WALTHAM, Mass., Sept. 5, 2019 /PRNewswire-PRWeb/ -- FoodBAM, the market leader in ordering, inventory, and recipe costing software for restaurants, announces the acquisition of Orderly, a data-driven solution that automatically tracks restaurants' food spend and cost of goods sold. The acquisition brings Orderly's best-in-class technology to FoodBAM clients, who already benefit from FoodBAM's restaurant management tools.
The acquisition was made because FoodBAM recognized great functionality in Orderly that was complimentary to FoodBAM, said FoodBAM co-founder Brandt Squires.
"These are fundamental building blocks for operators to run a sound business. Taking invoices and getting them into food cost management software is one of those essential functions that is going to help our operators run their business more profitably," Squires said.
Orderly's current clients benefit from FoodBAM's additional service offerings, including a robust manufacturer rebate program.
"We're excited to announce new features to further save our clients money" said Brian Foster, vice president of Customer Success at Orderly. "With this acquisition, we pick up a deep breadth of manufacturer rebates that will become available to the entire Orderly customer base."
Thousands of customers have been requesting the marriage of FoodBAM's inventory management with an application that handles Cost Management.
"We can now make FoodBAM even more powerful for our many hospitality users. Now every operator's data can be loaded into FoodBAM with ease," Squires said.
About FoodBAM
Foodbam is a restaurant inventory management software serving up simple tools for the everyday chef, to general manager of a region, to a COO at a 1,000 unit chain. FoodBAM offers software that helps restaurant manage ordering, inventory, recipe costing and reporting and analytics. FoodBAM customers benefit from time savings, cost savings and the power of accurate information.
About Orderly
Orderly is a restaurant food cost management software that transforms the way restaurants understand and control their food costs. By simply taking pictures of invoices with a smart phone, Orderly takes a do-it-for-you approach and provides information crucial to helping operators make better, informed decisions to drive restaurant profitability.
SOURCE FoodBAM
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