Restaurant Owners Don't Know They're Overspending This Much скачать в хорошем качестве

Restaurant Owners Don't Know They're Overspending This Much

In this episode of the Restaurant Technology Guys podcast, Jeremy Julian interviews Eric Steele, Chief Revenue Officer at SIB, about the importance of cost reduction in the restaurant industry. They discuss the challenges of managing expenses, the role of AI in spend management, and the significance of tracking contracts and invoices. Eric shares insights on identifying anomalies in spending, engaging with vendors, and the impact of non-core costs. The conversation also covers waste management, the onboarding process for clients, and the importance of benchmarking in vendor negotiations. Eric emphasizes the value of their tool, SpendBrain, in helping restaurants save money and improve their financial operations. 00:00 Introduction to Cost Reduction in Restaurants 03:02 Understanding Spend Management and AI Solutions 05:39 The Importance of Anomaly Detection in Cost Savings 08:32 Overcoming Common Objections in Cost Management 11:20 Identifying Hidden Costs and Vendor Relationships 14:19 Engagement Process with Clients 16:55 Exploring Non-Core Costs and Their Impact 19:33 The Role of Waste Management in Cost Reduction 22:28 Client Engagement and Onboarding Process 25:17 Benchmarking and Data Privacy in Cost Management 28:05 Conclusion and Future of Spend Intelligence Connect with Us: Website: https://restauranttechnologyguys.com/ Twitter: https://x.com/RestTechGuys Facebook:   / restauranttechnologyguys   LinkedIn:   / the-restaurant-technology-guys   Disclaimer: The views and opinions expressed in this podcast are those of the guests and do not necessarily reflect the official policy or position of the Restaurant Technology Guys Podcast.