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What is Locmatic?

Gathering comprehensive details about eateries and their menu selections is essential for improving sales intelligence, understanding menu options, and performing in-depth market evaluations. This crucial information is employed by our clients for effective sales strategies and market awareness, and our clientele includes food producers, distributors, chain dining establishments, along with market research and consulting firms. By harnessing these insights, companies are empowered to make strategic choices that foster growth and success in a highly competitive environment. Moreover, this approach allows businesses to stay ahead of trends and adapt their offerings to better meet consumer demands.

What is 5-Out?

5-Out is an innovative sales forecasting solution tailored for the restaurant industry, utilizing advanced AI and state-of-the-art machine learning techniques. With an impressive accuracy rate of up to 98%, it integrates both internal and external data sources to make precise predictions about future demand. Acting as a reliable advisor for your restaurant, this software reveals potential sales trends and peak times, facilitating smarter purchasing decisions and streamlined labor management to minimize food waste and avoid overstaffing. Furthermore, the advantages of 5-Out extend into the realm of budgeting, as it aids managers and operators in sticking to financial constraints, ultimately driving fiscal efficiency. By delivering a transparent view of expected sales, it empowers restaurant leaders to make informed choices, ensuring a more profitable operation overall. Additionally, the insights provided by 5-Out can foster long-term strategic planning, allowing restaurants to adapt and thrive in a competitive market.

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Integrations Supported

7shifts
Craftable
MarketMan
Toast

Integrations Supported

7shifts
Craftable
MarketMan
Toast

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Locmatic

Company Location

United States

Company Website

locmatic.io

Company Facts

Organization Name

5-Out

Date Founded

2020

Company Location

United States

Company Website

www.5out.io

Categories and Features

Restaurant Management

Billing & Invoicing
Built-in Accounting
Employee Management
Food Costing
Inventory Management
Kitchen Management
Menu Management
Payroll Management
Point of Sale (POS)
Reporting/Analytics
Reservations Management
Sales Tracking
Table Management
Wait List Management
Waitstaff Management

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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