Finance and Profit Manager
IndiCater helps your business grow by giving you full control and visibility of your outlet and business’ finances.
Designed to provide unprecedented access into the heart of your business’ trading finances; created by hospitality professionals who understand what makes your business profitable.
Complete control of your business
This dynamic application offers instant access to live operational trading information, at a click.
Used by both single and multiple site operators, Finance and Profit Manager gathers trading data from each operational aspect of your business, from sales right the way through to purchases and labour costs – ultimately creating full trading and flash reports.
e-procurement transactions can be automatically picked up, manually entered or imported via third parties such as EpOS. Consolidated trading information can be seamlessly exported into accounting packages such as Sage, SAP and Oracle directly from the application.
No Fuss. No Paper. No time delays. Full Operational Control!
Great financial and resource benefits.
- Time and resource savings of 20% within the finance team
- Instant visibility of sites’ finances
- Improve Corporate Social Responsibility driving towards a paperless office
- Full reporting available 24/7
- Reported improvements in profits exceeding 3%
Tailored to your taste
We design your package around you, so you only pay for what you are going to use.
Record daily sales, invoice payment, cash purchases and banking.
Streamline and replace manual paperwork systems for recording cash sales and generating customer invoices for onward payment. All cash purchases can be recorded and tracked online. Daily banking can be monitored and recorded, broken down into cash denominations and cheques. Data from each area feeds directly into daily and weekly trading reports.
Record purchases, estimates/accruals and credits and a purchase order creator.
All purchases can be recorded and tracked using this simple tool to provide complete control of this key area. Estimates for undeclared purchasing costs for items included on ‘dummy’ invoices can be entered and later matched and adjusted with the invoice when it arrives.
Data from each purchasing area feeds directly into daily and weekly trading reports.
Submit weekly budgets for monitoring and reporting.
Using each management heading within the Finance and Profit Manager tool including Income, Purchases etc, detailed budgets can be created for a full 12 month trading period.
Live trading data is matched against the budget period, producing comprehensive variance reporting.
Monitor your business using a range of essential reports and exception alerts.
As with all of IndiCaters tools and applications, our system offers comprehensive business reporting that makes the difference between making a profit or a loss.
Data is generated instantaneously, no need to wait days or weeks to find how your operation is performing.
Electronic invoices driving towards a paperless office.
Electronic Invoicing, or Purchase 2 Pay, is revolutionising the way that foodservice operators are managing the purchasing processes. Don’t get left behind, suppliers are happy to work with supplier invoicing (we have over 1500 suppliers working with us) – our system is exceptionally simple to use and set up.
The financial savings are huge, both in terms of bought ledger personnel required to process manual invoices and accuracy of invoice charges, and missing goods not received.
Seamlessly works with other IndiCater modules such as StORM, Employment and Hospitality Ordering.
All of IndiCater’s modules and tools are built to work together, providing a complete trading platform for your business. Clients usually start with a module that addresses an aspect of their business that requires close control and monitoring, Finance and Profit Management for example.
Addition modules are usually added as business needs dictate and employees become relaxed and familiar with using the platform.
Creating a virtual office
Led by former Mitchells & Butler executive Chris Gerard, Innventure was established in 2013 and operate 6 pub properties, each run by a Managing Partner. From the outset, Chris sought to decentralise the administration of the pub group, supporting each Managing Partner with the tools and technology required to operate on a stand-alone basis, without the need for a costly central head office function.
Innventure have successfully decentralised the management of key processes across the group, providing Managing Partners with access to IndiCater’s online back-office applications. Using several modules, combined with IndiCaters ability to integrate with seven other software applications used across the estate, Innventure has successfully created a stand-alone virtual office. The positive impact of the project has now presented an opportunity for Innventure to consider franchising this innovative model.
Want to know more?
Contact us to speak to a representative or to book a demonstration.