Notch Financial 11.11.0

Notch is an integrated hospitality management application designed for restaurants and food-service businesses, facilitating the management of orders, invoices, and payments on a single platform. This system aims to streamline operations by synchronizing orders and invoices with supported inventory management systems (IMS) or accounting systems, effectively minimizing manual tasks between front and back offices.

Catalog and Order Guide Management: Notch enables users to maintain all supplier catalogs within the platform. Users can create order guides tailored by supplier, category, venue layout, or specific events, simplifying the ordering process for staff.

Order Placement and Supplier Communication: The platform allows for online order placement alongside direct communication with suppliers, enabling timely updates regarding order status.

Invoice Management: Users can easily upload invoices upon receipt. By taking a photo of the paper invoice and uploading it to the corresponding order, Notch utilizes Optical Character Recognition (OCR) technology to automatically update the order invoice.

Integration of External Invoices: For orders placed outside of the Notch platform, users have the option to upload those invoices as well, allowing for centralized invoice management.

Approval Process for Invoices: The system supports daily ordering workflows by allowing team members to capture invoices and request approval at the end of each work period. This feature provides visibility into expenditure for decision-makers.

Payment Processing: Notch facilitates payment of invoices generated through the platform or from external sources. Payments can be made via credit card or bank transfer, adding flexibility to financial operations.

Integrations with Inventory Management Systems: Orders made through Notch can be synchronized with compatible inventory management systems such as MarketMan and Optimum Control to ensure accurate inventory data reflecting recent purchases.

Accounting System Integration: The application also provides synchronization capabilities with accounting systems like QuickBooks Online (QBO), ensuring that invoices are consistently up-to-date with the latest billing information and payments.