When working to challenging budgetary and/or profit driven targets visibility of performance across multi-location estates is of paramount importance. Saffron Trading has been developed to offer organisations an efficient process to implement a revenue and cost management structure across your estate with configurable processes ranging from capture of headline trading data through to complete line by line accounting.
3rd Party System Integration
Unlimited Estate Profiling
Central configuration enables standard operating procedures, such as supplier management, to be implemented across the entire organisation whilst offering the ability to reflect the operating profile of individual sites for example where the service is for example provided via franchisees or there are specific contractual arrangements.
Revenue sheets capture all income and cash movement whether physical cash, cashless system or card-based income, complemented with detailed sales analysis inc. credit sales, cash in hand and banking audits.
Flexible configuration enables the recording of expenditure and stock holding to be achieved through Saffron Purchase to Pay or manually entered under nominated cost codes, whilst stock movement into and out of the site can be managed within a defined group of sites.
From a financial management perspective Saffron Trading would be configured to reflect your accounting year (calendar months, 13×4 week or 4/4/5 periods) with a multi-level approvals hierarchy that ensures data accuracy before committing to your finance system.
Configurable trading reports are provided at site level whilst key stake holders receive key performance reports automatically via email or, when used in conjunction with Saffron Analytics, through their own dashboard which highlights variations from KPI’s as these occur.
Improve data accuracy with managed sign off processes
Identify operational performance against KPI/budgets
Operational reporting that reflects your own team
Present performance in visual dashboards
Improve efficiency with single data entry
Capture purchasing data through Saffron P2P
Manage menu offer by client, brand, service or budget
“The support provided by FDH made a significant impact in easing the pressure on catering managers. The opportunity to monitor nutritional performance across the district simultaneously, rather than exhausting resources and staff conducting weekly analysis at each school site, has enabled us to continue improving our catering facilities within budget, and greatly contributes to the…Read More