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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
Conceived in 2012 and brought to life in 2014, FoodEngine is the culmination of collaborative efforts from numerous individuals who dedicated countless evenings to its development. This innovative platform is designed to meet the comprehensive needs of restaurants, including billing, inventory management, mobile app integration, and social media marketing. As a complete ERP solution, FoodEngine is relentless in its pursuit to elevate your business to the forefront of the industry. The inventory, which encompasses the entire range of items available in a restaurant, is considered the backbone of any food establishment. Effective Inventory Control is essential, as it entails maintaining an appropriate stock balance within the store or warehouse. For restaurants, managing stock inventory is particularly vital since they often rely on forecasts that may not accurately reflect actual consumption patterns and customer demands, thereby ensuring a consistent supply chain. When these predictions fall short, the restaurant can incur significant losses from excess costs, spoiled goods, and expired inventory, highlighting the importance of precision in inventory management. Consequently, implementing an effective inventory strategy not only mitigates risks but also supports overall operational efficiency and profitability.
API Access
Has API
API Access
Has API
Integrations
7shifts
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
CIAR Software Solutions
Founded
2014
Country
India
Website
www.foodenginepos.com
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
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
Restaurant POS
Delivery Management
Gift Card Management
Inventory Management
Loyalty Program
Mobile Access
Online Ordering
Order Management
Reporting/Analytics
Separate Checks
Split Checks
Table Management
Tips Management