There are so many things that restaurant owners have to worry about and keep track of. We know these things can keep you in the back office working on tasks that probably don’t align with the reasons you are in this business. Thanks to technology and innovative entrepreneurs like you, there are countless tools that have been developed to take complicated business processes off your plate. The thing is, there are SO MANY tools, it can be overwhelming. Here are three tools that can help you save time and increase efficiency — so you can spend less time in the back office and more time doing what you love.
1. Get restaurant-specific financial insights and guidance with RASI
RASI offers accounting services and software for restaurants of all sizes and types. Their most popular plan can be compared to the cost of a part-time bookkeeper and provides turn-key accounting, bookkeeping, invoice capture, cash management and compliance services.
What’s unique about RASI is their industry-specific expertise and focus on continued financial education and guidance. They will work WITH you to find ways to maximize profits and grow your business, whatever that looks like for your unique restaurant. And they get results – RASI clients have achieved a 14% increase in profits. You can request a demo to learn more about how RASI could work for your restaurant.
2. Simplify your IRS form compliance with Track1099
Track1099 makes IRS compliance easy (yep, really) by e-delivering, e-filing and managing W-2, 1099 and other required IRS forms for you.
They will securely e-deliver required forms to recipients, and e-file to the IRS for you. If you have recipients without an email, they’ll provide PDFs to mail, or they can even mail for you (January through April). Track1099 also integrates with QuickBooks Online, Xero, Bill.com and NetSuite. There is no minimum fee, you only pay for the forms you e-file. You can explore the platform for free.
3. Automate your sales tax with DAVO
DAVO by Avalara sets your sales tax aside daily, and then files and pays it for you. At tax time, you’ll know that all of your sales taxes were filed and paid in full and on time. It is a set it and forget it solution. Once DAVO is set up on your POS, you never need to manage sales tax for in-store sales again.
You also get a user-friendly dashboard to access reports at tax time. Use DAVO’s robust reporting tools to track your sales and sales tax data by day, month, and year. Set up is simple and takes 5-minutes. Choose your POS to get started – the first month is free.
With these tools in your toolbox, you can streamline many of the processes that are less fun – and spend less time in the back office, more time growing your business. Here’s to more time doing what you love, less time managing forms and financials!