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

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