What is Toast?
Toast is a cloud-based Point-of-Sale (POS) and management system that helps restaurants improve operations, increase sales, and create all-around better guest experiences.
Launched in 2013, Toast powers successful restaurants of all sizes with a tech platform that supports a diverse marketplace of third-party applications.
How does xtraCHEF integrate with Toast?
xtraCHEF is designed to automate data entry at restaurants, a time-consuming and error-prone task required of chefs, general managers, and/or restaurant accountants to monitor and manage payables and profits.
Our integration enables restaurants to automatically capture ingredient-level purchase data from invoices and compare it directly to sales and revenue data from Toast.
Daily sales data is synced from Toast’s POS system to fuel xtraCHEF insights, like real-time purchase and price trend analyses by category and across locations, making it easy to measure revenue and spend performance across all accounting periods.
Some reasons why Toast users love xtraCHEF:
Actual v. Theoretical Variance Reporting
Integrate sales & PMIX data into xtraCHEF in order to analyze Actual vs. Theoretical variances - automatically accounting for purchases & waste
Product Mix (PMIX) Margin Report
Monitor the variance between anticipated versus actual margins based on daily sales, discounts, etc.
Depleting Inventory & Par Level Reporting
Map menu items & modifiers in Toast to recipes and recipe modifiers in xtraCHEF to automatically calculate theoretical consumption and par ordering quantities
Operating Summary Report
Gives a daily snapshot of financial performance to monitor KPIs and make adjustments in real time.
Declining Budgets
Unleash the power of budgeting to hit your targets, forecast sales, and increase your cash flow.
Unit Comparison Dashboard
Compare performance across locations based on COGS, Category Food Costs, and GL codes.
Food Cost Weekly Dashboard
Drill down into weekly food cost ratios across categories from a percentage of sales, all the way down to purchase details and invoice images.
xtraCHEF’s seamless integration with Toast provides our teams with deeper, daily insights into our Cost-of-Goods-Sold (COGS). It allows us to keep our Coach Operators on the floor delighting our guests instead of entering data manually.
Does Toast integrate with QuickBooks?
Toast does not automatically integrate with QuickBooks. However, xtraCHEF provides the missing piece! Sync, a premium feature from xtraCHEF, automatically and accurately integrates sales data from Toast directly to QuickBooks Online.
No data entry. No stress. Save time and accounting-related expenses by Sync-ing your sales data!
How does xtraCHEF’s integration with Toast benefit users?
By automatically syncing daily sales data from Toast with purchase data stored in xtraCHEF, users can do more with less. Closely monitor food costs and COGS without time spent on data entry and complex, manual calculations thanks to the xtraCHEF/Toast integration.
Ready to add xtraCHEF to your tech stack?
Request time with a Product Specialist to get started!
Related Resources
Takeaways from Toast’s Restaurant Success Report
Last month, Toast released its annual Restaurant Success Report report which provides a comprehensive look at where the restaurant industry stands today.
Introducing Sync, our Toast and QuickBooks Online Integration
Our partnership with Toast was formed out of our shared dedication to provide restaurants with low-cost and affordable tools to offer data-driven insights that help them to succeed through difficult operating circumstances.
