6 Best Restaurant Inventory Management Software

Restaurant inventory management software saves hours of admin work, provides crucial information on your par levels, and even alerts you to pricing changes for goods. These systems enable proper inventory management, which keeps costs down, products fresh, and guests happy. The best restaurant inventory management software systems sync with or are built into point-of-sale (POS) systems. 

Restaurant inventory management systems compared

My scoreMinimum monthly costContract lengthManagement EDI
MarketMan logo4.85/5$199Month-to-month or 1 yearYes
Visit MarketMan
Lightspeed Logo.4.74/5$1891 yearNo
Visit Lightspeed
xtrachef logo.4.69/5$149/feature*Not disclosedYes
Visit xtraCHEF
Yellow Dog logo.4.51/5$99/user*Month-to-month or 1 yearYes
Visit Yellow Dog
Crunchtime logo.4.43/5Custom quote1 yearYes
Visit Crunchtime
MarginEdge logo3.93/5$330/locationMonth-to-monthYes
Visit MarginEdge

All providers’ mobile systems work on iOS and Android.

*According to third-party sources

MarketMan: Overall best restaurant inventory software

MarketMan logo

Pricing: 4/5

General features: 5/5

Advanced inventory features: 5/5

Ease of use: 5/5

Expert score: 5/5

Pros

  • Offers personalized user assistance
  • Has robust POS and accounting integrations, such as QuickBooks
  • Updates inventory per transaction
  • Has a suggestive ordering feature, great for chefs new to inventory and ordering

Cons

  • May be more technology than smaller operations need
  • Can be expensive if you need a lot of invoice scans
  • Has a higher-priced base tier and installation fee

My expert opinion

Who should use it 

MarketMan is great for any restaurant setting, but its robust assistance and features make it ideal for new operators managing inventory at busy locations. 

Why I picked it 

MarketMan’s advanced inventory features, such as EDI-integrated vendors, detailed inventory reporting, and a very functional mobile app, make it our top pick. Niche tools, such as allergen tracking and by-sale reporting, set MarketMan apart from others on our list. 

MarketMan offers nearly all the features you need to track and account for your restaurant inventory accurately. The software is also very easy to use and offers in-depth training sessions for new users. However, the base price tier and installation fee can be a lot for smaller businesses.

Monthly software fees:

  • Starter: $199
  • Growth: $249
  • Enterprise: Custom

Installation fee: All new users are also charged a one-time installation fee. We were previously quoted $500 for installation. Contact MarketMan for current fees.

  • One-on-one setup: When you sign up for MarketMan, you’ll be assigned a dedicated account executive. This rep will help walk you through installing and setting up your account and tuning the software to your business’s specific needs.
  • Maximum food cost threshold: In the app, you can set a maximum food cost for each recipe. This then tracks ingredient prices, alerting you when the recipe goes over the cost. This is super helpful when trying to track or lower food costs. 
  • Vendor integrations: MarketMan comes with prebuilt integrations to 10 mainline distributors, such as Sysco and US Foods. These are an extra cost per month unless you have the Ultimate plan. This integration allows for easier order placing, credit tracking, and price analysis per ingredient. 
  • Cloud-based inventory: MarketMan tracks your data in the cloud, allowing you to take inventory counts on whatever device you’d like. This proves useful when multiple stakeholders are taking inventory counts in your restaurant.
  • Staff task tracking: In the dashboard, you can assign access levels to different staff members to delegate inventory responsibility. This tool will send you reports on their counts, which is especially handy in case of errors or discrepancies. 
  • Suggestive ordering: One of MarketMan’s newest features is suggestive ordering. This new feature uses historical sales, purchasing, and inventory data to offer an intelligent ordering forecast for your business. This can be extremely helpful for restaurants trying to establish and tighten up inventory par levels in their kitchen. 
  • Personalized assistance: MarketMan’s team of professionals is there for multiple rounds of training calls or demos, ensuring you get the software set up for your business. This extra layer of assistance is great for new users looking to truly maximize the inventory software they’re paying for.

MarketMan on a laptop.
MarketMan offers suggestive ordering based on par levels in your inventory. (Source: MarketMan)
MarketMan profitability report.
MarketMan helps you focus on profitability by category of product. (Source: MarketMan)
MarketMan invoice scanning.
Invoice Scanning is a great tool for saving time when tracking key payment information. (Source: MarketMan)
MarketMan ingredient price tracking.
MarketMan offers ingredient price tracking, broken down by each vendor. (Source: MarketMan)

Lightspeed Restaurant: Easiest to use POS-built inventory

Lightspeed Logo.

Pricing: 4.75/5

General features: 5/5

Advanced inventory features: 4.5/5

Ease of use: 5/5

Expert score: 4.25/5

Pros

  • Fully integrates into Lightspeed Restaurant’s POS system
  • Has an auto-86 feature that sets items on the menu as unavailable when necessary components are out of stock
  • Has one-click reordering that makes resupplying inventory foolproof

Cons

  • Requires Lightspeed’s POS software, which does have a pricey base cost
  • Has no free trial to see if both the POS system and the inventory software are good for your business
  • Does not support true EDI vendor integrations

My expert opinion

Who should use it

Restaurant operators looking for a new POS system or switching to a more comprehensive POS software will find value in this option.

Why I picked it

Lightspeed Restaurant’s POS software is one of the best and most comprehensive on the market. The same can be said for its inventory feature, which is now included in the base software plan. It has a variety of advanced features for managing complex inventories. You can personalize the platform to your liking, track recipe costs with live ingredient pricing updates, and even automate recurring orders based on your needs. 

Lightspeed is ranked below MarketMan simply because it is not a standalone inventory system. It requires you to use the POS system. Lightspeed Restaurant also locks you into a contract. So while it is not as flexible, Lightspeed Restaurant’s inventory tools offer everything you need for in-depth inventory management.

Monthly subscription plans*:

  • Essentials: $189
  • Premium: $399
  • Enterprise: Custom quote

*Prices are lower for users who pay fees annually and enroll in Lightspeed Payments.
Installation fee: None

  • One-click reordering: Lightspeed Restaurant depletes your on-hand inventory count as you sell items throughout the day. As supplies dwindle, your POS sends low-stock alerts and generates suggested orders from your suppliers. You can review these orders and submit them all with one click in your back-office dashboard. Lightspeed Restaurant is the only tool on this list with a one-click reordering feature.
  • Smartphone scanning: You can download the Upserve Inventory app from the App Store and Google Play and transform your smartphone camera into a barcode scanner to receive and count inventory items.
  • Color-coded order alerts: Orders change color in your inventory dashboard so you can see at a glance when a vendor order has been submitted, received by the vendor, delivered, and completed. You’ll see your order status change in real time as suppliers open and read your order emails and text messages.
  • Offline functionality: We all know the walk-in cooler has zero internet connection. Lightspeed leverages the POS system’s robust offline functionality to support inventory counts on mobile devices. When you lose internet connection, the system saves updated item quantities in your mobile device’s local cache. 
  • Auto-86’ing: Since the inventory tools are built into the POS, the Lightspeed U-Series can automatically 86 menu items you sell out of. Many freestanding inventory tools like MarketMan lack this feature. This helps prevent customers from ordering items that are actually no longer available — a major pain point in restaurant operations. 
  • Recurring orders: Lightspeed Restaurant allows you to place recurring orders automatically, with editing functionality as needed. This keeps necessary pars up to their sufficient levels without the hassle of worrying each time one runs low.
  • Margin and cost tracking: Lightspeed Restaurant helps track costs by ingredient in each recipe. As pricing data changes, so does the cost of your recipe overall. Furthermore, Lightspeed uses the sale price to showcase the margin you are getting on each dish, allowing you to make decisions with real-time, inventory-based data.
Lightspeed color coded.
Lightspeed Restaurant’s color-coded alerts are great for organization. (Source: Lightspeed)
Lightspeed Restaurant POS and dashboard.
Lightspeed’s inventory management software is built into their industry-leading POS system. (Source: Lightspeed)
Chef taking inventory.
Track your inventory anywhere with Lightspeed’s mobile app. (Source: Lightspeed)

xtraCHEF by Toast: Best for rebates

xtrachef logo.

Pricing: 4.75/5

General features: 4.58/5

Advanced inventory features: 4.5/5

Ease of use: 5/5

Expert score: 4.38/5

Pros

  • Includes vendor EDI integrations for orders and payments
  • Integrates directly with Toast’s industry-leading POS system
  • Has affordable base POS software to access the inventory tool

Cons

  • Is locked into Toast’s POS system
  • Has pricing that is not publicly listed and contract lengths that tend to be longer than those of competitors
  • Has limited available integrations

My expert opinion

Who should use it 

For restaurants with many people counting inventory or managing inventory across multiple locations, xtraCHEF is a great choice. Those focused on getting rebates will also appreciate this functionality in Toast.

Why I picked it

Toast’s POS software is among the best in the food industry — it’s among our top restaurant POS systems — and its inventory feature is no different. xtraCHEF is a fantastic choice for those who use Toast and want to add inventory management software to their businesses. 

Alternatively, those looking for a POS system with inventory management will be pleased with Toast. Its rebate program is the most robust in the industry and can help save operators a ton of money. 

Note that the system is tied to a two-year Toast subscription. The lack of barcode scanning functionality prevents the system from scoring higher.

Toast monthly software fees:

  • Starter Kit: $0
  • Point of Sale: $69
  • Build Your Own: Custom quote

Currently, adding xtraCHEF by Toast to your POS requires a custom quote, though third-party sources report a starting price of $149 per feature per month. You’ll need to talk to a Toast sales representative to understand your total costs.
Installation fee: You can typically self-install a simple Toast POS system following Toast’s excellent online tutorials and guides. You’ll need on-site assistance for more complex installations requiring a custom quote from Toast.

  • Rebate program: Your xtraCHEF system will check your orders against manufacturers’ rebates on the Buyer’s Edge platform. This rebate program helps ensure you’ve gotten the best price and earned some cash back whenever possible. 
  • Visual interface: xtraCHEF’s dashboard is designed to be visual-first. Reports condense complex cost analysis into easy-to-read charts, so there is no chance of misreading your metrics. 
  • Invoice scanning: Like MarketMan, xtraCHEF includes invoice scanning tools for easy invoice entry. Unlike MarketMan, however, there is no limit to how many invoices you can scan each month with xtraCHEF. The more you scan, the more intelligent your xtraCHEF system becomes. 
  • EDI functions: Like MarketMan, Crunchtime, and Yellow Dog, xtraCHEF includes a full EDI connection for placing orders and payments with suppliers directly from your xtraCHEF dashboard.
  • Accounts payable automation: Lost invoices can cost businesses money. xtraCHEF digitizes invoices in the cloud, where they can be easily searched on desktop and mobile devices.
  • Variance reporting: Toast is great for variance reporting, which allows you to see when inventory is not right or has an error. This can be huge for restaurants in which many different people count inventory, or when inventory is taken across multiple restaurant locations.
Operator looking at restaurant costs.
xtraCHEF delivers key tracking for your many different food or beverage costs. (Source: Toast)
Restaurant operator scanning invoice.
Toast delivers easy invoice processing by vendor. (Source: Toast)

Yellow Dog: Best for catering businesses & pour-limited bars

Yellow Dog logo.

Pricing: 4/5

General features: 5/5

Advanced inventory features: 5/5

Ease of use: 3.25/5

Expert score: 4.25/5

Pros

  • Has a monthly subscription
  • Integrates Freepour for bar inventory tracking
  • Integrates with accounting software such as QuickBooks

Cons

  • Has custom-quoted pricing
  • Has no 24/7 live customer support
  • Offers setup training for a fee

My expert opinion

Who should use it

Caterers and businesses that run ghost kitchens will find tremendous value in Yellow Dog. Additionally, restaurants that offer limited-pour bars will find use in their Freepour integration. 

Why I picked it

Yellow Dog offers detailed inventory tracking and integration of Freepour, a bar inventory software. It can update your physical inventory costs in real time, allowing you to see what’s on hand and the cost of goods sold at any given moment. Another feature ideal for caterers is its focus on commissary operations, where you can request production worksheets from these kitchens and have your inventory updated for a catering event per the report.

The system’s focus on real-time updates, available vendor integrations, and multiunit or commissary kitchen support earned it points in my evaluation. However, I docked it for a lack of transparent pricing and some shaky user reviews.

Custom-quoted: Third-party sources say Yellow Dog costs $99 per user per month. Yellow Dog doesn’t list pricing publicly, so you’ll need to contact them for a custom quote or more up-to-date pricing. While custom quotes tend to take time, they let you customize your software and only pay for the tools you’ll actually use.

Installation fee: The installation fee for Yellow Dog is also a custom quote.

  • Detailed barcode label printing: Yellow Dog’s barcode printing system supports design templates for unlimited barcode label types. You choose what information to include, from ingredients and price to nutrition information, expiration date, and graphics. 
  • Commissary kitchen support: If you supply multiple locations with prepped food from a central kitchen — commonly called a commissary kitchen—you have unique product tracking needs. Yellow Dog allows you to create internal transfers of prepared items like fresh juice blends that deplete your commissary inventory based on the attached ingredients.
  • Freepour integration: Yellow Dog is the only system on this list that integrates with Freepour, an app that counts liquor with barcode scans and an integrated scale. Because of this, there is no chance that your liquor counts will be off. You can know exactly how much wine, beer, and spirits you served down to the last drop. 
  • Connect to suppliers via EDI: As xtraCHEF, Crunchtime, and MarketMan, Yellow Dog Inventory integrates directly with the most popular restaurant suppliers via EDI. This integration downloads your vendor invoices automatically and adds them to your inventory system. Set up invoices to be processed automatically or require manager approval before posting. 
  • Rugged hardware: Yellow Dog sells inventory-counting devices that are as user-friendly as smartphones but much more secure and drop-resistant. If you don’t want to spend the money, though, you’ll find Yellow Dog’s inventory-counting and reporting apps available on iOS and Android devices.
Yellow Dog food cost.
Yellow Dog can break down menu items by ingredient for a true cost assessment. (Source: Yellow Dog)
Yellow Dog mobile app.
Yellow Dog offers a great mobile app experience. (Source: Yellow Dog)
Yellow Dog restaurant inventory map.
Yellow Dog focuses on inventory throughout the entire restaurant. (Source: Yellow Dog)

Crunchtime: Best for overall cost control

Crunchtime logo.

Pricing: 2.75/5

General features: 5/5

Niche POS functions: 5/5

Ease of use: 3.75/5

Expert score: 4.5/5

Pros

  • Offers 1,000-plus integrations, including popular restaurant POS and accounting software
  • Has a counter mobile app for extremely accurate inventory tracking
  • Has accurate sales forecasting that helps determine how much inventory you need on hand

Cons

  • Has custom-quoted pricing
  • Is a bigger system than some smaller restaurants may need
  • Has limited support and customer service hours

My expert opinion

Who should use it

Crunchtime is great for operators looking for deep, useful cost-control tools, including in-depth inventory cost analysis.

Why I picked it

Crunchtime is your best bet for knowing and controlling food costs. I personally would pick Crunchtime, as cost control was a key focus I prided myself on when I was managing restaurants. The software is so popular that brands like Five Guys and Chipotle use it. 

Advanced inventory features, such as adaptive inventory forecasting, focus on managing costs and ensuring you have the correct amount of inventory on hand. Crunchtime can also integrate with over a thousand POS software integrations. Only custom quotes on pricing and installation set Crunchtime back in my evaluation.

Custom-quoted: Crunchtime doesn’t list pricing publicly; you’ll need to contact them for a custom quote. The drawback is that every custom quote takes time, and it can be hard to tell if you’re getting a good deal. On the other hand, a custom quote lets you customize your software and only pay for the tools you’ll actually use.

Installation fee: The installation fee for Crunchtime is also a custom quote.

  • Detailed analytics: You can customize your Crunchtime dashboard and alerts to track what data you see. POS integration allows you to track profit and loss (P&L) in real time, so you can make critical business decisions in time to impact your bottom line. 
  • Crunchtime Impact: This attached mobile reporting app shows up to 50 KPI metrics on any mobile device. Impact works on Android and iOS devices and even integrates with Apple Watches, so information can be relayed immediately to those who need it most.
  • In-depth order suggestions: Crunchtime’s suggested ordering pulls relevant data and smart forecasts ahead, helping you determine what exactly is needed. This tool is vastly helpful for newer restaurant managers, so multiunit locations may prefer this service.
  • Counter: This app is available on different mobile app stores and is a great tool for in-depth inventory management. You can use the app to have multiple users take inventory on the same count sheet, reducing total time spent. 
  • Sales forecasting: This tool can help determine prep levels and coincide with the suggested orders for your restaurant. The Crunchtime ecosystem allows you to prep and order the right amounts, saving you money while keeping your inventory tracking organized and easy to access.
Fridge inventory.
Crunchtime streamlines your inventory storewide for easy access. (Source: Crunchtime)
Sales forecasting dashboard.
Crunchtime allows sales forecasting so you can compare your inventory with sales whenever you want. (Source: Crunchtime)
Inventory delivery tracking.
Crunchtime even tracks expected delivery amounts and times to help with inventory management. (Source: Crunchtime)

MarginEdge: Best for inventory management for small restaurants

MarginEdge logo

Pricing: 4/5

General features: 4.38/5

Advanced inventory features: 3.88/5

Ease of use: 2.5/5

Expert score: 4.75/5

Pros

  • Has no installation fee
  • Allows invoices to be inputted, even if handwritten
  • Has same-day budget tracking reports that support quick decision-making

Cons

  • Has no robust customer support
  • Does not support barcode scan counts
  • Is pricey compared with competitors

My expert opinion

Who should use it

MarginEdge is great for smaller restaurants that need a tool that is easy to learn and will cover the necessities of inventory tracking for their business.

Why I picked it

MarginEdge is a great inventory management option for smaller restaurants. With many great customer reviews, this software is highly regarded for small- to medium-sized restaurants. 

While it may lack some of the more advanced inventory features others in this guide have, it has very intuitive tracking software that may be all you need when managing a smaller inventory. Price change alerts, year-over-year comparisons, and other useful features make MarginEdge a solid pick for inventory management. Lacking in-depth inventory tools and some customer service support cost it some points in my evaluation.

Monthly Software Fees:

  • MarginEdge: $330 per location per month
  • Freepour + MarginEdge: $480

Installation Fee: $250 one-time setup fee, custom-quoted for groups with over five locations.

  • Invoice processing: MarginEdge makes it easy to process invoices. You can send pictures to be processed, regardless of whether they are typed or handwritten. All of your invoices are processed within 48 hours, saving you a lot of time on admin work. 
  • Inventory counting: This task can be done on your smartphone in low Wi-Fi settings, such as a walk-in. Counts can be received in various packaging types and will be converted to your total count in MarginEdge’s inventory system.
  • Growth tools: While this software is great for a single restaurant, it supports growth in commissary support and multiunit transfers. MarginEdge treats commissary kitchens as separate businesses, allowing you to manage inventory and costs easily and in an organized and compartmentalized way.
  • Accounting and credit tracking: MarginEdge helps restaurant managers track credits and ensure all invoices are paid on time to the correct vendor. Managing accounting work can be tough for small business owners, and MarginEdge alleviates this burden with robust accounting management tools for the restaurant business.
  • Freepour inventory: MarginEdge provides Freepour, an alcohol-focused inventory tracker for an extra fee. This inventory tracker can be huge for operators managing liquor inventory, as the cost of mistakes is much higher in this product type.
Person delivering restaurant goods.
MarginEdge can organize vendors for easy inventory tracking. (Source: MarginEdge)
Operator paying bills.
MarginEdge helps track bills or invoices you need to pay out to vendors. (Source: MarginEdge)
Food cost for a burger.
Food cost is one of the many features MarginEdge can help with. (Source: MarginEdge)

How to choose a restaurant inventory management software

Choosing a restaurant inventory management software is an important task that helps set your business up for success. This type of software alleviates your business’s many administrative tasks, making it easy to know how much product you have on hand. This, in turn, gives you better control over costs and a better way to serve your customers. 

Review the steps you should take when deciding on the best inventory software for your restaurant.

Step 1: Assess your current POS and budget

If you’re using a POS system, chances are they may have an inventory software built in. For example, you already have the tool to track inventory if you use Toast or Lightspeed Restaurant. If your POS has subpar inventory management software, assess how much you’re willing to spend to have this service for your restaurant. 

Step 2: Account for the size of your business

The next step is to understand the size of your business to pick the right software. For example, if you manage many commissary kitchens, choosing a service like Yellow Dog is a good bet for the best functionality. If you do not need many multiunit tools, software such as MarginEdge may be a better fit.

Step 3: Determine the support you may need for setup

Some restaurant inventory management systems offer extensive support for setup and use, while others may only provide the bare minimum. For example, MarketMan features robust setup support and can be great for those new to inventory tracking software. Your comfort with using this type of technology and what each company offers regarding support will dictate which one you decide to commit to. 

Step 4: Determine your ideal contract length

Some restaurateurs may decide not to commit to inventory management software for an extended period. Awareness of the time commitment to the software you’re considering is key. Taking advantage of free trials to see what tools truly matter to your business is a great way to find the best software.

Step 5: Use your chef community

When choosing inventory management software for your restaurant is to ask your local chef community what they use. Getting recommendations from chefs who run businesses similar to yours can give you a key understanding of which services may be the best fit. Using your local chef community is always a great idea for getting firsthand recommendations.

Step 6: Align with the features you need

The last step in choosing the best inventory software management system is ensuring that it offers the features you need to be successful. For example, if you require barcode scanning, you need to choose a system that supports this inventory tracking feature. When you choose the system that offers your desired features, you are making an investment that truly meets the needs of your business. 

How I evaluated the best restaurant inventory management systems

I have worked with many different inventory software systems and managed a restaurant without one. Without this software, hours of work are added to your plate, and I simply could not imagine not using software like this in restaurant management. That said, I considered the following criteria to rank the different software providers in this guide.

Pricing: 15%

Free trials, contract length, contract pricing, and installation fees all affected how pricing was graded. Furthermore, the cost of integrating a POS system and the overall cost a business would incur when using the software were considered.

General features: 30%

These included live sales tracking, count sheet accessibility, cloud access, low-stock alerts, outside tech integrations, and more. The features in this section should be ones that every modern inventory software should account for.

Advanced features: 30%

Advanced features considered in this review included barcode scanning, mobile count abilities, order forecasting, vendor management, and EDI integrations. These advanced features separate basic software from those that are more tailored to successful restaurant operations. 

Ease of use: 15%

Ease of use was determined by customer service hours, online support, provided training, and the ease of setup for each software. 

Expert score: 10%

User reviews determined the expert score, the value compared with the software’s cost, the general functionality of the whole product, and the service’s popularity in the industry.

Frequently asked questions (FAQs)

Below are the most commonly asked questions users have when it comes to restaurant inventory management systems. 

Restaurant inventory management allows for easy tracking of the goods you have on hand, which lets you control costs more effectively. This software also alerts you to low-stock alerts and price changes. The many tools a restaurant’s inventory management software provides can easily change how effectively a restaurant is managed.

Restaurant inventory management software tracks inventory, invoices, and pricing of restaurant goods. This software can also track invoices, integrate with vendor ordering, offer tools to manage multiple locations, and much more. Robust systems offer in-depth inventory analysis, making these tools highly effective for managing restaurants.

An effective restaurant inventory management software is effective when it tracks inventory and invoicing properly while also giving restaurant management clear data they can act upon on various topics. Furthermore, inventory software can give a much more detailed cost analysis for a business, making it easier to take steps to become more profitable. This software also saves time, making it invaluable for many food businesses.

The main benefit of inventory management software for restaurants is the cost savings these systems provide. This software helps track when items expire, alert you when more of an item must be ordered, and perform a variety of other tasks. 

In addition, food quality is always better because fresh ingredients are tracked by the inventory software. Cost savings, food quality, and easier operational control are benefits of restaurant inventory management software.

Last bite

Finding an inventory management software that works for your restaurant can be the key to unlocking savings and improving your overall operation. The best inventory management software systems give you a detailed view into your par levels and ingredient pricing and relay to your staff when orders need to be placed. 

MarketMan offers all of these features and more, and it continues to be the leading inventory management software for restaurants. With plenty of features to keep your inventory on track, we suggest it as the best for restaurants that need to manage their inventory.

Ray Delucci Avatar

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