The pub company said the state-of-the-art Android system will ease cash flow and enable lessees to keep track of their business performance from day one.
It said it has also negotiated competitive prices for existing lessees that want to update their EPOS (electronic point of sale) equipment and make use of the new cloud-based service.
Fixed prices
The move comes alongside Star negotiating fixed prices for the next three years for its improved InnsideTrack support on stock-taking and accounting. The pubco has increased the number of wet and dry stock-takes from nine to 12 a year, bringing them in line with the monthly accountancy reports already provided, and added an extra accountant visit every year into the package.
Lessees will be able to opt for an ‘Innside Track light’ package in year two with lower levels of reporting and lower fees if they are in full financial control of their business and generating the levels of profit indicated in their business plans.
More regional suppliers
As part of the changes, Star is including more regional suppliers in its list of recommended accountants and stocktakers and will publish bi-monthly scorecards for each one on its ecommerce and recruitment websites to help lessees make an informed choice.
Trading director Chris Jowsey said: “Quality, up-to-the-minute information is key for lessees wanting to manage their staff and stock effectively. For those lessees taking on a new pub with us we’re removing the need to spend a huge amount of money on tills, helping with cash flow in those all-important first months.
“Our Innside Track accountancy and stocktaking programme system gives them the framework needed for the financial reports generated by their accountants and the data needed to keep on top of their accounts which they can access when and where they like.”