STO Assist

F&B Cost-Control

F&B Cost Control

The Key to Profitability and Efficiency

Effective F&B cost control is at the heart of running a profitable restaurant. From managing inventory to tracking expenses, every penny matters. STO Assist’s cost control solutions ensure that your restaurant maintains financial efficiency without compromising on quality.

F&B Cost Control
STO Assist

F&B Cost Control

Master Data Configuration:
The Foundation of Cost Control

The master data configuration thus provides a structured basis for financial accuracy through a database of ingredients, suppliers, and pricing, which decreases errors while contributing to cost transparency, correct product categorisation, and promptness in updating the price, as well as tracking of suppliers.

Invoice Management:
Automatic Expense Tracking

Manual administration of invoices may result in miscalculations and missed payments. The automated invoice management system controls the recording of expenses systematically, allowing payments to the various suppliers and real-time monitoring of costs for transparency.

Transfer & Adjustments:
Managing Stock Movement

Proper tracking of internal stock transfers and adjustments is necessary for effective inventory control. Whether moving ingredients between locations or adjusting stock levels, STO Assist ensures every transaction is recorded for accurate cost calculations.

Recipe Management:
Costing Every Dish to Maximise Margins

Knowing the cost per dish helps to maintain a healthy profit margin. Recipe management ensures standardisation in portion sizes and minimises wastage, so that prices change according to variations in ingredients so that your menu stays profitable as well as competitive.

Physical Stock Count:
The Inventory Control Process

Regular stock counts are essential to avoid losses and accurately report the levels of inventory. Our STO Assist will help you optimise stock-counting procedures, helping to identify any discrepancies in your stock level.

Stock Count Reconciliation & Data Entry:
Ensuring Accuracy

Reconciliation is essential, even during regular stock counts, when matching physical inventory to recorded data. STO Assist promotes ease in data entry, variance tracking, and reporting that aids in further reducing errors and sharpening your overall financial oversight.

Stock Audit:
Identification of Cost Leakages

A thorough stock audit will aid in the identification of waste, theft, and inefficiencies in the handling of inventory. Through real-time tracking and automated auditing tools, you get full transparency into the usage and purchasing trends of your stock.

Management Reporting:
Financial Insights at Your Fingertips

Gross profit, cost of goods sold, and stock variances are the essential things that help restaurateurs make financial decisions that help them operate better. Our management reporting tools provide detailed costs and profitability insights.

Analytical Reporting:
Understanding Purchase & Menu Performance

Besides basic financials, analytical reporting focuses more on purchases, product profitability, and menu performance. It helps refine a purchasing strategy and spotlight the creation of dishes with high margins in which revenue is generated.

Stock Optimisation:
Minimise Waste and Maximise Profit

Optimised stock means sorted purchases and not much wastage. STO Assist will help in stock optimisation predict the demand, improve supplier relationships, and maintain optimal stock levels; you are never out of the key ingredients you need, yet you are not overbuying anything.

Spirit Testing:
Liquor Control & Compliance

Controlling alcohol stock ensures there would be no shrinkage and, therefore compliance. This is because measuring liquor usage involves spirit testing, which reduces loss by consistent drink quality.

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Stocktake is an automated inventory management system designed for small and medium-sized businesses. It allows you to configure it according to your needs, using a simple web interface, reducing manual work, and letting the system manage your stock. Get in touch with us today!

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