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Industry insights and trends
Unlock clarity and control: Discover the power of Virgate Scorecard our Finance Assessment
Published: 10th Apr 25 Categories: Data Driven Decisions, Hospitality In today’s hyper-competitive world, gut instinct is no longer enough. Whether you run a boutique spa, manage a buzzing pub, or oversee a chain of restaurants, making decisions based on guesswork can...
5 Ways Professional Services Firms Can Save Time with Outsourced Accounting
Published: 3rd Apr 25 Categories: Finance, Outsourced Accounting, payroll management The Balancing Act: Managing Finances in Professional ServicesRunning a professional services firm comes with its fair share of challenges. From keeping clients happy to meeting...
The Future of Remote Finance Teams: Trends and Tools in 2025
Published: 20th Mar 25 Categories: Finance, Hospitality, Pub Operations, Restaurant Operations Remote work has gone from being an experimental perk to becoming the new norm for many businesses. While finance teams were once tethered to office desktops and double...
Future-Proofing Workforce Costs in Hospitality: A Recipe for Success
Published: 18th Feb 25 Categories: Costs, Hospitality, Profitability, Workforce Hospitality is one of the most dynamic industries, brimming with energy, charm, and, let’s be honest, more chaos than a kitchen during dinner service. Yet behind the smiles of concierge...
Sustainable Practices That Reduce Costs for Pubs and Restaurants
Published: 12th Feb 25 Categories: Cost Control, Pub Operations, Restaurant Management Running a pub or restaurant is no walk in the park. Between rising utility bills, fluctuating food prices, and that one customer who always complains the chips aren’t crispy enough,...
Leveraging Real-Time Data for Smarter Decisions in Hospitality Finance
Published: 6th Feb 25 Categories: Cash Flow, Cost Control, Hospitality Financial Management, Real-Time Data In the world of hospitality, where things move faster than a tray of drinks at happy hour, making smart financial decisions is a matter of survival. One day...
Optimising Payroll and Supplier Payments for Restaurants: A Step-by-Step Guide
Published: 28th Jan 25 Categories: Cash Flow, Restaurant Operations, Supplier Payments Managing a restaurant is a bit like being the conductor of an orchestra — everything needs to work in perfect harmony. However, one sour note can throw the entire operation off...
How Leveraging Tech Tools Like Xero Can Streamline Restaurant Finances
Published: 21st Jan 25 Categories: Cash Flow, Dashboards, Supplier Payments, Xero Running a restaurant can be chaotic — between keeping the chefs happy, ensuring the servers don’t spill soup, and making sure your diners are delighted, the last thing you want to worry...
5 Key Metrics Every Hospitality Finance Director Should Monitor Weekly
Published: 15th Jan 25 Categories: Cost Control, Hospitality Financial Management In the fast-paced world of hospitality, staying on top of your finances is as critical as ensuring the chef never runs out of fresh ingredients. As a finance director, you’re the...
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