Supplier Price Watch
Acts as your automated procurement manager. It constantly watches the prices you pay for ingredients and alerts you the moment a supplier tries to sneak a price increase through.
How it works
- 1
As invoices are processed by the Automated Invoicing engine, every line item price is compared to the 30-day trailing average for that specific product.
- 2
If the price breaches an acceptable variance threshold, the invoice is flagged.
- 3
You receive an alert on your dashboard detailing exactly which item went up, by how much, and its impact on your recipes.
- 4
You can accept the new price, or contact the supplier to challenge it.
The Ecosystem
This feature relies heavily on the Invoice processing engine to get accurate tracking, and it directly protects the margins displayed in your Live Bar Performance dashboard.
Value to you
- Stop margin erosion caused by sneaky, unannounced supplier price hikes.
- Gain the data needed to push back and negotiate better deals.
- Ensure your menu pricing always reflects current reality.