Cost of Goods Manager

Cost of Goods Manager
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Your AI purchasing manager — photograph an invoice and Grace tracks what you buy, watches for price increases, and finds you savings across your suppliers.

Included in Grace Complete

This is an advanced tool, included in the Complete plan — the full power of Grace.

Voice
Not in this tier
Growth
Not in this tier
Complete
✓ Included

Everything, in one organized flow

✓

Capture invoices any way you like — snap a photo, drop a PDF, forward the email, or import a CSV

✓

AI reads every line item (Claude Vision + OCR) — no manual data entry

✓

Watches unit prices over time and flags the largest cost increases the moment they happen

✓

Ranks your suppliers and compares the latest paid price across vendors for the same item

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Surfaces savings opportunities, largest first — and what you'd save by switching vendors

✓

Monthly spend, spend by category over 12 months, and a next-quarter product forecast

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Approval queue, price history and a full audit log keep purchasing accountable

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Ask Grace about your purchasing in plain English

Why Cost of Goods Manager

Most stores never see their true cost of goods until it is too late — prices creep up invoice by invoice, and no one has time to compare every supplier on every item.

Cost of Goods Manager turns your invoices into a live picture of what you buy, what it costs, and where you are overpaying.

Capture invoices any way you like

You do not have to type anything in — Grace reads your invoices for you, line item by line item.

Get invoices into Grace however is easiest:

Snap a photoDrop a PDFForward the emailImport a CSV

Grace uses AI vision and OCR to pull every product, quantity and price — no manual data entry.

Catch price increases before they hurt you

Grace tracks the unit price of everything you buy over time.

The moment a supplier raises a price, Grace flags the largest cost increases so nothing slips by unnoticed.

Compare suppliers instantly

Grace ranks your suppliers and compares the latest paid price for the same item across all of them.

So you always know:

Who has the best priceWhere you are overpayingHow much you would save by switching

See the savings, largest first

Grace surfaces your biggest savings opportunities at the top, with the dollar amount you could recover.

You also get monthly spend, spend by category over the last 12 months, and a product forecast for next quarter.

Ask Grace about your purchasing

Ask a plain-English question about what you buy — “which supplier raised prices the most this quarter?” — and Grace answers straight from your own data.

The Goal

Cost of Goods Manager helps your store:

  • Know your true cost of goods
  • Catch price increases the day they happen
  • Compare every supplier on every item
  • Recover margin you are leaving on the table
  • Make smarter buying decisions
  • Turn a pile of invoices into a clear plan

See Cost of Goods Manager on your own store

Book a live demo and we'll walk you through it with your store in mind — or start your free trial today.

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