Name: Restaurant365
Price: 435 USD
Rating: 10 (7 reviews)
Author: Restaurant365

Digital Adoption

Help Desk

Web and Video Conferencing

Customer Support

Mobile App Development

Push Notifications

Text Editors

Development

Online Learning

Education

Business Intelligence (BI)

Collaboration

Enterprise

Accounting

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Recruitment Automation

Resume Parsing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

AI Agent Builder

App Development

Browser

Cloud Storage

Component Content Management

Data Center Infrastructure Management

Fraud Detection

Hosted Virtual Desktop

Hyper-Converged Infrastructure

Integration Platform as a Service (iPaaS)

Internet of Things (IoT)

Managed Print

Network Performance Monitoring

Process Mining

Security Awareness Training

Software Defined Storage (SDS)

Solid State Drives

Tower Servers

Virtual Desktop Infrastructure (VDI)

Virtual Private Network (VPN)

VoIP Monitoring

Web Application Firewalls

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Business Card Scanning

Content Management

Data Management

Digital Analytics

Digital Experience Platforms (DXP)

Email Management

Email Marketing

Event Registration

Graphics

Heatmap and Session Recording

Marketing Automation

Marketing OS

Online Reputation Management

Real-Time Interaction Management

Search Marketing Intelligence

Social Media Management

Social Media Publishing

Survey & Forms Building

Swag Management

Web Analytics

Marketing

Business Caller ID

Project Management

Professional Services

Customer Relationship Management (CRM)

eCommerce

Sales

Assisted Living

Car Rental

Church Management

Construction Accounting

Jail Management

Vertical-Specific

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### Accounting & Finance
Reviewers generally praise Restaurant365's comprehensive accounting and financial capabilities. Users appreciate the platform's ability to streamline accounting processes, generate detailed financial reports, and facilitate cost analysis effectively. The integration with banking modules and the ease of managing multiple entities within a single system are highlighted as significant advantages. However, some users express minor concerns about customization options for reports and historical data tracking. Despite these minor drawbacks, Restaurant365's accounting and finance functionalities are seen as valuable assets for enhancing financial management efficiency in restaurant operations.

### Payroll & HR
Reviewers have expressed mixed feelings about Restaurant365's HR and payroll capabilities. While some users appreciate the ease of scheduling and payroll processing, others have raised concerns about the system's speed and lack of integration with other payroll solutions. The platform's user-friendly interface and ability to streamline processes have been highlighted as positive aspects, but there are also mentions of design issues and challenges with certain functionalities like scheduling. Additionally, some users have noted a decrease in service quality over time, possibly due to growth and staff training. Despite these mixed reviews, Restaurant365's payroll and HR features seem to offer a range of functionalities that cater to different business needs.

### Vendor & Purchase Management
Users consistently praise Restaurant365's vendor integration and purchasing capabilities. They find the system intuitive and efficient for managing vendor invoices and journal entries. However, some users express frustration with the complexity of creating vendor bank credits via ACH. Despite this minor drawback, the overall sentiment is positive towards the platform's ability to streamline vendor interactions and purchase management processes. The system's ability to automate AP processing and provide detailed insights into vendor relationships is highly valued by users.

### Inventory Management
Users generally praise Restaurant365's inventory management capabilities, highlighting features such as inventory costing, tracking, and the intuitive feel of the software. The ability to control prime costs, set metrics for managers, and track inventory variance are noted as significant benefits. Despite some minor issues with inventory reporting and occasional software slowdowns, users appreciate the platform's efficiency in managing inventory and enhancing operational processes. The system's integration with POS systems and vendor data is commended for streamlining inventory tracking and cost analysis, ultimately contributing to improved decision-making and cost savings within restaurant operations.

### Operations & Efficiency
Users consistently praise Restaurant365's efficiency and operational functionality, highlighting its impact on streamlining processes and enhancing overall organization. The platform's ability to centralize accounting and operations functions into a single, user-friendly system has garnered positive feedback. While some users have noted minor issues with specific features like PTO request syncing, overall, the consensus leans towards the system's effectiveness in improving data organization, reporting capabilities, and daily operational tasks. Users appreciate the time-saving aspects of the software, particularly in areas such as inventory management, scheduling, and cost analysis. Despite some concerns about limited reporting modules and occasional system bugs, the general sentiment remains positive towards Restaurant365's operations and efficiency offerings.

### Menu & Recipe Management
User feedback on Restaurant365's menu and recipe management functionality varies widely, with some users highlighting the system's ease of data integration from POS and third-party vendors, as well as its intuitive daily processing. However, concerns have been raised about the system's menu mapping process, with users finding it cumbersome and time-consuming. Additionally, some users have noted limitations in historical recipe recording and occasional glitches in reporting accuracy. While some users appreciate the system's menu selections and customization options, others feel that certain aspects, such as recipe costing, are not working optimally. Recommendations have been made for improved menu item setup and the need for dedicated support during menu item/pricing updates and mapping.

### Reporting & Analytics
Users generally appreciate the robust reporting and analytics features offered by Restaurant365, particularly the ability to generate a variety of reports and the ease of accessing real-time data. While some users have mentioned minor issues with customization and formatting in certain reports, overall, the consensus leans towards positive feedback regarding the platform's reporting capabilities. The platform's reporting tools seem to be a valuable asset for users looking to streamline their data analysis and reporting processes.

### Compliance & Legal Management
Users generally appreciate Restaurant365's ability to handle multiple legal entities and due to/from accounts, highlighting the ease it brings to their accounting processes. However, there are concerns raised about the limitations of the reporting module, particularly for businesses with complex operations or multiple legal entities. Additionally, feedback indicates that the catering module may not fully meet the needs of event catering companies due to its design limitations. Despite these challenges, users acknowledge the support team's effectiveness and the software's potential for enhancing compliance and legal management functionalities.

### Multi-Unit & Franchise Management
While some users appreciate the ease of jumping between entities and the convenience of splitting invoices across multiple locations, others find the user interface cumbersome and encounter bugs with new features. The ability to handle multiple legal entities is praised, but there are concerns about the software's compatibility with smaller establishments. Despite the positive feedback on features like intercompany transactions and automated tasks, there are recurring issues with customization and security, as well as challenges with bank account access and payroll service integration.

### POS Integration
Users generally appreciate Restaurant365's strong POS integration capabilities. The integration between the accounting software and POS system has been highlighted as a significant time-saver and problem solver. Users have noted that the automation with vendors and the digitization of processes, including POS integration, have streamlined operations and improved efficiency. However, some users have encountered challenges with the level of detail in communication between their POS system and Restaurant365, impacting the effectiveness of certain modules. Despite this, the majority of users find the POS integration to be a valuable feature that enhances their overall experience with Restaurant365.

### Training & Support
Users generally praise Restaurant365's support team and training resources. The majority of reviewers highlight the quick response times and helpfulness of the support staff, making it easy to address any queries or issues promptly. However, some users have expressed concerns about the initial setup process, suggesting that more comprehensive training sessions for new clients could be beneficial. Additionally, a few reviewers have noted a potential decrease in service quality over time, possibly due to staff training and company growth. Despite these minor drawbacks, the overall consensus leans towards positive experiences with Restaurant365's training and support capabilities.

### Implementation & Customization
User opinions vary on Restaurant365's implementation and customization capabilities. While some users appreciate the ability to build custom reports and the ease of adding users, others find the customization options limited and challenging to implement. The additional fees for certain customization features have been a point of contention for some users. It is recommended to thoroughly prepare and work closely with the implementer to ensure a smoother transition and to maximize the system's capabilities. The learning curve associated with the platform has been highlighted, emphasizing the importance of investing time in understanding the system before going live.

### Scheduling & Labor Management
User feedback on Restaurant365's scheduling and labor management features is a mixed bag. While some users appreciate the platform's scheduling capabilities and its assistance in managing labor costs, others express concerns about the usability of the scheduling platform. The integration with other payroll solutions is highlighted as an area that could be improved to streamline processes further. Despite some reservations, users acknowledge the potential benefits of the system in enhancing scheduling efficiency and controlling labor expenses.

Based on user reviews, the most common recommendations for Restaurant365 and Compeat are:

1. Users recommend being well organized and utilizing the sandbox situation before going live with Restaurant365. They also suggest asking questions and getting clarification when needed, as the support is helpful. However, it is advised to consider alternative software options due to frustrations with Restaurant365.

2. Some users highly recommend Restaurant365 and suggest comparing it with 1-2 other solutions after doing thorough research. The value of simplicity and having fewer systems that can do more is emphasized. Additionally, users mention the great customer service and express anticipation for future improvements.

3. Compeat is recommended by users for its ease of use and comprehensive coverage of all aspects of the restaurant business, including scheduling, invoicing, sales forecasting, and more. The paperless feature is also praised. It is suggested to consider individual company needs when selecting software.

Users have found it easier to manage finances and track expenses with this product. It has streamlined bookkeeping, making multi-company entries more manageable. Online banking imports integrate seamlessly, allowing for faster reconciliations. Restaurant operators appreciate the intuitive and simple system that empowers them to explore different reporting options. On-demand reporting provides timely information to operators. The product eliminates the need for separate daily sales entries into the general ledger. However, some reports may require support to fix as they were not adequately tested with actual data. Nevertheless, it provides insights into the performance of multiple locations and allows for daily financial insights for management teams, enabling necessary adjustments. The accounting team finds it efficient and insightful, especially with the inventory module, helping identify food cost issues and improve profit and loss analysis. Real-time reporting and email notifications ensure accessible information for all managers. It serves as an all-in-one solution for accounting, reporting, and cost controls, improving data organization and reporting capabilities. It also helps lower food costs and provides up-to-date costing information. Integration with point-of-sale systems reduces the need for additional accounting staff. Users can investigate variances in food cost, track inventory and price variances, simplify reconciliation, tips payable, and weekly journal entries. Cost savings and improved inventory management are reported by many users who have digitized paper processes, integrated POS systems, and automated vendor accounts payable. Reporting is easy on both fiscal and operational calendars, saving time during month-end close procedures. Although some users have experienced issues requiring additional work or double-checking of results, others benefit from features like automatic journal entry creation between companies within the product. The software also improves scheduling and attendance management while aiding users in managing multiple locations and evaluating costs effectively. Roster viewing, access to pay stub history, improved organization, efficiency, finance consolidation, tracking/reporting capabilities are additional advantages reported by users using this software solution for financial management purposes as well as inventory management, cost analysis, and product pricing adjustments. It serves as a one-stop-shop for restaurant needs, offering reports, messaging capabilities, and centralized information. Users can easily schedule employees, manage time-off requests, and handle shift trades while streamlining AP processing, reporting, and budgeting. Integration with other systems simplifies invoice processing and enhances P&L reviews. Reducing redundancy, simplifying banking integration, and streamlining reconciliation are key features of this comprehensive solution for accounting, inventory, and financial management. Quick review and editing of Profit & Loss statements is facilitated by the drill-down feature. The software enables remote work and ensures smooth business operations. Users appreciate the ease of paying invoices, organizing inventory, and projecting future sales. With features such as invoicing and various reports, along with visually appealing graphs that aid in data visualization, customers find the software invaluable for streamlining documentation management and keeping track of expenses, food costs, and inventory. Tracking food costs, labor percentages, and scheduling is made easy as the software integrates with POS systems and imports all bank activity to ensure no transaction is ever lost. Creating or importing journal entries, balancing, and month-end reconciliation have been significantly expedited by this software, reducing the time required from over an hour to just a few minutes. Running a P&L report at any time allows users to analyze expenses in detail and gain valuable insights into where they occur. By addressing issues related to use and waste management, the software helps businesses track every penny's location and utilize products effectively.

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).

Essential

Professional

Custom

Compeat in Austin, Texas offers their restaurant management platforms which combine inventory planning and forecasting with workforce management and controls. Their platform comes in two editions: Advantage for smaller independent and chain restaurants, and Enterprise for large chains.

Compeat now includes Ctuit Radar (acquired 2017) as its core operating system, and the foundation for the Compeat Intelligence, Logbook, Labor, Schedule and Inventory solutions that are part of the platform.

Toast Point of Sale is a cloud-based restaurant point of sale solution provided as the foundation for Toast's all in one restaurant management solution which supports payment processing, as well as customer care, gift cards and loyalty, as well as back of house and back office (HR, payroll, schedule and shift management, etc.).

Starter

Essentials

Growth

Toast Point of Sale

Restaurant365

Restaurant Management Software assists restaurant owners and managers with automation of administrative tasks, workforce management & scheduling, inventory tracking & control, orders, and payroll. More often than not, they include an integrated POS (or a tight integration with a point of sale system offered by a partner vendor).

Beyond these relatively straightforward functions a restaurant management platform might distinguish itself by providing advanced and interpretable analytics and revenue tracking, an attractive and functional mobile app, and support for ecommerce with online orders and delivery support and tracking.

Restaurant Management

Likelihood to Recommend

Basecamp

Toast Payroll & Team Management

Restaurant365 2021-02-23 14:28:17

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Credit cards

Expense tracking

Sales tracking

Home

Restaurant Management Software

R365 has been a huge asset to our restaurant. It imports all bank activity so no transaction is ever lost and every penny is accounted for. Additionally, it integrates with our POS system so all of our sales and labor track. Creating or importing journal entries is easy. Balancing and month-end reconciliation takes just a few minutes instead of an hour + like before. We can run a P&amp;L at any time and drill down to see exactly where the expenses are happening. It addresses the problem of use and waste. We know where every penny goes, and where all the product goes.

Invoice tracking.
Expense tracking.
Sales tracking.
Labor tracking.

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.

Accuracy! Accuracy all around.
Now we know exactly how much money we are making, rather than a roundabout guess based off a spreadsheet.

Basecamp, Toast Payroll & Team Management, formerly StratEx, Toast Point of Sale

Restaurant365

Overview

What is Restaurant365?