Industry profile: Benefits of Outsourcing
Outsourcing Solutions for the restaurant and hospitality industries

Restaurant and hospitality companies committed to long-term profitability are looking closely at their administrative and business process functions. By outsourcing their back-office functions to Core3, company executives are able to reduce overhead, improve focus, increase efficiency and gain insight into their business. Restaurant and hospitality companies who outsource their back office functions to Core3 are freed from the increasing regulatory, internal control and other tactical issues associated with these business processes. They can then focus on optimizing their business operations. Core3's business process outsourcing solutions include:

• Financial Reporting
• General Accounting
• A/P Processing
• Sales Audit Support
• Fixed Asset Accounting
• Cash Management
• Payroll Processing
• Benefits Administration
• Application Hosting
• Point-of-Sale (POS) Polling
• POS Equipment Maintenance
• Help Desk Support

Core3's experienced team, technology and offshore delivery capability allows Core3 to serve the specific needs of companies in the restaurant and hospitality industry. Core3 can also address concerns related to data security and back-up and disaster avoidance. Core3 can customize key performance indicators and reporting tools including:

• Sales by brand, industry segment, category and meal
• Actual versus budgeted on revenue and expense lines
• Unit level or regional profitability rankings
• Payroll, employee turnover and labor utilization
• Same store sales and profitability comparisons
• Measurements by front of house and back of house

Company executives can access real-time financial and operational reports through our secure web-based CoreAccess^SM  client portal. Core3 is also able to deploy leading accounting software and human resources and payroll software as part of our outsourcing engagements, typically with no capital investment. CoreAccess^SM , hosted by Core3, provides executives with real-time financial and operational reporting to provide insight for timely decision making to manage and grow their business.