Restaurant Inventory Software Buyer’s Guide
Key Features of Restaurant Inventory Software
The restaurant inventory software is very easy to install and use. Very easy to manage, very fast. Restaurant inventory software needs to improve business performance by providing a complete integrated solution from point of sale (POS) till order delivery. Here is the list of common features:
- Determining the food cost and waste control – this feature is mainly used by managers and very important for restaurants. The system allows regularly check inventory and make sure the kitchen has all the food needed to prepare the dishes from the menu.
- Tracking food usage – allows employees to know exactly what food is being used or wasted in the kitchen and store. The feature also controls stock levels and reduces inventory problems.
- Locations – restaurant companies with multiple locations should choose the same software for all restaurants.
- Revenue calculation – the system gives an accurate idea of the amount of margin. This data is also helpful for budgeting for future periods.
- Low inventory alerts – low inventory alerts will be displayed to the chef when the inventory drops below a certain level.
- Online ordering – while using this popular feature, stock balances are dynamically updated, allowing you to keep track of inventory.
- Hardware – restaurant owners who do not want to buy additional equipment for the integration of restaurant inventory software should choose a system that does not require additional hardware.
Main Benefits of Restaurant Inventory Management Software
There are some benefits of restaurant inventory management software:
- The program can be installed on various devices such as laptops, desktop PC, PDA, etc.
- It offers many features to track orders, inventory, and revenue. All these features can be accessed using any PC or laptop.
- It is very easy to create menus, bar tickets which will be displayed in the menu manager.
- The software captures order at the time of preparation and prevents any mistakes that may create wastage of food items.
- It has an adjustable key order for staff, and they can work independently and individually if required.
- This software offers valuable features such as Bar Order Management which allows ordering of drinks under specific sections of the menu directly through a bar ticket. This prevents wastage of alcohol products.
How Much Does Restaurant Inventory Software Cost?
Prices for the best restaurant inventory software vary and depend on different features and options.
Usually, the cost of the software with basic functionality starts at $10-20 per month. This option is suitable for small businesses or for testing program features. Comprehensive software with an extended set of features can cost $300-500 per month. Such programs include all the features of the basic package, as well as a large set of unique features. Every software is different: while some include a large set of features in the basic package, others provide the service for an additional fee.