Spend Smarter.
Negotiate Better.

Otis monitors supplier pricing in real-time for hospitality businesses, preventing silent margin erosion through intelligent price tracking and proactive alerts.

Trusted by Leading Hospitality Brands

Mad Yolks
Chimac
Urbanity
Panem
Aqua Restaurant
The Green 1918

Powerful Analytics & Insights

Otis provides comprehensive tools to monitor your spending, track supplier pricing, and catch price increases before they impact your margins.

30 Day Industry Pricing Comparison

Latest company normalized price vs industry price (same unit)

OverspendingUnderspending
Product
Supplier
Your Price
Industry Avg
Overspend %

Butter

KG

Supplier A
7.52
5.08
48.2%

Buttermilk

LTR

Supplier B
2.01
1.26
60.0%

Ground Black Pepper

KG

Supplier B
16.26
15.58
4.4%

Cornflour

KG

Supplier C
2.63
2.35
11.8%

Pastry Flour

KG

Supplier B
1.07
0.81
32.1%

Products you're overspending on are great candidates to switch supplier or renegotiate pricing.

Industry Benchmarking

Compare your prices to industry averages and instantly see where you're overspending. Our 30-day pricing comparison highlights products where you're paying above market rates, helping you negotiate better deals.

Spend Analytics

Top lists: adjustable range • Monthly totals: last 365 days

Top Products by Spend

Last 30 days • Top 5

306090
Total (top 5):5,174.79
1.Brioche Bun
1912.50
2.Oat Barista Blend
972.00
3.Chocolate Chip Cookie
404.82
4.Protein Ball
377.82
5.Cinnamon Swirl
352.50

Top Suppliers by Spend

Last 30 days • Top 5

306090
Total (top 5):7,313.49
1.Supplier A
3977.94
2.Supplier B
1532.82
3.Supplier C
1055.70
4.Supplier D
434.58
5.Supplier E
312.45

When was the last time you negotiated pricing with your top suppliers?

Spend Analytics

Get detailed insights into your top products and suppliers by spend. Identify where your money is going and make data-driven decisions to reduce costs.

Supplier Pricing Questions

Clear answers for teams trying to protect margins from silent supplier price changes.

How does restaurant supplier price tracking work?

Restaurant supplier price tracking compares each new invoice against historical supplier prices and comparable market benchmarks. Otis extracts invoice line items, normalises products into consistent units, and highlights changes in unit cost so operators can spot price increases before they quietly reduce gross margin.

How can hospitality businesses detect supplier price increases?

Hospitality businesses can detect supplier price increases by tracking product-level invoice history, pack size changes, and unit costs across every delivery. Otis monitors those signals automatically and sends alerts when a supplier price rises, a product becomes expensive against benchmarks, or a change needs review.

What is product price normalisation?

Product price normalisation converts messy invoice descriptions, units, and pack sizes into comparable product prices, such as price per kilogram, litre, or unit. This helps restaurants compare like-for-like supplier costs even when vendors describe the same product differently or change packaging over time.

Case Study:

Chimac

How one restaurant caught hundreds in hidden price increases

"We started getting price alerts almost immediately for so many products that we would never have noticed. The alerts were eye-opening:"

73%

Apple Cider Vinegar

30%

Cornflour

23%

Butter

Thanks to Otis, we recognized these price increases immediately and were able to either switch suppliers or negotiate better pricing, saving hundreds within the first few weeks alone."

Chimac Restaurant

Operations Team

Choose Your Plan

Start free, upgrade to Pro for full analytics, or move to Pro Multi Site when you need coverage across multiple locations.

Free

For getting started with one location.

Free
  • 1 user
  • 5 price alerts per month
  • Mailbox integration for automatic invoice ingestion
  • Access to invoices data
Most Popular

Pro

For single-site operators who want full analytics.

€25/month
  • Unlimited alerts
  • Industry benchmarking
  • Product analytics
  • Supplier analytics
  • Price history exports
  • Weekly and monthly reports
  • Multi-user access
  • 1 site included
5 Sites Included

Pro Multi Site

For multi-location operators who need one shared view.

€45/month
  • Everything in Pro
  • Manage up to 5 sites
  • Centralized multi-site visibility
  • Discover and confirm locations from invoice addresses

What Our Customers Say

See how leading hospitality businesses are protecting their margins with Otis.

Otis caught a 28% price increase on Rocket and a 20% increase on butter - two products we buy weekly. Thanks to these alerts, we were able to negotiate better pricing and protect our margins.

Mad Yolks

Mad Yolks

Head Chef

The intelligent alerts saved us hundreds within weeks of signing up, and we're on track to save thousands by the end of the year. We now negotiate better deals with our suppliers thanks to the data insights.

Chimac

Chimac

Operations Manager

When we noticed alerts for 20% or more on certain fruits, we were able to quickly change suppliers to get better pricing. The cost savings have been substantial.

Urbanity

Urbanity

General Manager

Ready to Protect Your Margins?

Join leading hospitality businesses using Otis to stay ahead of price increases.