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FOODIVAL helps you integrate procurement data with accounts payable to enhance efficiency

In most restaurants, the procurement and account department work separately to manage supplier invoices and accounts payable (AP) tasks for the same goals. Close collaboration can improve their efficiency and strengthen management.

By connecting with FOODIVAL, FlexAccount can retrieve all invoice data directly from FOODIVAL, achieving AP Automation and reducing the efforts required for invoice collection, verification, and data input. This significantly improves efficiency and accuracy. AP automation also enables account department to conduct in-depth reports, analysis and profit & loss (P&L) with FOODIVAL's detailed expense classification, gaining insights into the performance of the restaurant, including each outlet and each department.

In addition, FlexAccount also tracks and manages restaurant's fixed assets such as stoves, kitchen utensils, furniture, etc., and automatically calculates their depreciation value.