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MarginEdge

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Last updated on

Company health

Employee growth
10% increase in the last year
Web traffic
12% increase in the last quarter
Financing
June 2022 - $80M

Ratings

G2
4.4/5
(22)
Capterra
4.6/5
(47)
Glassdoor
4.9/5
(115)

MarginEdge description

MarginEdge is restaurant management software that provides real-time insight into food and labor costs. Its features simplify tasks like invoice processing, inventory management, and menu analysis. By integrating with POS and accounting systems, MarginEdge gives a comprehensive overview of your restaurant's financial health, helping you make informed decisions to improve profitability. It's designed by restaurant professionals for the specific needs of the industry.


Who is MarginEdge best for

We find that MarginEdge is an ideal solution for restaurant and brewery owners/operators. It doesn't matter if you're running a single location or multiple units; MarginEdge helps streamline operations, control costs, and provide real-time insights into your financial performance. Based on user feedback, the real-time cost insights and user-friendly interface stand out, making it easier to manage invoices, inventory, and menu analysis. Plus, its seamless integration with systems like QuickBooks is a big win.

  • Great for SMBs (1-100 employees) and mid-sized companies (101-1000 employees) seeking better cost control and streamlined operations.

  • A strong fit for businesses in the Healthcare, Wellness, and Pharma industries looking to optimize their restaurant management processes.


MarginEdge features

Supported

Invoice Processing: Automated invoice processing to eliminate manual data entry.

Supported

Bill Payments: Bill Payments

Supported

Cost Management: Real-time insights to help make informed decisions, including daily P&Ls, price changes, and food usage/waste tracking.

Supported

Inventory & Ordering: Tools to simplify inventories and measure food usage by comparing purchases, sales, and on-hand counts.

Supported

Recipes & Menu Analysis: Menu engineering tools that show theoretical costs based on real-time ingredient prices and PMIX data to identify profitable menu items.

Supported

AP Automation: AP Automation

Supported

Back Office Efficiencies: Assistance with bill payments, ordering, syncing with accounting and POS systems, managing product costs, and handling internal transfers between multi-unit locations.


MarginEdge reviews

We've summarised 69 MarginEdge reviews (MarginEdge Capterra reviews and MarginEdge G2 reviews) and summarised the main points below.

Pros of MarginEdge
  • Real-time insight into food and labor costs, improving profitability.
  • User-friendly interface for invoice processing, inventory, and menu analysis.
  • Seamless integration with POS and accounting systems, especially QuickBooks.
  • Accurate recipe costing that updates with current prices.
  • Excellent and responsive customer support.
Cons of MarginEdge
  • The mobile app lacks functionality and requires logging into the website.
  • Recipe builder has bugs and can be difficult to use.
  • Invoice processing errors occur, such as credits being applied incorrectly.
  • Product mapping issues, with sales items not automatically mapping to recipes.
  • Occasional bugs and glitches in the system, particularly on the app.

MarginEdge pricing

The commentary is based on 8 reviews from MarginEdge Capterra reviews and MarginEdge G2 reviews.

We find that MarginEdge's pricing is generally considered worthwhile due to its extensive features and time-saving automation, particularly for invoice processing and inventory management. Some users mention setup time as an initial investment.

See the MarginEdge pricing page.

MarginEdge
$297 per location/month

Product price monitoring & alerts, Easier inventory tools, Recipe management with robust menu analysis, Free vendor statement reconciliation and Bill Pay, No-fuss invoice processing

MarginEdge + Freepour
$432 per location/month

All the insights MarginEdge offers, The Freepour smart scale, Precise liquor counts, Increased team accountability, Lightning fast inventory


MarginEdge alternatives

  • Logo of Supy
    marginedge vs Supy
    Control food costs, reduce waste, and boost restaurant profits.
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  • Logo of OpenTable
    marginedge vs OpenTable
    Restaurant reservations, table management, and guest insights.
    Read more
  • Logo of CenterEdge Advantage
    CenterEdge Advantage
    Streamlines operations for entertainment venues with all-in-one management.
    Read more
  • Logo of Maitre'D
    Maitre'D
    Restaurant POS: Streamlined operations, real-time insights, and flexible control.
    Read more
  • Logo of MarketMan
    MarketMan
    Restaurant inventory and ordering, simplified. Save money, reduce waste.
    Read more
  • Logo of Restoke
    Restoke
    AI-powered restaurant management for smarter food costs and operations.
    Read more

MarginEdge FAQ

  • What is MarginEdge and what does MarginEdge do?

    MarginEdge helps restaurants manage costs and boost profits. We find it provides real-time data on financials, simplifies invoices and inventory, and offers menu analysis tools. It integrates with POS and accounting systems for a complete financial overview.

  • How does MarginEdge integrate with other tools?

    MarginEdge integrates with POS and accounting systems, providing a comprehensive financial overview. It seamlessly connects with various tools, including popular accounting software like QuickBooks, streamlining data flow and eliminating manual entry. We find this level of integration key for efficient restaurant management.

  • What the main competitors of MarginEdge?

    We find MarginEdge's main competitors include Supy, Crunchtime, Restoke, and MarketMan. These alternatives offer similar functionalities, such as inventory management, cost control, and operational streamlining for restaurants. OpenTable focuses on reservations and Foodics on POS systems, so they serve slightly different needs.

  • Is MarginEdge legit?

    Yes, MarginEdge is a legitimate restaurant management software. We find that users generally praise its real-time cost insights and integrations. However, some have reported issues with the mobile app and occasional bugs. Overall, it appears to be a reliable platform.

  • How much does MarginEdge cost?

    MarginEdge's core plan costs $297 per location monthly. For restaurants with liquor programs, the MarginEdge + Freepour plan is available for $432 per location monthly. There's also a one-time setup fee, starting at $250.

  • Is MarginEdge customer service good?

    We find that MarginEdge's customer service is generally considered excellent and responsive. While some users have reported occasional negative experiences, the overwhelming majority praise the helpfulness and efficiency of their support team.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.