Blogs, Case Studies, News & More.

The hiring crisis in the restaurant industry expands beyond front and back of house restaurant workers. Nearly 100% of our clients operate within the restaurant vertical. We hear (and see) firsthand the challenges that many restaurant and hospitality groups are facing regarding recruiting, hiring, and retaining staff.

Tablespoon is honored to be named a Sage Intacct Partner of the Quarter, as well as Sage Intacct’s Marketing Partner of the Month. Tablespoon was recognized for its commitment to the restaurant and hospitality industry and success delivering Sage Intacct solutions for its clients.

Operating a restaurant group is unlike running any other type of business. There are a lot of moving parts and in today’s economy having access to real-time data is critical to knowing the financial health of your organization. Measuring key financial metrics can help you understand trends, stay competitive, and enable strategic planning.

On Wednesday, March 9th Tablespoon hosted a webinar reviewing what restaurant groups need to know about the latest Sage Intacct release. Andrew Lester, Tablespoon’s CEO, and Ryan Sudgen, Tablespoon’s Implementation Specialist, walked through a few interesting highlights.

Meet Tracey Schrock, Tablespoon’s Senior Accountant. March marked five years since joining the Tablespoon team! We are excited to celebrate this milestone with Tracey and tell you a little bit more about her, and why she loves working at Tablespoon.

Join the Tablespoon team on Wednesday, March 9th at 11AM CT, as they walk through Sage Intacct’s first quarterly release of 2022. They'll highlight significant enhancements for restaurant groups.

The employee retention credit (ERC), also known as the employee retention tax credit (ERTC), was created in March 2020 to encourage eligible businesses to keep employees on payroll to aid organizations through the pandemic.

Tablespoon, the leading restaurant industry focused Sage Intacct partner, is sponsoring The Restaurant Finance & Development Conference (RFDC) being held November 8-10, 2021, at The Bellagio in Las Vegas, Nevada.

Innovative Dining Group started searching for a new accounting platform in 2019. While on Microsoft Dynamics GP, their server was nearing the end of its life, and they wanted to switch to a cloud-based platform. They narrowed down the search to NetSuite and Sage Intacct. ...

Fun For All Management needed an outsourced accounting partner that specialized in the restaurant industry. "Knowing that Tablespoon intimately knew our business was a huge differentiator to us. Years ago, we used Sage Intacct and knew its capabilities. The blend of Tablespoon’s experience and Sage Intacct’s best-in-class cloud-based platform made us extremely happy."...

Let’s hang out! We invite you to take 30 minutes every week and come to the Hospitality Hangout – a complimentary, online series for hospitality industry finance leaders. Join us for a little down-time and take the opportunity to connect, learn, and share with your peers. We will discuss up to date industry insights, as well as strategies to gain...

On June 3, the Senate unanimously passed H.R. 7010, the “Paycheck Protection Flexibility Act” (PPFA) which relaxes the PPP loan forgiveness rules and will be a tremendous help for restaurants and other businesses who have not able to fully reopen and rehire staff. This bill previously passed the House 417-1 and is expected to be quickly signed into law by President...

Change is on everyone’s mind in the restaurant industry. There’s never been such an intense time of pivoting and adapting done by so many. While some businesses are shifting with ease, others are finding the road to profitability a little more difficult. Many restaurants are adapting to the changes with creative ideas and entirely new business models, but they aren’t...

Food costs represent a huge percentage of a restaurant’s overall costs, about 25% to 30% for profitable operations. To determine the true cost of steak, pasta, or other foodstuffs, you need to perform a cost analysis on a per-item basis—an impossible task with manual accounts payable. Your food costs are likely to be skewed, and you’ll lose on opportunities to save....

A financial management solution is a huge investment in the success of your restaurant business. You want to make sure that your technology dollars are well-spent, that you get the greatest possible value. That’s why it’s so important to choose a technology partner—also called value-added reseller (VAR)—that understands the restaurant industry as well as you do. In his white paper, How to Fit...

Let’s admit it, for busy restaurant business owners and operators, the concept of an all-in-one application suite to manage your back office has a certain appeal. Inventory management, scheduling, accounting, and reporting—all from one place. What could be easier and more efficient? Before investing in a snazzy new all-in-one solution, however, you want to look under the hood and kick the tires....

With labor costs rising throughout the US, restaurant operators can use some time-tested strategies to manage costs without impacting service. Here’s a look at four ways you can track payroll and tip wages better, optimize schedules, manage labor hours and ensure you can support tip tax credits. You can streamline operations and benefit from IRS compliance at the same time. FICA Tip...

If you’re still using paper-based processes and spreadsheets for inventory, you’re leaving money on the table. Using the right tools can help you understand your food and beverage costs by viewing pricing trends and identifying waste. Plus, this insight properly integrated with your Point of Sale (POS) system can create a powerful tool to transform your business. Here’s a look...

S&L Companies is the largest franchisee for Culver’s, and is growing rapidly, having opened 23 stores over the past five years. With such significant growth, S&L’s central finance team became strapped and found that their previous server-based accounting system was unable to produce the GAAP compliant, audit-ready financial statements required by lenders. S&L Companies recognized that it was critical to move...

Many restaurant companies run their financials using QuickBooks, relying on Microsoft Excel for tasks such as budgeting and reporting. While the QuickBooks-and-Excel combination may have served you well in the beginning, there are inevitable drawbacks that can limit growth. You start to miss out on the benefits of a financial management system that offers strategic, collaborative budgeting and fast, accurate reporting....