What is restaurant inventory software?

nventory management is a core aspect of running a successful restaurant and inventory management software plays an important role in automating and optimising key tasks. It centralises management of your inventory, and allows you to integrate stock management with other aspects of your business, to make the process more accurate and efficient. Restaurant inventory software is a digital tool that helps restaurants maintain accurate records. This includes stock levels, managing supplier information and simplifying the ordering process. It serves as a central hub for tracking inventory and making sure you have the right ingredients on hand while minimising waste.

What is the best inventory management software?

If you’re seeking the best inventory management solution for restaurants, there are several leading options. Which one is right for you will depend on what you need; each option will have its own unique strengths and considerations. Read more for a comparison between softwares.

Which hospitality purchasing software is right for your business?

Access Procure Wizard is a purchase to pay system that can transform operational efficiency, control costs and streamline supply chain management while cutting invoice processing time by up to 95%.

See Procure Wizard in action Compare key features

6 mins

Written by Gosia Dudzik-Giannone.

Access Procure Wizard is a fully integrated procurement software trusted by over 7,000 UK sites

To make the best choice, start by clarifying your goals: are you looking to automate procurement, gain tighter inventory control or drive deeper insights from your purchasing data?

Once you know your priorities, compare the market’s leading systems and see at a glance which solution best aligns with your needs and ambitions. To make this easier, we've compared the core capabilities and benefits of Procure Wizard and its top competitors.

	Procure Wizard	Fourth	ApicBase	MarketMan	Purchase Warrior
Purchase Order Automation	✅	✅	✅	✅	✅
Inventory Management	✅	✅	✅	✅	✅
Real-Time Reporting & Analytics	Advanced, live data; actionable	Advanced, customisable	Standard	Standard	Standard
Automated Allergen & Nutrition Compliance	✅	✅	✅ through a database	❌	❌
Supplier Management	✅	✅	✅	✅	✅
Invoice Matching & Processing	✅	✅	Limited	✅	✅
Advanced Menu & Recipe Management	✅	✅	✅	✅	✅
Unique Price Movement Management	✅	❌	❌	❌	❌
Remote Stock Auditing/Compliance Oversight	✅	❌	❌	❌	❌
3rd Party/EPOS Integration	✅	✅	✅	✅	✅
Laundry Cost Control Module	✅	❌	❌	❌	❌
Data Export to Any Accounts Package	One-click/automated FTP	Manual process	Manual process	Manual process	Manual process

See the ROI for yourself

Our software has helped businesses achieve a 1.5% increase in credit capture. Use our ROI calculator to see how much you could be saving on credit capture by implementing Access Procure Wizard.

01 06

Cairn Group

By implementing Access Procure Wizard, Cairn Group streamlined 150,000 annual invoices, saving 5,000 working hours and recovering £185,046 in credits.

"The visibility and control over expenditure and supplier relationships has proved to be second to none, it has delivered tangible savings to our bottom line and has given the team the scope and freedom to spend time on making a real difference."

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02 06

temper

"I definitely can't imagine life without the [Procure Wizard] system now, the control it gives me, the access, the ease loading new suppliers and how it gives the operational teams what they need, I wouldn't be without it now."

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03 06

RBH

"The amount of information that we can get on allergens is much quicker, much easier than it can be on any other system."

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04 06

Dalata

"Access Procure Wizard has transformed our business. Our procurement was very much spreadsheet based but by implementing the system, it really turned that around and has given us control over everything we do."

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05 06

Loudons

"The technology they have given our business is the best on the market and when you use P2P, advanced stock, flash reporting, menus, dishes and recipes and allergen management in tandem, it really puts you in the best position to have a profitable business. We simply couldn’t control our costs without it."

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06 06

Aspers

"We were delighted with the implementation – when you think about integrating a new software system into your business it can seem a daunting prospect. However, we were taken aback at just how painless, seamless and simple the whole process was."

FAQs

How easy is it to switch to Access Procure Wizard, and what does onboarding involve?

Access Procure Wizard provides a dedicated onboarding team to guide new users through setup, configuration and training. The process is tailored to each business, minimising disruption and ensuring staff are up to speed quickly.

Can Procure Wizard integrate with our existing systems?

Absolutely, Procure Wizard offers seamless integration with various third-party platforms, including till systems (EPOS), finance packages and stock management software - via API or file-based connectors for efficient data flow and automation.