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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 

Screenshots View All

Screenshots View All

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
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 

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