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RapidStock

by RapidStock · Since 2017
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Active1+ countriesCloud
Quick facts
VendorRapidStock
Year launched2017
StatusActive
Location162 rue Saint-François ouest, Québec, Qc G1K1J2, CA
Countries served1+
Languages2
Integrations
Free tier
Free trial
Contact sales

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

What users like
  • +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
What users flag
  • 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

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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