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Posts Tagged ‘enterprise resource planning’
Enterprise IT, Featured, News - Friday, May 17, 2013 11:18 - 9 Comments
news Fast-growing Mexican restaurant fast food chain Guzman y Gomez revealed this week that it has upgraded its previous MYOB-based accounting system to a comprehensive business platform from software as a service vendor NetSuite, to help support the chain’s ongoing expansion plans.
GYG was founded in Sydney in 2006 as a single Mexican restaurant in Newtown, but has rapidly expanded since. It currently boasts 25 restaurants employing more than 900 people across Australia, as well as eight franchise partners. It is planning to have 35 outlets including its first regional restaurant in Singapore by the end of 2013.
According to the company’s co-founder Robert Hazan, the company invested heavily in technology to support its growth, especially its “state of the art” point of sale system, labor rostering software, entertainment systems and menu boards. “But our most important tool, our financial systems, were well behind and struggling to cope with our rapid growth,” Hazan said in a statement issued yesterday by NetSuite, which noted that GYG had been using MYOB at that point. “It became increasingly painful to watch our finance team slave away at those systems, which became slower the bigger we grew.” Continue…