cfo services

Practus’ CFO Solutions assisted the restaurant chain in improving the average debtor collection period by 40%.

Client NameROIIndustryOwnershipManagementNo. of EmployeesSizeProject Duration
A Restaurant Chain6.3xF&BPrivate Limited CompanyFamily Managed~100$2 million 36 months

About The Company

Arab Cuisine, started in the year 2000, is a rapidly expanding Arabic restaurant brand with over 14 locations, the majority of which are in Mumbai and Pune. PE has invested in the chain. A leading Indo-Lebanese specialty Quick-Service Restaurant (QSR) is a mix of independently owned and franchised locations.​

Practus’ Role in CFO Services

  • Championed the process of finalizing the budgets and financial forecasts.
  • Incorporated key metrics for CEO and Professional Investor in monthly MIS.
  • A one–hour weekly review of all 180–day initiatives is prepared, providing the promoter with a single point of contact to assess progress, make decisions, and identify impediments (if any).​
  • An internal audit was monitored, and essential accounting policies and SOPs for finance procedures were developed.​
  • Developed cross-functional essential accounting policies and thorough SOPs (procurement, supply chain, and finance).

Impact Delivered in CFO Services

  • Budgeting and performance evaluation could be completed in 30 percent less time.​
  • The average debtor’s collection duration has been cut in half.​
  • Increased visibility into key performance metric measurement and reporting resulted in better business management.​
  • Implementing cost-cutting initiatives in the areas of procurement and food costs in order to increase profitability.​

See how Practus can assist you in improving your organization’s Performance