Industry specialist PKF Hospitality is expanding its offering and changing its name to Quantaco.
PKF Hospitality was established 10 years’ ago by Anthony Sullivan, the original company offering accounting and business advisory services to help hospitality venues all around Australia.
The new Quantaco proposition, which focuses solely on the hospitality industry, provides a suite of solutions via its dedicated team and custom technology.
“Some see technology as a disrupter, at Quantaco we think it delivers on potential.”
Quantaco provides a simple to use analytics platform called Wranglr that aggregates and automates data from all sources, including industry-leading systems such as Deputy, Lightyear and Oracle NetSuite.
This enables deep understanding for clients, such as the ability to forecast sales, tracking them in real-time, aiding critical business decisions. For example, linking actual sales revenue with real time labour costs and being able to compare them against a forecast for the day.
The daily sales forecast leverages historical data, but also considers influencing factors including weather, scheduled sporting events and forward bookings.
Comparing the forecast with real time sales data allows for a technology-connected operator to take proactive action, better managing shifts on the fly to ensure the right number of people are rostered to best serve the anticipated number of customers.
The flow of data between the systems also increases accuracy and efficiency, and the system provides operational alerts on key metrics.
Under the new name, the expanded Quantaco will now also include advisory services for capital, insurance, and soon loyalty.
“We help venues maintain the right amount of staffing to meet customer expectations, while maximising their profitability,” says Anthony Sullivan, Quantaco CEO.
