Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
CostGuard is a food costing software that enables the immediate costing and recalibration of recipes and menus. By offering suggestions for selling prices aligned with global and category benchmarks, it ensures that your ideal recipe and menu costs are finely tuned. The software’s menu engineering reports effectively highlight both “winners and losers,” enhancing your ability to boost sales and maximize profits. Additionally, CostGuard assesses shrinkage, or loss, across major food categories, smaller subsets, and even specific items. With 'Alert' reports that present usage and shrinkage data organized by dollar values, every dollar saved contributes directly to your profits. By consolidating all the overwhelming data you encounter daily, including those hidden figures, CostGuard provides you with straightforward, actionable insights that drive your business forward and help in making informed decisions. Ultimately, this software streamlines your financial management in the food industry, ensuring you remain competitive and efficient.
Description
Keeping a close eye on your Cost of Sales percentage is crucial for the success of any restaurant, as it enables you to take actionable steps to enhance operations and, in turn, boost profitability. Whether you're running a fast food outlet, a fine dining establishment, a catering service, or an institutional foodservice, grasping the interrelation of the three food cost principles is vital for determining the fate of your business. Shrinkage, which can be bluntly described as theft, poses a significant threat to profitability. This shrinkage reflects the gap between the ideal or theoretical food cost and the actual cost incurred in practice, with discrepancies typically ranging from 2% to 15%. Such variances translate into lost profits that can account for a substantial share of sales, often distinguishing between a thriving food service operation and one that faces closure. Every food service entity inevitably experiences some level of shrinkage, making it imperative to identify and mitigate its sources effectively. By addressing these issues, you can significantly enhance your operational efficiency and safeguard your bottom line.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
CostGuard Software
Founded
1981
Country
United States
Website
www.costguard.com
Vendor Details
Company Name
Ideal Software
Country
South Africa
Website
idealsoftware.co.za/ideal-stock-control/
Product Features
Recipe Costing
Analytics/Reporting
Yes
Demand Planning
No
Inventory Management
Yes
Menu Management
Yes
Nutrition/Allergen Management
No
Online Ordering
No
Point of Sale
Yes
Recipe Management
Yes
Restaurant Management
Billing & Invoicing
Yes
Built-in Accounting
Yes
Employee Management
Yes
Food Costing
Yes
Inventory Management
Yes
Kitchen Management
Yes
Menu Management
Yes
Payroll Management
No
Point of Sale (POS)
No
Reporting/Analytics
Yes
Reservations Management
No
Sales Tracking
Yes
Table Management
No
Wait List Management
No
Waitstaff Management
No
Product Features
Food Service Management
Costing
No
For Cafeterias
No
For Healthcare Facilities
No
Free / Reduced Meals
No
Inventory Management
No
Menu Planning
No
Nutritional Analysis
No
Online Payments / Funding
No
Point of Sale (POS)
No
Purchasing
Yes
Recipe Management
Yes
Schools
No
Tray Tracking
No