search icon
Two men in a Chinese restaurant in Seattle shake hands over the counter

Serve up a more profitable food and beverage company with the right business management software

Minimize waste to reduce costs and risk, and accelerate compliance.
Request more information

Do you have the recipe for a highly profitable company?

There's one key ingredient you might be missing: the right business solution.

The food and beverage industry has additional challenges of managing perishable products and navigating strict regulation, not to mention the ever-present danger of recalls and contamination. At times, it can seem overwhelming—that's where you need a business management solution that's built for your industry and specific needs.

Can you overcome the four major challenges facing the food and beverage industry?

Addressing these challenges will help you figure out if your business is compliant, accountable, ready for recalls, and able to maintain consistent product quality.

Blue icon of a clipboard

Achieve compliance, while managing costs

Keeping up with stringent and changing regulation, especially the Food Safety Modernization Act (FSMA), can be a headache for many food and beverage businesses—and no element of the FSMA will have more impact than the “one step forward and one step back” traceability requirements. You need to invest in efficient and accurate tracking along your supply chain in order to comply, but this can be costly and time-consuming to implement.

Prepare for possible recalls

According to a study by Ernst & Young prepared for the Grocery Manufacturers Association, 81% of food and beverage businesses see the financial risk from recalls as significant to catastrophic.
Making sure you're prepared for possible recalls isn't just important—it's imperative. So you'll need to invest either time or money in the right technology and in updating your systems and business processes.

Maintain consistency – even as the market changes

At the same time, customers expect consistency even as supply, demand, and the marketplace itself changes. It's challenging to stay in control, keep costs down, and retain flexibility for reacting to these changes, but you can overcome it with the right solution.

Satisfy consumer demands for accountability

Thanks to a wider awareness about the impact of waste on the environment, consumers expect food and beverage businesses to become more accountable for supply chain and their operations.
To meet these demands, you'll need more access to real-time data and the ability to transform your company into a more flexible operation. Only then can you please customers and avoid lost sales.

Control costs and satisfy regulatory obligations with the right business management solution

With the right business management solution, you could all but eliminate waste, effortlessly comply with even the most stringent regulations, and deliver the consistency your customers demand.

Sage 100cloud

A complete solution for companies that need to scale their operations to automate processes, connect employees, and gain business insight.

  • Simplify your financials
  • Take control of your business
  • Save time with automation
  • Improve report accuracy and build trust to make better business decisions
Find out more
Sage 300cloud

Manage finances, operations, and inventory in multiple languages and currencies, ideal for businesses with operations across several cities or countries. Gives you real-time, mobile access to your data from the cloud for visibility across your entire company.

  • Simplify your financials
  • Manage multiple companies and currencies
  • Eliminate international business complexity
  • Simplify inventory management
Find out more
Sage Business Cloud Sage X3

A business management solution tailored to the demanding medium-sized business user. From procurement to production, warehousing, e-commerce and sales, and financial and people management, gain a faster, simpler, and more flexible way to manage the entire business at a lower cost, on a global scale.

  • Take control of global operations
  • Get the insight you need, when you need it
  • Expand to new markets or geographies
  • Gain agility and focus on your business
Find out more

How to become a lean and efficient food and beverage company

Discover what a powerful and flexible business management solution can do for you.

Control costs and reduce waste

Waste—both of perishable goods and in terms of process by- products—can be an economic, environmental, and social issue. The right solution will help you gain greater insight into your supply chain, including inventory tracking and product profitability. It will also help you remain accountable to consumers, and protect the environment while remaining lean and efficient.

Inspire consumer confidence with traceability

Recording the identity of any lot- controlled ingredient is essential if you want to meet industry and government regulations for warranties and quality assurance.
The right solution also enables you to assign inventory to meet specific customer needs. What's more, effective scanning and barcoding will help you track your materials and products.

Save time (and money!) while keeping up with compliance

The right solution should be easy to configure, and it should help you meet the requirements of regulatory bodies. It should also gather and present business data automatically and in the right
way, so you can reduce administrative overheads and help your business meet its obligations.

Gain better visibility over operations in your food and beverage business

You can prepare for possible recalls with a business management solution that gives you total visibility of your operations, comprehensive lot tracking, and detailed, accurate data at any time. If the worst happens, you’ll be able to determine the scope of the recall and prevent contaminated foods from entering the supply chain.
Two men in a Chinese restaurant in Seattle shake hands over the counter

The Thai food pioneer

Sage frees us up to focus on what we really enjoy: developing the next mouth-watering Thai dish.

Enzo, general manager

Simply Asia

Sage Marketplace

Extend the power of Sage ERP software, grow your business and make life easier with our powerful connected apps.

stripe AutoEntry receipt bank Fluidly serviceM8 eposnow
Go to Marketplace

Get practical advice for growing your food and beverage business

On Sage Advice, you'll find great articles, advice, and insights that will help you manage your business.

Understanding the cloud and your construction software

Understanding the cloud and your construction software

Are you confused about "the cloud." This article explores the definitions of the cloud and what it means for construction software.

Read more Read more
4 reasons to care about your HR software end-of-life

4 reasons to care about your HR software end-of-life

If your software is working fine, why should you care that it is approaching end-of-life? Here are four business risks you may consider to consider.

Read more Read more
The ABCs of innovation: 3 technologies transforming accounting and how to use them

The ABCs of innovation: 3 technologies transforming accounting and how to use them

Here's a look at how accountants can leverage three core technologies - blockchain, artificial intelligence, and the cloud – to help their clients grow.

Read more Read more
From compliance to consulting

From compliance to consulting

Ed Kless Senior Director, Partner Development and Strategy at Sage discusses how accounting professionals can more from compliance focus to consulting focus

Read more Read more
How to take advantage of the three unstoppable forces driving change in finance

How to take advantage of the three unstoppable forces driving change in finance

There are technological and social forces driving change in finance. Here are some practical tips to help CFOs take advantage of these trends.

Read more Read more
5 tips to achieve your business goals in 2020

5 tips to achieve your business goals in 2020

While most people know the importance of setting goals, achieving them is the hard part. Here are 5 tips on how to set and achieve your business goals.

Read more Read more
Understanding blockchain and its impact on accounting

Understanding blockchain and its impact on accounting

In this post, we answer what does blockchain do for me, what does it mean for my accounting practice, and what does it mean for my future in the profession?

Read more Read more
Continuous accounting and AI: What to expect in the next decade

Continuous accounting and AI: What to expect in the next decade

The next ten years will be pivotal for the finance function. Here’s a look at how AI can enable continuous accounting and transform finance teams.

Read more Read more
Get more Sage Advice