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MarginEdge

Brand: MarginEdge

  • 4.3

  • 6 Ratings

MarginEdge provides real-time visibility into a restaurant's financial performance by automating key back-office tasks like invoice processing and inventory management, while offering powerful tools for tracking food costs, managing recipes, and making data-driven decisions to improve profitability.

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$330

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Starting at $330

MarginEdge Software Overview

What is MarginEdge?

MarginEdge is a restaurant management software that provides real-time visibility into a restaurant's financial performance. It automates invoice processing, tracks daily sales and costs, and generates live P&L statements to help operators make data-driven decisions and improve profitability.

Key features include inventory management, recipe costing, vendor payment processing, and integration with leading POS and accounting systems. MarginEdge is designed specifically for the restaurant industry by operators who understand the unique challenges of the business. The software eliminates manual data entry, streamlines back-office operations, and empowers restaurants with actionable insights to control costs and drive efficiency.

Why Choose MarginEdge Software?

  • Eliminates Manual Invoice Processing: Automates invoice data capture from photos of paperwork, organizing line-item purchase data within 24-48 hours.
  • Maximizes Profits per Plate: Tracks recipe costs, food usage, and sales data to help restaurants optimize menu pricing and portion sizes for better profitability.
  • Provides Real-Time Financial Insights: Delivers daily profit and loss statements, inventory reports, and other analytics for up-to-date financial visibility.
  • Facilitates Scalability: Automating back-office operations, allows restaurants to manage growth efficiently, whether expanding locations or new concepts.
  • Industry-Specific Functionality: Tailored to restaurants, it includes features like recipe management and food waste tracking, unlike generic accounting software.

Benefits of MarginEdge Platform

  • Automated Invoice Processing: Capture line-item data from photos of invoices and receipts within 24-48 hours, relate SKUs across vendors, and sync with accounting systems.
  • Real-Time Financial Insights: Import sales and labour data daily, provide daily sales reports compared to the previous year, and generate PMIX data for usage and menu analysis.
  • Streamlined Inventory Management: Keep inventory prices up-to-date, control product naming and count-by units centrally, and analyze food usage and waste based on inventory counts.
  • Centralized Ordering System: Place orders directly through vendors, customize order guides, and manage order guides centrally across multiple locations.
  • Automated Bill Pay: Pay bills directly, schedule future payments, pay partial amounts or skip invoices, with no surprise costs.
  • Customizable Price Alerts: Set thresholds for specific items and receive email alerts on unexpected price changes.

Pricing of MarginEdge

MarginEdge price in India starts at $330 at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

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MarginEdge Company Details

Founded Year:  2015

MarginEdge

Director/Founders Bo Davis, Michael Spitalney, Roy Phillips, Sam Leiber
Company Size 101-500 Employees

MarginEdge Pricing & Plans

Basic
Key Features
  • Accounting integrations
  • Budget tracking
  • Commissary kitchen support
  • Daily controllable P&L (plus labor)
  • Inventory & Ordering
  • Invoice processing
  • Price tracking
  • Recipe costing
  • Sales reporting
Starting at $330
    • Licenses (Location)

      Licenses (Location)
      Licenses (Location)
    • Monthly

      Monthly
      Monthly

Key Features

  • Accounting integrations

  • Budget tracking

  • Commissary kitchen support

  • Daily controllable P&L (plus labor)

  • Inventory & Ordering

  • Invoice processing

  • Price tracking

  • Recipe costing

  • Sales reporting

MarginEdge Features

  • icon_check Invoice Processing
    Automates the processing of invoices from vendors, ensuring accuracy and timely payments.
  • icon_check Category Budgets
    Allows setting and tracking of budgets across different expense categories, helping manage costs effectively.
  • icon_check Labor Summaries
    Provides summaries of labor costs and hours worked, aiding in payroll management and labor cost optimization.
  • icon_check Daily Controllable P and L
    Generates daily profit and loss statements, highlighting controllable expenses to monitor financial performance closely.
  • icon_check Menu Analysis
    Analyzes sales data to assess the performance of menu items, identifying top sellers and opportunities for improvement.
  • icon_check Recipe Displays
    Displays recipes and ingredient quantities, assisting in standardizing food preparation and controlling costs.
  • icon_check Food Usage Report
    Tracks food usage and wastage, optimizing inventory management and reducing food costs.
  • icon_check Order Management
    Manages orders efficiently, ensuring accurate inventory levels and timely replenishment.
  • icon_check Inventory Platform
    Provides a centralized platform to manage and track inventory levels, enabling real-time stock monitoring and replenishment.
  • icon_check Sales Reporting
    Generates detailed sales reports, providing insights into revenue trends and helping with sales forecasting and planning.
MarginEdge Demo Video play icon

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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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MarginEdge Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows iOS iOS Android Android MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Cafe & Restaurants
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Videos

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MarginEdge Review

4.3

Out of 5

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Overall Rating

Based on
6 Verified Ratings

Rating Breakdown

  • Features 4.4
  • Value for Money 4.1
  • Ease of Use 4.4
  • Customer Support 4.2

95% Recommend this Product

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How much does MarginEdge software cost?

MarginEdge's price in India starts at $330, at techjockey.com.

Is there any MarginEdge software app?

Yes, MarginEdge has mobile apps available for both iOS and Android platforms.

Which operating system does MarginEdge software support?

MarginEdge software supports Ubuntu, Windows, iOS, Android, MacOS and Linux.

Does MarginEdge offer a free trial?

No, MarginEdge does not offer a free trial period for new users.

How does MarginEdge software work?

MarginEdge automates tedious back-office tasks like invoice processing, inventory management, and bill pay while providing real-time financial insights to help restaurants maximize profitability.

Who are the potential users of MarginEdge software?

Restaurant owners, cafe, managers, and staff looking to optimize operations and improve profitability.

Is there any free demo for MarginEdge software?

MarginEdge often provides a free demo to showcase its functionalities and benefits.

Is MarginEdge software free?

MarginEdge is not free, it operates on a subscription-based pricing model.

Can MarginEdge integrate with existing POS systems?

Yes, MarginEdge integrates seamlessly with various POS systems to streamline operations and data management.

Does MarginEdge support multi-location management?

Yes, MarginEdge supports multi-location management, allowing centralized control and reporting across multiple restaurant sites.

How does MarginEdge handle inventory management?

MarginEdge automates inventory tracking, providing real-time updates on stock levels, usage patterns, and order management.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.