Nirvana XP | Analytics vs CooksTime

Nirvana XP has an analytics app for restaurants. Nirvana XP’s restaurant analytics application is built on the Nirvana XP platform, which provides an in-depth analysis of the business, allowing your restaurant to: •deliver revenue growth, •increase operational efficiency, •identify the concerns before they become problems, and •drive ultimate customer experience based on accurate real-time data. The Nirvana XP Analytics app is a Business Intelligence (BI) and Artificial Intelligence tool that will help you improve business performance and make better decisions, based on real data. The analysis is available for Metrics on a Daily, Week To Date (WTD), Month To Date(MTD), Year to Date (YTD), Year over Year (YOY) basis. •Revenue analysis - Need a hand with all those metrics and calculations? Let Nirvana XP's Analytics app do the heavy-lifting for you. Get in-depth insights into your restaurant's performance thorough revenue-analysis with the previous year, month, week and day. These reports are generated automatically, and over time, restaurant owners will be able to compare their establishment's current performance to historical data to identify problem areas and trends. •Forecasting for business - Achieve exceptional restaurant forecasting and predict greater success. Historical consumption patterns, sales trends, seasons, and special promotions dictate restaurant forecasts for sales, inventory, traffic, and food production and order quantities. Make forecasts for the company; this includes Enterprise-level forecasting and location-level forecasting. •Discounts tracking and analysis - As discounted sales make up a more significant portion of gross sales, how they are accounted for and reported on a restaurant's income statement can potentially affect how certain cost and margin levels are viewed and evaluated. Take the guesswork out of the equation with Nirvana XP's Analytics app and understand what's driving sales and if the discounts are eating into your profits. •Artificial Intelligence through Machine learning forecasting – As data collection continues to grow year after year forecasting through machine learning will help identify trends which will act as a catalyst for near accurate labor plan and inventory forecast thereby making predictions about reality more accurately. We can easily migrate your historical data to our platform. In addition to the Analytics app, Nirvana XP has powerful and robust reporting features. Here are some of the most important ones: • Order Management Report Manage all your orders from one system and know your best selling items, the busiest times, problems in service and the average number of menu items per customer. • Floor Management Report Remove bottlenecks in service, plan tables for guests more efficiently and much more with the simple-to-use and powerful Floor Management Reports. • Employee Management Report Better manage your team and shift rotations by pulling your staff’s hours and then cross-checking them with a sales-by-shift report. • End of the day Sales Find out not only exactly how much money you bring in at the end of the day, but also what time of day you sell most and which products are your best sellers for useful and accurate sales reporting. • Invoice & Stock Management Reports Have all your invoices and stock/ inventory management reports at your fingertips to streamline processes, reduce waste and be on top of invoices. • Purchase Report Make managing and reporting a breeze with access to your purchase reports at all times. Take the guesswork out of planning, forecasting, and reporting to strategize for sales, profit, process efficiencies, customer relationship management, inventory and employee management, as well as revenue and growth with Nirvana XP’s secure, reliable, accurate Business Intelligence (BI) tools. This is just the tip of the iceberg. There are many more features and benefits you will see when you begin using Nirvana XP.

With CooksTime all in one accounting software just for restaurants. Share your employees schedule, access your managers log and manage inventory which includes counting inventory, reordering stock, sharing recipes and more.