Global Shared Services, has unveiled a new strategic partnership with Jedox that will aim to bring Fortune 100-level financial planning capabilities to the restaurant industry.
The firm provides outsourced financial and accounting services to restaurant businesses in the US and handles a variety of financial and accounting services from standardized bookkeeping tasks, to back-office technology consulting, to predictive analytics and support in the CFO’s office.
As part of the partnership, the firm will build brand-specific portals within Jedox, connected to clients’ General Ledgers, Above Store Reporting, and Inventory systems, allowing restaurant businesses to access all of their financial data in one place with reporting built in.
Will Fleming, president at Global Shared Services, said: “This partnership will transform financial data aggregation processes in the restaurant industry by making the dream a reality: all data in one place, without manual entry, so that budgeting and forecasting become functional processes.
“This is a higher level of planning and analysis than what’s been available to restaurants before.”
Dr. Liran Edelist, president, Jedox, added: “We are excited to be adding Global Shared Services to our global partner network to provide even more flexible and scalable planning solutions to the restaurant industry.”