In 2021 restaurants across the country paid their employees tens of billions of dollars, according to the Bureau of Labor Statistics. Those responsible for tracking,
...when looking at recent restaurant sales and traffic. At sandwich chain Subway, for example, same-store sales rose 7.8% in 2022 in its North American markets
...evolution of the restaurant industry and the new era of digital hospitality. In March of 2021, we became a publicly-traded company on the NYSE. What
David Keith Product Manager, Accounting Restaurant365 David Keith is Product Manager, Accounting at Restaurant365. After graduating from Washington State University with a Hospitality Business Management
...the fast pace of their industry and because business needs and compliance standards are always changing.” To start training right away, Petsali says, restaurants rely
...on food away from home in 2022, a 16% increase from 2021. That upward trend continued through 2023 according to projections. In December 2023, same-store
...of people celebrated the holiday, collectively spending a record-high $22.9 billion. That’s nearly $3 billion more than in 2022 and exceeded the previous record of
...earning a degree in Hospitality Business Management from Washington State University, David spent nine years in restaurant management with The Old Spaghetti Factory, Doubletree Hotels,
...the way. Inventory tracking is not only critical for the day-to-day financial health of a restaurant, but it also informs long-term business strategy as well.
WEBINAR RECORDING 9 Payroll & Accounting Best Practices As labor costs continue to rise and employment creeps back toward pre-pandemic levels, restaurant operators must continue
guide resource 9 Payroll & Accounting Best Practices With continued challenges around labor costs and availability, restaurants must do everything possible to recruit and retain
WEBINAR RECORDING Holiday Volume Without the Chaos: Inventory & Ops Best Practices Run a Smoother, More Profitable Holiday Season NOVEMBER 13TH 11:00 AM CT The
...path toward improving profits, efficiency, and growth. It all starts with best-in-class tools to ensure your managers and teams are at their best each and
...Operators that are using sales, food cost and labor data to clearly understand their business are best positioned to stay profitable during uncertain times.” While
...another disconnected layer. The best solutions work across accounting, inventory, labor, and workforce data so insights reflect the full operation. Timely, actionable insight: Instead of
...combined with your personal preferences. By carefully reviewing your restaurant data, you can decide what is best for your unique business. Do you need a
...how R365 can help. Get a Free Demo What to look for in all-in-one restaurant management software Not all “all-in-one” platforms are created equal. The
...remove inefficiencies before you find yourself drowning in disorganization. Pare down your Chart of Accounts (COA) As your business grows, your chart of accounts grows
...great insights into your business’s performance in the new year. By proactively organizing your accounting processes, you’ll be in the best position possible when it
Restaurant365 brings together accounting, operations, scheduling, and more in a flexible platform—empowering restaurants to choose the solutions they need and scale with confidence.