xtraCHEF Announces Partnership and Listing on Sage Intacct Marketplace
xtraCHEF by Toast announces their automated restaurant management platform is officially certified by and listed on the Sage Intacct Marketplace, a repository of solutions that are integrated with the Sage Intacct cloud financial management system.
The certification further solidifies xtraCHEF’s dedication to delivering on restaurant accounting needs for owners, operators, and accountants that support them.
“We’re excited to put time back in the days of restaurant operators and restaurant-focused accountants by automating their invoice processing and accounts payable with our flow of data from xtraCHEF to Sage Intacct,” says Bhavik Patel, xtraCHEF by Toast CTO & co-founder.
xtraCHEF’s AP automation and invoice processing capabilities extract line-item level information from clients’ bills for use within cost management modules while accurately coding and integrating summary data with Sage Intacct. Invoice information is guaranteed for import within 24 hours, passing accounting/GL-level information into your Sage Intacct system for profit and loss statements and other reports.
In terms of accuracy, xtraCHEF offers an intelligent recognition software with human-powered Quality Control to ensure the accuracy of line-item invoice recognition and GL coding.
xtraCHEF analyzes line-item level invoice data along with Toast’s sales data to give restaurateurs insights into detailed restaurant inventory management, COGS, and more.
“Restaurant operators work far too hard to waste time and money,” said Andy Schwartz, xtraCHEF by Toast CEO and co-founder. “xtraCHEF’s automated tools and dynamic, interactive dashboards make it easy for busy restaurateurs to track and compare all restaurant costs. Now our certified API with Sage Intacct ensures tighter integrations between our platforms and enables us to better serve AP automation needs for our mid-market and enterprise restaurant clients.”
”The global pandemic has significantly impacted the hospitality industry, making it more important than ever for restaurant finance teams to focus on streamlining processes and gaining better insights into their business,” said Melody Williams, Head of Business Development for Sage Intacct. “This new integration between xtraCHEF and Sage Intacct will enable our joint customers to eliminate manual processes and free up time for more value-added tasks focused on growing their business.”
Designed from the ground-up for restaurants of all sizes, xtraCHEF by Toast arms operators to take control of rising restaurant inventory costs, automate accounts payable, and streamline back office tasks to help increase overall restaurant profitability.