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Nexin is a secure virtual bookkeeping platform tailored for the restaurant industry. By combining automation with a dedicated team of professional bookkeepers, Nexin ensures that financial records are current and provides performance insights to streamline business operations. The platform focuses on maintaining up-to-date bookkeeping, offering both automated services and DIY packages for those preferring in-house management.
Nexin simplifies the complexities of restaurant management with its 7-day business philosophy, focusing on key financial metrics such as sales, cost of goods sold (COGS), and payroll. This approach involves repetitive weekly routines to monitor and adjust these “Prime Numbers,” ultimately aiming to boost profitability through detailed reports and regular reconciliations. Key services include bank and credit card reconciliations, vendor paid reports, and inventory management, all designed to provide comprehensive financial oversight.
Furthermore, Nexin addresses common pain points in restaurant management, such as manual data entry, check writing, and invoice scanning, by automating these tasks. The platform facilitates seamless B2B vendor relations, ACH bill payments, paperless invoicing, and bulk purchase orders. Its features are specifically designed to cater to the unique needs of the restaurant industry, ensuring efficient and secure bookkeeping practices.
Key Capabilities of Nexin:
Automated Bookkeeping: Combines automation with professional bookkeeping to keep financial records current and provide performance insights.
7-Day Business Philosophy: Focuses on key financial metrics with repetitive weekly routines to boost profitability.
Automation of Manual Tasks: Simplifies data entry, check writing, invoice scanning, and more to streamline operations.
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