Budgets + Forecasting
Budgets + Forecasting
Track restaurant performance in real time and plan for the future with flexibility. Build a budget in xtraCHEF to see where you stand.
Set A Time Period and See What’s Left
Manage your budget based on the reporting period that works best for you. Data is available for review by fiscal year, calendar year, quarter, month, and week.
As invoices are digitized, xtraCHEF automatically categorizes purchases and subtracts them from your set budget. You and your team can simply see how money’s getting managed—and what’s left to spend.
Establish Goals for Cost of Goods Sold
COGS tell you how much you’re spending to create culinary magic. Set specific goals for these expenses for better cost controls and larger profits.
Get Daily Spending At A Glance
Employees at the helm of the hustle and bustle can see how they’re tracking against expectations with ease.
Just take a quick look at our Budget Health chef emoji to see if spending is on target or off track. Chef stays smiling when you’re meeting monetary goals.
Sync Up Daily Sales
Integrate xtraCHEF with your Point of Sale system to sync your daily sales and order data directly into xtraCHEF.
You’ll get more insight into budget performance with less data entry. It’s as simple as it sounds.
Let's do this!
Don't hesitate to automate.
See why restaurants choose xtraCHEF to get it done and get it done right. Schedule some time with a Product Specialist.
Related Resources
Restaurant Operations and Finance Teams Can Work in Harmony. Here’s How
Isn’t it funny how operations and finance teams easily become enemies in restaurants—even though they share the same goal of making the restaurant successful?
How Digitizing Invoices Helps Restaurants Be More Flexible
If there’s one lesson to be learned from 2020, it’s that anything can happen.
