Craftable
UnclaimedThe back-office hospitality solution designed to optimize operations, finance, and procurement for profitability.
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TL;DR - Craftable
- Optimizes hospitality back-office operations, finance, and procurement.
- Reduces costs, improves inventory control, and automates AP processes.
- Provides real-time insights and reporting for various hospitality segments.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Drives significant cost savings through smarter ordering and inventory control.
- Reduces time spent on inventory counting by up to 50%.
- Improves control over non-compliant spending with proactive compliance features.
- Provides a unified platform for various back-office functions, eliminating spreadsheets.
- Offers extensive integrations with over 1,000 POS, EDI, and API systems.
Cons
- Specific pricing details are not publicly available and require a demo request.
- The extensive feature set might have a learning curve for new users.
Key Features
Inventory & Recipe ManagementReporting & Business IntelligenceAP Automation with AI-powered invoice processingeProcurement for consolidated purchasingVendor managementCost of Goods (COG) trackingRogue spend managementMulti-location management
Pricing
Paid
Craftable offers paid plans. Visit their website for current pricing details.
About Craftable
By Toolradar Team·
Craftable is a comprehensive back-office hospitality solution built to support front-line operations across various segments, including limited and full-service restaurants, bars, nightclubs, and hotels. It leverages advanced technology to improve top-line growth and refine operational processes, ensuring exceptional guest experiences remain a priority. The platform simplifies complex information into valuable insights, transforming data into clear actions for hospitality businesses.
Craftable centralizes critical functions like inventory and recipe management, AP automation, eProcurement, and reporting. It helps businesses control costs, reduce waste, manage rogue spend, and improve overall profitability by providing real-time data and insights. The solution is designed to empower operations, finance, technology, and accounting teams with tools for smarter ordering, tighter inventory control, proactive compliance, and efficient invoice processing.
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Craftable FAQ
How does Craftable specifically help full-service hotels manage diverse operations like restaurants, banquets, and in-room dining?
Craftable allows full-service hotels to manage purchase orders across different departments, identify and control rogue spending, and automate Accounts Payable processes. This ensures that all diverse operations, from dining to retail, roll up effectively to the overall P&L.
What kind of integrations does Craftable support to connect with existing hospitality systems?
Craftable is designed for extensive connectivity, supporting over 1,000 integrations including Point of Sale (POS) systems, Electronic Data Interchange (EDI), and various APIs to ensure seamless data flow and compatibility with existing operational infrastructure.
How does the AI-powered AP Automation feature handle invoice processing and variance alerts?
The AI-powered AP Automation in Craftable processes invoices quickly and easily for payment. It utilizes a 3-way auto-match system and allows users to set thresholds for variance alerts, providing proactive notifications for discrepancies and ensuring financial clarity.
Can Craftable track pour costs and manage inventory for bars and nightclubs with high accuracy?
Yes, Craftable is specifically designed for bars and nightclubs to accurately track pour costs and manage inventory. It helps lock in recipes, simplifies audits, and provides clear visibility into where inventory goes and its associated costs, reducing waste and improving profitability.
What security measures are in place for the Craftable platform, especially concerning sensitive financial and operational data?
Craftable is a SOC 2 compliant platform, indicating adherence to stringent security standards for protecting customer data. It also supports Single Sign-On (SSO) capabilities, enhancing user authentication and overall system security.
Source: craftable.com