What is 5-Out?
5-Out is a tool designed specifically for restaurant businesses to optimize their net income. It uses machine learning, artificial intelligence, and predictive analysis to automate smarter, more efficient decisions and provide recommendations. The tool integrates with various systems that are already in place, such as Point of Sale, labor scheduling, purchasing and inventory, weather, social media, ordering, and news and events to make predictions about what and when a restaurant will sell.
How does 5-Out optimize restaurant profitability?
5-Out optimizes restaurant profitability by integrating data from different systems to predict sales and timing. The tool provides automated decision-making and recommendations based on predictive intelligence and real-time analysis to increase profitability. It also offers optimized labor and purchasing schedules and real-time insights to aid in profitability growth.
What systems does 5-Out integrate with?
5-Out integrates with a wide range of systems including Point of Sale, labor scheduling, purchasing and inventory, weather, social media, ordering, news and events.
What kind of predictions does 5-Out make?
5-Out makes predictions on what a restaurant is going to sell and when it's going to sell it. These predictions are made up to 21 days in advance with a confidence level as high as 98%.
Can 5-Out be used for all types of restaurant businesses?
Yes, 5-Out can be utilized by all types of restaurant businesses, from Quick Service Restaurants to Bars and Cafes.
How is 5-Out using machine learning and artificial intelligence?
5-Out utilizes machine learning and artificial intelligence to analyze data in real-time and make accurate predictions about the business. These technologies are used for predictive intelligence that forecasts what and when the restaurant will sell.
What are the real-time insights provided by 5-Out?
The real-time insights provided by 5-Out include data monitoring, predictions, and notifications when opportunities to optimize are identified.
What are 5-Outβs 'lookback reports'?
5-Outβs 'lookback reports' track weekly and daily performance over time, both on the business operations and the accuracy of its projections, thus enabling more confident decisions.
How easy is it to set up 5-Out?
Setting up 5-Out is straightforward and only takes around 5 minutes. It automatically integrates data from the systems that the restaurant business already uses.
Does 5-Out require any employee setup?
No, 5-Out does not require any employee setup. It's meant to be quick to integrate and easy to start using without any onboarding required.
How does 5-Out optimize labor schedules?
5-Out optimizes labor schedules by predicting what the restaurant will sell in 1-hour increments, up to 21 days in advance. This allows the creation of an optimal labor schedule for the business 1-2 weeks in advance.
How does 5-Out optimize purchasing schedules?
5-Out optimizes purchasing schedules through predictive analysis, forecasting what the restaurant will sell in 1-hour increments, up to 21 days in advance. Recommendations are generated based on your budget and external factors.
How long does it take to get started with 5-Out?
It takes just 5 minutes to get started with 5-Out.
Can 5-Out really predict sales up to 21 days in advance?
Yes, 5-Out can predict sales up to 21 days in advance.
How confident is 5-Out in its predictions?
5-Out is confident in its predictions, stating a confidence level as high as 98%.
What real-time recommendations does 5-Out provide?
Based on 5-Out's predictive intelligence, it recommends real-time staffing and purchasing actions that can be taken to increase profitability.
What are some results that restaurants have seen using 5-Out?
Restaurants have seen a plethora of results using 5-Out. According to one testimony, 5-Out helped save $2,000 per store in the first month alone and another mention that it saved them 4-6 hours every week.
What makes 5-Out different from other restaurant forecasting tools?
5-Out differentiates itself from other restaurant forecasting tools with its ability to make predictive intelligence for up to 21 days in advance, offer real-time insights, recommendations, and integrate seamlessly with various systems a restaurant already uses. The quick setup process, lack of a need for employee setup, and high level of confidence in predictions also set it apart.
Does 5-Out replace other softwares or does it integrate with them?
No, 5-Out does not replace other software. It integrates with existing systems that are being used in the restaurant.
Can 5-Out help me identify new opportunities to increase profitability in my restaurant?
Yes, 5-Out can help identify new opportunities to increase profitability in a restaurant. It provides real-time insights and notifications when such opportunities for optimization are recognized.