Restaurant365 Reviews and Ratings

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.