Restaurant365

RATING:

4.1

(65)

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...

Restaurant365 Pricing

CORE plan: $249 per month ESSENTIAL plan: $369 per month PROFESSIONAL plan: $459 per month Contact Restaurant365 for custom enterprise pricing.

Starting price: 

$316.00 per month

Free trial: 

Not Available

Free version: 

Not Available

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Restaurant365 Reviews

Overall Rating

4.1

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4

Value for money

4

Functionality

4

Most Helpful Reviews for Restaurant365

1 - 5 of 65 Reviews

Charles

Verified reviewer

Food & Beverages, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 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.

Caleb

Restaurants, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

3

Reviewed June 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

Reason for choosing Restaurant365

We realized that R365 had the potential that we are looking for. While still a new company when we signed on, we knew that R365 could grow with us.

Reasons for switching to Restaurant365

Ease of use with R365

Allison

Restaurants, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

1

FUNCTIONALITY

5

Reviewed March 2024

Feeling Lost

I am hopeful to get started and rolling in R365, but have a feeling it will be a long road before that happens due to their lack of communication or willingness to help a brand new customer.

PROS

Restaurant 365 is a great cost cutting and accounting management tool. The third party implementation team is engaged and very helpful

CONS

The process for customer service starts and ends with sales, which had many false promises. - Incorrect billing dates and cycles - Bank connection issues, that were raised in sales call and promised to not be an issue are not a huge issue. - No one managing the onboarding process. AP Payments beginning 5 weeks past go live date. - multiple "tickets" that have never been resolved - lack of being able to speak with anyone about resolving me issues.

Robert

Restaurants, 501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed April 2019

Restaurant365 Review

Having a cloud based software is the way to go! You get the benefits of accessing the system anytime, anywhere. Our operations team can now access their P&L's and they love it! Being able to drill down into the P&L's and Balance sheet is simple and the analytics in the reports are very useful. Unfortunately we are not able to be POS integrated so we cannot use the software to it's full advantage but from what we get out of it right now it is a step above where we use to be. It's an innovative company that is always looking to better the product and frequently releases new features. Overall a great product and would recommend!

PROS

Pros include - cloud based system, unlimited amount of users, ability to have invoice images attached to invoice entry, bank reconciliations are quick & efficient and rock our socks off, there are multiple reports available that are pre-built and can be customizable, the ability to drill down into P&L's and balance sheets has taken our team to the next level with auditing financial statements.

CONS

Some of the cons we have experienced is that the dev team can't fix issues in a timely manner. We'd like issues resolved quicker but it may take more time than we hope. We wish the search function was a little better. You can search anything but in order to get results you have to know how it was entered into the system.

Michael

Restaurants, 201-500 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed April 2019

Review from a Finance Manager

Our overall experience with the software has been great. It integrates nicely with our other systems, like our POS and invoicing system. We as a company may not be fully utilizing the software and trying to retroactively getting different sections up to date takes a long time, if you have multiple concepts. The system runs slow at times but it is nice to be able to see and analyze all of our financials under one login unlike quickbooks in which you have to switch back and forth between logins to see your different locations.

PROS

I like that it easily integrates with Toast and Aloha POS. It is also very good at breaking down the different financial statements like the profit and loss and balance sheet. If you have multiple locations, it is nice to see everything in a single login and that you don't have to switch back and forth between locations.

CONS

If you don't have a little financial background it may be a little hard to navigate the software. The software is nice and comprehensive but if you come in as a user after everything has already been set up, it is a little hard to understand. I would like the training materials to be a little easier to understand or at least have videos. Sometimes the software can run slow which can be inconvenient if you are trying to do things in a quick manner.