The restaurant industry is rapidly embracing technology to improve operations, boost efficiency, and exceed guest expectations. One innovation that is transforming restaurants is the hospitality reporting tool. This powerful software gives owners and managers real-time analytics and insights to make better decisions. A hospitality reporting tool like Opsyte gathers point-of-sale, inventory, scheduling, and other data into interactive dashboards and reports. With a few clicks, restaurants can monitor sales, labor costs, inventory levels, and more. The key benefits of using a hospitality reporting tool include:

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HOW HOSPITALITY REPORTING
TOOL IS REVOLUTIONIZING THE
WAY RESTAURANTS WORKS?
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THE RESTAURANT
INDUSTRY IS
RAPIDLY
EMBRACING
TECHNOLOGY TO
IMPROVE
OPERATIONS,
BOOST
EFFICIENCY, AND
EXCEED GUEST
EXPECTATIONS.

2. OPSYTE.COM
The restaurant industry is rapidly embracing
technology to improve operations, boost
efficiency, and exceed guest expectations.
One innovation that is transforming
restaurants is the hospitality reporting tool.
This powerful software gives owners and
managers real-time analytics and insights to
make better decisions.

3. A hospitality reporting tool like Opsyte
gathers point-of-sale, inventory, scheduling,
and other data into interactive dashboards
and reports. With a few clicks, restaurants
can monitor sales, labor costs, inventory
levels, and more. The key benefits of using a
hospitality reporting tool include:
OPSYTE.COM

4. OPTIMIZE LABOR COSTS
For most restaurants, labor is one of the most
significant expenses. To optimize staff
scheduling, a reporting tool provides visibility
into labor metrics like sales per labor hour.
Managers can forecast labor needs based on
historical data and Best Scheduling Software
for Restaurants more efficiently using
features like the Staff Rota Template; by
aligning labor to sales volume, restaurants
control costs.
REDUCE INVENTORY WASTE
With robust reporting on inventory usage,
spoilage, and other metrics, restaurants
minimize waste. Alerts notify when a product
is running low or expiration dates are nearing.
Historical data aids in accurately forecasting
future inventory needs. This saves money
while ensuring necessary ingredients and
products are always stocked.
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5. OPSYTE.COM
CASHUP ONLINE FOR FASTER INSIGHTS
Waiting days or weeks for accounting staff to
close books and generate reports is
detrimental in a fast-paced restaurant.
Features like Restaurant Analytics Cashup
Online provide immediate access to sales
data for prompt decision-making. Daily
reports help spot trends while analytics
identify high versus low-margin items to
optimize the menu.

6. OPSYTE.COM
ENHANCED CUSTOMER EXPERIENCE
By tapping into guest feedback, sites like
Yelp, and POS data, restaurants gain insights
into the customer experience. Metrics on wait
times, issue resolution, and repeat business
help identify improvement opportunities. This
drives higher engagement and satisfaction.
With segmented data, restaurants can
personalize loyalty programs and marketing.
BENCHMARK PERFORMANCE
Understanding metrics like same-store sales,
transactions per guest, and revenue per
square foot is imperative. A reporting tool
shows how a restaurant performs versus
previous periods, other locations, and industry
benchmarks. Examples include menu analysis,
sales mix, and revenue by daypart. This assists
in goal setting and driving growth.

7. OPSYTE.COM
GRANULAR DATA FOR INNOVATION
A hospitality reporting tool captures granular
data from across operations. Management
teams gain visibility into metrics like weather
impacts sales, peak dining times, bestselling
dishes by location, server performance, and
more. Uncovering these trends and insights
sparks ideas for innovating the menu, facility
layout, reservation system, staffing approach,
etc.
REAL-TIME ALERTS AND NOTIFICATIONS
Unlike traditional monthly reports, a
hospitality reporting tool provides instant
notifications when inventory is depleted, a
freezer fails, or other impactful events occur.
This real-time insight mitigates risk and
maximizes uptime. Alerts can also automate
processes like placing supply orders when
stock reaches a certain threshold.

8. OPSYTE.COM
USER-FRIENDLY ANALYTICS
Poring over endless spreadsheets is
frustrating and ineffective. A hospitality
reporting tool presents analytics through
interactive, visual dashboards. Users can
easily dig into the data that matters most
from any web-enabled device. Dynamic
charts and graphs quickly highlight
opportunities, while automated reports
provide summaries via email.

9. What data does a hospitality reporting
tool track?
These platforms track point-of-sale transactions,
sales, inventory, labor hours, customer feedback,
marketing analytics, accounts payable, food
costs, and more. Robust integration capabilities
allow harnessing data from POS systems, payroll,
reservations, loyalty programs, and other
methods.
How does the data get into the reporting
system?
Hospitality reporting tools use API integrations to
automatically pull data from POS systems, payroll
platforms, inventory software, and other systems
in real-time. Some also allow uploading historical
data and manual input capabilities.
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FAQS

10. What kinds of reports are generated?
Widespread reports include sales summaries,
labor cost analysis, overtime tracking, voids and
discounts monitoring, menu performance,
segment data by location or server, sales by
daypart, A/R aging, and inventory usage reports.
Custom reports can also be created.
Who uses the reporting tool data?
Owners, multi-unit managers, general managers,
inventory managers, chef/kitchen managers, and
others leverage the reporting tool to gain
insights. The analytics often integrate with ERP or
accounting systems for financial controllers and
other back-office staff.
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11. OPSYTE.COM
What skills do users need?
These tools are designed for ease of use with
drag-and-drop reporting designer functionality.
Users can easily filter, compare, export, and
customize data. No particular data science or
analytics skills are required. Primary computer
and web proficiency provides access to impactful
data.
Enhancing Restaurant Success: Opsyte
The benefits include optimized labor costs,
reduced waste, accelerated insights via Cashup
Online, better customer engagement,
performance benchmarking, data-driven
innovation, real-time alerts, and user-friendly
analytics. By leveraging the power of data and
software like Opsyte, restaurants gain the
visibility and control needed to operate more
efficiently and profitably in a highly competitive
market.”