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MarketMan Launches Invoice Scanning App to Streamline Restaurant Supply Tracking Process, By – Noam Wolf, Co-Founder and CEO of MarketMan

MarketMan Launches Invoice Scanning App to Streamline Restaurant Supply Tracking Process

Invoice tracking is a well-known obstacle in restaurant operations, requiring restaurant operators to stay late or come in early to make sure everything is tracked, paid on time and up-to-date. MarketMan, the cloud-based inventory management and purchasing solution that streamlines the relationship between restaurant operators and suppliers, has launched a first of its kind invoice scanning application designed to even further streamline supply chain solutions.

The revolutionary app solves the challenges created through traditional invoice tracking done via pen and paper and prevents problems from things like lost documents and inefficient spending. By taking these issues and incorporating them into the existing MarketMan cloud-based inventory management and purchasing solution, customers are now able to easily scan and automate all invoice tracking and save time and money on the task.

“Our new invoice scanning app was introduced to provide a solution to a major time management problem in back-of-house operations,” said MarketMan CEO Noam Wolf. “MarketMan has already streamlined back-of-house inefficiencies, with our customers realizing an average 2-5% reduction in food costs within the first year of use on our platform. Now, with the introduction of the invoice scanning feature, our customers will also be able to track price changes and credits within their inventory simply by snapping a photo of the invoice on their phone.”

The app, launched in September 2017, includes paperless vendor invoicing, automated accounting integrations, OCR scanning directly through the mobile app, data extraction, a digital filling cabinet and automated accounting. Each function was introduced to allow restaurant operators to spend less time and effort tracking invoices, while simultaneously receiving alerts about price changes and cost saving opportunities.

MarketMan platform is cloud-based, therefore utilizing the invoice scanning app is quick and easy. Restaurant concepts across the country who are already using the MarketMan platform are now able to take a snap shot of all of their receipts and invoices using their smartphone, and the app will automatically begin tracking from there.

“Restaurant back-of-house is emerging from its cave and is finally joining the 21st Century,” said Wolf. “Through MarketMan and our advancements in invoice scanning, restaurant chains both large and small are armed with the technology they need to streamline operations, save money and better compete for market share. We look forward to introducing even more innovative solutions to inventory management in the years to come.”

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