MarketMan
UnclaimedRestaurant inventory management software for cost control and efficiency, powered by AI automation.
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TL;DR - MarketMan
- Automates restaurant inventory, purchasing, and recipe costing.
- Uses AI for predictive ordering, waste reduction, and profit optimization.
- Provides real-time COGS and profitability reporting for cost control.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Significantly reduces food costs (up to 5%) and manual hours spent on inventory.
- Provides real-time insights into COGS and menu profitability.
- Streamlines operations with AI-powered automation for ordering and invoicing.
- Offers seamless integration with major POS and accounting systems.
- Supports multi-location management for chains and hospitality groups.
Cons
- No free plan available, which might be a barrier for very small businesses.
- Some advanced features like AI Ordering and Open API Access are only available in higher-tier plans or as paid add-ons.
Key Features
Web & Mobile App for inventory managementAI Ordering with predictive analyticsReal-time recipe costing and profitability analysisAutomated invoice management and accounting system integrationLive inventory tracking and price alertsVendor management and purchase order reconciliationWaste tracking and reportingMulti-location inventory transfers
Pricing Plans
Starter
$199/monthly
- Web & Mobile App
- Placing & Receiving Purchase Orders
- Price Tracking & Alerts
- Live Inventory Management
- POS & Accounting Software Integrations
Growth
$249/monthly
- All features in Starter
- Automatic Vendor Management
- Inventory Waste Tracking
- Unlimited AI-Powered Recipe Creation
- Real-Time Recipe Costing
- Automatic COGS
Enterprise
Custom
- All features in Growth
- AI Ordering
- 2 Included Vendor Integrations
- Order By Recipe
- Open API Access
About MarketMan
By Toolradar Team·
MarketMan is a comprehensive SaaS platform designed for restaurants, coffee shops, quick-service restaurants, and hospitality groups to automate back-of-house operations. It provides real-time reporting on inventory, Cost of Goods Sold (COGS), and expenses, helping businesses gain total control over costs and improve profitability. The platform eliminates labor-intensive paperwork by streamlining tasks like inventory tracking, invoicing, purchasing, and recipe costing.
This solution is ideal for restaurant owners, managers, and even food distributors looking to optimize their supply chain and operational efficiency. MarketMan helps identify areas to reduce waste, provides suggested order quantities, and offers accurate pricing and profitability-based reports. Its AI-powered features enable predictive analytics for demand forecasting, minimizing food waste, and maximizing profit margins, ultimately driving business growth through strategic insights.
Beyond restaurants, MarketMan also offers solutions for food distributors, enabling automated order handling, real-time catalog management, and seamless integration with ERP systems. Technology partners can leverage MarketMan's API for hassle-free integrations, expanding their offerings with a robust inventory management solution.
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MarketMan FAQ
How does MarketMan's AI Ordering feature specifically help reduce food waste and optimize inventory?
MarketMan's AI Ordering leverages predictive analytics to forecast demand based on historical sales data, seasonality, and other factors. It then suggests optimal order quantities, helping restaurants avoid over-ordering and minimizing spoilage, thereby directly reducing food waste and ensuring inventory levels are aligned with expected consumption.
Can MarketMan track inventory movement and waste across multiple restaurant locations within a single account?
Yes, MarketMan is designed to support multi-location operations. It allows users to track inventory transfers between different locations and log and report on wasted items across all managed establishments, providing a consolidated view for improved COGS and operational efficiency for chains and hospitality groups.
What level of detail does the recipe costing feature provide, and can it account for price fluctuations from suppliers?
The recipe costing feature connects all ingredient data to break down the cost for every menu item. It provides real-time recipe costing, meaning it automatically updates costs as ingredient prices fluctuate from your suppliers. This allows for accurate identification of the most and least profitable dishes with confidence.
Does MarketMan offer any white-labeling options for food distributors who want to provide this solution to their customers?
Yes, MarketMan offers a white-label mobile app specifically for food distributors. This allows distributors to brand the mobile ordering and tracking experience with their own logo and identity, enhancing customer experience and streamlining order handling for their clients.
What kind of support is available for integrating MarketMan with existing POS and accounting systems, especially for custom or less common setups?
MarketMan integrates with all major POS platforms and accounting software. For standard integrations, the process is seamless. For more sophisticated operators or custom needs, the Enterprise plan includes two vendor integrations and Open API Access, allowing for direct integration of systems with MarketMan’s API endpoints. Implementation is guided by experts to ensure a smooth setup.
How does MarketMan handle invoice processing and reconciliation, particularly with a high volume of vendor invoices?
MarketMan offers AI-Powered Invoice management that instantly processes scanned invoices, automatically updating inventory. It also allows for unlimited receiving and reconciliation of purchase orders and invoices from vendors. The system tracks price fluctuations and alerts users to changes, and includes credit memo functionality to manage discrepancies and balance invoices, streamlining accounts payable for high volumes.
Source: marketman.com