Streamlining Cost Management
With xtraCHEF by Toast, restaurants can take control of their bottom line by implementing precise costing tools that track where every dollar is spent. By automating tasks like data entry and spreadsheet management, this solution allows restaurant owners to save time and labor costs, enabling them to focus on core business activities that drive success.
Enhancing Financial Visibility
Integrating seamlessly across systems, xtraCHEF streamlines processes by syncing accurately coded data from invoices, sales, and payroll directly into the accounting system. This automation not only saves valuable time but also provides detailed insights into fluctuating costs, empowering restaurant owners to make data-driven decisions for improving their financial performance.
Optimizing Profit Margins
xtraCHEF empowers restaurants to take profitability into their own hands by offering robust reporting, recipe costing, and inventory management functionalities. By leveraging automation and insights, businesses can maximize productivity and proactively manage costs, ensuring sustainable margins across locations, menu items, and more.
Key Features and Benefits
The key features of xtraCHEF by Toast include automating invoice processing, monitoring costs across all recipes, and mastering inventory management. By automating invoice processing, restaurants can sync accurate, auto-coded data directly into accounting systems, gaining detailed insights into costs across ingredients, categories, and suppliers. Additionally, monitoring costs across all recipes provides insight into plate costs and gross margins, considering factors such as fluctuating ingredient prices and labor. Mastering inventory management helps in minimizing waste and optimizing resource utilization, ensuring maximum efficiency.
Seamless Integration with Toast Platform
xtraCHEF seamlessly integrates with the Toast platform, offering a comprehensive solution for restaurant management. By pairing it with other Toast products like Payroll, restaurants can further streamline labor management and enhance cost control. Moreover, the integration with accounting systems and other restaurant software ensures a connected ecosystem that enhances operational efficiency and profitability.