Nova Restaurant Group manages several independent restaurants in Minnesota with more than 600 employees. After years of working with a variety of third-party applications, Nova Restaurant Group was looking for an all-in-one accounting and analytical software program.
The challenge was finding an accounting system that efficiently managed numerous stores in the group’s portfolio based on operational periods and corresponding budgets.
After attending the National Restaurant Association (NRA) show in Chicago and reviewing many different options for premier accounting programs and enterprise solutions, no single software met their needs quite like Restaurant365.
“I was wasting time investigating falsities rather than managing,” said Bruce Nelson, Chief Financial Officer, Nova Restaurant Group. “With our old system, I would spend 12 hours a week auditing. Now with Restaurant365, I spend an hour a week, freeing me up to focus on other areas that are aimed at growing our restaurant group versus keeping it accountable.”
It was important to Nova Restaurant Group that the software they use easily integrates and connects each of their restaurants.
Restaurant365 knows if you transfer products and expenses from one entity to another, and intuitively adjusts the balance sheets and accounts during the process, ultimately saving time and money. This process allows staff to directly see how their budgeting is affecting their salary while using the software to compare budget in real time. This has taught them how to watch the budget weekly rather than waiting until the close of the period, keeping them more on track throughout the operational period.
Since then, one store bonused out three quarters in a row at 100 percent and three other stores have bonused out on 100 percent by picking and choosing necessities based on budget.
Nova Restaurant Group is growing at a rate of about one store every 18 months. After learning how to use and manage the software in 2017, they analyzed the data to set the 2018 budget based on their performance in the areas of sales, labor, food, alcohol, and direct operating.
Two full years with Restaurant365 produced $850,000 more in bottom line profit in the second quarter review compared to the previous year.
“I’ve been in the restaurant industry for 40 years and have dabbled in a lot of different aspects of what Restaurant365 has to offer, and I’m very impressed with how these tools work within the software. I think a lot of thought has gone into how the experience is for the user,” said Nelson.
Bruce Nelson, Chief Financial Officer
Nova Restaurant Group
By switching to Restaurant365, Nova Restaurant Group found more than just an accounting solution—they discovered a smarter, more streamlined way to manage and grow their business. With powerful automation, real-time insights, and seamless integration across locations, the group not only saved time but also significantly boosted profitability. The $850,000 increase in bottom line profit speaks for itself: Restaurant365 isn’t just software—it’s a game changer.
$850,000 increase
in bottom line profits
45+ hours saved
per month on financial auditing
Improved accountability
Discover how you can start achieving savings like these for your business
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Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.
