• Invoice Processing & Restaurant Management System

    Restaurant POS & AP Automation; Food Costing; Inventory; Daily P&L

  • MarginEdge is a leading restaurant management software that gives operators real-time reporting while eliminating back-office paperwork. With MarginEdge, operators can track food and labor costs in real-time, automate invoice processing, and manage inventory and recipes from one central platform.

    Key Benefits:

    • Increase profits by making operational decisions based on real-time information
    • Save time and money by eliminating manual data entry
    • Streamline bookkeeping/accounting by automating entries to Sage Intacct


    Primary Features:

    • Seamless transfer of POS data
    • Automated invoice processing
    • Daily Controllable P&L
    • Recipe costing and Menu Analysis
    • Inventory
    • Bill Pay

    How It Works:

    Users can upload invoices multiple ways — take photos with our app, scan/email/upload attachments or integrate EDI — for all invoice and AP types, even petty cash. We relate vendor items to products (if a restaurant buys plum tomatoes from three different vendors, we associate all three SKUs with the product “plum tomatoes"). 

    After 24-48 hours, your invoice data is in our platform along with your POS data (sales and labor). With all this data we can generate and update actionable reports — recipe costing, menu analysis, theoretical usage, budgets, a daily controllable P&L, etc.

    All your invoice, sales, and inventory data flow automatically to Sage Intacct. You're in complete control of your chart of accounts, vendors, sales entry format, and invoice approval process. 

    System Requirements:
    Sage Intacct Web Services

    Price:
    Starting at $15/month for POS to Sage Intacct connection

    Integration Approved Countries:
    United States;

    About:

    Paperwork stinks. As restaurant owners, we know it. As technologists, we knew we could fix it.

    Paperwork does just… well, stink. We know you think so, too. We know this because we feel the same way! Bo and Roy, two of our founders, have more than 40 combined years of restaurant experience and built and operated over 25 restaurants around the US. Bo is the founder of Wasabi restaurants, a group of modern Japanese conveyor belt sushi restaurants, while Roy was a Joint Venture Partner within Bloomin’ Brands, most recently building and operating 15 Bonefish Grill locations. Though they had very different operating backgrounds, both struggled with the same frustrating invoice flow, inventory and recipe updating, unpredictable P&L timing and unending administrative details.

    The story might have stopped there with restaurant operators and some dreaming, but – plot twist – Bo was a successful tech entrepreneur before a successful restaurateur! Building software solutions to real-world problems was in his blood. So, he began brainstorming creative solutions to reduce restaurant paperwork and increase operating efficiencies, and he did this not only with Roy but also with long-time colleagues, friends, and successful technologists Mike and Sam. Together with Bo and Roy, the team had not just deep restaurant expertise but also more than three decades of tech company management between them.

    From our combined team and our unique combination of experience, MarginEdge was born. It was clear from the earliest days that our platform struck a chord with owners and operators of all kinds, and in less than several years of exposure, we’ve already had a fantastic time helping close to a thousand restaurants solve the very same operational challenges Bo and Roy first saw while running their own restaurants. Now, with teams in Washington, D.C., Arizona, New York, Minneapolis and Boston, we are excited about continuing to expand nationally, bringing the company’s unique vision to countless more full-service, quick-service, franchise and nightlife concepts throughout the country.


    Phone: (703) 652-0577
    Website: https://www.marginedge.com/accounting-bookkeeping/intacct/
    Year Founded: 2015
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