MarketMan is a cloud-based inventory management tool tailored for the restaurant and hospitality industry. It simplifies key back-of-house tasks such as inventory tracking, purchasing, recipe costing, and supplier management. This makes it an ideal solution for businesses of any size, from small coffee shops to large restaurant chains. Expect to find detailed information about this particular platform, including its core features, performance, and overall quality, in this MarketMan review.
What’s new in MarketMan?
Recent updates in MarketMan include significant enhancements and new integrations aimed at improving operational efficiency for restaurants. Below are some of the latest MarketMan features:
Integration with Eats365 POS
MarketMan can now integrate with the Eats365 POS system. This integration enables automatic syncing of menu inventory and transaction data. According to some MarketMan reviews, this MarketMan integration simplifies inventory management directly from the POS or Merchant Portal.
Collaboration with Otter
MarketMan has teamed up with Otter, a multichannel POS system. This partnership improves inventory tracking and sales analysis, offering real-time alerts, direct purchasing from distributors, and detailed sales insights to help restaurants optimize menu profitability and reduce costs.
General Enhancements
Recent updates include improvements to VIP queuing tickets on the POS, new role-based permissions for preferences, and the ability to set ordering quantity limits per item. A bulk price editor for location groups has also been added. According to some MarketMan reviews, this added feature makes it easier for them to update pricing across multiple locations.
Is MarketMan Secure and Compliant with Industry Standards?
MarketMan is a cloud-based solution, and while this review does not detail all aspects of its security framework, understanding data protection and compliance is critical for today's operations. Users are encouraged to verify current encryption protocols, access controls, and audit practices through direct inquiries with the vendor to ensure that the platform meets industry-specific security and privacy requirements. Businesses that prioritize these factors may also benefit from reviewing comparable information on restaurant management tools to make an informed decision.
User Testimonials and Case Studies
One of the best ways to evaluate the effectiveness of a tool like MarketMan is by hearing directly from those who use it every day. Below are some real-life examples of businesses that have experienced significant improvements in efficiency, cost management, and operational success after integrating MarketMan into their systems.
Case Study: Reducing Food Waste in a Multi-Location Chain
A well-known multi-location chain in the U.S. was struggling with inventory discrepancies, over-ordering, and significant food waste. After implementing MarketMan, they gained real-time inventory visibility, allowing them to make more informed purchasing decisions. The predictive analytics feature helped them reduce waste by accurately forecasting demand, resulting in a 12% reduction in food costs within the first quarter of use.
Testimonial: Streamlined Ordering for Small Coffee Shop
I’ve always found inventory management a hassle, especially in our small coffee shop. With MarketMan, ordering supplies has become seamless. I can track every item, from coffee beans to syrups, and never worry about overstocking again. Plus, the integration with our POS system has made everything run smoothly.Jenny, Coffee shop owner
Case Study: Optimizing Menu Profitability in Full-Service Restaurants
A popular full-service restaurant in New York used MarketMan’s recipe costing tool to analyze ingredient prices and optimize their menu pricing strategy. By adjusting prices based on food costs and market trends, the restaurant saw a 15% increase in profitability within the first few months of implementation.
For further details on how MarketMan integrates with restaurant systems and benefits different types of operations, check out this article on restaurant POS systems.
How much does MarketMan cost?
MarketMan: Top Inventory Management Software
4.5 / 5
MarketMan pricing plans are tailored to different business needs. Here’s the breakdown of Marketman pricing tiers:
Operator - $239 per month
Placing & receiving purchase orders
Inventory counting and transfers
Accounts Payable Management
POS & Accounting Software Integrations
Invoice Scanning Included
Professional - $299 per month
Supplier Oder Automation & Approvals
Inventory Waste Tracking
Recipe Costing & Digital Cookbook
Advanced Profitability Reporting
Invoice Scanning Included
Ultimate - $429 per month
Suggestive Ordering
2 Included Vendor Integrations
Invoice Scanning Included
MarketMan Pros
Ease of Use: Users appreciate MarketMan's intuitive interface, which makes staff training quick and easy.
Strong Customer Support: MarketMan is highly rated for its responsive customer service, ensuring issues are resolved promptly.
Integration Capabilities: The software seamlessly integrates with various POS systems and third-party applications, expanding its functionality.
Scalability: Based on some MarketMan reviews, the platform is versatile, serving both single-location restaurants and multi-unit operations, making it suitable for businesses of all sizes.
MarketMan Cons
Mobile App Limitations: Some MarketMan reviews criticize the mobile app for lacking some features found in the desktop version, which can limit on-the-go management.
Slow Updates and Feature Implementation: Users who wrote MarketMan reviews have noted that updates and new feature requests can take a while to be addressed by the development team.
Setup Complexity: While powerful, MarketMan's initial setup can be time-consuming and may require considerable effort to fully leverage its capabilities.
No Direct Payment Processing: MarketMan currently does not support direct payment processing, which could enhance operational efficiency if added.
MarketMan Core Features
MarketMan: Top Inventory Management Software
4.5 / 5
In this section of our MarketMan review, we will introduce the core features of the software that help streamline inventory and supplier management for restaurants.
Here are the core features that set it apart:
Dynamic Inventory Management
This feature tracks inventory levels and values in real time, helping operators monitor stock efficiently and minimize waste.
Recipe Costing and Menu Management
This feature allows users to create and manage recipes, calculate food costs, and design menus based on profitability, ensuring accurate pricing strategies.
Purchasing and Order Management
Purchasing and Order Management automates purchasing by letting users submit orders, track statuses, and manage vendor relationships from one platform.
Invoice Scanning and Reconciliation
This feature simplifies receiving by allowing users to scan invoices, automatically match delivered items with inventory levels, and flag discrepancies. MarketMan offers robust invoice processing capabilities. Still, some businesses prefer to use separate invoice software.
Real-Time Reporting and Analytics
This feature provides instant access to reports on COGS, menu profitability, variance analysis, and supplier spending, helping operators make data-driven decisions. If you're looking for backup solutions, explore our site.
Waste Tracking
This feature tracks food waste to help restaurants identify areas for improvement in inventory management and cost control.
Mobile Accessibility
The platform is available on PCs, tablets, and smartphones, enabling on-the-go management.
Integration Capabilities
MarketMan integrates with major POS systems, accounting software, and food distributors, streamlining operations by consolidating data across platforms.
Commissary Management
This feature supports central kitchen management for multi-unit chains, enabling inventory transfers between locations.
Benefits of Using MarketMan
This MarketMan review will discuss how restaurants and food service operations can benefit from using the platform.
Streamlined Operations
MarketMan automates inventory management and ordering, reducing time spent on manual tasks. This automation prevents over-ordering, minimizes food waste, and leads to significant cost savings. If you want a separate inventory management system, check out our page.
Real-Time Inventory Tracking
The platform offers real-time insights into inventory levels and costs, helping operators make quick, informed decisions. This feature ensures optimal stock levels and reduces the risk of running out of essential ingredients.
Cost Reduction
Users report a 2-5% reduction in food costs within the first year of using MarketMan. By optimizing inventory management and purchasing, it helps restaurants lower overall food expenses.
Comprehensive Reporting
MarketMan provides detailed reports on COGS, menu profitability, and variance analysis. These insights help operators identify high-profit items and adjust menus to maximize profitability.
Enhanced Supplier Management
The software streamlines supplier connections, ensuring timely deliveries and reducing order errors. This integration makes managing vendor relationships more efficient.
Predictive Analytics
MarketMan uses predictive analytics to forecast demand accurately, maintaining appropriate inventory levels with dynamic PAR (Periodic Automatic Replenishment) ordering. This reduces waste and improves operational efficiency.
Mobile Accessibility
As a cloud-based platform, MarketMan allows users to access inventory data and manage operations from any device, providing flexibility for remote or on-the-go management.
Fraud Prevention Tools
MarketMan includes features that help track waste and theft, reducing revenue losses. Users report significant savings by identifying discrepancies in inventory usage.
What business types use MarketMan?
MarketMan is a business software specifically designed for the restaurant and food service industry. In this section of our MarketMan review, we list down the primary industries and business types that utilize MarketMan:
Independent Restaurants: Small and medium-sized restaurants use MarketMan to efficiently manage inventory, recipe costing, and supplier relationships, helping control food costs and streamline daily operations.
Multi-Location Restaurants: Chains with multiple locations rely on MarketMan for centralized inventory tracking, reporting, and management, ensuring consistent operations across all sites.
Quick Service Restaurants (QSRs): Fast-casual and quick-service establishments benefit from MarketMan’s automated ordering and real-time inventory features, essential for maintaining speed and operational efficiency.
Full-Service Restaurants (FSRs): These restaurants use MarketMan to handle complex inventory needs, including detailed recipe management and cost analysis, ensuring profitability for menu items.
Catering Services: Catering companies value MarketMan’s ability to manage large inventories and track ingredient usage for various events, helping optimize food costs.
Coffee Shops and Cafés: Smaller foodservice operations like coffee shops use MarketMan for straightforward inventory management and supplier integration, allowing them to focus on delivering excellent customer service.
Commissary Kitchens: Central production kitchens supplying multiple outlets use MarketMan to manage inventory across locations, ensuring smooth distribution of ingredients.
Food Suppliers: Companies supplying food products can use MarketMan to manage orders and inventory levels from their clients, streamlining their own operations.
Private Chefs: Personal chefs catering to niche markets use MarketMan for recipe costing and ingredient management, enabling them to efficiently deliver tailored culinary experiences.
Best 4 alternatives to MarketMan
1
Cova
4.5 / 5
Cova software stands out as a dependable and scalable point-of-sale solution tailored specifically for cannabis retailers. Its user-friendly touchscreen interface and offline mode ensure uninterrupted sales even during network disruptions or peak periods like 4/20. Designed with compliance in mind, Cova integrates directly with major government reporting systems, minimizing errors and helping businesses stay aligned with regulatory changes. Additionally, its customizable security settings and open API allow for flexible integrations and enhanced control over staff access, supported by responsive customer service to address any technical needs promptly.
Jotform stands out as a versatile online form builder software that caters to both individuals and organizations seeking efficient solutions for creating customized forms without needing coding skills. Its intuitive drag-and-drop interface, combined with a vast library of pre-designed templates, enables users to quickly produce professional-quality forms for various applications such as surveys, registrations, and payments. The platform’s strong integration capabilities with popular third-party tools streamline data management and automate workflows, while features like conditional logic personalize the user experience by adapting forms based on input. Additionally, Jotform prioritizes security with SSL encryption and offers collaborative tools and notification systems, making it a comprehensive choice that is accessible even to small users through its free plan.
3
NetSuite ERP
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NetSuite ERP stands out by integrating data management across departments, breaking down silos to create a cohesive platform where finance, sales, HR, and operations teams can access synchronized, real-time information. This integration fosters enhanced collaboration, accelerates reporting processes, and supports more strategic decision-making throughout the company. Its automation capabilities streamline repetitive tasks such as sales order processing and invoice creation, which not only boosts productivity but also minimizes errors and manual workloads. Built on a cloud-based framework, NetSuite ERP offers scalable flexibility and secure remote access, making it an adaptable solution for businesses expanding their reach or supporting distributed teams.
Monday.com is a highly adaptable platform designed to streamline work and project management for teams of various sizes. Its user-friendly, visually organized interface, enhanced by color-coded elements, allows users to navigate effortlessly without needing technical skills. With over 200 ready-made templates and a straightforward drag-and-drop system, teams can quickly set up workflows and begin managing tasks efficiently. Additionally, its powerful dashboard builder and no-code automation tools help users visualize data clearly and eliminate repetitive processes, boosting overall productivity.
Frequently Asked Questions (FAQs)
Does MarketMan change extra to integrate with accounting or POS Software?
MarketMan does not charge additional fees for integrating with your accounting software or POS platform. However, check with your accounting software provider or POS vendor to confirm if they impose any integration fees.
Can I use MarketMan with multiple locations?
Yes, you can. MarketMan supports a variety of foodservice business models, including restaurants, bars, and other similar businesses, from single-location operations to those with hundreds of locations. Their unique "HQ" feature allows you to manage all your locations centrally in one place.
Can I use MarketMan on my phone or tablet?
Yes. MarketMan works on both iOS and Android apps.
How do I contact MarketMan?
You can contact them via live chat, email, and WhatsApp. You can call them seven days a week from 3 AM to 6 PM EST.
In evaluating SaaS software, a comprehensive and structured methodology
ensures a fair and accurate comparison across key metrics.
This approach focuses on the most critical aspects that affect user
experience, functionality, and business value.
The following metrics—general features, cost, customer service, integrations,
and mobile support—are evaluated to provide a holistic
view of each software solution’s strengths and weaknesses. These metrics
are selected based on their direct impact on software
usability, scalability, and long-term effectiveness for businesses.
General Features (40%)
This metric evaluates the core functionalities and tools the software offers.
It involves assessing the comprehensiveness of
the features, their relevance to the target users, and the ease of use.
This is important because robust and well-designed
features determine the software’s overall utility
and efficiency in solving user problems.
Cost (15%)
Cost analysis focuses on pricing models, value for money, and scalability.
It’s crucial to evaluate whether the software’s
features justify its price, considering different plans for small and
large organizations. This is vital for businesses to
ensure they invest in cost-effective solutions that fit their budget.
Customer Service (15%)
This evaluates the responsiveness, quality, and availability of customer
support, including channels like chat, email,
or phone. Good customer service is essential for troubleshooting and
ensuring smooth software usage, which reduces downtime
and frustration for users.
Integrations (15%)
This examines how well the software integrates with third-party tools
(e.g., CRM, payment systems, collaboration apps).
Seamless integrations are key for creating a unified workflow and
enhancing productivity by connecting multiple systems,
which is crucial for operational efficiency.
Mobile Support (15%)
Mobile support assesses the software’s functionality and performance on
mobile devices, including apps and mobile web versions.
With increasing remote work and on-the-go usage, strong mobile
support is critical to ensure users can access and utilize
the software effectively, regardless of location.