The MAT Experience with CFO, Bruce Lange

Bruce Lange & the MAT Experience

The genesis of MAT started with a conversation between Bruce and COO Roger Borek. They both had backgrounds in accounting but were working for large corporations; Bruce was a treasurer at Oracle, and Roger sold enterprise planning software at Microsoft. As their conversation progressed, they realized that large corporations were making skillful use of planning […]

Who Can Most Benefit from Outsourced Accounting?

Part 1: Hospitality Outsourced Accounting for the Hospitality Industry (Pt. 1) “My Accounting Team” (or MAT for short) provides the highest level of outsourced accounting services to companies of every type. In this blog series, we would like to articulate a few of the industries we have found benefit the most from outsourcing their accounting […]

Accountants Love Months: The Hospitality Industry Shouldn’t

  The Gregorian calendar has been around since 1582. Even then, there was controversy. Some parts of the world waited four centuries to adopt the new calendar.    To Fiscal or Not to Fiscal It now seems quite natural that we’d split our fiscal years into these same 12 months of the year. But this […]

How Standard Costing Helps Increase Restaurant Profitability

Have you ever wished for a magic tool that forecasts costs and profit—and predicts the future? Since time travel doesn’t exist, there is no instant fix. But restaurants do have an incredibly powerful tool for looking ahead that’s underused: Standard Costing.   You’re probably familiar with the importance of COGS (Cost of Goods Sold). Industry […]