MANAGE CASH AND SALES WITH FINANCIAL MANAGEMENT

MAKE SURE EVERY PENNY IS COUNTED AND ACCOUNTED
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DEPOSIT SKIMMS DIRECTLY INTO SMART SAFES
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REPORT ON ALL CASH AND SALES KEY STATS
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INTEGRATE TO MY ACCOUNTING PLATFORM
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Cash Management and Accounting Has Never Been So Easy

One solution to handle all your cash managment, sales reporting, and accounting. Altametrics reconciles your cash drawers and server banks, records stand bank balances and prepares your bank deposits. Advanced capabilities allow you to integate directly into your smart safes.
Fast
Within seconds, uncover insights from billions of records in real-time
Simple
Meet Simon - our virtual decision making coach that guides you
Smart
Find out what happened, why it happened and what can you do about it
Actionable
Act on actionable insights and see your business grow

Stop Theft Before It Happens

Loss prevention watches your business every second, so you don't have to
account stop theft

Stop Theft Before It Happens

Loss prevention watches your business every second, so you don't have to!

Many small businesses start out with just a bare-bones accounting system that may not be optimized for the needs of your company. This can cause problems in the long run as your business grows. It is important to know what type of software your company needs before you make the decision to purchase and implement. Once you figure that out, you need to understand how secure your system is, because that is where you cannot take any risks.

In accounting, theft is versatile in nature ranging from employee theft to cyber theft. Employee theft is what your employees can do in terms of entering wrong information for a sale and finding loopholes to make money out of your business sales. Cyber theft refers to the hacking of software and mishandling of accounts.With Altametrics, users do not need to worry about such crimes because our security is super strong to detect any theft not during or after, but even before it actually happens.

To begin with, the accounting credentials and usage is totally under the control of the business owner, so you can always keep a check on who is using it and how. Altametrics allows the business owners to voluntarily put additional controls like security codes and passwords on reports and data entering, so that access to individual functions can be restricted. Further, the usage of the functions and the authority to void off transactions can be limited in terms of the number of transactions and the staff members who have that permission. For example, if you run a retail outlet and for any reason a void transaction takes place from the customer's end, then not all employees should be given the permission to carry out that transaction into the account books. This way employee thefts, especially in retail, can be prevented to a great extent.

Similarly, Altametrics takes care of your accounts from cyber thefts as well. Our accounting software has been designed and structured in a way that it has been layered with security, anti-theft software and virus protection at each stage. So, you don't have just one or two locks on your door but multiple. This is what makes breaking in close to impossible!

Cash and Sales

account cash management

Cash and Sales

Loss prevention watches your business every second, so you don't have to!

Many small businesses start out with just a bare-bones accounting system that may not be optimized for the needs of your company. This can cause problems in the long run as your business grows. It is important to know what type of software your company needs before you make the decision to purchase and implement. Once you figure that out, you need to understand how secure your system is, because that is where you cannot take any risks.

In accounting, theft is versatile in nature ranging from employee theft to cyber theft. Employee theft is what your employees can do in terms of entering wrong information for a sale and finding loopholes to make money out of your business sales. Cyber theft refers to the hacking of software and mishandling of accounts.With Altametrics, users do not need to worry about such crimes because our security is super strong to detect any theft not during or after, but even before it actually happens.

To begin with, the accounting credentials and usage is totally under the control of the business owner, so you can always keep a check on who is using it and how. Altametrics allows the business owners to voluntarily put additional controls like security codes and passwords on reports and data entering, so that access to individual functions can be restricted. Further, the usage of the functions and the authority to void off transactions can be limited in terms of the number of transactions and the staff members who have that permission. For example, if you run a retail outlet and for any reason a void transaction takes place from the customer's end, then not all employees should be given the permission to carry out that transaction into the account books. This way employee thefts, especially in retail, can be prevented to a great extent.

Similarly, Altametrics takes care of your accounts from cyber thefts as well. Our accounting software has been designed and structured in a way that it has been layered with security, anti-theft software and virus protection at each stage. So, you don't have just one or two locks on your door but multiple. This is what makes breaking in close to impossible!

Cash Office

Airtight cash and sales reconciliation from employee to satan bank.
cash office

Smart Safe

Automated cash deposit, armored car service, and reporting.
box smart safe

Cash Office

Airtight cash and sales reconciliation from employee to your account

Accounting software is an essential tool for all businesses. With financial accounting in particular, it's vital to be able to use a software program that can help you run your business effectively. No matter what type of business you have, it's important to have a business accounting program that will make your life easier and help you manage finances with ease.

Altametrics provides a highly advanced and secure feature for cash and sales reconciliation at the end of the day. Your cash sales receipts and the cash collected are sure to balance out with every daily, weekly and monthly record. For business owners who run multiple outlets or stores will understand how big a relief this feature is for managing accounts. Also, this builds the trust of the employees in the software and allows them to enjoy a stress-free work management.

Smart Safe

Automated cash deposit, armored car service, and reporting

Keep your cash safe and secure in the smart safe, which allows automatic cash deposit. Not just that, you can also receive detailed report on the cash flow, sale transaction history, currency notes available and the profit loss statement.

Whether you are starting a new business or looking to take your current business to the next level, it's absolutely necessary to have a well-organized accounting system. The Altametrics smart safe is a must for any business dealing in cash. In addition to keeping track of all your income and expenses in cash, the accounting software can help you easily manage everything from payroll to inventory and prepare detailed reports on the cash transactions held in a certain time span.

famousdaves
SUCCESS STORY
Famous Dave's

I’ve been doing this for a long time so I think one of the best things I’ve seen is restaurant accounting automation and allowing the systems to be able to help us do our job better.

Todd Miller
Todd Miller

Famous Dave’s BBQ Director of Operations

Restaurant Accounting Case Study

My name is Todd Miller, director of operations for Famous Dave’s BBQ. I’ve actually been involved with Altametrics for 12 years now. So the restaurant accounting operations, the smart safe has really allowed us to be able to control from every level. From theft, to be able to control what would happen from inside our operations for productivity.

My managers throughout shift basically take the cash every single day. They deposit it into the safe which then gets locked up permanently so they can turn around and not have to worry about that money ever again. They do put it in the POS, then put it in the smartsafe but then it allows them to carry it off to the back of the house. Then at the end of the night be much more productive.

My area directors would take a bunch of different paperwork and things to the actual support center. This has now allowed them to not have to worry about that. It has really helped us out to be able to work from top to bottom to be productive as a company. So at the beginning of the day, my opening managers actually come in and start to work with the smart safe restaurant software so they can actually set up their POS systems and their drawers. They’re much more efficient and allows them to be able to move on to restaurant accounting when they’re done. My managers at the end of the day would have normally counted a bunch of cash and did what they need to do with reports and different restaurant accounting on the POS. Now they basically go get what comes out of the POS, validate it with what’s in the smart system. That allows us to be able to reconcile and then they’re done. They actually can get up and be more productive in operations and do what they need to at the end of the day. They save themselves a tremendous amount of time.

Here’s the irony, if I were to tell my managers that we were getting rid of Altametrics restaurant software and we were not going to use their platforms anymore. I’d have to run for the hills. They absolutely know that it allows them to be much more productive, speeds up their day and allows them to be efficient. I could never get rid of it. I’ve been doing this for a long time so I think one of the best things I’ve seen is restaurant accounting automation and allowing the systems to be able to help us do our job better. To make things more efficient, because there’s so much turnover and because it’s human nature, there’s opportunity for mistake and/or theft. This has truly allowed us to become successful from top to bottom.

Accounting Integrations
sage
microsoft great plains
jdedwards
people soft
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oracle financial services
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quickbooks logo
five guys logo
SUCCESS STORY
Five Guys

We’ve never seen a restaurant accounting software handle so many locations, so many reports, so fast.

zerrick pearson
Zerrick Pearson

Five Guys Vice President of Information Technology

Business Intelligence Case Study

In looking at a host of products, it was simply the best performer in restaurant accounting. The speed at which they handle the enterprise level business intelligence needs of five guys, everyone here was just blown away.

We’ve never seen a restaurant accounting software handle so many locations, so many reports, so fast. For us, it’s like a utility knife right? My finance teams can use it, my purchasing teams can use it, my workforce management teams can use it, my ops teams can use it, my training teams can use it. We’re also putting in some data around our secret shopper program and customer service as well. So, for us, we are able to put all restaurant accounting from all aspects of our business into our restaurant software and find corollaries where we didn’t know they existed before. There’s no part of our business that does not use the restaurant software both domestically and globally. Being able to handle exchange rates, especially being able to customize the restaurant software to fit your needs. Meaning in the US I can choose to see all sales across all products across all countries in US dollars. But the Netherlands team can opt to see it in Euros right? My Hong Kong team can opt to see all their business intelligence reporting in US dollars and that reporting is done on the fly to make it very valuable for the team in that market.

I’ve never seen a restaurant accounting software be so flexible and we’re just thrilled for how it works for us. So Altametrics workforce management software and delivery, it’s been critical for us being able to absorb and understand how deliveries impacted our business. Delivery has been a big disruptor in the food service industry in the US as a whole. We’re trailing the rest of the world because this happened globally many years ago, but being able to see, to download the details at the store level, area level, regional level and then being able to break it out by vendor. It allows us to be very very nimble in the decisions we make and how we run the business.

We can train most folks to use the restaurant software within about two to three minutes and from there they just run with it right? There’s not a very steep learning curve so by playing it across the enterprise was very very easy for us. So we were very pleasantly surprised at how fast folks picked up and gained value from the tool across the organization.

As we grow we keep finding new things that we didn’t know that it could do for us right? We’re looking at other restaurant software or other tools to sort of supplement it. They said no, it can do it. Here’s a business intelligence report, let me show you, right? So we’re always happy with some of the new things popping up in the restaurant software and it’s just become critical for everything that we do.

I’ve actually been in board meetings and some will bring up, well I wonder what you do if you know some factor or some question regarding sales or product mix. I can simply pull out my phone and pull the business intelligence up right there in the meeting and I’ll get hey were did you get that from and how did you get that so quickly. Yeah, it makes me look good. We’re actually not yet using all that the restaurant software can do, but that’s more on us than Altametrics. It’s just a fantastic restaurant software for business intelligence, I’ve got nothing bad to say about it.

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Frequently Asked Questions

What type of accounting do restaurants use?
Accounting is a very important part of running a business. It's the backbone for making decisions, keeping detailed records, and planning your future. Even restaurants need to use an accounting system to help them keep track of their finances, manage inventory, and track customer billing. In this blog post, we're going to take a look at some different types of accounting used in restaurants. From cash-based accounting to accrual-based accounting, we'll reveal what makes each type unique and successful.
What is restaurant accounting software?
Accounting software helps businesses manage and track their financial transactions. It is used to record and process accounting procedures such as accounts payable and receivable, payroll, invoices, and inventory. Running a successful restaurant has a seemingly endless array of moving parts, and finding the right software helps automate some of them, keep up with tax laws and deadlines, and avoid fines.
What is the best accounting method for a restaurant?
Accounting is the process of recording, analyzing and summarizing financial transactions. It's important for business owners to account their income and expenses in order to stay aware of their company's finances. Different methods exist for accounting a restaurant, but one that is most common is the cash accounting method.

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