FINANCE DASHBOARD
Our goal for Payroll this year is to achieve __x Payroll locations sold.
What is 2.3x?
This principle requires expenses to be recorded in the same period as the revenues they help generate.
What is the Matching Principle?
You can call them the 3 Muskateers of 7shifts, but these are the full names of the founders
Who are Jordan Boesch, Andrée Carpentier, Johannes Lindenbaum?
This tool helps SMBs with scheduling, time clocks, and payroll, and shares its name with a place you’d head to in baseball.
What is Homebase?
This is the term for when a server closes their section and prepares the restaurant for the next day
What is a "closing shift"?
The other goal is to grow Billed ARR to ___
What is 45.0M?
This recurring process compares actuals to budgets or forecasts to explain differences.
What is variance analysis?
This BEAMS value drives us to create interactions with our customers that aren’t just satisfactory, but memorable.
What is Make every experience an 11?
This Sydney-based scheduling competitor serves restaurants and other shift-based industries.
What is Deputy?
A restaurant employee whose job it is to bring food from the kitchen to the tables.
Who is a "Food Runner"?
ARPU (nearest dollar) as of August 2025 is ___
A: What is $85?
The process of gradually reducing the cost of an intangible asset, like software or patents, over its useful life.
What is amortization?
In 2022, 7shifts raised an $80M Series C round led by this global investment fund.
What is SoftBank?
Offering payroll, HR, and benefits for SMBs, this platform often pops up when restaurants evaluate payroll providers
What is Gusto?
Term for zeroing out a line item on a POS as a gesture of goodwill or a form of service recovery.
What is "Comp"?
Gross Margin as of August 2025 is ___% (nearest percent)
A: What is 77%?
This SaaS metric measures how much it costs a company to acquire a new customer.
What is CAC?
This is the year we hit $10M in ARR
What is 2021?
This POS giant launched its own scheduling tools and is both our competitor and a partner in the restaurant tech ecosystem.
What is Toast?
A slang term for when a server or kitchen staff member is completely overwhelmed and falling behind.
What is "In the weeds"?
This is the largest operating expense category at 7shifts, excluding headcount costs
What are Marketing expenses?
This SaaS metric, expressed as a percentage, captures recurring revenue retained from existing customers including upsells and downgrades.
What is Net Revenue Retention (NRR)?
Together, we’re not just building great products - we’re shaping the future of restaurants, one shift at a time!
What is 7Shifts EVP?
Unlike 7shifts, employees using this scheduling competitor must pay ~USD $3 to download its mobile app.
What is Hot Schedules?
This refers to the process of preparing a station with all tools and ingredients before service begins
What is "Mise en place"?