xtraCHEF
UnclaimedAutomated financial and operational management software for restaurants to control food costs and maximize margins.
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TL;DR - xtraCHEF
- Automates accounts payable, recipe, and inventory management for restaurants.
- Provides real-time financial and operational insights to control food costs.
- Integrates with existing POS, accounting, and inventory systems.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Significantly reduces manual data entry and associated labor costs.
- Provides immediate and accurate data for informed decision-making.
- Streamlines financial and operational workflows for various restaurant roles.
- Offers robust integration capabilities with existing restaurant tech stacks.
Cons
- Specific pricing details are not publicly available, requiring a demo request.
- Requires integration with existing systems, which may involve initial setup time.
Key Features
AI-driven Accounts Payable (AP) automationInvoice scanning, digitization, and storageAutomatic General Ledger coding for invoicesReal-time food cost reportingRecipe management with plate cost calculationIngredient price fluctuation alertsInventory management with automatic updates from invoice dataGross margin variance tracking per menu item
Pricing
Paid
xtraCHEF offers paid plans. Visit their website for current pricing details.
About xtraCHEF
By Toolradar Team·
xtraCHEF provides automated restaurant management software designed to help operators control food costs and maximize profits. It offers a suite of tools that automate manual, time-consuming tasks such as accounts payable processing, recipe management, and inventory tracking. By leveraging AI-driven technology, xtraCHEF scans, digitizes, and stores invoices, automatically applying General Ledger codes to streamline financial operations.
The platform is built for various roles within a restaurant, including culinary teams, financial managers, and operations staff, as well as outsourced accountants supporting restaurant clients. It provides real-time insights into ingredient price fluctuations, gross margin variances per menu item, and overall financial performance. This data-driven approach enables better decision-making for menu engineering, vendor negotiations, and overall operational efficiency, ultimately freeing up staff to focus on customer satisfaction and core business activities.
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xtraCHEF FAQ
How does xtraCHEF's AI-driven AP automation handle different invoice formats from various vendors?
xtraCHEF's AI technology is designed to scan, digitize, and store all incoming invoices, regardless of their format. It then automatically applies General Ledger codes, eliminating the need for manual data entry from diverse vendor documents.
Can xtraCHEF provide real-time alerts for ingredient price changes from specific suppliers?
Yes, xtraCHEF offers real-time ingredient price fluctuation alerts. This feature allows operators to stay informed about changes in vendor pricing, which is crucial for managing food costs and negotiating with suppliers effectively.
What level of detail does the recipe management feature offer for calculating plate costs and tracking changes?
The recipe management feature allows for detailed plate cost calculations and tracks how these costs evolve over time. It utilizes a drag-and-drop interface, making it easy for culinary teams to adjust menu items and immediately see the financial impact.
How does xtraCHEF ensure inventory values are accurate and up-to-date without manual input?
xtraCHEF automatically updates inventory values and count sheets based on the latest invoice data. This integration ensures that as new ingredients are purchased, the inventory records reflect the most current information, reducing manual errors and saving time.
Beyond POS and accounting, what other types of platforms can xtraCHEF integrate with to provide a comprehensive view of restaurant operations?
xtraCHEF is designed to integrate with existing accounting, inventory, and Point of Sale (POS) systems. This broad integration capability ensures direct delivery of accurate invoice information and a holistic view of financial and operational data across the restaurant's tech stack.
How does xtraCHEF assist outsourced accounting firms in managing their restaurant clients more efficiently?
For outsourced accountants, xtraCHEF automates numerous accounting tasks, such as invoice processing and GL coding. This automation allows firms to provide more value to their restaurant clients by reducing manual effort and offering real-time financial insights without straining their own resources.
Source: xtrachef.com