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MarginEdge

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Start managing your restaurant for $300/month with annual billing

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MarginEdge Review - Features, Pricing & Deals

MarginEdge offers restaurants a comprehensive management solution that automates back-office tasks and streamlines daily operations. The software connects with existing point-of-sale systems and accounting platforms to provide real-time insights into food costs, labor expenses, and inventory levels.

The platform handles everything from invoice processing and inventory tracking to recipe management and financial reporting. Restaurant owners can upload invoices through a mobile app or email, while the system automatically extracts and processes the data. This automation extends to bill payments, ordering, and accounting system integration.

Built specifically for the food service industry, the software helps restaurants track daily profit and loss, manage recipes, and analyze menu performance. It supports both single-location establishments and multi-unit operations, with features for managing internal transfers and commissary kitchens.

The monthly subscription starts at $300 per location when paid annually, with additional options available for enhanced features and integrations. Users gain access to over 60 POS system integrations and connections with major accounting software like QuickBooks and Xero.

For restaurants looking to reduce manual data entry and gain better financial visibility, MarginEdge combines core management tools with detailed analytics in one central platform. The system aims to help owners and managers make more informed decisions about their operations through automated tracking and reporting.

Online Reviews (Last 6 Months Summarised)

MarginEdge offers restaurant operators a solid software solution with strong integration capabilities and helpful features like recipe costing and invoice processing. Users appreciate its ability to streamline back-office tasks and provide efficient operational support. The platform's customer service stands out as particularly responsive and helpful to users navigating restaurant management challenges.

However, the software isn't without drawbacks. Its OCR technology sometimes struggles with complex invoices, occasionally misinterpreting item breakdowns. Some users have reported payment processing delays and noted the current absence of a labor management module. While these limitations exist, the overall sentiment suggests MarginEdge remains a useful tool for many restaurant businesses seeking operational efficiency.

Features

  • Real-Time Cost Tracking: Monitor food expenses instantly as invoices are processed, identifying price changes and generating daily profit and loss statements for restaurants.
  • Automated Invoice Processing: Upload invoices through mobile app, email, or EDI, eliminating manual data entry with automatic extraction from various invoice types.
  • Inventory Management: Simplify tracking by comparing purchased items with sales data, automating food usage calculations and helping optimize inventory levels.
  • Recipe and Menu Management: Centralize recipe management with real-time ingredient price updates and menu engineering tools to analyze item profitability.
  • Back Office Efficiencies: Automate bill payments, ordering, and system syncing, supporting multi-unit locations and managing internal transfers.
  • Integration Capabilities: Connect with over 60 POS systems and accounting software like QuickBooks, enabling comprehensive financial insights.
  • Daily Financial Reporting: Generate daily profit and loss statements, track budgets across categories, and provide actionable financial management tools for restaurants.

Pricing

  • Basic Plan costs $330 per month per restaurant location when paid monthly.
  • MarginEdge offers an annual discount of $300 per location per month when paid yearly.
  • MarginEdge + Freepour Plan is available at $480 per month per location.
  • QuickBooks Online Plus integration adds an extra $90 per month to the base pricing.
  • Each restaurant location is priced separately, with full feature access included in the base pricing.

Frequently Asked Questions

What does MarginEdge actually do for my restaurant?

MarginEdge handles your restaurant's back-office tasks by digitizing and automating things that take up too much time. It scans your invoices, tracks food costs, manages recipes, syncs with your POS system, and gives you daily financial reports. Think of it as your digital assistant that takes care of paperwork and number-crunching so you can focus on running your restaurant. Most owners tell us they save 10-20 hours of office work each week.

How does the invoice processing work?

It's pretty simple. You take a photo of your invoice with the MarginEdge app, email it, or have vendors send it directly. The system reads all the information (even handwritten notes!) and pulls out the important data. Your invoices get processed within 24 hours, and the costs automatically update in your system. You don't have to type in any numbers or file paper invoices anymore. The system also catches price changes from your vendors so you know when costs go up.

Can MarginEdge really help me improve my food costs?

Yes! Most restaurants see a 2-5% drop in food costs after using MarginEdge for a few months. The system shows you exactly what you're spending on ingredients in real-time and compares it to what you should be using based on sales. You'll spot waste problems, see which menu items are hurting your profits, and notice when vendor prices jump. Many owners tell us they found costly mistakes they never would have caught without these daily insights.

How hard is it to set up and learn?

Setup usually takes about two weeks. The MarginEdge team helps connect your POS system, set up your chart of accounts, and train your staff. Most people find the basic features easy to learn within the first week. The mobile app is straightforward, and the dashboard shows the information that matters most to you right up front. They also offer training videos and a help center you can access anytime. Users say the hardest part is just getting in the habit of taking photos of all invoices.

What accounting software does MarginEdge work with?

MarginEdge works with QuickBooks Online, QuickBooks Desktop, Xero, and Sage Intacct. The system sends clean, organized data to your accounting software and can create custom accounts. This saves your bookkeeper tons of time and reduces errors. Many restaurants report cutting their accounting bills by 30-50% after switching to MarginEdge because the data is so much cleaner when it reaches their accountant.

Last Updated
March 4, 2025 13:14

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