Serving Up a Faster Financial Close for the Restaurant & Food Services Industries
From Delivery Dilemmas to Tip Distribution: Tackling the Financial Hurdles of Modern Restaurants & Food Services
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Efficiently Handle Complex, High-Volume Transactions While Gaining Valuable Insights
With AI-driven reconciliation and financial close automation, you can quickly and accurately match transactions, enhancing the accuracy and regulatory compliance of all resulting financial statements. Matching transactions with numerous external sources happens at a fraction of the time that manual processes take. This frees up time to spend on unmatched transaction exceptions – improving the accuracy and reliability of your close. Not only can the heavy lifting of data collection, transformation, manual matching, and resolution processes be automated, but the identification of risk through AI ensures quality, control, and ongoing improvement.
Reduction in preparation time needed for reconciliations
Reduction in the number of accounts to be manually reconciled
Reduction in time spent on transaction matching
Manage Data Across Complex Transactions
Restaurant accounting departments must verify the transactions recorded on the point-of-sale (POS) system, third-party delivery services, the bank statement, and the general ledger. If there is a discrepancy, it’s virtually impossible to manually tie the general ledger transaction back to the order placed in the POS.
Focus on Exceptions While Managing Volume
High volumes of three-way matching transactions are time-consuming, not to mention the added risk of human error and the difficulty of managing discrepancies. Automation can help manage this massive amount of data, giving finance and accounting teams the ability to focus on exceptions.
Increased Control and Visibility
Financial data organized in one place provides not only the ability to operate seamlessly in a global landscape, but also to perform in-depth analysis and identify larger patterns. This visibility provides the control necessary to increase efficiency and improve accuracy.
Seeing is Believing. Check Out What Your Peers Are Achieving.
Scaling Smarter: How Condado Tacos Streamlined Financial Operations to Fuel Rapid Growth
Read Case StudySince implementing Trintech, Condado Tacos has achieved:
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$70K+ Saved: Avoided hiring a full-time accountant by automating reconciliations.
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50% Faster Close: Significantly reduced close cycle time, enabling more time for analysis.
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28 Stores Automated: Rapid onboarding—13 stores added independently after initial setup of 15
We have a ton of cash-heavy stores and thay process was a huge hassle for us to manually track so having Trintech to automate that process has been a significant win for us.”
Brunch with Benefits: How Ruby Slipper Café Trimmed Days Off Close with Trintech
Read Case StudySince implementing Trintech, Ruby Slipper Café has achieved:
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3–4 Days Faster Close: Cut financial close timeline from day 10–11 to day 5–7.
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100% In-House Reconciliations: Eliminated third-party costs by automating A/R, gift card, and corporate card reconciliations.
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Streamlined Workflows: Shifted tasks from CFO to staff level, freeing leadership for strategic work.
Prior to Trintech, we kept everything in Excel, and it took us 11 business days to close the books. Having Trintech enabled us to trim our close down by 3-4 days.”
Fast Food, Faster Finance: How MAX Burgers Streamlined Close with Trintech
Read Case StudySince implementing Trintech, MAX Burgers has achieved:
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Significant Time Savings: Reduced time spent on financial close by automating reconciliations.
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Improved Audit Readiness: Auditors access all documentation directly in the Trintech solution—no more email back-and-forth.
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Simplified Onboarding: Easy-to-use solution accelerated training for new team members during rapid growth.
“We have seen several benefits since implementing Trintech including significant time savings across our financial close process. Our teams are also more productive because they are now focused on higher value-added work.”
From Binders to Breakthroughs: How Panera Bread Modernized Finance with Trintech
Read Case StudySince implementing Trintech, Panera Bread has achieved:
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3 Weeks of Manual Work Eliminated: Automated credit card reconciliations that previously took one person nearly a month.
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15 Data Feeds Integrated: Streamlined reconciliation across AP, AR, investments, and more.
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Faster Issue Detection: Reduced reconciliation issue resolution from weeks to days.
They held our hand and talked us through the process. If we were to implement another software solution, we would use our experience with the Trintech rollout as the role model.”
Texas Roadhouse Makes the Most of Dynamic Account Maintenance
Dynamic Account Maintenance is an advanced feature that enables organizations to adjust reconciliation timing based on risk-based criteria. By leveraging this functionality, Texas Roadhouse has streamlined its reconciliation processes, achieving a 46% reduction in reconciliations and saving between 750 to 1,000 hours annually.
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Chick-fil-A Automates Financial Close with Trintech
Building on over 25 years of partnership, Trintech has helped Chick-Fil-A scale and grow their business while saving time and increasing efficiency and visibility.
Sysco Partners with Trintech on Global Financial Transformation
What made Sysco customer Rick Gautier say, “Working with Trintech has been the highlight of my career?” Maybe it’s the fact that with Trintech’s Cadency they now auto certify nearly 50% of their 10,000+ accounts…and they’re just getting started.
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