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Description
Maximizing the profit margins you gain from your suppliers can be a challenging endeavor and is often regarded as a skillful art. In the realm of purchasing, it's apparent that suppliers do not always provide their most competitive pricing. This creates a perpetual cat and mouse dynamic regarding how profits are shared between your company and the suppliers. The best pricing is influenced by how eager the supplier is to secure your business, and their level of concern about potentially losing it. So, how can one effectively and swiftly illustrate this concept? Procurement Power offers a streamlined platform where suppliers compete against one another and can clearly see their bidding positions, which ultimately creates a more equitable marketplace. Numerous Fortune 500 companies have recognized the advantages of this purchasing strategy and have been implementing various auction systems for their suppliers for several years now. It's important to note that every purchase carries its associated costs, which can fluctuate based on the nature of the item being procured and the extent of negotiations involved. Additionally, understanding these dynamics can lead to better decision-making and improved supplier relationships.
Description
Calculate your recipe food costs, calculate your margin and ratios and manage your professional order forms, recipes, and nutrition facts labels. You can save time in your day-to-day work.
Ratatool increases productivity and profitability in your restaurant.
Main features :
- Manage your recipe datasheets online (permanent online access on all your devices).
- Manage your ingredients using your supplier information (purchasing and nutritional details)
- Determine your prices and calculate your cost and margin indicators
- Create purchase orders using the revenue quantities
- Print your documents (listings, recipes / ingredients, data sheets, order forms)
- Add nutrition tags (USDA basis), automatically by ingredients, and get the recipe's value
API Access
Has API
No
API Access
Has API
Yes
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
$29/month
Free version (limited)
Professional version : $29/month
Enterprise version : $49/month
Annual reduced pricing
Professional version : $29/month
Enterprise version : $49/month
Annual reduced pricing
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Serex Procurement Solutions
Founded
2013
Country
Canada
Website
www.serexprocurementsolutions.com
Vendor Details
Company Name
ratatool
Founded
2018
Website
www.ratatool.com
Product Features
Procurement
Asset Management
No
Auction Management
Yes
Bid Management
No
Budget Management
No
Catalog Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
No
Purchase Order Management
No
Receiving
No
Requisitions & Approvals
No
Sourcing Management
No
Spend Management
No
Supplier Management
No
Product Features
Food Service Management
Costing
Yes
For Cafeterias
Yes
For Healthcare Facilities
Yes
Free / Reduced Meals
Yes
Inventory Management
Yes
Menu Planning
Yes
Nutritional Analysis
Yes
Online Payments / Funding
No
Point of Sale (POS)
No
Purchasing
No
Recipe Management
Yes
Schools
Yes
Tray Tracking
No
Recipe Costing
Analytics/Reporting
Yes
Demand Planning
Yes
Inventory Management
Yes
Menu Management
Yes
Nutrition/Allergen Management
Yes
Online Ordering
No
Point of Sale
No
Recipe Management
Yes
Restaurant Management
Billing & Invoicing
No
Built-in Accounting
No
Employee Management
No
Food Costing
Yes
Inventory Management
Yes
Kitchen Management
Yes
Menu Management
Yes
Payroll Management
No
Point of Sale (POS)
No
Reporting/Analytics
Yes
Reservations Management
No
Sales Tracking
No
Table Management
No
Wait List Management
No
Waitstaff Management
No