Fourth Procurement and Inventory vs. Restaurant365

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Procurement and Inventory
Score 8.0 out of 10
N/A
Fourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A
Restaurant365
Score 9.8 out of 10
N/A
Restaurant365 in Irvine, California offers what they describe as a complete restaurant management solution; it is back office oriented and so includes accounting and payroll, workforce management, scheduling, food costing and inventory controls, as well as analytics and reporting. Finally, the vendor boasts easy connections with external systems (e.g. POS systems).
$435
monthly (billed quarterly) per location
Pricing
Fourth Procurement and InventoryRestaurant365
Editions & Modules
No answers on this topic
Essential
$435
monthly (billed quarterly) per location
Professional
$635
monthly (billed quarterly) per location
Custom
Custom Quote
Offerings
Pricing Offerings
Fourth Procurement and InventoryRestaurant365
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Fourth Procurement and InventoryRestaurant365
Top Pros
Top Cons
Best Alternatives
Fourth Procurement and InventoryRestaurant365
Small Businesses
Webgility
Webgility
Score 9.9 out of 10
7shifts
7shifts
Score 9.5 out of 10
Medium-sized Companies
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
Jolt
Jolt
Score 9.5 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Fourth Procurement and InventoryRestaurant365
Likelihood to Recommend
7.4
(4 ratings)
10.0
(1 ratings)
Support Rating
7.5
(4 ratings)
-
(0 ratings)
User Testimonials
Fourth Procurement and InventoryRestaurant365
Likelihood to Recommend
HotSchedules and Fourth
The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
Read full review
Restaurant365
I think any business that needs to track its expenses and create a P&L and balance sheet could benefit from this program. Once you get the training on it, it really makes the whole thing a breeze, saves you time, and creates beautiful reports. I don't know any business that wouldn't need it. Maybe if your business is selling one thing, maybe it won't be worth it for you. I think the sales would need to back up the subscription price, so I would weigh that into the equation. But there is nothing R365 doesn't do. It does inventory, it does waste tracking, it gets into the nitty gritty of business.
Read full review
Pros
HotSchedules and Fourth
  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
Read full review
Restaurant365
  • Invoice tracking.
  • Expense tracking.
  • Sales tracking.
  • Labor tracking.
Read full review
Cons
HotSchedules and Fourth
  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
Read full review
Restaurant365
  • Credit cards and banks don't always connect, so sometimes you have to manually import transactions or reconnect the bank.
  • When classifying transactions, the program can lag at times.
Read full review
Support Rating
HotSchedules and Fourth
Too long to get an answer.
Read full review
Restaurant365
No answers on this topic
Alternatives Considered
HotSchedules and Fourth
No answers on this topic
Restaurant365
The sales integration and labor integration with our POS is really where it is light years better than QB. Quickbooks is good, but R365 is like QB on steroids. The drill down feature is fantastic, which QB doesn't have, and again, the sheer number of reports and customization is an asset. There is so much customization on R365 that I forgot to mention earlier on. And the level of support! You can go to their online support center and get answers so fast! You chat with a live person, not a bot, and they are real people giving you real answers.
Read full review
Return on Investment
HotSchedules and Fourth
  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
Read full review
Restaurant365
  • Accuracy! Accuracy all around.
  • Now we know exactly how much money we are making, rather than a roundabout guess based off a spreadsheet.
Read full review
ScreenShots

Fourth Procurement and Inventory Screenshots

Screenshot of Screenshot of Screenshot of