Restaurant365

Restaurant365

Accounting and operations for multi-unit restaurants

4.1/5 (31 reviews)

Restaurant365 Overview

Restaurant365 is a cloud-based solution which assists restaurants with inventory management, operations, performance tracking, payment processing, multi-level approval flows and more. It provides customizable reports on metrics such as sales, menu items, labor, inventory and food and recipe costing.

The application comes with an accounting module which aggregates data from POS devices and exports it into the connected payroll processor. Teams can use Restaurant365 to prepare budgets for multiple locations and process data such as food and recipe costs and inventory. The suggestive ordering feature lets procurement team optimize their inventory purchases and track stock counts. Employees can create schedules for different functional areas of the restaurant and monitor performance objectives and labor costs. It lets shift managers track hours worked by staff and manage time off requests.

Restaurant365 provides customizable reports on metrics such as sales, menu items, labor, inventory, and food and recipe costing. Managers can use the system to generate real-time operational profit and loss reports. The AP automation tool creates digital versions of paper invoices and routes them through workflows for approval.

Pricing

Starting from
US$159,00/month
Pricing options
Free Trial
Subscription
Value for money

Devices

Business size

S
M
L

Markets

United States

Supported Languages

English

Restaurant365 Reviews

Overall rating
4.1/5
84% positive reviews
10
Excellent
16
Very good
3
Average
2
Poor
0
Terrible
Caleb R.

On the way

Used Daily for 2+ years
Reviewed on 2019/06/27
Review Source: Capterra

We have streamlined our accounting process. It still needs work, but it's much better than using quickbooks online. We use the invoicing, payments, and inventory weekly if not more frequently.

Pros

Ease of use, in depth customization and all of the information that you can need for restaurant management

Cons

Bugs, crashes, faulty features, but that's about it

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

8.0/10
Robert M.

Restaurant365 Review

Used Daily for 2+ years
Reviewed on 2019/04/12
Review Source: Capterra

Having a cloud based software is the way to go! You get the benefits of accessing the system anytime, anywhere. Our operations team can now access their P&L's and they love it! Being able to drill down into the P&L's and Balance sheet is simple and the analytics in the reports are very useful. Unfortunately we are not able to be POS integrated so we cannot use the software to it's full advantage but from what we get out of it right now it is a step above where we use to be. It's an innovative company that is always looking to better the product and frequently releases new features. Overall a great product and would recommend!

Pros

Pros include - cloud based system, unlimited amount of users, ability to have invoice images attached to invoice entry, bank reconciliations are quick & efficient and rock our socks off, there are multiple reports available that are pre-built and can be customizable, the ability to drill down into P&L's and balance sheets has taken our team to the next level with auditing financial statements.

Cons

Some of the cons we have experienced is that the dev team can't fix issues in a timely manner. We'd like issues resolved quicker but it may take more time than we hope. We wish the search function was a little better. You can search anything but in order to get results you have to know how it was entered into the system.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

8.0/10
Michael N.

Review from a Finance Manager

Used Daily for 1+ year
Reviewed on 2019/04/01
Review Source: Capterra

Our overall experience with the software has been great. It integrates nicely with our other systems, like our POS and invoicing system. We as a company may not be fully utilizing the software and trying to retroactively getting different sections up to date takes a long time, if you have multiple concepts. The system runs slow at times but it is nice to be able to see and analyze all of our financials under one login unlike quickbooks in which you have to switch back and forth between logins to see your different locations.

Pros

I like that it easily integrates with Toast and Aloha POS. It is also very good at breaking down the different financial statements like the profit and loss and balance sheet. If you have multiple locations, it is nice to see everything in a single login and that you don't have to switch back and forth between locations.

Cons

If you don't have a little financial background it may be a little hard to navigate the software. The software is nice and comprehensive but if you come in as a user after everything has already been set up, it is a little hard to understand. I would like the training materials to be a little easier to understand or at least have videos. Sometimes the software can run slow which can be inconvenient if you are trying to do things in a quick manner.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10
Bruce N.

CFO review of Restaurant 365

Used Daily for 2+ years
Reviewed on 2019/04/11
Review Source: Capterra

One of the best aspects of Restaurant 365 is that the accounting tool allows for custom periods so that P & L statements can be easily compared to budgeted projections. This feature allows our managers to adjust to line item expenses on a daily and weekly basis. Although no new software integration comes without some pain, Restaurant 365 is now permanently ingrained in our culture.

Pros

The accounting and GL is stronger than any other combined analytic and accounting software I have reviewed. The budgeting tool is excellent. I greatly enjoy the ease at which data can be exported to Excel and reimported back into Restaurant 365. Overall, Restaurant 365 has help me train my operation managers to become business managers!

Cons

Does not handle credit card tips paid out in server and bartender paychecks.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Verified Reviewer

Restaurant 365 Review

Used Daily for 2+ years
Reviewed on 2019/03/29
Review Source: Capterra

Overall, I think Restaurant 365 is great and I wish I had transitioned sooner!

Pros

What I like most about Restaurant 365 is the cloud based functionality and the direct integration with other industry software's (e.g., point of sale system). The financial reporting ability is crucial to my Company and when we transitioned from QuickBooks to Restaurant 365 I saw an immediate return. I appreciate the emphasis that Restaurant 365 puts on continued evolution as a company and as a resource to the industry.

Cons

What I like least about Restaurant 365 is the Ad Hoc reporting - I don't find it to be very intuitive. I also dislike the vendor and customer profiles and the inability to to navigate the transactions section with ease.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

Restaurant365 Pricing

Starting from
US$159,00/month
Pricing options
Free Trial
Subscription
Value for money

CORE plan: $159 per month
ESSENTIAL plan: $289 per month
PROFESSIONAL plan: $359 per month

Contact Restaurant365 for custom enterprise pricing.

Restaurant365 Features

  • API
  • Employee Management
  • Inventory Management
  • Inventory Tracking

  • Activity Dashboard
  • Automatic Notifications
  • Automatic Reminders
  • Barcode Scanning
  • Customer Database
  • Customer History
  • Customer Loyalty Program
  • Discount Management
  • Gift Card System
  • Invoice Management
  • Multi-Location
  • Order Management
  • POS
  • Real Time Data
  • Reporting & Statistics
  • Sales Reporting

Additional information for Restaurant365

Key features of Restaurant365

  • Accounting Management
  • Billing & Invoicing
  • Employee Management
  • Inventory Management
  • Multiple User Accounts
  • POS Integration

Restaurant365 FAQs

Below are some frequently asked questions for Restaurant365.

Q. What type of pricing plans does Restaurant365 offer?

Restaurant365 offers the following pricing plans:

Starting from: US$159,00/month

Pricing model: Subscription

Free Trial: Available

CORE plan: $159 per month
ESSENTIAL plan: $289 per month
PROFESSIONAL plan: $359 per month

Contact Restaurant365 for custom enterprise pricing.

Q. What are the main features of Restaurant365?

Restaurant365 offers the following features:

  • Accounting Management
  • Billing & Invoicing
  • Employee Management
  • Inventory Management
  • Multiple User Accounts
  • POS Integration

Q. Who are the typical users of Restaurant365?

Restaurant365 has the following typical customers:

Large Enterprises, Mid Size Business, Small Business

Q. What languages does Restaurant365 support?

Restaurant365 supports the following languages:

English

Q. What type of pricing plans does Restaurant365 offer?

Restaurant365 has the following pricing plans:

Subscription

Q. Does Restaurant365 support mobile devices?

We do not have any information about what devices Restaurant365 supports

Q. What other apps does Restaurant365 integrate with?

Restaurant365 integrates with the following applications:

MarginEdge, Paycom, talech

Q. What level of support does Restaurant365 offer?

Restaurant365 offers the following support options:

Knowledge Base, Phone Support, Video Tutorials