2002, Second Cup became a member of the Cara Operations family of restaurants, which includes Milestones, Kelsey’s, Montana’s, Swiss Chalet, and Harvey’s. In 2006, Second Cup became a wholly owned subsidiary of Dinecorp Hospitality, Inc. which has since been renamed Second Cup Coffee Company Inc.
Java Jolt for Finance
Second Cup uses its new Sage Accpac ERP system to manage the corporate owned cafés, as well as royalties and advertising for all locations. The system also automates payroll for the corporate cafés and home office, tracks operating expenses, and manages the company’s fixed assets.
“All financial transactions are handled through Sage Accpac ERP,” explains Patricia Bautista, manager of accounting. “I had used the software earlier in my career, and was glad to see all of the features and functionality that have been added. Not only is it a very powerful system, but it’s also extremely user friendly and easy to learn. Practically anybody can pick it up and use it on their own, so staff members no longer need to depend on others for data extraction.”
Extra Shot of Financial Data
Second Cup management appreciates the robust reports that can be created within Sage Accpac ERP. “Impac Solutions implemented many standard reports, such as basic financial statements. They have also written many custom reports to meet our specific needs. The best thing about their reports is that we can export them easily, providing greater access to financial data throughout our organization,” says Bautista.
Customized tracking reports for construction costs are becoming increasingly important for Second Cup as it acquires new cafés. “Whether we are keeping a new location as a corporate café, or offering it to franchise partners, we always perform a complete renovation,” Bautista