What Order Management Software Works With EDIs?
Electronic Data Interchange (EDI) systems can massively simplify the order management process. However, they also require a system capable of processing and analysing a far greater data load than other applications. To work successfully with an EDI, an order management platform must have a framework in place to successfully capture order data, extract relevant information and deliver it to the right departments. What Is An EDI? An EDI is essentially a document… Read More
How Can Food Costing Software Boost Profitability?
Food costing software determines food costs at the point of sale to allow a cost-effective pricing strategy. A food costing application can help regulate waste, manage costs, save time and increase the profitability of your distribution business. Some applications manage individual food item prices and check against availability, while others compute the cost of recipes and food lists. A food costing application is part inventory management system, part accounts package and part… Read More
Calculating Pricing for Food Products in the Catering Industry
Before you create a price structure for your food and drink products, there are a few essential items to think about, such as calculating demand for meal ingredients, drinks and other items used by pubs, hotels and restaurants. The price of food products switches on a regular basis, as the price of products varies with the time of year and other factors. It is smart to calculate food expenses prior to introducing a… Read More
Making Tax Digital (MTD) – VAT
How Will It Affect Me? Who’s Affected? MTD-VAT will affect all VAT registered businesses and organisations with an annual taxable turnover above the VAT threshold of £85,000. This includes unincorporated businesses, partnerships, companies, LLPs, trusts, non-UK businesses registered for UK VAT and charities. A six-month deferral will apply to around 40,000 of businesses who fall into one of the following categories: Trusts. ‘Not for profit’ organisations that are not companies (this includes… Read More
5 Food Traceability Software Benefits
Food safety is integral to the reputation and viability of the food services industry. For trust to exist that food meets the required safety and quality standards expected by consumers, a thorough traceability strategy must be in place. Traceability ensures that if a food safety issue occurs, the problem can quickly be discovered, isolated and addressed. Traceability information can be used to quickly withdraw unsafe food from the market and avoid escalation…. Read More