BSO Case Study - Restaurant

Outsourced Finance & Accounting

Establishing data analytics and streamlining financial reporting

A fast-growing domestic restaurant franchisee in the U.S.

Company background

Client Challenges

A fast-growing restaurant franchisee wanted to improve their financial reporting and develop actionable analytics. Their accounting staff was overwhelmed with manual data input and cumbersome accounting systems, limiting their ability to derive strategic insights from their data.

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Café staff sitting together looking at expenses and bills.

BDO’s Solution

Developing robust, actionable industry specific reporting through dashboards and ad hoc reports.

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Creating automated journal entries to import into their accounting system.

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Building an SQL data warehouse in the cloud, bringing in 5 data sources.

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BDO’s Business & Outsourcing team developed and implemented a strategy to simplify their accounting, provide real-time reporting and uncover actionable insights by:

Company Benefits

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BDO blended the automated data sources with large amounts of disparate data that was previously unusable.

The client was able to achieve real-time reporting, with BDO providing actionable insights into their operations.

The client was able to automate many accounting processes, utilize paperless systems and increase controls.