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The Tip Share

102 EpisodesProduced by RASI - Restaurant Accounting Services Inc.Website

A Restaurant Industry Podcast


How To Automate Your Accounts Payable Process

Modern restaurants depend on various integrated technology for an increasingly large portion of their business processes. From POS systems to digital pay cards and HRIS solutions to data management software, automation is taking a front seat in restaurants' abilities to increase efficiencies, decrease costs, and minimize overhead.

While digital automation continues to spread its wings, portions of the restaurant business remain stuck in paper-based processes. A crucial part of the business that handles supplier invoices and vendor payments, known as Accounts Payable, often falls within this category. This is detrimental to the business, as it's time-consuming and hugely prone to human error. Restaurants working in these manual processes have a tremendous operational opportunity from accounts payable automation.

Accounts payable automation software saves your staff time by replacing tedious manual processes with invoice scanning and automatic data entry, speeds up the approval and payment processes, and increases error detection and fraud protection.

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