Real-time Food Costs. Real time-savings.
xtraCHEF is an automated invoice processing & cost management platform built for the restaurant industry.
xtraCHEF helps restaurants save time and money by eliminating manual accounting and inventory management tasks, automating food cost analysis, and improving purchase decisions. Simply take a picture of an invoice or scan and upload a batch, and let xtraCHEF do the heavy lifting.
We digitize and archive your invoices, extract line-item detail from those invoices, and return the data in a timely manner and in a format that is easy to view, analyze, and share.
Once digitized, we store invoice images in our searchable, cloud-based document management platform and deliver the extracted data directly to accounting and inventory systems, such as:
- Microsoft Dynamics/Great Plains
Our document archive provides powerful search features, and our robust cost management reports and dashboards empower operators with real-time visibility into food costs across locations, products, categories, and vendors. This visibility enables more informed purchase decisions, data-driven vendor negotiations, and greater insight into how fluctuating prices impact the bottom line.
No more wasted time, money, and resources on pushing paper and keying in purchase data. Instead, our customers can focus on what successful restaurants do - delivering exceptional dining experiences.
- Elimination of Manual Data Entry & GL Coding of Purchases – Timely and accurate PO & Non-PO Invoice Processing
- Automatic PO Reconciliation – Automatically match open POs against paper invoices
- Cloud-based Document Management – On-demand access to invoices & credit memos with powerful search features such as by item, amount, etc
- Payment Approval Queue – Ability to require review before approving payment
- Cost Management Data & Analytics – COGS reporting, spending by category, and item price tracking are visible in real-time
- Accounting & Inventory Management Integration – Including Quickbooks, Compeat, Restaurant365, and others
- Mobile and Desktop Accessibility – Manage costs when, where, and how is most convenient for you
Brands: xtraCHEF - Automated Accounts Payable & Cost Intelligence Platform Built for the Hospitality Industry
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