO as our outsourced accounting provider. They
have a dedicated and efficient team who were able to complete my implementation within 3 weeks from the day we finalized
the purchase of our restaurants. Their timely delivery of our financial statements has allowed us to make informed decisions
and react quickly to make any necessary changes."
- Carlos Sarria, Managing Owner (former VP Company Operations-BK Europe)