SpotOn Leads the Way as First POS Provider to Offer AI-Powered P&L Analysis with Profit Assist, Giving Restaurants a New Edge in Cost Control Amid Uncertainty

New AI Tool with automated review of expenses helps restaurant operators and accountants take control of costs and protect profit margins

SAN FRANCISCO, June 3, 2025 /PRNewswire/ -- SpotOn, the top-rated software and payments partner for restaurants, today announced the launch of SpotOn Profit Assist, the first AI-powered tool built specifically to help restaurant operators automate profit and loss (P&L) analysis and take greater control of rising costs. With inflation persisting and consumer spending under pressure, independent restaurant operators are being asked to do more with less. SpotOn Profit Assist arrives at a critical moment for restaurants, offering clear, actionable recommendations for operators and accountants to reduce expenses and protect margin — without requiring hours of manual spreadsheet analysis.

Purpose-built for restaurants, Profit Assist connects with popular accounting platforms like QuickBooks Online, Xero and Restaurant 365 to automatically analyze a restaurant's P&L, identify spending anomalies, and surface tailored cost-saving opportunities. For multi-unit operators, the tool will benchmark performance across locations. For independents, it will compare financials against similar restaurants, making sure no one's flying blind.

SpotOn Profit Assist is already saving restaurants an average of 4.3% in total costs — a meaningful lift for operators balancing high food prices, unpredictable labor, and fluctuating demand. With economic uncertainty likely to linger, the ability to make smarter, faster financial decisions can be the difference between staying afloat and thriving.

"It's like having a financial advisor built into my POS," said Khara Mangiduyos of Kalei's Kitchenette. "I don't have to wait until the end of the month—I get real-time insights that help me make smarter decisions every single day."

Profit Assist builds on SpotOn's commitment to creating intelligent, invisible technology that empowers operators to run more profitably. While most restaurant tech platforms stop at sales insights or food costs, Profit Assist is the first to integrate true P&L intelligence into its ecosystem analyzing the full financial picture and giving operators the confidence to take action across every part of their business from one platform. As part of SpotOn's commitment to bringing AI across its product ecosystem, Profit Assist helps restaurants:

• Access a full, AI-analyzed P&L by integrating with their accounting software
• Uncover hidden cost-saving opportunities by looking at anomalies month over month and providing clear, specific recommendations
• Take greater control of margins and make confident, data-driven decisions
• Forecast labor and revenue more accurately with predictive insights

"Restaurants are and always have been a tight margin business, so understanding and actively managing costs is an industry wide need," said Bryan Solar, Chief Product Officer at SpotOn. "Finding the free time to analyze each cost in a mountain of data is a real challenge. Profit Assist pulls together the numbers that matter — not just the dollars coming in, but the dollars going out — and turns them into clear, actionable insights so they can make smarter decisions with confidence."

Profit Assist builds on SpotOn's belief that AI should empower operators, not overwhelm them by analyzing a restaurant's full financial picture and serving up actionable opportunities to protect their bottom line.  It follows SpotOn Marketing Assist, the industry's first AI-driven marketing tool designed specifically for restaurants, that creates and sends personalized campaigns based on real-time guest data. With Marketing Assist and Profit Assist, SpotOn is helping restaurants take control of what they can, so they can focus on what matters: serving great food, delivering great hospitality, and building resilient businesses.

Operators can learn more and join the Profit Assist waitlist at spoton.com/profit-assist-waitlist.

About SpotOn

SpotOn is one of the leading software and payment companies, providing the technology and support that helps local businesses—and the people who run them—to succeed on their own terms. Known for its flexible, cloud-based technology and personalized support, SpotOn offers an end-to-end platform to accept payments, boost revenue, streamline operations, and create exceptional guest experiences. From seamless and efficient point-of-sale systems to integrated restaurant management solutions, SpotOn builds technology that "works the way you work" and backs it up with a 24/7 team of experts that make sure it always does—with fairness, flexibility, and a personal touch. For more information, visit www.spoton.com.

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SOURCE SpotOn