Craftable
Craftable is an all-in-one hospitality management platform that integrates with your POS and accounting systems to automate inventory tracking, simplify purchasing, and protect your profit margins.
MarginEdge
MarginEdge is a restaurant management software that automates invoice processing, tracks real-time food costs, and integrates with POS systems to help you eliminate paperwork and maximize your profitability.
Quick Comparison
| Feature | Craftable | MarginEdge |
|---|---|---|
| Website | craftable.com | marginedge.com |
| Pricing Model | Custom | Subscription |
| Starting Price | Custom Pricing | $300/month |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2015 | 2015 |
| Headquarters | Dallas, USA | Fairfax, USA |
Overview
Craftable
Craftable is a comprehensive management platform designed to help you run a more profitable hospitality business. By connecting your Point of Sale (POS) system directly with your accounting software, it eliminates manual data entry and provides a real-time view of your financial health. You can manage every aspect of your back-of-house operations, from tracking individual ingredient costs to automating your entire procurement process with digital invoicing.
The platform helps you identify where you are losing money by highlighting variances between theoretical and actual usage. Whether you operate a single boutique bar or a national restaurant group, you can use these insights to optimize your menu pricing and reduce waste. It simplifies complex tasks like recipe costing and cellar management so you can spend less time on spreadsheets and more time focusing on your guests.
MarginEdge
MarginEdge is a comprehensive restaurant management platform designed to take the manual labor out of your back-office operations. By simply snapping photos of your invoices, you can automate data entry, track price fluctuations in real-time, and keep your inventory counts accurate without the headache of spreadsheets. It bridges the gap between your POS system and your accounting software, giving you a daily view of your prime costs and controllable expenses.
You can manage multiple locations from a single login, making it easier to spot trends and identify where you might be losing money on food waste or rising supplier costs. Whether you run a single independent cafe or a large multi-unit franchise, the platform helps you gain total control over your margins by providing the data you need to make smarter purchasing decisions every day.
Overview
Craftable Features
- Real-time Inventory Track your stock levels in real-time across multiple locations to prevent shortages and identify costly waste immediately.
- Automated Procurement Place orders with all your vendors through a single interface and automatically sync digital invoices to your accounting system.
- Recipe Costing Calculate the exact cost of every menu item down to the penny so you can price your offerings for maximum profit.
- POS Integration Connect your sales data directly to your inventory to see exactly what should be on your shelves versus what is actually there.
- EDI Invoicing Eliminate manual data entry by receiving electronic invoices that automatically update your item prices and inventory counts.
- Business Intelligence Access deep-dive analytics and custom reports that help you spot trends, manage labor costs, and improve your bottom line.
MarginEdge Features
- Automated Invoice Processing. Snap a photo of any invoice and let the system automatically extract line-item data for your accounting and inventory.
- POS Integration. Connect your point-of-sale system to see daily sales data alongside your real-time food costs and labor expenses.
- Recipe Costing. Build digital recipe cards that update automatically as ingredient prices change so you always know your exact plate costs.
- Inventory Management. Conduct digital counts on your mobile device and instantly see your theoretical versus actual usage to identify waste.
- Bill Pay. Pay all your vendors electronically directly through the platform to save time on manual check runs and mailing.
- Theoretical Food Costing. Compare what you should have spent based on sales against what you actually spent to find missing profit.
- Commissary Tools. Manage internal orders and production if you operate a central kitchen serving multiple restaurant locations or brands.
- Performance Reporting. Access daily P&L statements and category-level spending reports to catch budget variances before they become major problems.
Pricing Comparison
Craftable Pricing
MarginEdge Pricing
- Unlimited users and invoices
- Automated line-item data entry
- POS and Accounting integrations
- Real-time recipe costing
- Inventory and waste tracking
- Daily P&L reporting
- Everything in Full Platform, plus:
- Centralized commissary management
- Inter-unit transfers
- Consolidated corporate reporting
- Dedicated account management
- Custom implementation support
Pros & Cons
Craftable
Pros
- Seamless integration with major POS systems like Toast and Aloha
- Significantly reduces time spent on manual inventory counts
- Excellent visibility into price fluctuations from vendors
- Powerful reporting tools for multi-unit operators
- Responsive customer support team with industry experience
Cons
- Initial setup and data entry can be time-consuming
- Mobile app interface can feel slightly clunky
- Higher price point than basic inventory-only tools
MarginEdge
Pros
- Eliminates hours of manual data entry
- Excellent integration with major accounting software
- Highly responsive customer support team
- Accurate line-item detail for every invoice
- Easy-to-use mobile app for inventory counts
Cons
- Initial setup and recipe building takes time
- Handwriting on invoices can occasionally cause errors
- Learning curve for the reporting interface