Profitable Decisions.Delivered Real-time.
Piik helps restaurants and retailers make profitable decisions by recommending data-driven actions using AI and advanced analytics.
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How Piik's advanced analytics help you
Piik aggregates data from multiple sources to uncover patterns and provide interactive analyses and trends, reliably predict sales, and recommend specific actions to grow sales and optimize costs.
Reporting & Analytics
Analyze sales, labor, inventory, and other business data in one place to quickly understand underlying reasons for performance.
- Automate aggregation of data from multiple systems and reduce reporting process costs and enable quicker, and smarter, decisions.
- Interactive dashboards available anytime, anywhere, on any device (desktop, mobile) to see trends, performance outliers, and drill-downs to quickly answer business questions.
Reliably predict demand and outcomes based on underlying data patterns and key events
- Sales forecasts with over 90% accuracy.
- Price elasticity analysis (coming soon).
Piik.io algorithms continuously analyze and uncover patterns in sales, transactions, and product combinations to recommend:
- Which product combinations work better than others.
- Which items to promote through sales discounts, when, and at which locations.
Efficiently manage and optimize your inventory and ordering.
- Analyze historical inventory and ordering patterns to avoid stock-outs and lost sales.
- Reduce cost of wastage and obsolescence.
Minimum wages are on the rise in most jurisdictions.
- Analyze staff performance and labor costs in relation to sales and store location.
- Optimize staffing schedules based on predicted sales forecast through data-driven analyses of location footfall, transaction volumes, productivity profiles, and costs.