Back to MRT
Morton's Restaurant Group Chosen as Winner of the Hospitality Technology Breakthrough Award for 'Excellence in Business Efficiency' Due to Their Implementation of Compeat Software.

AUSTIN, Texas, Sept. 17 /PRNewswire/ -- Morton's Restaurant Group has won Hospitality Technology's Breakthrough Award for "Excellence in Business Efficiency" for the work they have done with Compeat Restaurant Management Systems to streamline their accounting and inventory management. The announcement was made live on September 17th at the Restaurant Executive Summit in Orlando. Compeat Advantage software allowed Morton's to condense their 77 different inventories into one simplified and easily monitored master inventory and gave them the ability to manage their accounting more efficiently. This system has also allowed Morton's to more effectively monitor and control food and beverage costs. Labor efficiencies were also gained in both the restaurant and at the corporate office through this more streamlined approach. Other significant cost savings were recognized in the area of record retention and the elimination of document shipping costs by utilizing Compeat's document imaging capability. Documents are handled only once at the restaurant level and then electronically retained by the Compeat system.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090513/AQ16734LOGO)

"We are honored to receive this award of Excellence in Business Efficiency," said Ron DiNella, Senior Vice President and Chief Financial Officer for Morton's. "With Compeat we have been able to achieve great advancements and efficiencies in our restaurant back office management and we could not be more pleased," added DiNella.

"Morton's represents an example of what our customers can accomplish with Compeat Restaurant Software," said Harry Barkerding, CEO for Compeat. "Their commitment to implementing our software and using it effectively is extremely impressive," added Barkerding.

About Compeat Restaurant Management Systems: Compeat was founded in 2000 on the premise that restaurant management and accounting systems provide critically important evaluation and control solutions for restaurant operators. Today, Compeat is the only provider of a complete, end to end solution for all restaurant management, accounting, business intelligence, and payroll requirements. All Compeat solutions are web-enabled harnessing the power and flexibility of the Internet. For more information about Compeat or its products and services, visit www.compeat.com.

About Morton's The Steakhouse: Morton's Restaurant Group, Inc. is the world's largest operator of company-owned upscale steakhouses. Morton's steakhouses have remained true to its founders' original vision of combining generous portions of high quality food prepared to exacting standards with exceptional service in an enjoyable dining environment. The Company owns and operates 77 Morton's steakhouses located in 65 cities across 27 states, Puerto Rico and six international locations (Hong Kong, Macau, Mexico City, Singapore, Toronto and Vancouver) and three Italian restaurants. Please visit Morton's website at www.mortons.com.

SOURCE Compeat Restaurant Management Systems

Copyright (2009) PR Newswire. All Rights Reserved.
Back to MRT
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki