Ready to modernize your Restaurant?
Talk to a restaurant expert today and learn how MarketMan can help your business
If you have any questions or need help, feel free to reach out
Request a demoDon't miss out on maximizing your restaurant's profits! Calculate your ROI with MarketMan
Calculate ROIWhen it comes to restaurant accounting, managing invoices is the keystone to the whole system. Keeping track of orders, organizing them by vendors, and inputting invoices into your accounting software is not only tedious, but also leaves a lot of room for error when doing it by hand. MarketManâs restaurant invoice management system simplifies the process by consolidating it into a single, cloud-based inventory management and ordering platform that integrates with your accounting software.
A restaurant inventory management system is an application or program that can store, track, and analyze invoices from suppliers for inventory and supplies. The best invoice management systems work seamlessly with your inventory and accounting tracking processes, integrating with your bookkeeping, POS system, and inventory management software.
However, many invoice management systems are point solutions, meaning theyâre distinct from the rest of your technology ecosystem. That means another vendor to contract with, another program to learn, and another place for information thatâs best used in conjunction with others.
Some of the biggest challenges restaurant business owners face with purchasing and ordering is managing expenses, keeping track of invoices, and getting the best deal with suppliers. Invoice management systems can help restaurants stay organized, streamline their ordering process, and ensure theyâre getting the best price from suppliers. Finding those efficiencies, however, comes down to how well your invoice management system integrates with the rest of your technology.
Learn how to optimize every facet of your business, from menu optimization to tech solutions and gain actionable insights on saving money, driving engagement, and ensuring safety in your restaurant
Download E-bookMarketMan is a cloud-based inventory management system that integrates with POS and accounting systems to provide you with an in-depth view of your restaurantâs health and performance. By combining sales, inventory, and accounting data in one platform, you can track profitability, cost of goods sold, ingredient levels, and more.
Invoices can be uploaded to MarketMan via manual input or through the MarketMan mobile app. You can also automate ordering so that when inventory levels are low, MarketMan can automatically reorder stock up to a preset level, and share those invoices and orders with your accounting software.
MarketMan integrates with some of the most popular accounting systems, including Quickbooks, Xero, and Sage Intacct. These integrations ensure continuity of information from your suppliers, orders, and bookkeeping.
MarketManâs easy-to-use mobile app allows you to snap a picture of an invoice with your smartphone and upload it directly to the platform. MarketMan parses the image for all relevant details, whether digital or handwritten, and extracts them directly into the app. All you need to do is take a picture. Because the app is cloud-based, it will sync with MarketMan whenever youâre connected to the internet â so you donât have to worry if youâre snapping invoices in the warehouse and donât have service.
Scanning invoices on MarketMan is simple. If you placed the order with MarketMan, it will automatically appear in your app, so all you need to do is scan the corresponding invoice from the supplier when the order arrives. If you didnât make the purchase through your MarketMan account, you can log it directly in the app and scan the invoice to match. You can also upload digital invoices received on your computer.
Managing your invoices with MarketMan can save you countless hours of tedious work thatâs prone to human error. The app has a variety of helpful features, including paperless vendor invoicing, automated accounting integrations, optical character recognition scanning directly through your mobile device, data extraction, a digital filing cabinet, and even automated accounting. All of these features help create a streamlined and highly efficient invoicing, procurement, and ordering process that covers all your bases while saving time.
MarketManâs invoice scanning saves restaurants hours of time every week and helps ensure they have all the information they need for their books. Ashley Macâs, an Alabama restaurant chain, used to spend over half an hour every day scanning invoices, but have now cut it down to mere minutes using MarketMan.
Raw Republic Miami, a Florida-based restaurant, uses MarketMan to simplify their purchasing and ordering. âInvoice scanning simplifies the receiving and accounts payable process, which saves us at least 100 hours a week across our nine locations and regional staff,â said Frank Conley, Operations Manager for Raw Republic Miami.
Ready to cut food costs, streamline inventory management, and simplify your restaurant's back-of-house processes? MarketMan offers advanced restaurant management software that automates daily tasks, eliminates inefficiencies, and provides strategic insights for your business. Take charge of your restaurant's success with MarketMan. Book a demo now to unlock your restaurant's full potential!
Talk to a restaurant expert today and learn how MarketMan can help your business