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Description
5-Out is a cutting-edge sales forecasting tool designed specifically for restaurants. It leverages AI and next generation machine learning technologies. 5-Out has an accuracy rate up to 98% and uses both internal data and external data to accurately predict future demand.
This software is the oracle of your restaurant, telling you what you are likely to sell and when. This software allows for efficient purchasing and optimized labor planning, which helps to prevent food waste and overstaffing.
The value of 5-Out also extends to budgeting, ensuring that managers and operators adhere to financial guidelines to maximize fiscal optimization. A clear forecast of sales allows for proactive decision-making and enables your restaurant to run more profitably.
Description
Step into the age of predictive commerce, where an AI-driven sales forecasting platform empowers you to make informed and automated choices regarding inventory management, promotions, pricing strategies, and product assortment. Harnessing the cutting-edge capabilities of AI, you can achieve unparalleled accuracy in your market forecasts. As the world grows increasingly unpredictable, having dependable and precise forecasting tools is crucial for maintaining a competitive edge. Verteego's advanced predictive AI models enable you to effectively project both regular and promotional sales across various channels, foresee potential stock shortages in your stores and warehouses, enhance cash flow, and predict customer traffic patterns during peak and off-peak times for both brick-and-mortar and digital platforms. With the ability to simulate a wide array of promotional, pricing, and assortment strategies, you can significantly boost your revenue, margins, and overall sales performance. In today’s fast-paced market, determining the ideal pricing levels, the most beneficial promotional tactics, or the best product mix can be quite challenging; however, these innovative tools are designed to alleviate that complexity. Embrace this transformative technology to streamline your decision-making process and improve your business outcomes.
API Access
Has API
API Access
Has API
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
5-Out
Founded
2020
Country
United States
Website
www.5out.io
Vendor Details
Company Name
Verteego
Founded
2008
Country
France
Website
www.verteego.com/en
Product Features
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
Sales Forecasting
Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Sales Forecasting
Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis