Outmin Case Studies: Parklife Cafe and Pi Pizza
Running a restaurant or cafe in Ireland comes with a unique set of challenges. Owners often have a lot on their plates: keeping their books in order, paying taxes, following regulations and staying compliant, in addition to tracking cash flow.
It’s a lot to handle, especially when trying to maintain an exceptional customer experience and dealing with day-to-day responsibilities. However, this is where Outmin steps in to make their lives a bit easier.
Outmin provides a financial management solution where restaurant owners can focus on the areas of the business they love the most. In this article, we’ll take a look at how Outmin partnered with Parklife Cafe and Pi Pizza in Dublin to transform their finances – saving them time, money, and headaches.
PI Pizza’s Financial U-Turn: How Outmin Slashed Costs
In the heart of Dublin City Centre is PI Pizza – offering customers mouthwatering wood-fired pizzas made with the freshest ingredients. While the pizzas were a hit with customers, owner John Savage ran into issues when it came to reporting finances.
They had tried everything. They used Xero accounting software, hired accountants and bookkeepers, and a plethora of other apps to no avail. They couldn’t find a financial reporting solution that worked for them without spending a tremendous amount of time each week.
They also spent an exorbitant amount each month on their financial and administration tasks. Plus, gathering all the documentation needed for accurate financial reporting was a headache.
And these issues would only compound now that PI was looking to expand to other locations. They turned to Outmin to help alleviate their financial stresses.
The first issue was that they would manually input data throughout the month at different times. It’s not only time-consuming, but this method is also prone to human error!
We provided PI with a solution that automatically keeps track of the business finances, including bank accounts, POS, purchasing, and time & attendance.
Now, John can see the financial health of his business at a glance! His company reduced costs by 66% (when comparing Outmin to previous solutions). And we saved them 10 hours every month – time they can now use to create better customer experiences (and even more delicious pizza)!
Plus, with our financial management solution, PI is ready to expand into new areas, knowing they can easily hook up each new location to our system.
Here’s what John shared when asked about his Outmin experience:
“I was surprised at how straightforward the on-boarding process was, I just gave the Outmin team the access they required and they did everything in less than a week. I’d recommend Outmin to any hospitality business owner.” – John Savage, Owner of Pi Pizza
Turning Parklife Cafe’s Financial Woes into a Breeze
Located in Harold’s Cross, Parklife was started by food lovers Shaun and Carrie. Over time, Parklife has become a staple in the community, serving delicious coffee in a warm, inviting environment.
However, there was an issue working with the accountant they had from the start. It was difficult to get updates on the business finances, so they never knew what was going on or the financial health of their business.
They decided to take matters into their own hands and started doing the bookkeeping on their own. But, between running the business and keeping customers happy, they needed help to get a clear picture of finances.
Plus, they also wanted to become a limited company. Again, the accountant they had wasn’t there when they needed him.
That’s when they turned to Outmin. Our team visited the cafe and sat down with Shaun and Carrie to get a better understanding of their business, goals, and current situation. Then, we explained how Outmin can be the solution they’ve been looking for.
First, we connected their accounts to our system so we could automatically retrieve their day-to-day transactions.
We reached out to Parklife suppliers to inform them of the change to Outmin and provided them with contact information for future billing questions or concerns. The suppliers could then send all paperwork and invoices directly to Outmin for smoother transactions.
And in the process, we also helped transition Parklife to a limited company!
All-in-all, we helped Shaun and Carrie save time and money, gave them financial peace of mind, and provided them with complete financial visibility.
Now, they can continue to focus on what they do best: brewing great coffee and providing a space for the community.
Here’s what they had to say after partnering with Outmin:
“It’s like having a finance team working in the background who I can chat to at any time. I can now spend more time on more productive activities like making sure we deliver the best possible experience for all of our guests.” – Shaun and Carrie, Parklife Cafe Owners
Power Up Your Restaurant with Outmin’s Game-Changing Solution
Outmin provides a digital-first, all-in-one financial solution that integrates seamlessly with your business. Whether it’s taxes, regulations, or looking for areas to save costs, Outmin can help.
However, we take things to the next level, so you never have to worry. We automatically collect everything from transactions to time-sheets. We also connect with your suppliers to take care of bookkeeping and data entry, payroll, VAT, year-end accounts, and more.
In these trying times with rising inflation and supply chain disruptions, we provide a solution that meets your business where it is and takes it to where you want it to be.
Our experts keep their fingers on the pulse of the hospitality industry to monitor market trends, all to provide SMEs with the tools and knowledge to make data-driven decisions, enabling proactive cost management while safeguarding profitability and product quality.
How Outmin Is Turning Goals into Tangible Business Triumphs
With a service like Outmin, there are real, tangible results. If we look at Parklife and PI Pizza, we can draw some similarities in the results:
First, financial transparency gives them a clear picture of the money coming in and going out in real time. This is vital as other accountants may use a back-dating approach, which can leave you blindsided by issues that happened months ago.
Then there is the time and money saved. Outmin has a team of experts across various industries, so we know the most effective and cost-saving methods to help you meet your financial goals. Plus, with the extra time on your hands, you can dedicate that effort to growing your business.
Finally, we offer meaningful insights based on the financial information provided. With this info, you can make data-backed decisions for the future of your business.
Whether you need general bookkeeping or more advanced financial advisory services, Outmin provides a tailored solution so you can stay on top of your business’s financial health – at a fraction of the cost of other solutions.
Let Outmin handle the finance side of your hospitality business, and you can focus on making it great!
Contact Outmin for a free consultation.
Website: www.outmin.io
Phone: 01 572 6600
Email: sales@outmin.io
