MarketMan
MarketMan is an all-in-one restaurant inventory management software that automates back-of-house operations by streamlining procurement, tracking food costs, and managing recipes to help you increase your profitability.
xtraCHEF by Toast
xtraCHEF is an automated inventory and accounts payable platform designed for restaurants to digitize invoices, track real-time ingredient price fluctuations, and manage food costs to protect your profit margins.
Quick Comparison
| Feature | MarketMan | xtraCHEF by Toast |
|---|---|---|
| Website | marketman.com | xtrachef.com |
| Pricing Model | Subscription | Freemium |
| Starting Price | $179/month | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2013 | 2015 |
| Headquarters | New York, USA | New York, USA |
Overview
MarketMan
MarketMan is a dedicated back-of-house solution designed to give you complete control over your restaurant's inventory and procurement. You can automate your entire ordering process, track every ingredient from delivery to plate, and monitor real-time COGS to protect your margins. By digitizing invoices and managing recipes, you eliminate manual data entry and gain clear visibility into where your money is going.
The platform is built for restaurant owners, managers, and chefs across single-location spots or large multi-unit franchises. You can integrate it directly with your POS system to see exactly how your sales impact your stock levels. Whether you are trying to reduce food waste or streamline supplier communication, MarketMan provides the tools to run a leaner, more profitable kitchen operation.
xtraCHEF by Toast
xtraCHEF helps you take control of your restaurant's back-of-house operations by automating the tedious manual work of data entry. You can simply snap a photo of your paper invoices or upload digital copies, and the system automatically extracts line-item data, maps it to your general ledger, and syncs it directly with your accounting software. This eliminates human error and ensures your financial records are always up to date.
Beyond simple bookkeeping, you can monitor price trends for every ingredient you buy, allowing you to spot sudden cost spikes before they eat your profits. The platform also enables you to build digital recipes and calculate exact plate costs based on live invoice data. Whether you run a single independent cafe or a large multi-unit restaurant group, you get the visibility needed to make smarter purchasing decisions and keep your food costs in check.
Overview
MarketMan Features
- Automated Ordering Set your par levels and generate purchase orders automatically when stock runs low so you never run out of key ingredients.
- Invoice Scanning Snap photos of delivery invoices with your phone to automatically update prices and inventory levels without manual data entry.
- Recipe Costing Break down the exact cost of every menu item to identify high-margin dishes and adjust your pricing for maximum profit.
- Waste Tracking Log spills, spoilage, and mistakes in real-time to identify patterns and reduce unnecessary food waste across your kitchen.
- Supplier Management Centralize all your vendors in one place to compare prices, track deliveries, and manage communications from a single dashboard.
- POS Integration Connect your sales data to your inventory to see theoretical versus actual usage and spot discrepancies immediately.
xtraCHEF by Toast Features
- Automated Invoice Processing. Snap photos of invoices to automatically extract line-item data and sync it with your accounting system without manual typing.
- Real-time Inventory Tracking. Monitor your stock levels in real-time based on purchases and sales to reduce waste and prevent over-ordering.
- Recipe Costing. Build digital recipes that update automatically with your latest invoice prices so you always know your exact margins.
- Price Trend Alerts. Get notified when ingredient prices fluctuate so you can negotiate with vendors or adjust your menu pricing immediately.
- Purchasing Insights. Analyze your spending across different locations and vendors to identify opportunities for bulk savings and better deals.
- GL Code Mapping. Automatically categorize every line item to your specific general ledger codes for faster, more accurate month-end closing.
Pricing Comparison
MarketMan Pricing
- Inventory management
- Purchasing & ordering
- Expense tracking
- Recipe costing
- Menu profitability
- Mobile app access
- Everything in Operator, plus:
- Invoice scanning (OCR)
- Advanced reporting
- Production management
- Transfers between locations
- Priority support
xtraCHEF by Toast Pricing
- Limited monthly invoice scans
- Basic invoice extraction
- Mobile app access
- Digital document storage
- Basic reporting
- Everything in Lite, plus:
- Increased invoice volume
- Full accounting integrations
- Line-item price tracking
- Vendor management tools
- Standard support access
Pros & Cons
MarketMan
Pros
- Mobile invoice scanning saves hours of manual entry
- Real-time visibility into food cost fluctuations
- Seamless integration with popular POS systems
- Centralized ordering simplifies multi-vendor communication
- Detailed reporting helps identify hidden waste
Cons
- Initial setup requires significant time investment
- Mobile app interface can feel slightly cluttered
- Learning curve for building complex recipes
- Occasional sync delays with certain POS providers
xtraCHEF by Toast
Pros
- Saves hours of manual data entry every week
- Highly accurate line-item extraction from messy paper invoices
- Seamless integration with popular accounting tools like QuickBooks
- Provides immediate visibility into rising ingredient costs
Cons
- Initial setup and GL mapping requires significant time
- Mobile app can be slow when uploading many invoices
- Learning curve for staff unfamiliar with inventory software