What you're up against
- Board reporting that takes weeks to assemble
- Audit prep that consumes the finance team
- Consolidating a growing set of entities
- Scaling locations faster than you can hire
For PE-backed groups
Investor-Grade Numbers For PE-Backed Groups.
Boards want clean, fast, defensible numbers. Kit delivers audit-ready reporting weekly, and scales without a bigger finance team.
The PE-Backed Reality
Board-Ready, Every Week.
With Kit
- Clean, consolidated reporting on demand
- Audit-ready books with full trails
- Weekly P&Ls per entity and rolled up
- Capacity that scales without new hires
The Stakes
What This Quietly Costs You.
100%of groups that fail at scale ran out of visibility, not customers
10–20%the sale multiple you lose when your books can’t prove the profit
$150k+all-in cost of a wage-and-hour class action in back pay, penalties and defense, in the industry that draws the most FLSA claims
How It Works
Diligence-Grade, Consolidated Reporting Run As One.
Investor-reported groups carry a reporting burden most back offices were never built for: clean numbers per entity, a consolidated view for the board, audit trails that hold up under diligence, and a close fast enough to act on. Stitched across Restaurant365, a bill-pay tool, a payroll vendor and spreadsheets, that work quietly eats a finance team alive.
Kit owns the general ledger directly, with no QuickBooks or Intacct underneath, so every entry carries a full audit trail and each entity produces a clean weekly P&L that rolls up into one portfolio view. The week is finalized within 36 hours of week-end, and a 90-day cash forecast keeps the board ahead of the numbers rather than behind them.
A dedicated team of staff accountants, a senior accountant and a relationship manager runs the work, with 40+ AI agents handling the volume. New locations onboard in about two weeks, so the portfolio scales without adding finance headcount, for roughly one-third the cost of the multi-vendor stack.
Questions
PE-Backed Group FAQs.
How does Kit deliver board-ready and diligence-grade books?
Kit owns the general ledger directly, with no QuickBooks or Intacct underneath, so every number carries a full audit trail back to the source transaction. Your weekly P&L is finalized within 36 hours of week-end, which means board packets and diligence requests come off current, defensible numbers instead of a reconstruction.
Can Kit consolidate multiple entities for investor reporting?
Yes. Kit produces a clean P&L per entity and a consolidated view across the whole portfolio, with intercompany handled on the platform. Sponsors get one source of truth rather than a stack of spreadsheets stitched together at quarter-end.
How does Kit scale as the portfolio adds locations?
A dedicated team of staff accountants, a senior accountant, and a relationship manager runs the work, with 40+ AI agents handling the volume. New locations onboard in about two weeks, and ten years of Restaurant365 history migrates in 45 minutes, so you add units without adding finance headcount.
What does Kit replace for a PE-backed group?
Restaurant365, Bill.com, MarginEdge, Craftable, Paylocity, Gusto, 7shifts, and standalone restaurant banking, for roughly one-third the cost of that multi-vendor stack. Kit integrates with Toast as a partner rather than replacing your POS.
What controls and forecasting do investors get?
A full audit trail on every entry, a 90-day cash forecast, auto set-asides handled through banking and payroll powered by Priority Technologies (NASDAQ: PRTH), plus year-end tax filing for K1s and 1099s and quarterly tax planning. The financial visibility and controls a board expects, built in rather than bolted on.
Give The Board Numbers They Trust.
Try Kit free and see investor-grade reporting in action.
Money talks. Kit translates.