Businesses throughout the modern hospitality industry must leverage the best beverage technology companies for optimal efficiency. From inventory management to data-driven insights, there are many reasons as to why beverage solutions should be part of your establishment’s technology stack.
In this blog, we’ll explore what defines beverage technology companies and the top five options on the market.
What Are Beverage Technology Solution Companies?
Beverage technology solution companies are software providers that sell cloud-based products that streamline beverage inventory management. They often revolve around streamlining inventory management, ordering systems, real-time data analytics, and reducing waste among beverage stock. It’s also worth noting that beverage technology companies often work seamlessly with food tech companies.
5 Best Beverage Technology Companies
Are you looking to onboard solutions from one of the best beverage technology companies? If so, this section should provide you with a clear overview of the industry’s leading hospitality software companies. Take a look:
1. BinWise
BinWise specializes in beverage inventory management solutions. We help bars, restaurants, and other hospitality establishments streamline their operations with smart technology that simplifies tracking, ordering, and reporting processes. It’s also worth noting that BinWise is especially favorable for the way it connects with other systems.
The features that make BinWise an industry-leading platform include:
- User-friendly mobile accessibility
- Access to quick updates thanks to barcode scanning technology
- Real-time inventory tracking software
- Order management connectivity with suppliers
- Curated wine list tools for the ultimate selection
- Detailed insights into par levels, waste management, and sales
- Seamless integrations with POS systems
- Five-star customer service channels via phone, chat, and email
- The ability to send purchase orders directly to suppliers
- Customizable reports for sales, inventory, and financial data
Want to learn more about BinWise and view the platform in action? Schedule a demo today to get started!
2. BlueCart
The great thing about BlueCart is that it connects hospitality businesses with all the suppliers they need to shop from–including beverage vendors. The BlueCart platform is also highly recognized for its seamless ordering tools, inventory management functionalities, and invoicing tools. It’s safe to say that it simplifies the procurement process from A to Z.
As the sister company of BinWise, here’s what sets BlueCart apart from other food and beverage tech companies:
- Simple beverage procurement processes
- Wholesale food and single-ingredients
- Wholesale paper goods for all types or businesses
- Payment processing functionalities
- Straightforward inventory tracking capabilities
- Top-tier customer service channels
- Simple invoicing tools
- The best prices in the industry
- BlueCart Pay - a solution for all your expenses
- Access to the ultimate digital marketplace of wholesale goods
3. Partender
As a mobile-based inventory management solution, Partender focuses on simplifying and speeding up the inventory process. They do this by using smartphones and tablets when taking inventory. It’s also known to be user-friendly and practical.
The following features are what Partender users enjoy:
- Mobile capabilities
- Cloud-based data storage
- Quick inventory tracking tools
- Waste monitoring tools
- POS software integrations
4. BevSpot
Like many other beverage technology companies, BevSpot is an all-in-one platform that combines inventory management, ordering solutions, and sales analytics. The software is particularly useful in helping restaurants track their beverage costs, automate inventory counts, and streamline upcoming transactions.
BevSpot users are known to prefer the platform due to these features:
- Inventory management integrations
- Tools that monitor costs vs. profitability
- Detailed reports on sales and relevant trends.
- The ability to automate the reorder point
- Menu management tools to properly price beverages
5. Craftable
Craftable offers its clients a robust set of tools for managing inventory, tracking sales, processing orders, and evaluating menu costs. The platform is designed to help business owners reduce waste and maximize profits simultaneously.
The top features of Craftable include the following:
- Waste reduction tools
- Inventory tracking
- Recipe costing software
- Integrated ordering between businesses and suppliers
- Customizable reports for inventory and beverage sales
Frequently Asked Questions About the Best Beverage Technology Companies
All business owners across the food and beverage industry should familiarize themselves with the best beverage technology companies. They’re absolute game-changers, providing bars, restaurants, hotels, and other types of establishments with the ability to enhance daily operations. So, if you’d like a brief snapshot of the industry at large, check out the FAQ section below.
What Are the Best Beverage Technology Companies?
The best beverage technology companies include:
- BinWise
- BlueCart
- Partender
- BevSpot
- Craftable
How Reliable Are Beverage Technology Companies for Tracking Inventory?
Beverage technology companies can be super reliable for tracking inventory. That’s because most of them, or the better ones, include POS integrations. In other words, connectivity features allow for the synchronization of inventory tracking tools and other types of software. These other software solutions may include things like order management features, online ordering apps, and more. Consequently, businesses will be able to be more organized, efficient, and profitable.
Do Beverage Technology Companies Sync With POS Systems?
Yes, many beverage technology companies, such as BinWise, connect with POS systems. When you use tech solutions with these kinds of integrations, the data you can collect about inventory levels can be much more granular and accurate than if you took inventory manually. As a result, onboarding solutions from one of the best beverage technology companies can allow a business to save money while doing more with less.
What Are the Top Five Food and Beverage Companies?
The top five food and beverage companies include the following:
- Pepsi Co.
- Tyson Foods
- JBS USA
- Nestle
- Kraft Heinz
What Is the World’s Largest Beverage Company?
The Coca-Cola Company is by far the world’s largest beverage company. The Coca-Cola Company distributes beverages to over 200 countries and the amount of products the brand supplies is staggering. More specifically, consumers drink approximately 1.7 billion servings of Coca-Cola products each day. On average, this is about 19,400 beverages every second.