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RapidStock

by RapidStock · Since 2017
No reviews yet
Active1+ countriesCloud
Quick facts
VendorRapidStock
Year launched2017
StatusActive
Location162 rue Saint-François ouest, Québec, Qc G1K1J2, CA
Countries served1+
Languages2
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesN/A

About RapidStock

RapidStock is an inventory management software from RapidStock that provides solutions for food and beverage businesses. It combines food and beverage inventory application, inventory application for restaurant chains, and event inventory application so businesses can manage their inventory effectively. Additionally, it supports inventory application for food change and offers F&B consulting and digital change support. RapidStock is designed to cater to various needs in the food and beverage sector, allowing users to track inventory in real-time, improve operational efficiency, and improve decision-making. Key capabilities: food and beverage inventory application inventory application for restaurant chains event inventory application inventory application for food change F&B consulting and digital change support Best for: food and beverage businesses that need comprehensive inventory management solutions.

RapidStock is a leading, cloud-native Food and Beverage Inventory Management and Cost Control platform built for the demanding hospitality environment. Renowned for its mobile-first approach and seamless POS integration, the software delivers massive time savings by simplifying inventory counting through Bluetooth scale and barcode sync. Its core value proposition lies in using real-time sales data to generate variance reports and AI-driven order suggestions, empowering businesses from single bars to global chains to significantly reduce waste, control shrinkage, and improve profit margins. RapidStock is an essential tool for any hospitality operator seeking to transform manual, error-prone stock management into an automated, data-driven engine for profitability and standardization.

Pros & Cons

Pros
  • The AI-driven supplier order suggestion algorithm removes guesswork from ordering, optimizing stock levels and saving money.
  • Allows for global control, centralized reporting, and standardized cost tracking across numerous locations.
  • Compatible with virtually any POS system and integrates with Bluetooth scales
  • It reduces shrinkage and waste to improve profit margins
Cons
  • Steep learning curve for new users
  • It requires significant initial setup to input all recipes, SKUs, and supplier data accurately.

Features

Key features

Mobile F&B Inventory with Connected Devices

Allows staff to count inventory rapidly using a dedicated mobile app, barcode scanning, and syncs with Bluetooth scales to measure bottles/kegs precisely.

Integrated POS & Real-Time Variance

Connects with virtually any POS system to automatically deduct sales and compare theoretical usage against actual inventory, providing real-time variance reports to detect shrinkage, theft, and waste.

Automated Procurement & Order Suggestions

Uses sales velocity and real-time stock levels to forecast needs and auto-generate supplier order suggestions, minimizing overstocking, shortages, and improving profit margins by up to 40%.

Global Recipe and Cost Control

Centralized management of recipes and ingredients enables accurate real-time recipe costing and ensures standardized food/liquor costs and consistent quality across all locations in a chain.

Multi-Unit Management & Transfers

Built for scalability, allowing the management of an unlimited number of locations (outlets/stockrooms) with synchronized data, custom transfer rules, and real-time movement tracking.

Additional features

Real-time Inventory Monitoring

Always know what's in stock and where it is across all locations.

Dedicated Mobile Inventory Application

Allows fast, paperless counting via mobile devices (iOS/Android) with minimal staff training.

Bluetooth Scale Integration

Syncs with scales to increase measurement precision for bottles and kegs.

Integrated POS System Connection

Syncs sales data with inventory to calculate usage and variance.

Real-Time Variance Reports

Highlights the gap between theoretical and actual stock to pinpoint losses (shrinkage, waste).

Automated Supplier Order Suggestions

Uses algorithms to suggest optimal reorder quantities, minimizing shortages and overstock.

Supplier Invoice Integration

Automatically imports invoices from suppliers to update inventory purchase prices and quantities.

Recipe Costing & Profitability Analysis

Calculates the precise cost of goods sold (COS) and profit margins down to the ingredient level.

Menu Analysis/Engineering

Tools to analyze menu profitability and optimize offerings based on item popularity and margin.

Production Module

Tracks the transformation of raw ingredients into finished recipes/batches, allowing accurate costing of finished goods.

Multi-Location Management

Manage product/recipe synchronization and inventory transfers between an unlimited number of outlets and stockrooms.

Customizable KPI Dashboards

Allows users to customize the display of important performance metrics.

Granular User Permissions

Tailor user access based on individual roles (e.g., manager, staff) for control and accountability.

Inventory Transfers & Requisitions

Customizable workflow for moving stock between locations (e.g., stockroom to bar).

Offline Mode

Maintains inventory functionality and accuracy even without internet access.

Low Stock Notifications

Alerts users when inventory levels hit predefined reorder points.

Barcode Scanning

Use mobile devices to scan barcodes for fast, accurate item identification.

Accounting & ERP Integration

Connects with top accounting software for streamlined financial tracking.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Essentials
USD 119/mo
billed monthly

Countries & Languages

1
Countries served
2
Interface languages
3
Billing currencies

Available in

All Countries.

Interface languages

EnglishFrench

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP

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