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Plate IQ

Name: Plate IQ
Rating: 4.5 (2 reviews)

By Plate IQ

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Highlights : About Plate IQ

Kitchen management

Spend analysis

Price tracking

Menu-level cost insights

Bill pay and reconciliation

Accounting integration

About Plate IQ

PlateIQ is an innovative accounting solution designed to automate data entry for restaurants. The platform makes restaurant accounting easy by offering automated accounts payable solutions that feature a real-time food costing. It also has an all-in-one interface equipped with tools like menu and food costing, accounting integrations, real-time inventory tracking, automatic price updates, and kitchen management. With this at your disposal, you can optimize your restaurant operations with ease. Moreover, Plate IQ offers a reporting and spend analysis feature that can provide you with a deeper insight into your expenses. This is also handy for entrepreneurs who are particular about tracking their spending as it can be filtered and analyzed depending on how you wish to look at your expenditures. Another thing that makes Plate IQ an excellent addition to your collection of business systems is that it integrates perfectly with a number of third-party applications. This means, you will be able to merge this with your existing accounting software for easier data importation. The entire platform and its features are also fully compatible with mobile devices, making it easy for you to work on the go.

Specifications

Business Size

Startup

Customization

Yes

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Kitchen management

Real-time food costing

Expense report processing

Automatically digitize invoice

Real-time inventory tracking

Menu-level cost insights

Mobile App

Automatic price update

Bill pay and reconciliation

Price alerts for hot list

Payment sync to general ledger

View price variations

Accounting integration

Benefits

Unified, Easily Accessible Database

The platform features powerful costing and inventory management tools that help you to store all pricing and product in the database for automatic inventory tracking and price updates. There are also incredible accounts payable features that capture digitized invoices line by line and store the data in cloud for convenient referencing. This feature makes it possible to code a line item to the appropriate category and automating the process whenever that item is ordered again.

Simplified Price Tracking

With the plate IQ POS, you will be able to track price changes right from the dashboard before making any key purchase. You will conveniently compare pricing for different locations and track the spending by category.

Menu Costing Made Easy

The recipe/menu costing feature will intriguingly help you get a deeper insight into the ROI of menu items thereby enabling you to determine the cost of each dish at the restaurant. The bill pay feature sync all payments to your general ledger for easier reconciliation and reporting. It also helps you to pay all your vendors via this digital platform.

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