For restaurants, generic accounting software like Quickbooks just doesn't hit the mark. Restaurant365 is built for restaurant operators by restaurant operators with the tools and functionality you need to pursue your passion and grow.
“I’d like to get a report out of QuickBooks. I’m the regional manager for 7 of our 10 restaurants. I’d like to have a Profit and Loss Statement with the locations side by side and I need to see Prime Costs and Controllable Expenses. And I need the percentages of my beer costs to calculated off my beer sales. Oh, can you also have this report emailed to me automatically on Monday’s at 8:00 am?"
“I’d like to get a report out of QuickBooks. I’m the regional manager for 7 of our 10 restaurants. I’d like to have a Profit and Loss Statement with the locations side by side and I need to see Prime Costs and Controllable Expenses. And I need the percentages of my beer costs to calculated off my beer sales. Oh, can you also have this report emailed to me automatically on Monday’s at 8:00 am?"
Sorry, it's just not possible.
That’s a standard, out-of-the-box report. Run it live, anytime in a browser on your Mac, PC or mobile device; or have it delivered to your inbox. Have a question about chicken or avocado costs? Drill down to the source AP transaction showing the line-item detail of your purchases.
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Built for Restaurants | ||
Unlimited OCR | Requires Integration | |
EDI integrations with 170+ built-in vendor integrations | ||
Streamlined intercompany transfers and transactions | ||
Eliminate manual POS data entry – pull sales and labor data directly into the general ledger from the POS system | Requires Integration | |
Streamlined accounts and simplified consolidated financial documents for one account used by multiple locations | ||
Order to invoice variance tracking | ||
Split costs evenly amongst locations | ||
Reports updated in real-time once invoices are closed | ||
Pay vendors via R365 while generating rebates | ||
Approval workflows for invoice and payment approvals | ||
Schedule payments to go out in the future | ||
Automatic bank reconciliation and match reports | ||
Daily operational dashboard that offers everything needed to manage restaurant operations |
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General purpose for all industries. | Restaurant365 streamlines accounting, store operations, and workforce management for every kind of restaurant company, whether independent restaurant or national or international enterprise brand or franchise. |
Without the ability to store inventory items, restaurant operators and teams must manually adjust inventory entries and totals in a separate system. | R365 tracks your items, auto-updates item prices, records stock counts, and automatically creates your adjusting journal entry. Restaurant365 also offers iOS and Android apps that include inventory, boosting accuracy, and saving your team time.
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Requires manual intercompany entries, which becomes increasingly complicated and time-consuming for each additional legal entity. | Restaurant365 streamlines intercompany transactions with automatic recording.
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Requires a separate system for POS Integration, increasing workload and chance of errors. | Restaurant365 directly connects to your POS system, automatically imports data, and provides accurate reporting so you can better understand your performance and forecast with confidence.
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Time-consuming, manual bank reconciliation | R365’s direct integration with your financial institutions reduces bank reconciliation from days and weeks to hours while boosting accuracy and data utility.
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Without integration, downloading, cleaning, reuploading, and processing data is time consuming and rife with errors. | Restaurant365 offers a wide variety of out-of-the-box and custom reporting.
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Generating actual vs. theoretical cost reports is time-consuming and inaccurate. | Restaurant365 vendor integrations and recipes allow you to create dynamic theoretical cost reports to compare to actual prices of ingredients and kitchen performance to spot potential opportunities and where you might be leaking profit. |
QuickBooks has no security model, severely limiting your ability to decentralize data collection without creating more administrative work. | Restaurant365 empowers store-level managers and other team members to collect data and deliver real-time information to help drive growing margins.
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Requires a separate system for billing franchisees. | Restaurant365 automates billing your franchisees, helping your organization save time and money and it scales.
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Maintenance requires significant labor and capital. | With R365, there’s no need to make and store backups or set up and maintain remote access. It’s all part of the platform. |
500 Technology Drive, Suite 200
Irvine, CA 92618
Westech 360
8911 N Capital of Texas Hwy
Building 1, Suite 1200
Austin, TX 78759
Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.