growyze provides inventory management software designed for food and drink businesses to streamline stock control operations. The platform automates purchasing, stocktaking, and recipe costing while validating supplier invoices against deliveries to minimize waste and profit loss. This system integrates with existing POS and accounting software to offer real-time insights into stock value and menu profitability.
Funding
$850K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Food and beverage businesses often struggle with inefficient inventory management due to manual stocktaking, inaccurate invoice validation, and fragmented supplier communication. These inefficiencies lead to stock discrepancies, wasted time, and ultimately, reduced profitability.
Solution
Growyze offers a stock control and accounting software platform tailored for the food and beverage industry, designed to streamline inventory management and improve profitability. The platform utilizes barcode scanning for efficient stock counts and automates three-way invoice validation to cross-check orders, deliveries, and invoices, minimizing discrepancies. By providing a single digital trail for supplier orders and automating repetitive tasks, Growyze helps businesses catch hidden losses, optimize their supply chain, and gain real-time insights into their stock value and menu profitability.
Target Audience
Growyze is designed for hotels, restaurants, multi-location cafes, bars, and other food and beverage businesses seeking to streamline inventory management and improve profitability.
Features
- Mobile-friendly app enabling barcode scanning for stocktaking on any smartphone
- Automated three-way invoice validation to reconcile supplier orders, deliveries, and invoices
- Recipe management feature to store dish details, track nutritional information, and calculate profitability
- Real-time reporting on stock discrepancies, theoretical vs. actual gross profit, and supplier price changes
- Integration with various POS systems and accounting software for seamless data flow
- Role-based access control to manage team member permissions for stock counting and ordering
- AI-powered suggestions for recipe optimization and waste management