Case Study: PopStroke saves $500K in COGS with Craftable

PopStroke saves $500K in COGS with Craftable

PopStroke, a hospitality entertainment company with 20 locations, faced challenges scaling its operations while maintaining financial control. Their manual processes, including Excel-based inventory tracking and credit card payments for invoices, lacked visibility and led to potential margin leaks. To address this, they partnered with vendor Craftable to implement its back-office platform for inventory, AP automation, and reporting.

By using Craftable, PopStroke automated invoice processing and gained real-time visibility into costs and variances. This new focus allowed them to identify waste and opportunities, resulting in over $500,000 in prime cost savings within the first year. The solution also increased efficiency, as a single AP clerk could now manage all locations. PopStroke anticipates Craftable will help them achieve an additional 1-1.5% reduction in food and beverage costs, projecting over $1 million in annual savings.

PopStroke