Restaurant365
Restaurant365 is an all-in-one restaurant management software that integrates accounting, inventory, scheduling, and payroll into a single cloud-based platform to help you control food costs and increase store profitability.
Toast
Toast is an all-in-one point of sale and restaurant management platform designed to help you streamline operations, increase sales, and create better guest experiences through integrated technology.
Quick Comparison
| Feature | Restaurant365 | Toast |
|---|---|---|
| Website | restaurant365.com | toasttab.com |
| Pricing Model | Subscription | Freemium |
| Starting Price | $469/month | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2011 | 2011 |
| Headquarters | Irvine, USA | Boston, USA |
Overview
Restaurant365
Restaurant365 provides you with a unified platform to manage every aspect of your restaurant operations. Instead of jumping between disconnected systems, you can handle your accounting, inventory, and labor management in one place. This integration allows you to see your true food costs and labor expenses in real-time, helping you make faster decisions that protect your margins.
You can automate manual tasks like invoice processing and bank reconciliations while gaining deep visibility into your store's performance through detailed reporting. Whether you run a single independent location or a national franchise, the software scales to meet your needs by connecting directly with your POS system and broadline food distributors to streamline your entire back-office workflow.
Toast
Toast is a comprehensive restaurant management platform that centralizes your entire operation into one system. You can handle everything from front-of-house point of sale transactions to back-of-house kitchen displays and inventory tracking. Whether you run a small cafe, a busy full-service restaurant, or a multi-location franchise, you can customize the hardware and software to fit your specific service model and workflow.
You can manage your staff with integrated payroll and scheduling tools while building guest loyalty through built-in marketing and rewards programs. The platform also enables you to expand your reach with online ordering and delivery integration, ensuring you never miss a sale. By putting all your data in one place, you can make faster, more informed decisions to grow your business and improve your bottom line.
Overview
Restaurant365 Features
- Integrated Accounting Manage your general ledger, accounts payable, and financial reporting with a system built specifically for restaurant industry requirements.
- Smart Inventory Track your theoretical versus actual food costs and automate your ordering process to reduce waste and prevent overstocking.
- Labor Scheduling Create employee schedules based on sales forecasts and track labor targets to ensure you stay within your budget.
- AP Automation Scan and digitize your paper invoices automatically to eliminate manual entry errors and speed up your payment cycles.
- Manager Logbook Communicate across shifts and track daily notes, weather impacts, and staff performance in a centralized digital record.
- Custom Reporting Build detailed financial and operational reports to identify trends across multiple locations and improve your bottom line.
Toast Features
- Point of Sale. Process orders and payments quickly with durable hardware designed to withstand the heat and spills of a busy kitchen.
- Kitchen Display System. Connect your front and back of house instantly so your kitchen staff can manage tickets and prep times efficiently.
- Online Ordering. Take orders directly through your own website and skip the high commissions of third-party delivery apps.
- Inventory Management. Track your food costs in real-time and manage your stock levels to reduce waste and improve your margins.
- Payroll & Team Management. Simplify your administrative work by syncing timesheets directly with payroll and managing employee benefits in one place.
- Guest Loyalty Programs. Create custom rewards and email marketing campaigns to keep your customers coming back and increase their lifetime value.
Pricing Comparison
Restaurant365 Pricing
- Financial accounting
- Accounts payable automation
- Bank integration
- POS integration
- Financial reporting
- Manager logbook
- Everything in Essential, plus:
- Inventory management
- Recipe costing
- Food waste tracking
- Smart ordering
- Labor scheduling
Toast Pricing
- 1 terminal included
- Cloud-based POS software
- Payment processing integration
- Customer engagement tools
- Real-time reporting
- Standard support
- Everything in Quick Start, plus:
- Advanced POS functionality
- Table management
- Menu management
- Kitchen display system access
- Multi-location management
Pros & Cons
Restaurant365
Pros
- Eliminates manual data entry between POS and accounting
- Provides excellent visibility into theoretical food costs
- Streamlines multi-unit reporting into a single view
- Strong integration with major food distributors
- Simplifies the period-end closing process significantly
Cons
- Significant time investment required for initial setup
- Learning curve can be steep for non-accountants
- Mobile app functionality is more limited than desktop
- Customer support response times can vary
Toast
Pros
- Intuitive interface makes training new staff quick and easy
- Reliable offline mode keeps you taking orders during internet outages
- Hardware is specifically built for heavy restaurant use
- Seamless integration between online ordering and the kitchen
Cons
- Requires use of Toast for payment processing
- Contract terms can be long and difficult to exit
- Customer support response times vary during peak hours