Best Finance Software for Restaurant365

Toast POS is a flexible system that was created exclusively for restaurants and food service businesses. This solution allows restaurant owners to quickly adapt to changing industry trends and customer expectations by offering tools such as online ordering, delivery, takeout and mobile app ordering. Toast POS is a cloud-based platform that offers new features and allows users to access their restaurant data from any location, on any device. Its powerful reporting and analytics suite enables restaurant managers to identify savings opportunities, highlight the best-selling menu items, etc.

SpotOn Restaurant is one of the most comprehensive, integrated systems on the market. From cloud-based POS to commission-free online ordering and reservations to labor management software, it offers everything the modern restaurateur needs -- with none of the headaches that you get with other big POS companies, like long-term contracts, surprise fees and rate hikes, and impersonal service.

For over three decades, Fintech's PaymentSource has been transforming financial processes in the alcohol industry with innovative solutions for accounts payable (AP) and accounts receivable (AR). Its AP automation includes 15 months of invoice history, cost variance analysis, and simplified distributor credit reconciliation. The new Premium tier extends these tools to cover all goods, services, and supplies, delivering complete visibility, seamless vendor integrations, and better cash flow management—all within a simple, user-friendly platform. For AR, PaymentSource facilitates secure, compliant electronic payments from over 250,000 retail and hospitality partners nationwide. Distributors can access invoice details, track payment statuses, and issue credits directly through the portal, cutting costs by an average of $6.80 per delivery while maintaining compliance across all 50 states. With PaymentSource, businesses can streamline financial workflows, reduce errors, and maximize efficiency.

xtraCHEF by Toast is a platform for financial and operational management that's specifically designed for restaurants. xtraCHEF combines machine learning, data science and quality control to streamline the supply chain. Restaurants of any size and with any service use xtraCHEF’s industry-leading AP automation to increase productivity and make better purchasing decisions. Operators can easily make sense of their books with the help of food cost management analytics and reporting. This will allow them to cut percentage points off their prime expenses. xtraCHEF puts you in control of the kitchen and your profits.

Craftable, formerly known as Bevager/Foodager, is a complete platform for restaurant management that was developed by Silicon Valley tech professionals and hospitality industry veterans. We work with operators, accountants, and restaurateurs to bring together businesses using best-in-class technology in order to increase profit and decrease labor costs for restaurants, bars, and hotels. Our platform was designed to manage the most complex beverage programs in the country. You can now monitor variance and cost percentage with ease by ordering from vendors, counting every bottle and costing each dash, all without the need for a stiff drink at end. Your team behind the burners can adjust their culinary creations easily to preserve margins in a cost-sensitive industry with menu engineering, recipe costing, and price comparison. You can easily manage multiple locations, different vendors, complex recipes, and sub-recipes.

Ottimate (formerly Plate IQ), the leading AI for AP automation, is a product of Ottimate. Ottimate, an AI-powered AP automation, provides a smarter, more efficient way for AP managers to manage the invoice lifecycle. This includes controllers, CFOs, and approvers. Ottimate's deep learning capabilities allow it to understand your business and AP processes down to the line item, supporting a customized approval and payment workflow. Ottimate eliminates over 90% manual accounting processes and provides insights into invoices, spending and expenditures. This helps finance professionals discover growth opportunities. This allows CFOs to make better strategic decisions and improve the day-to-day of their entire team.

From managing invoices to gaining valuable insights, we eliminate the frustration that often accompanies restaurant operations. As operators ourselves, we developed the restaurant management solution that we had long sought but could never locate. Whether you run multiple locations or operate independently, MarginEdge automates the cumbersome tasks, links your systems, and significantly simplifies essential tasks such as inventory management, cost tracking, ordering, and recipe creation. With our app, simply snap pictures of your invoices, receipts, or bills, and we extract all the line item information for you. Our solution enhances the intelligence of your systems. You may already have a POS and an accounting system, but they need to communicate effectively! Say farewell to spreadsheets and clipboards for good. Enjoy improved insights, greater control, and saved time across all your locations. You can concentrate on serving great dishes instead of crunching numbers. While spreadsheets lack knowledge of your ingredient costs, MarginEdge is equipped to handle that. Design recipes using a tool specifically crafted for recipe creation. If you only realize you’ve exceeded your budget when it’s too late, then you've already missed the opportunity to adjust. By using MarginEdge, you can stay informed and make decisions proactively.