*Theoretical = Product Mix/Sales Report from POS x All Recipes
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Food: From Sales to Inventory
In this instance, you sold 16lbs of chicken.
[Beginning count 24lbs - Ending 5lbs]
Optimize Your Food Margins with WISK
Imagine you're selling a chicken fajita and making a $9.13 profit per order. Now, what if your supplier increased their costs, and your profit dropped to just $5 without you realizing it? You’d still be selling at the same price but losing money. With WISK, this won’t happen. By scanning your invoices, WISK updates your costs in real-time.
If a cost change occurs, you’ll get an alert, so you can decide whether to adjust your pricing. This ensures your margins stay intact and your business remains profitable. Real-time cost tracking means you’ll always know the exact cost of your ingredients, keeping your profits secure with every chicken fajita sold!
Get an idea of how WISK notifies you whenever an item cost goes up
Imagine you're selling chicken fajitas at $10 each, expecting a 20% cost percentage. Without noticing, the cost of chicken rises. Six months later, you discover you're losing $1 per chicken fajita. Thanks to WISK's cost alerts, you’re notified in real-time, enabling you to adjust your price and prevent $6,000 in losses.
Beverage: From Sales to Inventory
[Beginning count 7.5 - Ending 2.5]
Maximize Your Beverage Margins with WISK
Imagine you're serving a margarita with a gross profit of $11.11 per drink. Now, what if your supplier increased the cost of tequila or other ingredients, and your profit unexpectedly dropped to $7? You’d still be selling at the same price but unknowingly losing money. With WISK, this is no longer a concern. By scanning your invoices, WISK keeps your ingredient costs updated in real-time.
If there’s a cost change, you’ll get notified instantly, allowing you to adjust your pricing and maintain your margins. Real-time tracking ensures your margarita costs and pricing stay accurate, so you can confidently keep your $11.11 profit intact for every glass sold!
Key Benefits
Strengthen your restaurant’s efficiency by combining POS with WISK inventory management. This integration saves time, cuts costs, and optimizes your profitability.
Bar Inventory Management
Ditch the cumbersome bar inventory spreadsheets with our barcode scanning technology, which integrates seamlessly with any POS system. Our solution cuts down errors and saves you up to 20 hours per month by automating inventory tasks.
For accurate measurements of partial wine, keg, and liquor bottles, we use high-precision scales. This ensures you receive exact inventory levels swiftly, further enhancing your operational efficiency.
Restaurant Inventory Management
Experience up to 5 times faster inventory management with WISK. Our system offers real-time tracking and a comprehensive 1.5M ingredient database, along with offline capabilities to deliver insights that minimize errors and optimize cost control.
Smart Invoice Scanning
Simplify invoice management by automating the matching of invoices with purchase orders and delivery receipts. Discrepancies are flagged for your review, ensuring accurate financial records.
Just scan the invoices, and let WISK handle the rest!
Beverage Costing
WISK simplifies cost tracking to help maintain profitability. We provide cost alerts when changes occur, enabling quick reactions to save money. Users can set cost limits and receive notifications if costs exceed these limits.
WISK also tracks item sales, aiding intelligent ordering and preventing stockouts of popular items. Overstock/dead stock notifications ensure optimal inventory levels.
Menu Costing & Engineering
Accurately calculate the cost of each dish on your menu. From real-time ingredient tracking to detailed cost breakdowns, you’ll have the tools you need to keep your menu profitable and your costs under control.
Calculate the exact cost of each dish based on ingredient prices and portions
Track your margins in real time to ensure your pricing stays profitable
Get clear insights into your food costs and menu performance for better decision-making
Smart Bar Ordering Automation
WISK’s bar automation tracks every beverage down to the last drop, syncing with your POS system to provide real-time expense summaries. Gain full visibility into sales and inventory, helping you identify bestsellers and adjust your beverage selection. With automated tracking, reduce waste, optimize stock, and boost profitability, all while simplifying your bar inventory management.
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“I tried four different inventory systems, and nothing compared to WISK. It cut our inventory time by more than half, and the reports are amazing – it's a game-changer."
“WISK streamlined our chaotic inventory, saving time, reducing labor costs, and preventing theft. It's easy for my staff to manage, and we've seen significant savings.”
Leverage the right tools to elevate your restaurant and bar
Real-Time Sales and Stock Synchronization
Comprehensive Variance Reporting
Detailed Recipe Costing and Menu Analysis
Optimized Ordering and Purchasing