Administrative
Costs down 25%
Expanded from 1 brand with 2 locations to 4 brands across 6 locations
The Situation
A. Ray Hospitality operates several casual restaurants and bars. Before engaging Compass East the restaurant group was successful, operating two locations of its first brand. However, financial reporting was slow and cumbersome – taking up to 90 days to close, resulting in inefficient use of management’s time and energy, limiting opportunities for growth and development.
The Result
Since engaging with Compass East and gaining access to faster weekly reporting turnarounds, this hospitality company has reduced administrative time and costs by more than 25% and expanded to four brands across six locations with continued growth set for the future.
“Compass East’s quick feedback process gave our leadership team visibility into our finances and freed our location managers to do what they do best, and do more of it.”
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