What’s The Difference Between Accounting and KPI?
You would never use a screwdriver to hammer a nail. So why use the wrong tools to measure your restaurant’s financials?
I often see restaurant owners trying to get KPI numbers out of their accounting software or accounting numbers from their KPI dashboard. Seems right, but it’s dead wrong. You can’t put a square peg into a round hole. In order to get accurate numbers, you have to use the right tools for the job!
Must see video highlights:
0:42 – Are you using the right tools?
1:22 – Accounting vs KPIs
2:00 – Accounting: financial proof for the government
3:30 – Accounting tools weren’t meant for KPI reporting
4:15 – My favorite KPI dashboard
🔊 CLICK HERE TO LISTEN TO THE AUDIO
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