xtraCHEF by Toast
xtraCHEF by Toast
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xtraCHEF by Toast User Reviews and Product Details
Product Information
xtraCHEF by Toast is a restaurant inventory management platform designed to streamline various BOH operations within the restaurant industry. The platform has financial and operational management tools that improve efficiency, reduce manual labor, and enhance profitability for restaurants of all sizes and types.
By integrating with Toast’s broader ecosystem, xtraCHEF offers a centralized solution for invoice processing, food cost management, inventory control, and actionable analytics, making it easier for restaurant operators to manage their businesses more effectively.
The software specializes in automating tedious tasks that traditionally take time in the restaurant business, such as data entry for invoice processing and inventory management.
xtraCHEF’s key features include automation of invoice processing. This feature lets restaurateurs capture and digitize invoice data, providing real-time insights into ingredient prices and inventory levels. This functionality allows restaurants to closely monitor and control food costs, identify price fluctuations, and optimize their margins.
The platform also has inventory management and recipe costing tools that help restaurateurs minimize waste and ensure profitability across their menus.
xtraCHEF integrates with accounting systems and point-of-sale (POS) platforms to streamline operations further. These integrations allow restaurant owners and managers to access a complete view of their financial performance and operational efficiency from anywhere, at any time.
With xtraCHEF by Toast, restaurants can not only simplify their back-office processes but also gain insights that drive better decision-making and ultimately enhance the guest experience.
xtraCHEF by Toast Pricing
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Custom Quote Required
Custom quote is needed for pricing.
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xtraCHEF by Toast Features
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xtraCHEF by Toast Reviews
xtraCHEF by Toast FAQs
What is xtraCHEF by Toast?
xtraCHEF by Toast is a set of automated operational and financial management tools for restaurants. It’s designed to help restaurateurs manage inventory, better control food costs, and automate invoice processing.
How does xtraCHEF by Toast work?
Customers scan invoices and upload them into the platform. xtraCHEF by Toast then turns the invoices into actionable insights that help restaurants save time and money.
The platform syncs data from the scanned invoices and Toast POS directly into a restaurant’s accounting system. This allows for in-depth analysis of financial data such as on fluctuating costs.
Why was xtraCHEF acquired by Toast?
Toast acquired xtraCHEF to integrate its suite of back-office tools, including inventory management and invoice automation, with Toast’s comprehensive restaurant management platform.
This acquisition is part of Toast’s strategy to provide an all-in-one restaurant management platform to its customers.
What benefits does integrating Toast POS with xtraCHEF offer?
Integrating Toast with xtraCHEF enables restaurants to automatically capture ingredient-level purchase data from invoices and directly compare it with sales and revenue data from Toast POS.
What specific features does xtraCHEF by Toast offer?
The main features of xtraCHEF by Toast include:
- Invoice processing automation.
- Food cost monitoring and management.
- Inventory Management.
- Recipe Management.
Can xtraCHEF by Toast help with budgeting and forecasting?
Yes, xtraCHEF by Toast includes a number of reports that can help with budgeting and forecasting.
Toast can also sync data from scanned invoices to a restaurant’s accounting system.
How does xtraCHEF by Toast improve menu profitability analysis?
xtraCHEF by Toast provides data and reporting necessary for conducting menu profitability analysis. It does this by integrating sales and food costing data into the platform, allowing customers to analyze various menu profitability metrics and reports, such as actual vs. theoreticals, recipe profitability, and more.
Does xtraCHEF by Toast provide inventory management tools?
Yes, xtraCHEF by Toast provides inventory management tools.
It can be used to perform inventory counts, monitor inventory stock levels, and provide COGS reports based on inventory usage.
It can also be used for supplier management and purchases.
What support and training does xtraCHEF by Toast offer?
xtraCHEF by Toast has phone and email support that’s available 24/7/365.
They also have online resources such as a KnowledgeBase and live webinars.
For new customers, xtraCHEF by Toast provides dedicated onboarding training to get started.
What kind of reports does xtraCHEF by Toast provide to improve business insights?
xtraCHEF by Toast provides a variety of reports designed to enhance business insights, including:
- Actual vs. Theoretical Variance Reporting.
- Product Mix (PMIX) Margin Report.
- Depleting Inventory & Par Level Reporting.
- Operating Summary Report.
- Declining Budgets.
- Unit Comparison Dashboard.
- Food Cost Weekly Dashboard.
These reports allow restaurant owners and managers to analyze financial performance, monitor inventory levels, compare unit performance, and drill down into food cost ratios.
Does xtraCHEF by Toast have a mobile app?
Yes, xtraCHEF by Toast has a mobile app. It’s available on iOS and Android devices.
The app is used to take pictures of invoices to get them processed into the platform.
Integrations
Toast
QuickBooks
Toast