ORLA Members Benefits

My Accounting Team offers an array of benefits to the Restaurant and Lodging industry who have never before had reasonable access to systems and resources that provide insights, security, controls and peace of mind. We lead the way by embracing the power of technology and coupling it with an unparalleled level of expertise.

My Accounting Team
is an ORLA Hospitality Partner!

dining room
restuarant

Real Time Access to Financial Data

Anywhere, Any Time, Any Device
The power of this is enormous. Allowing you to manage your company both effectively and efficiently. Manage vendors, pay contractors and stay focused on what you do best.

Expert Advice – CFO and Controller Level Oversight

We have expertise in all areas of finance, accounting, bookkeeping and business strategy. Your financials have Controller level oversight and will be accompanied by a monthly CFO review that includes strategic planning.

No up Front Costs – Free POS Integration

Yes, you read this correct. We will set you up – migrate your data
and implement best practices and process improvements along
the way.

Insights and Reporting – We Specialize in Slicing and Dicing

At My Accounting Team we slice and dice the data however clients want to see it. We provide customized dashboards tailored to your needs allowing you to see all your important metrics at a glance.

Compliant (GAAP) – Audit Ready Financials

Our biggest advocates are CPAs. We make their life easy at Tax time and Audit time, by delivering detailed and accurate information. Less time on the CPA’s clock results in financial savings for you. We are GAAP compliant, and use the only AICPA (American Institute of Certified Public Accountants) endorsed accounting software available in the industry.

Controls – Separation of Duties

We provide you with the strictest controls available to minimize risk. Embezzlement and fraud are words that no one wants to speak, but it is an unfortunate reality. One in five small businesses are embezzled with an average loss of $100,000.

ORLA Package Includes Custom Reports and Metric Data

Trend Analysis: change vs. prior period vs. same period prior year

  • Prime Cost (Labor, Food and Beverage)
  • Rent, Utilities, and Property Maintenance

Cash Cushion

Every ORLA member has a cash cycle. Cash will rise just prior to paying major bills and fall just after. MAT adjusts for these cycles.

Seasonality

Revenue vs. same period last year

Business Valuation

MAT will include several measures often used to assess business value

Annual Budget/Forecast

MAT develops a monthly budget for the year and updates that budget with actuals as each month rolls and integrates this with the client’s tax plan.

Borrowing Capacity

MAT will grade a business from one to five based on likely outcomes. Using an algorithm developed with bankers based on nine key factors, MAT assesses and updates the “bankability” of the restaurant or chain on a scale of one to five.

Sample Dashboard Components
dashboard components

Solution Benefits