xtraCHEF Introduces xtraCASH to Help Restaurants Improve Profits

The restaurant management software provider introduced the foodservice industry’s only free automated invoice processing and cost management solution to help restaurants earn extra cash

xtraCHEF, a financial and operational restaurant management platform, today announced a new product called xtraCASH. The company has combined their industry-leading invoice processing technology with a limited set of cost management features free of charge to put restaurants in the best position possible to make a speedy recovery in the wake of a global pandemic that has disproportionately impacted restaurants.

xtraCHEF customers who sign up for xtraCASH can digitize their invoices and automatically match line-item purchase details to eligible cost savings programs. The company’s partnership with the Buyers Edge Platform, one of the largest Group Purchasing Organizations (GPOs) in the foodservice industry, gives their customers access to rebates on over 165,000 eligible products from over 350 manufacturers.

“As our industry ramps back up and reopens its doors, we are doubling down on our mission to empower restaurants to improve profitability,” says Andy Schwartz, Co-founder and CEO of xtraCHEF. “Now more than ever, operators need tools to better run their businesses. By making our invoice digitization and recognition software available free of charge, we’re giving any restaurant the capability to better monitor their spend, make more informed purchasing decisions, and ultimately, improve margins.”

Read our press release for more information about this exciting new product.