CALCULATE FOOD COSTS WITH FOODNOTIFY

Food costing software for restaurants

Maximize your profitability with our food cost calculation software designed for the food service industry. Easily create your recipes and automatically receive updated cost of goods sold for all dishes.

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Food costing software restaurants

2%
Avg. optimization of cost of goods sold

300+
Companies calculate food costs with FoodNotify

50% 
Time saving in recipe management

MODERN, CENTRAL, AND DIGITAL

Your software for profitable food costing for restaurants

Modern recipe costing

Modern recipe costing

Thanks to the connection to Procurement, all product data is transferred from your suppliers and imported into the system. Each recipe that you create in FoodNotify contains all automatically updated data of the individual ingredients, such as prices, quantities, or allergens. This allows you to keep track of the cost of goods sold (COGS) for all dishes and beverages and to calculate the optimal price on this basis.

Control over COGS

Control over COGS

With our food costing software for the food service industry, you define limits and set maximum deviations in percent. If the COGS exceeds or falls below your thresholds, you will be alerted via notification. In your recipes, you can also keep track of the status of your cost of goods sold – displayed with a red or green dot.

Clear overview

Clear overview

In the individual recipes, you can see not only the current cost of goods sold, but also previous values. This way you know how the values have changed within a certain period of time or whether the prices are profitable. Another benefit of food costing with FoodNotify: Your target and actual COGS are clearly displayed in a chart.

Modern recipe costing

Thanks to the connection to Procurement, all product data is transferred from your suppliers and imported into the system. Each recipe that you create in FoodNotify contains all automatically updated data of the individual ingredients, such as prices, quantities, or allergens. This allows you to keep track of the cost of goods sold (COGS) for all dishes and beverages and to calculate the optimal price on this basis.

Control over COGS

With our food costing software for the food service industry, you define limits and set maximum deviations in percent. If the COGS exceeds or falls below your thresholds, you will be alerted via notification. In your recipes, you can also keep track of the status of your cost of goods sold – displayed with a red or green dot.

Clear overview

In the individual recipes, you can see not only the current cost of goods sold, but also previous values. This way you know how the values have changed within a certain period of time or whether the prices are profitable. Another benefit of food costing with FoodNotify: Your target and actual COGS are clearly displayed in a chart.

RECIPE COSTING MADE EASY

What you get with our food costing software

Automatic COGS

With the connection to Procurement, you automatically receive the current cost of goods sold for your recipe, without any manual calculation. If the costs of your ingredients change, the COGS will also be updated.

Alert feature

Define your target cost of goods sold in percent for your food and beverages. As soon as the costs of your ingredients change – and therefore your COGS – you will be alerted directly via notification.

Keep track of your COGS

One of our most popular features: The complete overview of all your food and beverages with an indication of whether the cost of goods sold is within the desired range. This way, you always keep an eye on the cost of goods sold of your current menu.

Optimized menu prices

Your food cost calculation is now based on the actual costs of your ingredients. This way, you not only ensure optimized COGS, but also profitable menu prices.

Data quality

Thanks to the supplier connection we get all information about your products from your suppliers into our system, such as costs of ingredients, allergens and more. This way, we enable data with the highest quality without any effort.

Metrics and statistics

Our solution for food costing supports you in managing all your metrics: From sales price to cost of goods sold to cost of your ingredients.

RESOURCES

Helpful resources on food cost calculation for restaurants

BLOG

7 ways to reduce your cost of goods sold

From pricing to procurement to menu: We show you tips on how to optimize your restaurant’s COGS, your metrics, and your business.

READ MORE
Restaurant mit offener Küche
BLOG

How you optimize your menu with the best seller, slow seller analysis

Learn how to stay competitive thanks to the best seller, slow seller analysis of your menu, optimizing your cost of goods sold and pricing.

READ MORE
MEET THE USERS

Customers who calculate cost of goods sold with FoodNotify

Sausalitos
Ruby Hotels
Peter Pane
AHOI
Gustoso
Enchilada
SECRET INGREDIENT: SMART CALCULATION

What our customers say

Enchilada Gruppe

How Enchilada Gruppe ensures optimized cost of goods sold

With over 70 locations, Enchilada Gruppe is one of the largest hospitality companies in Germany and offers a wide range of diverse culinary experiences with numerous concepts.

Before introducing FoodNotify, Enchilada Gruppe used to calculate dishes manually. Now, the company relies on COGS that are automatically calculated for each dish. If the cost of goods sold increases, the system issues a warning message. For the company, this is a very good solution, as locations can react and adapt more quickly.

RITA bringt's

How Rita and her team calculate food costs with our solution

As Vienna's first vegetarian delivery service, RITA bringt’s prepares healthy meals with fresh ingredients of the highest quality and delivers them to its customers by bike. 

All recipes including ingredients, nutritional values, allergens, and daily updated prices are already neatly stored in the recipe database. Rita and her team simply search for the recipe that needs to be cooked and use our program to calculate the cost of goods sold. This way, they can see all costs and, if necessary, know immediately that the COGS is too high and that cheaper ingredients should be used.

OUR SOFTWARE

Solutions developed for the hospitality industry

FoodNotify Procurement

Procurement

Reduce cost of goods sold through controlled and streamlined ordering

  One platform with all suppliers
  Standardized ordering
  More control through assortment restrictions
  Order from anywhere via the FoodNotify App

 

EXPLORE

FoodNotify Recipes

Recipes

Ensure easy and accurate recipe management, labeling, and food cost calculation in your restaurants

 Central management of all recipes and food cost calculation
  Automatic calculation of COGS
  Tracking of all cost of goods sold
  Overview of COGS according to period of time
  Automatic product data from suppliers
  Labeling of allergens, carbon emissions and more

EXPLORE

FoodNotify ERP

ERP

Enjoy easy controlling and more precise ordering through smart warehouse management

  Connected to Procurement and POS system
  Real-time stock level
  Automatic control of incoming goods
  Simple controlling
  Digital inventory

EXPLORE
LEVEL UP

Get even more out of FoodNotify

Take your business to the next level with Catering and Analytics and our integrations with third-party systems.

Catering

Catering

Manage and plan your catering projects in one place and optimize cost of goods sold, costs, and food waste.

Gastro-Analytics

Analytics

Your individual dashboard shows you all important metrics, evaluations, and information for your business in real-time.

Erweiterungen

Integrations

Connect FoodNotify to third-party systems, such as POS or invoice management systems, to further optimize your processes.

LET'S GO

Ready for optimized food cost calculation?

Get to know our modern recipe costing software designed for the hospitality industry. Our team will show you how to calculate with FoodNotify, determine your cost of goods sold and manage your recipes centrally. This way you benefit from cost minimization.

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