Explore 5 key benchmarks to reduce food costs, streamline accounting, and improve operational efficiency. Learn how the best restaurant inventory management software can help you compare vendor prices, automate invoices, control inventory, and cost your menu with precision.
Running a hospitality operation means juggling dozens of priorities—and purchasing often gets stuck on autopilot. That’s why we’re offering a free Purchase Audit.
Every successful restaurant has one thing in common: they count their inventory. It may not be the flashiest part of running a food and beverage operation, but it’s one of the most powerful.
After 25 years in restaurant technology—from managing Aloha POS implementations to selling back-office platforms like MenuLink—I’ve seen one pattern play out over and over
Invoices come into your restaurant every single day—some from your broadline distributor, others from specialty vendors, and sometimes even from local farmers and butchers. It’s a never-ending stream of paper and digital documents.
Running a restaurant isn’t just about serving great food—it’s also about making smart business decisions behind the scenes. One of the biggest opportunities for savings? Restaurant purchasing. That’s where NxtEdge comes in.
In the restaurant business, your profit often comes down to a few cents per item. That’s why vendor price comparison isn’t just helpful—it’s essential. If you’re not comparing vendor pricing before you place orders, you’re likely leaving money on the table.
If you're not actively costing your menu, you could be losing money every single day. With food prices fluctuating, labor costs rising, and tight margins across the board, understanding how each dish contributes to your bottom line is more important than ever.
Running a restaurant is chaotic. Between managing staff, vendors, guests, and the back office, there’s barely time to breathe—let alone dig through spreadsheets or fix invoice errors
Costing out your menu isn’t just a good idea—it’s essential. Whether you’re opening your first concept or managing a high-volume operation, knowing exactly what each menu item costs you is the foundation of a profitable restaurant.