With average food costs up more than 20%, the demand for pricing precision has never been greater.
Despite the urgent need for transparency in pricing, foodservice operators continue to struggle with challenges in cost management, including:
- Billing Errors
- Pricing Discrepancies
- Negative Impacts on Operational Costs
However, the burden of manual price verification and invoice management consumes valuable time and resources – commodities that operators unfortunately lack these days.
In fact, a recent report from the National Restaurant Association revealed that 31% of restaurant operators turned to technology and automation solutions in 2023 to cope with understaffing pressures.
Auditing Technology for Foodservice Operators
At Sundell & Associates, we leverage auditing technology, advanced algorithms, and data analytics to identify discrepancies, errors, and potential areas of non-compliance across your supply chain. Here’s how it can benefit your operation:
- Enhanced Cost Efficiency: Catch errors early, minimize financial losses. Ensure charges match agreements.
- Transparency and Accountability: See every transaction clearly. Build trust with vendors. Protect your profits.
- Time Savings: Stop manual invoice reviews. Focus on core business and growth.
We recognize the complexity involved in managing invoices. Offering a proactive approach to identify and rectify errors before they impact the financial health of your business, our auditing technology has emerged as an invaluable tool for foodservice operators.
Improve Efficiency and Protect Your Bottom Line
Our technology operates seamlessly to audit invoices and detect discrepancies. From quantity variations to pricing errors, our system leaves no stone unturned, ensuring that every charge aligns with the agreed-upon terms.
- Ongoing Review of Invoices: Find invoice errors with our tech, fix them fast for timely corrections.
- Efficient Error Resolution: We find invoice errors and fix them quickly for accurate pricing.
- Automated Contract Review: No more manual contract reviews! Our tech finds discrepancies and tells you instantly.
- Optimized Utilization:Allocate credits and overages to reduce costs and stay compliant.
By automating the review process, you not only prevent financial losses but also free up crucial time for a more concentrated focus on your core business operations.
Why Choose Sundell & Associates?
Expertise and Experience: With over four decades in the foodservice industry, Sundell & Associates brings unparalleled expertise to the table. Our auditing technology is informed by years of experience and a deep understanding of the unique challenges facing foodservice operators.
Customized Solutions: We recognize that every foodservice operation is unique. That’s why our auditing technology is fully customizable to meet your specific needs, whether you’re a small independent restaurant or a large-scale enterprise.
Cost-Effectiveness: Say goodbye to the overhead costs associated with a full-time purchasing department. Our auditing technology offers cost-effective solutions that deliver tangible results, helping you maximize your ROI.
Ready to improve operational efficiency and protect your bottom line? Fill out the form below and one of our industry experts will contact you.