Property level results consolidated into one group view.
Restaurant groups, hotels and venue operators run each property as its own business and still need a single consolidated picture. Nexus keeps property ledgers, food cost and group consolidation in one platform.
Pain Point Solved
What this retires.
A workbook per property and a week to close the group.
Slow group consolidation
Each property is a legal entity that rolls into group statements automatically, with intercompany positions eliminated on the way.
Drifting food and beverage cost
Recipe level costing against received invoice prices keeps theoretical and actual cost comparable week over week.
Fragmented labor cost
Scheduling hours, overtime and payroll post to the property that consumed them, so labor percentage is a live figure.
Feature Mapping
How a property closes its period.
Purchasing through consolidated statements.
Purchasing and receiving
Vendor invoices receive against the property with unit pricing captured for recipe costing.
Consumption and inventory
Counts and usage post cost of goods against the property, with variance surfaced as an event.
Labor and payroll
Hours and overtime run through payroll and post as labor cost to the same property ledger.
Group rollup
Property statements consolidate into group reporting with drill-down to the originating entry.
Consolidate two properties before lunch.
Provision a workspace, define an entity hierarchy and produce group statements.