MarginEdge

MarginEdge is additional software that helps restaurants better manage expenditures, keep an eye on their inventory, and understand the intricacies behind their profit and loss (P&L) statements. The software isn’t for any business outside of the restaurant industry. You can get a solid overall picture of your sales, order invoices, vendors, labor and financial performance.

You don't have to worry about running out of the things you need every day because it is easy to upload vendor invoices and pay them from a mobile device. There are no pricing tiers with MarginEdge. Instead, the product team charges $300 per month for each location where you need to use the software. This price includes unlimited invoices and bills paid with no hidden fees and no costs to integrate with any software―ever.

The full recipe management system built into MarginEdge is one of the best features that eateries find useful. With the use of this system, you can maintain details on each dish that your restaurant utilizes, including a list of the materials, the cost, and even special instructions for your staff. This makes it easier to monitor food waste and control the price of product ingredients.

Rating: 4.1 (on Forbes Advisor)

Price: $300 per month (per location)
Free trial: No
Pros:

• Pay one fixed rate per month
• No contracts or set-up fees
• Integrates with your POS
• Recipe costing
• Bill pay
• Food usage report

Cons:

• As it’s built for restaurants, it’s not a good fit for other industries
• Doesn’t offer payroll