Are you drinking your profits? Start controlling your liquid assets by using Drinking the Profits, an online computer program designed to control the beverage costs of your business.
Drinking the Profits will provide you with all the tools you need to ensure profitability of beverages within your business.
An online computer program, it is designed to generate beverage costs, stock control, order sheets, recipe cards, electronic ordering and invoice management.
Drinking the Profits provides processes and functions to ensure you can operate a successful and profitable bar. You will gain greater insight and control over purchasing products, stock management and cost of goods.
Integrating Drinking the Profits with your POS system gives you the ability to truly understand your live beverage costs at the click of a button rather than waiting for a profit & loss report at month-end. This allows you to rectify beverage overspends or recommended sell prices in an instant.
You’ll get a complete and in-depth awareness of the actual cost of all beverages leaving your bar while allowing you to reduce wastage and identify where you can make savings.
You’ll be able to sync your stock levels accurately within Drinking the Profits by decrementing sales generated in your POS terminal, meaning you will always know what you have and what you need.
Drinking the Profits can also generate purchase orders and credit notes directly from the program and will match these orders to the specific supplier invoice – saving you significant time on data entry!
With its cloud-based system, you’re able to manage your inventory online, wherever you go.
Using Drinking the Profits is easy! Simply log in to their web-based system and allow the Drinking the Profits team to assist with setting up your stock and recipe details.
When it’s time to order stock, you can use Drinking the Profits to order from your suppliers and even keep track of prices to see if you can obtain a better rate through the price update or tendering functions in the program.
Drinking the Profits integrates effectively with accounting platforms and ERP systems including MYOB, Xero and Netsuite; limiting the need for paper invoices and data entry.
Get in touch with our hospitality POS experts to see how Impos can help your business thrive.