Plate IQ Review
OUR SCORE 88%
- What is Plate IQ
- Product Quality Score
- Main Features
- List of Benefits
- Technical Specifications
- Available Integrations
- Customer Support
- Pricing Plans
- Other Popular Software Reviews
What is Plate IQ?
Plate IQ is a highly regarded, innovative accounting tool designed to automate finance-related processes at restaurants. It comes with an all-in-one interface that features a wide array of tools such as accounting integrations, menu and food costing, automatic price updates, and many more. Other notable features include reporting and speed analysis, which give users deeper insights into their expenses, and the integration with many different third-party applications, which extends the software’s functionality. This platform also works well with mobile devices, allowing users to monitor and do their work even while on the go. With this solution at their disposal, users can optimize their restaurant operations easily.Product Quality Score
Plate IQ features
Main features of Plate IQ are:
- Automatically digitize invoice
- Expense report processing
- Price alerts for the hot list
- Reporting
- Kitchen management
- Spend analysis
- Bill pay & reconciliation
- Accounting integration
- Menu management
- Dashboard
- Spend analysis
- Mobile App
- View price variations
- Payment sync
- Price tracking
- Automatic price update
- Price tracking
- Real-time food costing
- Automated accounts
- Menu-level cost insights
- General ledger coding
- Real-time inventory tracking
Plate IQ Benefits
The main benefits of Plate IQ are its great accounting capabilities, cloud storage that makes referencing convenient and easy, powerful POS for easy price tracking, and features that make menu costing easier. Here are more details:
Great Accounting Capabilities
Plate IQ lifts the burden of time-consuming and laborious manual data entry from the restaurant personnel’s shoulders by offering features that automate the said process. With its powerful features, assigning every line item to the right GL code and syncing the information to the accounting software becomes easier.
Easy Access to Database
All accounting related information acquired through the platform is stored in the cloud for convenient and easy referencing. Users can store all product and pricing information as well as digitized invoices in the database. The unified database helps streamline the user’s workflow.
Price Tracking Made Easier
Plate IQ comes with a POS that makes price tracking easier. The POS allows users to track any price changes made in the platform’s dashboard prior to making any major purchase. Also, users will be able to compare pricing for various locations as well as track their spending by category in a convenient and easy way.
Recipe/Menu Costing and Bill Pay Features
Plate IQ gives its users a deeper insight into the return of investments of their menu items through the recipe/menu costing. This capability enables them to determine the price of every dish available easily. In addition, the software comes with a bill pay feature which syncs all payments to the general ledger, making it easier for the staff to do reporting and reconciliation. Restaurant owners and finance teams can also use this digital platform to pay their vendors.
Technical Specifications
Devices Supported
- Web-based
- iOS
- Android
- Desktop
Customer types
- Small business
- Medium business
- Enterprise
Support Types
- Phone
- Online
Plate IQ Integrations
The following Plate IQ integrations are currently offered by the vendor:
- Xero
- Restaurant365
- Compeat
- ReciProfity
- Microsoft Dynamics
- Square
- Quickbooks
- Sage
- Intacct
- NetSuite
- Fintech
- Toast
Video
Customer Support
Pricing Plans
Plate IQ pricing is available in the following plans:
