Take inventory counts on a tablet and instantly calculate inventory value, usage and cost of goods sold. Organize items by storage location and sort them into shelf to sheet order. Export on-hand valuations to your accounting system.
Save Time & Increase Accuracy
Create purchase orders that are delivered to your vendors via email. Compare what's currently on-hand to historical usage and make informed buying decisions.
Click to Send
Track your inventory item purchases and simultaneously update your accounts payable. Invoices can be entered manually, interfaced electronically using EDI, or scanned and processed using Plate IQ.
Increase Control & Insight
COST OF GOODS SOLD
Know your actual inventory usage (not just purchases) for any inventory item. Calculate an accurate Cost of Goods Sold (COGS) for your profit and loss statement.
Cost-out your prepared, menu and bar recipes. Ingredient price changes are always up to date. Add POS Polling to know your theoretical cost of sales and profit contribution from sales. Better manage your menu with Menu Engineering analysis.
Increase Insight & Profits
With a POS Interface, compare theoretical cost of sales to actual cost of sales, or theoretical inventory usage to actual usage, to calculate variances and isolate problem areas.
Transfer inventory between locations with instant adjustments to usage and cost of goods sold. Easily maintain vendors, inventory and recipes across multiple locations.
Save Time & Improve Accuracy