Optimize spend across your restaurant operation
Food Cost Management
Our software includes configurable price alerts, cost trend reports, declining budgets, and other data-driven dashboards for unprecedented food cost management.
Compare your costs against anything. We provide restaurants with food costing capabilities for transparency, oversight, and tools to make more intelligent decisions on profitability.
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.
Easy to Build Recipes, Easier to Track Them
Scan invoices and xtraCHEF will build a product guide for you based on what you have in the kitchen. Use our drag-and-drop interface to build your recipes, and we’ll calculate the cost of your menu items—along with the cost of the labor it takes to make them!
Continue scanning invoices to see how the price of each plate changes with shifts in vendor food prices. Seamlessly swap in substitute ingredients when plate costs climb too high.
Keep Vendors Honest with Price Tracking
Simply select a vendor, put items in your cart, and place your order. We’ll automatically send an email to a vendor rep of your choosing. The rep can then acknowledge receipt with just the click of a button.
Reference your last purchase prices, if you’d like, to make a point about what you expect to pay. Use our Price Tracker to make sure you never pay more than you want—or to get alerted when prices drop.
Success Stories
How Choice Market uses xtraCHEF to Control COGS
Choice Market is a new kind of convenience store offering both packaged goods and prepared foods. Learn more about how they use xtraCHEF to closely monitor price fluctuations of thousands of SKUs in order to control COGS.
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
How to Reduce Food Cost in Restaurant Management
Reducing food cost in restaurant management is as important as ever.
Food Costs and the Price of Tea in China
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?
