Restaurant business intelligence & analytics software takes a restaurant’s data and then visualizes and analyzes that data. This provides restaurant owners with more insight into the performance of their business, helping them make informed decisions moving forward.
Restaurant business intelligence & analytics software helps restaurant owners gain a big-picture view of their restaurant’s performance while also providing in-depth snapshots or specific aspects of their business based on data. While a restaurant owner may use a business intelligence platform or self-service business intelligence software to achieve the same goal, restaurant business intelligence & analytics software is built for the restaurant industry with features catered specifically to the needs of restaurants. Restaurant owners and managers can adjust business strategies based on the reports and analytics provided by restaurant business intelligence & analytics software. By housing all this data in one place, information is easily organized and accessible for future reference.
Restaurant business intelligence & analytics software may be used in conjunction with restaurant management software, restaurant POS software, or restaurant delivery/takeout software, all of which collect data that may imported into the restaurant business intelligence & analytics platform. Users may also want to use small-business accounting software or accounting software to gain financial insights. Data from restaurant inventory management & purchasing software may also help provide a full view of the business.
To qualify for inclusion in the Restaurant Business Intelligence & Analytics category, a product must:
- Use restaurant business data to create reports and analytics
- Import data from a variety of sources in a variety of formats
- Provide industry-specific features for restaurants such as menu analysis and recipe costing
- Integrate with various restaurant software to provide better insights