Reduction of Labor Cost
The reduction of labor cost is very important to large and small businesses. Labor is typically one of a restaurant’s largest expenses, along with food and facilities. e*Restaurant from Altametrics typically reduces labor dollars spent by 1.0 - 1.5% of gross sales through several automated features and management tools.
Based on industry averages, a 1.5% reduction in labor costs results in a 30% improvement in profits.
Average Weekly Restaurant Labor Reductions:
Laborhours Annual per Store ROI Description
Prep 3.5 hours $26/wk $1352 .5 hr/day in open due to reduced over prep
Labor 2 hours $15/wk $780 Reduced admin time from 4 to 2 hours to write schedule
Redbook 2 hours $15/wk $780 20 min (Cash Envelope/P&L/Nightly reporting) x 7 Days
Food Mgmt. 2 hours $15/wk $780 Reduced time creating, submitting, and receiving food orders.
Total 9.5 hours $71.25/wk $3692
Administrative Time Savings
e*Restaurant from Altametrics improves administrative staff efficiency as labor and accuracy improvements are translated to the corporate office. Less time is spent solving problems with payroll, following up on reporting of sales, and correcting math errors. Time savings are also realized as a result of e*Restaurant from Altametrics’ extensive integrations to other business critical systems.
Accounting Benefits
• Payroll and HR automation
• Accounts Payable automation
• Cash and Sales integration
• Inventory posted to GL accurately and timely
• Transfers reconciled automatically
• Near real-time single source P&L
• Eliminates duplicate data entry and auditing
Business Intelligence Benefits
• Single unified information repository for data mining and business intelligence
• Facilitates business planning and forecasting
Supply Chain and Procurement Benefits
• Automated auditing of price and contract compliance
• More accurate demand planning
Multi-Unit Supervisor Benefits
Multi-unit supervisors have immediate and up to date access to all business critical information. e*Restaurant from Altametrics eliminates the need to manually report key stats via fax, or voice mail. The information your supervisors need to drive performance is at their fingertips without the need of an assistant or accountant to compile it for them.
Clerical Time Savings
Freeing your staff from repetitive data entry and transforming them into knowledge workers adds value to your business. Instead of processing information corporate staffs are now able to focus on key business drivers and alert you to the information most important to you.
Clerical time savings range from 25 – 50%.
Reduced Communications Cost
Telecommunications:
Every time one of your managers sends a fax, voice mail, or calls someone for information it costs money. Costs include labor costs as well as telecommunications costs. Using e*Restaurant from Altametrics customers have been able to reduce telecommunications costs by $50 - $200 per month per location.
Printing, Handling, Mailing:
When a document, procedures manual, job aid, marketing material, or other printed item is sent to a location the costs may be higher than you think. Costs eliminated by e*Restaurant from Altametrics include:
• Printing
• Storage
• Order Processing
• Handling / Packing
• Mailing
These savings can add up to hundreds of dollars per location per year depending on your printing and mailing volume.