Grind, which operates a group of café-bars and restaurants across London, has taken on a new eProcurement technology specialist in the hope of increasing control on its kitchen waste and costs as it grows.
Caternet is supplying the service which will see Grind using the live priced recipe and live stock reporting functions within the system to generate accurate margin control of recipes and to keep tighter control on inventory and wastage.
It will also benefit from live price control intelligence and accurate reporting, freeing up time spent on paperwork and leaving the team to focus on service and brand values.
The service from Caternet also includes its online ‘clean invoicing’ – a relatively new concept which streamlines the invoicing process further by removing the need for credit notes.
Dan Sherfield, finance director at Grind commented: “Our business is growing rapidly and we needed an automated system that could reduce the level of human intervention and capture and analyse accurate data, which then flows directly into finance reporting to support our forecasting and growth.
“Controlling live costs is also vital in line with our growth strategy. Caternet stood out against its competitors because the team believe in qualifying the right fit as partners, rather than simply trying to sell their solution, which was our experience of dealing with larger firms. The mobilisation alone has shown that we have made the right decision.”
The company has claimed that the Caternet system will save its finance team at least 40 hours per month in time.
Mark Sanders, sales director at Caternet commented: “We are delighted to be working with the team at Grind, it’s great to be ahead of the curve with technology and to be able to show businesses that there is a better way to save time and money and operate more efficiently.”