Craftable provides a hospitality management platform that integrates purchasing, inventory, recipes, and sales data with accounting systems to enhance operational efficiency. By reducing inventory management time by 50% and accounting time by 80%, it enables restaurant operators to lower food and pour costs while making data-driven decisions.
Funding
Funding not disclosed
GCFounders
Product
Problem
Hospitality businesses often struggle with fragmented systems for purchasing, inventory, recipe management, and sales data, leading to inefficiencies and inaccurate cost tracking. This lack of integration results in wasted time, increased food and pour costs, and difficulty in making informed decisions.
Solution
Craftable offers a comprehensive hospitality management platform that integrates purchasing, inventory control, recipe management, sales data, and accounting systems, enabling operators to optimize operations and drive profitability. By syncing sales, inventory, and recipes in real-time, Craftable helps reduce food and pour costs while minimizing waste and theft. The platform automates key processes such as ordering, invoice processing, and vendor payments, significantly reducing labor hours and administrative overhead. Craftable's analytics tools provide real-time insights into sales, costs, and labor, empowering operators to make data-driven decisions and improve overall performance.
Target Audience
Craftable is designed for hotels, full-service restaurants, quick-service restaurants, and bars & nightclubs, ranging from single-site locations to multi-unit enterprises.
Features
- Real-time inventory management with actual vs. theoretical variance reporting
- Automated purchase order generation and vendor management
- Recipe costing and menu engineering tools for optimizing profitability
- Integration with 60+ POS and accounting systems for seamless data flow
- Mobile apps for iOS and Android to manage operations on the go
- Invoice processing with automated GL coding and vendor integrations
- Sales and business intelligence dashboards with customizable reporting
- Integration with Craftable Books for accounting and payments