The Restaurant Technology Guys Podcast brought to you by Custom Business Solutions · Restaurant Technology Guys Podcast, sponsored by Custom Business Solutions

Revolutionizing Restaurant Costs with AI Solutions

·38 min·2 clips

SpendBrain found a CO2 leak across multiple locations and recovered more than $10,000 for a client.

1. The Restaurant Technology Guys Podcast episode centers on SIB’s SpendBrain and restaurant cost reduction for multi-site operators. 2. Jeremy Julian hosts and Eric Steele, Chief Revenue Officer at SIB, explains why procurement and invoice review matter to restaurant owners. 3. The episode asks whether operators should chase 3% to 5% more sales or save money with zero guest impact. 4. Eric says SIB has been around for 35 years, works with most of the largest restaurant groups in the U.S., and has 600 employees. 5. He says about 400 of those employees are experts in waste, linens and laundry, telecom, and SaaS. 6. Eric describes SpendBrain as an AI spend ontology and knowledge graph built from contracts, invoices, and spend data. 7. He says the tool lets operators ask questions like why a waste bill changed in Chicago or what the per-cubic-yard cost is in Maine. 8. Eric says the average savings from the tool is around 3% of indirect spend. 9. He says a 45-unit franchise group showed wild swings in credit card processing fees, including a 100% difference from store to store. 10. He also says geographies, warehouses, pack sizes, and SKU differences can make a contract price fail in practice. 11. Eric recounts a CO2 case where anomaly detection exposed a leak across multiple locations. 12. He says that example produced more than $10,000 in recovered spend. 13. He says one client with 3,000-plus locations had 43 anomalies detected in eight days from one month of waste data. 14. He says that waste review identified $1.4 million in errant spend. 15. Eric says SIB uses a letter of authorization when clients cannot get contracts from vendors. 16. He says the company builds a client-specific microsite, runs a golden question workshop, and tracks savings on a scoreboard. 17. The interview style is practical and back-and-forth, with Jeremy pressing on objections and Eric answering with examples. 18. The tone stays operational and direct, with specific numbers, vendor scenarios, and restaurant examples. 19. Restaurant operators, franchise CFOs, and procurement leaders will get the most value from this episode. 20. Listeners looking for abstract AI discussion without restaurant cost examples can skip it.

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