Price verification is essential for restaurant operators looking to control costs and protect profit margins. When you’re managing multiple restaurants, you don’t have time to double-check every line on every invoice.
But here’s the problem: even small pricing errors can quietly drain your profits—over and over again.
So how do you know you’re being charged the right amount for the items you buy every day?
That’s where price verification comes in.
What Is Price Verification?
Price verification is the process of comparing the prices you should be paying—according to your contracts—with the prices you’re actually charged by distributors. It helps catch mistakes like:
- Typos and mischarges
- Expired contracts that were never updated
- Incorrect fees or markups
- Missing pricing agreements
In other words, price verification helps ensure you only pay what you agreed to.
Why Do Operators Need It?
In a fast-moving, high-cost industry, every error adds up.
According to recent data, 95% of restaurants say food costs are a top concern, and nearly 4 in 10 operators say their business isn’t profitable. Inconsistent pricing doesn’t just hurt your margins—it creates confusion, credit disputes, and lost time your team can’t afford.
With a solid price verification process, you can:
- Catch overcharges before or after they happen
- Reduce unnecessary credits and disputes
- Gain confidence that you’re getting the right deal
- Reclaim money that may have otherwise been lost
The Cost of Paying the Wrong Price
Let’s break it down: if your distributor charges just $0.25 more than your agreed price for a key ingredient, and you order that item 500 times a month, that’s $125 in monthly overcharges—$1,500+ per year for one item.
Now multiply that by hundreds of line items across multiple locations, and the costs quickly skyrocket.
These small discrepancies go unnoticed when you’re relying on manual spot checks or overworked managers. But they quietly eat away at your bottom line, month after month. Without a verification process in place, you’re essentially leaving money on the table—and that’s a cost most operators can’t afford.
How Does It Work?
InsideTrack technology makes price verification easy by doing the work for you.
Here’s what happens:
- We collect your invoice data through secure integrations (EDI feeds).
- You share your pricing agreements with us—or just copy us when you send them to your distributor.
- We match contract terms to charges across your invoices.
- If something’s off, we flag the discrepancy and request a credit on your behalf.
- You track it all through the InsideTrack portal or with the help of your Client Manager.
This process doesn’t just fix mistakes—it helps prevent them from happening again.
What Kind of Savings Are We Talking About?
Let’s be honest—mistakes happen. Distributors manage thousands of products and pricing agreements. But without verification, it’s your operation that pays the price.
By automating this process, you can uncover hidden overcharges, reclaim lost dollars, and protect your margins—without adding more to your team’s plate.
And with our easy-to-use portal, you always have visibility into what’s been recovered and what’s still pending.
Ready to See Where Your Money Might Be Hiding?
Price verification is one of the simplest, smartest ways to improve financial control across your restaurant group.
Whether you manage five locations or fifty, InsideTrack helps you:
- Eliminate invoice errors
- Gain back valuable time
- Hold suppliers accountable
- Improve pricing accuracy and transparency
Curious how much you could be saving?
Let’s take a look. Fill out the form below to connect with an InsideTrack expert and get started.
