Integration | Toast: Restaurant POS System
Learn more about how our Toast POS integration offers finance executives, operations managers and culinary teams real-time financial reporting and category-level revenue vs. expense comparisons.
What is Toast?
Toast is a cloud-based, restaurant Point-of-Sale (POS) and management system that helps restaurants improve operations, increase sales and create a better guest experience.
Launched in 2013, Toast powers successful restaurants of all sizes with a technology platform that combines restaurant POS, front of house, back of house and guest-facing technology with a diverse marketplace of third-party applications.
How does xtraCHEF integrate with Toast?
xtraCHEF syncs daily sales data from Toast’s POS system to enable real-time purchase and price trend analysis against daily sales data in Toast – by category and across locations.
xtraCHEF is designed to automate data entry, a time-consuming and error-prone task required by chefs, general managers, and/or restaurant accountants to monitor and manage their payables and profitability. Our Toast POS integration extends the value of automatically capturing ingredient-level purchase data from invoices and comparing that with sales and revenue data from Toast.
The daily sales data from Toast fuels tools in xtraCHEF – making it easy to measure revenue and spend performance throughout each period.
“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,”
Director of Technology
How does xtraCHEF’s Toast POS Integration benefit users?
By automatically syncing daily sales data with purchase data in xtraCHEF, users will be able to more closely monitor food costs without the burden of data entry.
Users will leverage the xtraCHEF/Toast POS integration to easily track food cost ratios against budgeted targets and forecasted sales, compare food cost ratios across sales categories and units, and drill into real-time food cost ratio reports to better understand margins and impacts to profitability.
- Unleash the power of budgeting to stabilize your costs as well as increase your cash flow
Food Cost Weekly Dashboard
- Drill down into weekly food cost ratios across categories from a percentage of sales all the way down to the purchase details and invoice image View food cost ratios by category as percentage of total sales across time and for each location
Unit Comparison Dashboard
- Compare performance across locations based on COGS, Category Food Costs, and GL
- With daily sales syncing automatically from Toast & purchase details captured by xtraCHEF, all you need to do is enter beginning & ending inventory in order to know your true Cost-of-Goods-Sold (COGS) in real-time
Food Cost Ratio Report
- Track food costs by category as a percentage of sales
Ready to learn more?
Want to know how much cash came in the door vs. how much went out on any given day or time period?
Request a demo to learn more about bridging the time and labor gap between knowing your COGS and hoping that you did.
Setting the standard for cloud-based restaurant management software.
Don't hate it. Automate it.No one likes data entry or paper pushin'Code invoice line-items in our system once...and that's it. Configure rules to review only the invoices you want to see. Accurate data delivered to accounting & inventory.
Analyze costs. Visualize profits.Improved visibility boosts your bottom-lineReal-time visibility into food costs enable more informed purchase decisions, data-driven vendor negotiations & insight into how fluctuating prices impact the bottom line.
Connect the Kitchen & BookkeeperOn-demand access to invoice images & dataSecure, anywhere access and a powerful search engine make it easy to keep financial information flowing across the house, across locations or across the country.