MarginEdge Software Pricing, Features & Reviews
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.