Deductly

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Deductly is an AI CFO software for restaurant operators that automatically tracks COGS, labor, prime cost, vendor spend, and margin leaks. It turns bank transactions into CFO-level insights in minutes.

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At a glance

Pricing

Paid

Free tier

API

Skill level

Non-technical

About

What is Deductly?

Deductly functions as an AI CFO for restaurant operators, providing automated financial intelligence. It connects directly to bank accounts to track critical metrics such as Cost of Goods Sold (COGS), labor costs, prime cost, vendor spending, and identifies margin leaks. The software transforms raw transaction data into actionable, CFO-level insights, helping restaurant owners manage their finances efficiently without needing to hire a full-time finance executive. Deductly automatically calculates prime cost (COGS + labor) in real-time and alerts users when costs exceed target thresholds. It also allows for the connection of multiple restaurant locations, each with its own P&L and reporting.

Best used for

Ideal for restaurant owners who need to automatically track COGS, labor, and prime costs, identify margin leaks, and gain CFO-level financial insights. Especially valuable for those looking to optimize profitability and manage financial performance across multiple restaurant locations in real-time.

Common actions

track restaurant finances

analyze cost data

manage prime cost

identify margin leaks

automate financial reporting

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Capabilities

Key features

COGS tracking
Labor cost management
Prime cost calculation
Vendor spend tracking
Margin leak identification
Real-time financial insights
Multi-location reporting

Target Audience

small business owner

Integrations

plaid

Pricing & Plans

Paid

Free Trial

FAQs

How does Deductly track prime cost for restaurants?

Deductly connects to your bank accounts to automatically calculate prime cost (COGS + labor) in real-time. It then alerts you when these costs exceed your predefined target thresholds, helping you maintain financial control.

What financial metrics does Deductly track for restaurants?

Deductly tracks essential restaurant financial metrics including COGS, labor costs, prime cost percentage, vendor spend, margin leaks, and overall profitability. It converts raw transaction data into actionable insights for better decision-making.

Can I connect multiple restaurant locations to Deductly?

Yes, Deductly supports multiple restaurant locations. You can add additional locations or businesses for an extra $49 per month each. Every connected location receives its own profit and loss statement and reporting.

How secure is my financial data with Deductly?

Deductly ensures the security of your financial data by powering bank connections through Plaid. They do not store your bank login credentials, and all your data is encrypted and protected with bank-level security measures.

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