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Average Ratings 0 Ratings
Description
5-Out is a cutting-edge sales forecasting tool designed specifically for restaurants. It leverages AI and next generation machine learning technologies. 5-Out has an accuracy rate up to 98% and uses both internal data and external data to accurately predict future demand.
This software is the oracle of your restaurant, telling you what you are likely to sell and when. This software allows for efficient purchasing and optimized labor planning, which helps to prevent food waste and overstaffing.
The value of 5-Out also extends to budgeting, ensuring that managers and operators adhere to financial guidelines to maximize fiscal optimization. A clear forecast of sales allows for proactive decision-making and enables your restaurant to run more profitably.
Description
Amazon Forecast is an entirely managed service that employs machine learning techniques to provide exceptionally precise predictions. In the contemporary business landscape, organizations utilize a range of tools, from basic spreadsheets to intricate financial planning applications, in their quest to accurately project future outcomes such as product demand, resource allocation, and overall financial results. These forecasting tools generate predictions by analyzing historical data known as time series data. For instance, they might estimate future demand for raincoats based solely on past sales figures, operating under the premise that future performance will mirror historical trends. However, this methodology can falter when tasked with managing extensive datasets that exhibit irregular patterns. Moreover, it often struggles to seamlessly integrate evolving data streams—like pricing, discounts, web traffic, and workforce numbers—with pertinent independent variables, such as product specifications and retail locations. As a result, businesses seeking reliable forecasts may find themselves facing significant challenges in adapting to the complexities of their data.
API Access
Has API
API Access
Has API
Integrations
7shifts
AWS AI Services
AWS App Mesh
Amazon S3
Craftable
MarketMan
Toast
Integrations
7shifts
AWS AI Services
AWS App Mesh
Amazon S3
Craftable
MarketMan
Toast
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
5-Out
Founded
2020
Country
United States
Website
www.5out.io
Vendor Details
Company Name
Amazon
Founded
1994
Country
United States
Website
aws.amazon.com/forecast/
Product Features
Restaurant Management
Billing & Invoicing
Built-in Accounting
Employee Management
Food Costing
Inventory Management
Kitchen Management
Menu Management
Payroll Management
Point of Sale (POS)
Reporting/Analytics
Reservations Management
Sales Tracking
Table Management
Wait List Management
Waitstaff Management
Sales Forecasting
Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis
Product Features
Sales Forecasting
Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis