About Restaurant365

Restaurant365 is a cloud-based accounting solution for restaurants of all sizes. Key features include accounting, inventory, banking, budgeting and analytics. Restaurant365 offers general ledger features such as retail fiscal periods, fixed- and variable-based budgeting, cash forecasting, customizable financial reports, daily sales journal and labor accrual. Accounts payable includes 1099 forms, MICR check printing, e-signatures, vendor paying via ACH, AP aging by location and positive pay. Accounts receivable features multi-field and multi-transaction type search, transaction approval workflow and audit tracking. Restaurant365 also offers tools for labor scheduling, real-time inventory valuation, automatically updated costing, recipe creation and analysis and other operational modules. Restaurant365 offers versions for single- or multi-unit restaurant businesses. It’s available for purchase on a monthly subscription basis.
Restaurant365 Software - Bank Rule
Restaurant365 Software - AP Invoicing
Restaurant365 Software - Budgeting
Restaurant365 Software - Reporting Dashboard
Restaurant365 Software - Mobile App
Restaurant365 Software - Bank Rule - thumbnail
Restaurant365 Software - AP Invoicing - thumbnail
Restaurant365 Software - Budgeting - thumbnail
Restaurant365 Software - Reporting Dashboard - thumbnail
Restaurant365 Software - Mobile App - thumbnail

Restaurant365 pricing

Restaurant365 does not have a free version. Restaurant365 paid version starts at US$316.00/month.

Starting Price:
US$316.00/month
Free Version:
No
Free trial:
No

Alternatives to Restaurant365

QuickBooks Desktop Enterprise

QuickBooks Enterprise is an accounting solution designed for SMBs across different industry verticals such as constructi...

NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain...

Quickbooks Online

QuickBooks Online enables users to download and reconcile credit card transactions that allows businesses to organize...
Launched in 2012, POSist is a cloud-based restaurant technology and POS (point of sale) platform. It offers scalable,...

QuickBooks Desktop Pro

QuickBooks Pro helps to automate the billing and invoicing process and work order management from a single reconciliatio...

QuickBooks Online Advanced

QuickBooks Online Advanced is a cloud-based accounting solution that helps small to large enterprises manage expenses,...

Restaurant365 Reviews

Feature rating

Value for Money
4
Functionality
3.9
Ease of Use
3.9
Customer Support
3.8
5 reviews of 64 View all reviews
Charles
  • Industry: Food & Beverages
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
4
Customer Support
5

5
Reviewed on 2/8/2020

Unbeatable Inventory Management

There are countless benefits to using Compeat. It is excellent for large operations with high volume sales.

Pros

Once set up for your location is complete it makes managing inventory and ordering from vendors incredibly simple. You will be able to locate problem areas quickly.

Cons

Set up is extremely time consuming and you will definitely pay for the benefits it provides.

Alternatives Considered

Posist
Caleb
  • Industry: Restaurants
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
3
Ease of Use
4
Customer Support
4

4
Reviewed on 27/6/2019

On the way

We have streamlined our accounting process. It still needs work, but it's much better than using quickbooks online. We use the invoicing, payments, and inventory weekly if not more frequently.

Pros

Ease of use, in depth customization and all of the information that you can need for restaurant management

Cons

Bugs, crashes, faulty features, but that's about it

David
  • Industry: Accounting
  • Company size: 201–500 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
1
Features
1
Ease of Use
1
Customer Support
1

1
Reviewed on 23/2/2023

Converting from Compeat not easy

Pros

Able to drill down on transactions easily

Cons

Most everything else, especially their start up support. Budgeting was like an afterthought and very time consuming

Kathi
  • Industry: Restaurants
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
4
Customer Support
5

5
Reviewed on 31/12/2022

Cfo

Switching to R365 has been the best back office operational decision we have made in 30 years

Pros

Integration of all companies on one platform and ease of financial transaction interaction between them AND fairly seem less integration with POS /Toast data

Cons

I don’t like the submit requests for improvements. This is burdensome and seems to go into a black hole or you have to become a promoter of your idea

Verified Reviewer
  • Industry: Food & Beverages
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
4
Features
4
Ease of Use
3
Customer Support
5

5
Reviewed on 29/9/2020

R365 is a Robust Solution

Overall, we have had a positive experience. The onboarding process was great and the support has been good as well.

Pros

R365 has nearly all the software a restaurant would need in 1 solution. Inventory management, accounts payable, scheduling, payroll, etc.. We like that the software is specific to the restaurant industry and that the customer service seems to be very quick and efficient.

Cons

As compared to the previous software we utilized, R365's interface is less user-friendly. It has been a bit more difficult to produce the reports that we were used to and the scheduling interface is lacking certain staff notification features for schedule changes. While R365 is continually improving and providing features, we will continue to learn the software more in-depth and be able to take advantage of everything it offers.

Related categories