Price Intelligence
Track ingredient prices over time, compare suppliers side-by-side, and get alerted before increases impact your margins.
Without price intelligence, you're flying blind
Supplier prices change constantly—but you don't find out until it's too late
Find Out Too Late
Supplier raises chicken 15% in March. You don't realize it until you review April's P&L. Already lost $2k in margin.
No Way to Compare
Is Sysco's $3.20/lb for chicken a good deal? No clue—you'd need to manually check 3 other suppliers every week.
Can't Negotiate
Supplier says prices are up across the board. Are they? You have no data to push back or switch vendors.
Margins Erode Slowly
Small price increases add up. By the time you notice, you've lost 3-5% in food cost without changing anything.
How price intelligence works
Automatic tracking from your invoices
Automatic Price Tracking
Every time you upload an invoice, Snag extracts item prices and builds a history. No manual entry—completely automatic.
After 2-3 weeks, you'll see price trends for every ingredient. 6-month history shows seasonal patterns.
Supplier Comparison
Order chicken from Sysco and US Foods? Snag shows you side-by-side: who's cheaper this week, by how much.
See variance in real-time. Switch to the better deal or use data to negotiate better rates.
Price Spike Alerts
Set thresholds (e.g., 'Alert me if chicken goes up 10%+'). Get notified via email or in-app before it hits your margins.
Catch increases within days, not weeks. Adjust menu prices or find alternatives immediately.
Take Action
Armed with data: raise menu prices, switch suppliers, or negotiate better rates. Make decisions based on facts, not gut feel.
Most users find 5-10 items per month where they can save money or protect margins.
When restaurant operators use this
Real scenarios from our customers
Tuesday Morning Alert
You get an alert: 'Chicken breast up 18% this week.' You check—it's true across all suppliers. Decision time: raise wing prices by $1 or absorb the hit?
Supplier Negotiation
Your Sysco rep says tomatoes are up 'across the board.' You pull up Snag—US Foods has them 15% cheaper. Show your rep the data.
Seasonal Planning
Looking at 6-month history, you notice produce spikes every June. This year, you're ready—lock in prices with supplier in May.
New Supplier Vetting
A new supplier cold-calls with 'better prices.' You compare their quote against your Snag history. They're only 2% cheaper—not worth the risk.
Powerful price tracking features
6-Month Price History
See price trends for 1,495+ items. Spot patterns, seasonal spikes, and long-term changes.
Multi-Supplier Comparison
Order from 3 suppliers? See who has the best price for each item—updated with every invoice.
Custom Price Alerts
Set thresholds per item or category. Get notified via email when prices spike above your limit.
Price Variance Reports
Weekly summary of which items moved up/down. Focus your attention where it matters.
Unit Normalization
Compare apples to apples. Snag converts lb, oz, kg, cases to standardized units automatically.
Export & Share
Download reports for your accountant or ownership. Use in supplier negotiations.
"Price Intelligence caught a 15% chicken increase we completely missed. We were already bleeding $600/week before we noticed. Switched suppliers and saved $2,400/month. The alert system alone is worth the subscription."
Common questions about price intelligence
How long until I can see price trends?
You'll see basic trends after 2-3 weeks of invoices. Full 6-month history builds over time, but even early data is valuable for spotting spikes.
Can I track prices from multiple suppliers?
Yes! That's the whole point. Upload invoices from all your suppliers, and Snag will show you side-by-side comparisons automatically.
What if suppliers use different unit sizes?
Snag automatically normalizes units (lb, oz, kg, cases, etc.) so you're always comparing apples to apples. Works with 1,495+ standardized items.
How do price alerts work?
Set custom thresholds (e.g., 'Alert me if chicken goes up 10%+'). When Snag detects the increase from a new invoice, you get an email or in-app notification within minutes.
Can I use this data to negotiate with suppliers?
Absolutely. Export price comparison reports to show your supplier you're paying more than the market. Most users successfully negotiate better rates this way.
Does this work if I only use 1-2 suppliers?
Yes! Even with one supplier, you'll see price trends over time, catch increases early, and have data to push back on 'industry-wide' price hikes.