Meez can get you the most accurate recipe costs possible, so you can keep your profit margins and food cost % exactly where they need to be.
With Invoice Processing, all of your purchases can be linked to ingredients in your recipes, with the most current cost automatically reflected in every recipe.
Benefits
Get ingredient costs uploaded to your meez account with every scanned invoice
Track ingredient price fluctuations and spend analysis.
Downloadable inventory lists
Ensure your recipe costs and food cost percentages are always up to date
The Invoice Processing add-on includes two important features.
Purchase Reporting
With the invoice processing add-on, you’ll can access your own purchase reporting dashboard. From this dashboard you can see:
Your scanned and digitized invoices
Price fluctuations for individual ingredients over time
Category spending breakdown (produce, meat, beverage, etc)
Vendor spending breakdown
Inventory sheets
Automatic updates to ingredient costs, recipe costs, and food cost percentages.
Once you scan or photograph your invoices and send them to meez, it takes about 48 hours for them to be processed and pushed back into your meez account. Costs from those invoice line-items, once connected to a meez ingredient, will automatically update those ingredient costs. With updated ingredient costs, you can see how your food cost percentage, and profits change invoice to invoice.
Getting Started with Invoice Processing
$99 / month / location ($79/month if paid annually). $250 setup fee (one-time) applies. Available on business & premium tiers only. Contact Sales to add Invoice Processing to your account.
Sample Graphs from the Purchase Reporting Dashboard
AP Automation
Starting at $149-249 / month / location
The Level 1 Invoice processing plan PLUS:
Unlimited Invoices of ALL GL types can be uploaded to your purchase center (i.e. Utilities, Rent, all other bills, etc.)
Sync all of your bills to your accounting software in real time