Tommi’s Burger Joint is an Icelandic-founded burger chain famously credited with keeping global fast-food giants out of Iceland.
Founded by Tomas “Tommi” Tómasson following a trip to America, the original joint became an instant success, selling an average of 1,000 burgers a day to Reykjavik’s population.
The Challenge: Navigating UK Expansion
Following a successful pop-up in Marylebone, Tommi’s launched its first permanent UK location on Thayer Street, London. While the brand had ambitious plans for further expansion, the directors lacked the clear financial visibility required to scale sustainably.
Streamlining the Finance Function
When Tommi’s partnered with Prysm Financial, their UK finance operations were completely re-engineered. Prysm eliminated slow, manual processes and clunky workflows, replacing them with a modern, automated system.
Leveraging deep expertise in the hospitality sector, Prysm implemented a suite of leading cloud accounting software—anchored by Xero as the central data hub. By integrating automated invoice processing and data extraction technology, manual data entry was minimized, drastically cutting bookkeeping time and ensuring real-time financial transparency.
Strategic Insights Driving Sustainable Growth
Tommi’s now receives comprehensive monthly management accounts shortly after month-end, providing an accurate, up-to-date picture of performance and profitability.
Beyond core accounting, Prysm delivers CFO-level strategic support. Regular director meetings focus on reviewing performance, benchmarking key operating metrics against hospitality industry standards, and identifying actionable opportunities to maximize revenues and margins.
Introductory Meeting
With over 30 years of combined experience, our digitally-enhanced finance function provides restaurant and hospitality entrepreneurs with financial clarity and specialist advice to navigate past obstacles, identify opportunities and grow with confidence.
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