background preloader

Cogneesol

Facebook Twitter

More info at slideshare.net Restaurant Accounting Services - Boost Profit Margins Fancy 1 Keyboard Shortcuts Timeline SShuffle JNext KPrevious FFancy AAdd to List CComment HShare EnterView Thing Slideshow JNext KPrevious FFancy CComment PPlay / Pause LLoop Share This Thing Share This Comment Share This List Share This Gift Campaign Share {{name}}'s Profile Preview Widget size px x px Contents Add this to your website by copying the code below.

About Fancy Anywhere Fancy Anywhere enables your visitors to buy things on Fancy directly from your own blogs and websites. To + Search friends Message Share This thing was successfully sent. Join Fancy Fancy is the place to discover and buy amazing things curated by our global community. More social networks Already on Fancy? Interested in selling? Looking good! By signing up, you agree to Fancy’s Terms of Service and Privacy Policy. Log In More social networks New to Fancy? Reset Password Enter your email address to reset your password. Choose your currency. In today's fiercely challenging environment, restaurant and hospitality industry must seek out ways to reduce their financial outlay and boost business efficiency without losing quality or customer experience.

Cogneesol offers restaurant owners with first-class restaurant accounting and restaurant bookkeeping solutions. Our standard of combined expertise, know-how and capacity continues to be unparalleled in the market at this time. The targeted attention of our specialized restaurant accounting professionals can make it easy for you to concentrate on strategic business goals whilst making the most of: The restaurant and hospitality sector is a vast field and what makes it unique is the fact that there are a large number of components that make up the industry.

This is the very reason why before venturing into the financial considerations it will be prudent to go into some details regarding the scope and depth of this segment. There is a general misconception amongst the uninitiated that restaurants and hotels form the backbone of the industry. Nothing could be further from the truth. These are just a part of the whole. Others that fall in this category are clubs, casinos, theme parks and resorts. There is however a common thread running through each element – the industry thrives on providing luxury services that are based on tapping disposable income of people.

While most industries today have a fixed accounting method because of the precise nature of their business or product portfolio, the same is not true for the hospitality sector. Restaurant Bookkeeping Solution that Helps Your Business. If there is one industry that has fully cashed in on the Internet boom, it is the hospitality sector.

Restaurant Bookkeeping Solution that Helps Your Business

People are slowly becoming used to the concept that the little hand held device in their hands can do things for them which in the olden days took a lot of time and effort. Book tables for a special dining out experience, browse through menus and decide on the cuisine sitting in your favorite armchair at home or even log into a mobile app and order food of your choice. Life couldn’t possibly get any simpler but it puts an added degree of responsibility on the restaurant owner. It is to cater to this segment in keeping with the times without getting distracted from the core activity of running the business well.

One of the primary distractions that take away focus from core activities of a restaurant is bookkeeping and herein lays the dichotomy – as a restaurant owner you cannot ignore it, yet cannot afford to spend a major chunk of your time on it. It has long been the bane of lawyers to get tied down with tons of legal research and writing that is so critical for every case.

While there is no doubt that this is a vital cog in the wheels of legal jurisprudence, there is also no doubt that it is a long and tedious process that is mainly based on extensive research rather than direct interpretation of the law. Hence busy lawyers and law firms have adopted a new approach to legal research and writing – they have opted to take the help of expert legal research services to do the work while they concentrate on the more crucial core activities of garnering high profile clients and providing them impeccable service and undivided attention.

This by default leads to exponential business growth and development. However, this scenario and this approach is a comparatively new phenomenon. It will now be relevant to analyze how as a busy lawyer you stand to gain by adopting this new approach. There is no doubt that by availing paralegal outsourcing services law firms around the world have been able to increase client satisfaction.

There a number of reasons for this. The first is that outsourced agencies offer paralegal services for almost every facet of law thereby freeing law firms to cater exclusively to client servicing. The areas offered include Corporate and Business law, matrimonial, environmental and criminal law, personal injury, banking and finance law, labor and workers compensation law and anything else that falls within the ambit of legal jurisprudence.

Secondly, by taking off certain tedious and time consuming tasks from the law firms, outsourcing services facilitate increased productivity and optimize existing resources. Hence, legal luminaries can devote more time to go into the finer nuances of law to their clients’ advantage. In a nutshell, there are 4 primary ways that outsource paralegal services increases client satisfaction –