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Description
CostGuard is a food costing software that enables the immediate costing and recalibration of recipes and menus. By offering suggestions for selling prices aligned with global and category benchmarks, it ensures that your ideal recipe and menu costs are finely tuned. The software’s menu engineering reports effectively highlight both “winners and losers,” enhancing your ability to boost sales and maximize profits. Additionally, CostGuard assesses shrinkage, or loss, across major food categories, smaller subsets, and even specific items. With 'Alert' reports that present usage and shrinkage data organized by dollar values, every dollar saved contributes directly to your profits. By consolidating all the overwhelming data you encounter daily, including those hidden figures, CostGuard provides you with straightforward, actionable insights that drive your business forward and help in making informed decisions. Ultimately, this software streamlines your financial management in the food industry, ensuring you remain competitive and efficient.
Description
Keeping a close eye on your Cost of Sales percentage is crucial for the success of any restaurant, as it enables you to take actionable steps to enhance operations and, in turn, boost profitability. Whether you're running a fast food outlet, a fine dining establishment, a catering service, or an institutional foodservice, grasping the interrelation of the three food cost principles is vital for determining the fate of your business. Shrinkage, which can be bluntly described as theft, poses a significant threat to profitability. This shrinkage reflects the gap between the ideal or theoretical food cost and the actual cost incurred in practice, with discrepancies typically ranging from 2% to 15%. Such variances translate into lost profits that can account for a substantial share of sales, often distinguishing between a thriving food service operation and one that faces closure. Every food service entity inevitably experiences some level of shrinkage, making it imperative to identify and mitigate its sources effectively. By addressing these issues, you can significantly enhance your operational efficiency and safeguard your bottom line.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
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
CostGuard Software
Founded
1981
Country
United States
Website
www.costguard.com
Vendor Details
Company Name
Ideal Software
Country
South Africa
Website
idealsoftware.co.za/ideal-stock-control/
Product Features
Recipe Costing
Analytics/Reporting
Demand Planning
Inventory Management
Menu Management
Nutrition/Allergen Management
Online Ordering
Point of Sale
Recipe Management
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
Product Features
Food Service Management
Costing
For Cafeterias
For Healthcare Facilities
Free / Reduced Meals
Inventory Management
Menu Planning
Nutritional Analysis
Online Payments / Funding
Point of Sale (POS)
Purchasing
Recipe Management
Schools
Tray Tracking