Restaurants
November 24, 2021

It’s Going To Be The Most Expensive Thanksgiving In History

by

Surbhi Kapoor & John Cho

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Plate IQ
Country Clubs
November 16, 2021

14 Country Club Management Tips: How To Tend The Operations Flag

Looking for expert tips on running a golf course efficiently? This article has creative ideas for running a golf course like a pro.

Bill Pay

Why Restaurants Are Paying Vendors with Digital Payments

With an automated AP system, you can use the same platform to send digital payments to vendors and provide even more efficiencies to your business.

Country Clubs

10 Country Club Event Ideas To Liven Up Your Social Scene

Need some creative country club event ideas? Check out these 10 country club event ideas to bring your club to life!

Plate IQ

Catching Credit Invoices With Deep Learning

At Plate IQ we help our customers streamline their back office and Accounts Payable operations by automating their invoice processing. Here's a look at how it works.

Plate IQ
October 19, 2021

Powering Invoice & Bill Pay Automation for NetSuite

Plate IQ’s capabilities are set to transform invoices and bill payments for Oracle NetSuite customers in hospitality, retail, manufacturing, and more.

Bill Pay

3 Best Ways to Pay Vendors: vCard vs. ACH vs. Check

Wondering which is the best way to pay your vendors? This guide shows you how vCards can save you time and money in your vendor payment process.

Restaurants
November 22, 2021

It’s Going To Be The Most Expensive Thanksgiving In History

With everything from aluminum pans to whole turkeys getting more expensive, this year's Thanksgiving might turn out to be the most expensive yet. We take a look at price trends to break it down for you. In short: Stock up on canned pumpkin.

Restaurants
July 9, 2021

50 Statistics to Know about COVID-19's Impact on the Hospitality Industry

A timeline of more than 50 different statistics from food, beverage, and hotel businesses to paint a picture of just how much has changed across the course of the pandemic.

Restaurants

Drive Traffic and Gain Loyal Customers with These Easy Restaurant Marketing Tips

A quick-start guide to driving more customers and developing long-term relationships with them through social media.

Restaurants

The Do's and Don'ts of Selling Restaurant Gift Cards

Gift cards are great for restaurants that need cash. Before you launch a program, learn with the do's and don'ts of investing in this revenue stream.

Restaurants

5 Surprising Ways Restaurant Accounting Affects the Guest Experience

Discover the 5 ways your bookkeeping affects your guests and use these restaurant accounting tips to ensure you have the best possible customer experience.

Restaurants

Restaurant Food Cost: What to Watch For and How to Control It

Food costs are one of a restaurant's biggest expenses. Learn the 3 biggest factors on restaurant food costs—and how to control them—in this article.

Restaurants

Restaurant Accounting Software & Solutions

Confused about restaurant accounting software and need to know more? This article covers all the info you need, plus solutions to make your decision.

Restaurants

A Quick-Start Guide to Restaurant Financial Statements

Getting started with restaurant finances? Here’s what you need to know about restaurant financial statements — including free templates for reference.

Restaurants

The Gloves Are Off The Charts

Powered by Plate IQ Insights, drastic price changes are seen in plastic gloves- an essential item for essential businesses.

Restaurants

5 Tips to Control and Conquer Fluctuating Restaurant Costs

Running a restaurant involves a constant torrent of variable costs. Here’s how to control and manage these unpredictable costs.

Restaurants

Restaurant Bookkeeping vs. CPA Services: What You Need to Know

Stuck between hiring a bookkeeper or CPA? Here's what you need to know in order to decide whether either one is right for your restaurant.

Restaurants

Restaurant EDI: What Is It, and Why Is It So Important for Operators to Have?

EDI can drastically reduce the amount of paper that changes hands in transactions—and the human error inherent to the process.

Restaurants

The Building Blocks of Operational Excellence

How restaurants can attain a high level of "operational excellence" with operations that are proactive, communicative, and consistent.

Restaurants

How To Engage Vendors And Drive Better Pricing For Your Restaurant

There's only one thing better than happy vendors: vendors who are engaged in the relationship. Here’s how to create better vendors for your restaurant.

Restaurants

5 Accounting Errors Restaurant Owners Should Avoid 

For many restaurant operators, managing the accounts payable process can be one of the most time-consuming, and least rewarding, parts of the job. Thankfully, the most common accounting errors in restaurants are easily avoidable.

Restaurants

5 Tips for Finding the Right Restaurant Invoice Software

As your restaurant researches invoice software, use these 5 tips to pick the right solution for your business and your tech stack.

Restaurants

The Impact Of Covid-19 Is Catching Up To Ketchup

In this month’s taste of data we look how restaurants pivoting their strategy during COVID-19 are affecting cost volatility on a mainstay of dining-out: Ketchup

Restaurants

The New Restaurant Tech Stack: When To Invest in New Software

Upgrading your way of doing business can seem daunting, but oftentimes it’s worth it. Here’s how to tell when the time has come to upgrade your operations.

Restaurants
March 2, 2021

COVID-19's Impact on Restaurant Food Cost Volatility Has Just Started

A less-known impact of COVID-19 is its effect on food costs. We take a look at our own data to show how supply chains and by extension, food cost volatility are affected.

Restaurants

How To Pick The Right Restaurant Tech Stack

In a sea of choices, picking the right restaurant tech stack can be hard. In this article, we suggest a framework to help you decide.

Restaurants

The New Restaurant Tech Stack: An Introduction

The modern restaurant tech stack is flexible, specialized, and integrated. Here’s a breakdown of what that stack looks like and what you should prioritize. 

Restaurants

How To Calculate Recipe (Or Plate) Costs And Engineer Your Restaurant Menu

Understanding how to accurately calculate your plate costs is the first step in menu engineering and managing food costs. We lay it out all for you in this article

Restaurants

5 Food Procurement Tips For Your Restaurant

Procuring goods from vendors is an essential function of every foodservice operation. Here’s some tips to help operators source better.

Restaurants

Skip The Cash: How Restaurants Are Moving To Digital Tip Disbursements

As restaurants shift towards contact-less payment, digital tip disbursements is emerging as a popular solution to pay employee tips at shift-end, instead of payday.

Restaurants

The Restaurant Operator’s Introduction to Vendor Relationship Management

Picking the right vendor can be a challenge for new restaurateurs. Here’s some strategies seasoned operators use to build profitable relationships with vendors

Restaurants

Why Restaurant AP is Different

Lots of businesses receive invoices. But with the sheer complexity and volume of invoices, the problem restaurant operators face is unique.

Restaurants

5 Ways to Enhance Your ROI With Social Media and Technology (PlateIQ + Godaddy Social Webinar)

GoDaddy Social and Plate IQ have teamed up to offer insights you wouldn’t necessarily expect from our two companies. How does accounts payable automation even vaguely correspond with building a customer experience? Not an altogether obvious correlation, right?

Restaurants

La Boulangerie’s $2.75 Pizza is Great for Consumers, but Does the Restaurant Get a Piece of the Pie?

Earlier this week, the popular San Francisco chain La Boulangerie launched an innovative and admirable new pizza concept, charging customers only $2.75 for an entire pizza – talk about a bargain! While providing delicious, organic food at an affordable price is certainly commendable, we wondered, is La Boulangerie eating its own margin?

Restaurants

7 Ways To Optimize Your Restaurant Accounting

For many restaurant operators, managing the accounts payable process can be one of the most time-consuming, and least rewarding, parts of the job. On top of this — perhaps in part because of this — restaurant accounting often is fraught with human error.

Accounting

How Plate IQ Supports End-to-End AP Automation

Use Plate IQ to support end-to-end AP automation at your restaurant business, from digitizing to approving, reconciling, and paying off invoices. 

Accounting

How to Ace Your Accounts Payable Audit with AP Automation

Want to learn how to make your next accounts payable audit easier? This guide gives you everything you need to know.

Accounting

How to Take Your Entire Restaurant AP Team Remote

Here’s how restaurant operators can maintain business continuity with the staff they don’t need on-site.

Accounting

How To Market Your Accounting Firm To Restaurants

Knowing your audience is key to any great marketing plan. Here's what accounting firms need to know before approaching the lucrative restaurant industry.

Accounting
August 5, 2021

The Unique Opportunity For Accounting Firms To Help Restaurants

Coming out of Covid, restaurants are in the market for expertise and insight that they weren’t before. Accounting firms can supply it.

Accounting

How to Switch to Paperless Accounts Payable in 5 Easy Steps

Ready to transition to paperless accounts payable? See how you can seamlessly move to a smart, digital AP system.

Accounting
May 4, 2021

Why Third-Party Accounting Firms Should Own Business Intelligence

Corporations have been turning the CFO role into an in-house strategist for years. Here’s how small-business accounting firms can do the same.

Accounting

How to Use And Optimize QuickBooks for Restaurant Accounting

Here’s how you can set up and drive the most value from QuickBooks, the most popular accounting software for restaurants in the US.

Accounting

AP Middleware: The New Hero of Business Continuity

How enterprise companies are reshaping AP more effectively with small, targeted software than with all-in-one solutions alone.

Accounting

The A to Z of Accounts Payables, Explained

Being unaware of common AP terms and acronyms can be a barrier to new operators. In this article we list and explain common terms in Accounting and Accounts Payable

Accounting

What is Accounts Payable Automation?

AP Automation is the use of software to capture, process and pay invoices that an organization has received from vendors without requiring manual intervention.

Accounting

The True Cost Of Paper Invoices

Is your business growth held back by hundreds of tiny costs? A major source of hidden costs is manually processing invoices and sending paper checks. Here's why.

Accounting

How AP Professionals Can Overcome Objections to Accounts Payable Automation

We look at some ways in which AP leaders could overcome organizational inertia and resistance to streamlining Accounts Payable processes with automation. 

Accounting

The Business Operator’s Introduction to EDI

Electronic data interchange (EDI) is a powerful way to replace paper-based work with a seamless, secure data exchange. Here’s how it can help your business.

Accounting

From Clay Tokens to Artificial Intelligence: A History of the Invoice

It’s the basis of accounts payable and probably writing itself. And like all beautiful things, it has a history.

Accounting

Sifting Through Technology: Best Practices for Efficient AP Automation

To the business operator trying to sort through the crowded market for accounting automation, there are many questions about what to prioritize and how much ROI to look for. Here are some best practices.

Accounting

How to Choose the Best Accounts Payable Automation Software

There are many benefits to automating your businesses’ accounts payable process. By following some accounts payable best practices, you can improve your bottom line while freeing up valuable time to spend with your customers and food.

Accounting

Localization in Invoices

In this blog post we will explain how we do localization for invoice header fields. Examples of header fields include Invoice Number, Date, Tax and Total. Everyday we at Plate IQ process invoices from more than 60K vendors.

Accounting

How to Automate Your Accounts Payable Process

With the advent of self-pay kiosks, kitchen display systems and even Flippy, the automated hamburger-flipping robot, it’s clear that automation has arrived to the restaurant industry. And timing couldn’t be better – with intense competition and continued margin pressure...

Hotels

Sympathy for the Night Auditor: How to Get More Done at Hotels Before the Sun Rises

Night auditors are often unheralded and unseen, but they make hotel accounting go ‘round. Here’s what they do and what they need to work better.

Hotels

Hotel Accounting 101: What Every Operator Needs to Know

Hotel accounting connects departments, properties, and even revenue streams. Here’s what it involves and how to make it efficient.

Hotels

Why Hotel AP Is Different

Processing payables for a multi-location, multi-P&L business is complex. Here’s how hospitality groups are meeting the challenge.

Bill Pay

Why Restaurants Are Paying Vendors with Digital Payments

With an automated AP system, you can use the same platform to send digital payments to vendors and provide even more efficiencies to your business.

Bill Pay

3 Best Ways to Pay Vendors: vCard vs. ACH vs. Check

Wondering which is the best way to pay your vendors? This guide shows you how vCards can save you time and money in your vendor payment process.

Bill Pay

Prevent Payment Fraud With These Tips to Protect Your Business

Over 80% of organizations are targeted for payment fraud every year. Read this blog to learn how it happens—and how to protect your business against it.

Bill Pay

Protect Against Invoice Fraud with AP Automation

Here’s how you can protect your business from scams involving duplicate invoices, price inflation, fake invoices, and more.

Bill Pay

How To Automate Vendor Bill Payments

With an online bill pay service, you can pay your restaurant’s vendor bills on time and stay organized. Learn how to automate payments with Plate IQ.

Bill Pay
July 2, 2021

Plate IQ Data Shows That Digital Payments Are Here to Stay

A look at how the pandemic has ushered in a new era for accounting teams—and why the shift is here to stay.

Bill Pay
April 6, 2021

The WFH Bill Pay Ecosystem

Remote work during the pandemic has spurred an increase in digital payments. Here’s why that’s a good thing — and here to stay.

Bill Pay

How Does Cash Back On AP Spend and Vendor Bill Pay Work?

Business operators often wonder how cash back for vendor Bill Pay and AP spend works. Its simple: Vendors love getting paid faster and customers love earning rebates!

Bill Pay

How To Negotiate Lower Prices With Your Vendors

Running a restaurant is hard. Many operators face challenges when negotiating lower prices for ingredients. Here's some strategies help you negotiate better.

Virtual Cards

How To Get an Instant Virtual Debit Card for Your Business

Debit vCards protect against fraud, control spending, and enjoy the convenience of a normal card. Added bonus: you can create one in a few clicks.

Virtual Cards

What Is a Burner Card and How Can It Help Your Business?

Using a burner card for your business empowers you to pay all of your vendors without the added security risks involved with using a corporate credit card.

Virtual Cards

What Features To Look For in a Virtual Debit Card [Guide]

Is a virtual debit card right for your business? Using a virtual payment card is easy, simple, and secure. Find out if a digital card can benefit you.

Virtual Cards

Four Restaurant Expenses You Can Pay With A Corporate Expense Card

Using corporate expense cards are a great way to pay for last-minute or recurring expenses without the stress of managing a petty cash fund. Here’s how.

Virtual Cards

What Are Virtual Cards (or vCards) And Why Should Finance Teams Use Them?

Virtual cards are instantly-generated credit card numbers that are used to pay or make purchases online without exposing your card account details.

Virtual Cards

The Surprising Benefits of Virtual Card Payments in AP Automation

“Virtual Cards” are "card-less" virtual payments, which when combined with AP automation platforms, can help reduce fraud, pay vendors faster and earn rebates.

Payments

Benefits of a Corporate Debit Card for Your Restaurant

Want to know more about corporate debit cards? This article guides you on how to choose the best corporate debit card for your business.

Payments

Cuckoo for Costco: How Hospitality Businesses Can Best Utilize the Superstore

America’s favorite superstore only accepts Visa cards for in-store payments. Luckily, the Plate IQ Card has you covered.

Payments

Same Day ACH: What It Means For Your Bill Payment

In the US, our principal payment network is the ACH: a system designed for stability more than speed. Here’s what that means for your bill payment.

Payments

Paying Invoices With Checks? Try These Alternatives Instead

‍If you’re still sending out paper checks to pay invoices, here’s why a new generation of bill payment alternatives could be right for you.

Plate IQ

Catching Credit Invoices With Deep Learning

At Plate IQ we help our customers streamline their back office and Accounts Payable operations by automating their invoice processing. Here's a look at how it works.

Plate IQ
October 19, 2021

Powering Invoice & Bill Pay Automation for NetSuite

Plate IQ’s capabilities are set to transform invoices and bill payments for Oracle NetSuite customers in hospitality, retail, manufacturing, and more.

Plate IQ
August 26, 2021

Plate IQ Dishes Up Manufacturer Rebates And Cashback With Foodbuy Foodservice

This partnership leverages the collective purchasing power of Foodbuy Foodservice and Plate IQ customers to increase the benefits available to restaurant operators.

Plate IQ
August 30, 2021

Why Purchase Size Matters, And Not In The Way You Think

Bulk is better, right? Maybe not. According to Plate IQ Insights, larger doesn’t necessarily mean cheaper for a number of common restaurant goods.

Plate IQ

Always Unstoppable

Listen to Greg Alpatov, Director of Sales for Plate IQ, and Eric Cacciatore, founder of the Restaurant Unstoppable podcast, dig in on all things restaurants. From invoice automation to truly listening to what your customers want.

Plate IQ

4 Ways Technology Can Benefit Country Clubs

Country clubs handle nearly every type of invoice out there. Here are four ways that automating the AP process can lead to more centralized and prosperous country clubs.

Plate IQ

Plate IQ Is A High Performer For Payments Processing, AP Automation And Invoice Management In G2's Spring 2021 Report

Plate IQ is rated “Best-In-Class” for Return on Investment, Ease of Admin, and Speed of Implementation by G2 in their Spring 2021 report.

Plate IQ

Breaking The Accounting Daisy Chain with Parallel Export

Plate IQ’s Parallel Data Export passes data in parallel to multiple business software platforms, eliminating errors from daisy chaining multiple platforms.

Plate IQ
December 22, 2020

AP That Gives Back: Plate IQ’s 2020 In Review

Throughout this challenging year, Plate IQ focused on launching tools that help our customers preserve cash and keep the doors open.

Plate IQ

Compeat and Plate IQ Announce Strategic Partnership to Automate AP Processing for Restaurants

Compeat, the only fully integrated restaurant accounting, back office, workforce and intelligence management software, announced today a partnership with Plate IQ, a technology company that helps restaurants improve and automate their Accounts Payable (AP) processes.

Plate IQ

Plate IQ Reaches $100 Million in Payments

Plate IQ, a San Francisco-based technology company that helps restaurants improve and automate their Accounts Payable (AP) processes, announced a major operational milestone: the company has managed more than $100 million in vendor payments on behalf of clients.

Plate IQ Blog

Plate IQ is the digital solution that gives you fast, accurate,
automated accounts payable and smart, business-transforming insights.

Catching Credit Invoices With Deep Learning

At Plate IQ we help our customers streamline their back office and Accounts Payable operations by automating their invoice processing. Here's a look at how it works.

Read More

Powering Invoice & Bill Pay Automation for NetSuite

Plate IQ’s capabilities are set to transform invoices and bill payments for Oracle NetSuite customers in hospitality, retail, manufacturing, and more.

Read More

3 Best Ways to Pay Vendors: vCard vs. ACH vs. Check

Wondering which is the best way to pay your vendors? This guide shows you how vCards can save you time and money in your vendor payment process.

Read More

50 Statistics to Know about COVID-19's Impact on the Hospitality Industry

A timeline of more than 50 different statistics from food, beverage, and hotel businesses to paint a picture of just how much has changed across the course of the pandemic.

Read More

See how Plate IQ AP automation saves customers time and money.

“

When I started at Tender Greens, our AP department had three people. Today, even as our business grew from 17 to 24 locations, Plate IQ has cut our bookkeeping costs in half — and allowed us to move forward with an AP team of just one employee.

Sean Skuro
‍Controller, Tender Greens
”
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