Best Restaurant Accounting Software for COGS-Well

Optimize your efficiency with Xero's user-friendly cloud-based accounting software designed specifically for restaurants. This platform enables you to easily track expenses, establish bank feeds, and work together with your accountant or bookkeeper, all from the convenience of the internet.

Oracle NetSuite is the #1 AI Cloud ERP, designed to bring together financials, operations, CRM, ecommerce, and analytics into one unified business management suite. Unlike traditional ERP systems, NetSuite leverages built-in AI that learns from your company’s data, providing intelligent recommendations and reducing reliance on guesswork. With over 42,000 organizations already using it, the platform supports companies of all sizes, from fast-growing startups to global enterprises. Its ERP and accounting modules simplify compliance, automate reporting, and accelerate month-end close processes. Meanwhile, its CRM and HCM solutions improve workforce engagement and customer relationships. NetSuite also delivers advanced capabilities in professional services automation, omnichannel commerce, and analytics, ensuring real-time decision-making. Because it is cloud-based, businesses gain scalability, cost efficiency, and a single source of truth across all operations. With consulting, education, and partner programs, Oracle NetSuite provides end-to-end support for digital transformation journeys.

TouchBistro is a one-stop-shop POS and restaurant management software that makes it easy to run a restaurant. TouchBistro is a powerful platform that provides the most important front of house, back-of-house, and guest engagement solutions. It helps restaurateurs simplify and streamline their operations, allowing them to spend more time connecting the dots and less time manually. Guests and their businesses. TouchBistro was created to meet the needs of the restaurant industry. It is fast, reliable and easy to use. TouchBistro also has all the features that restaurateurs need to increase sales and deliver great guest experiences. TouchBistro is a global leader in changing the way restaurateurs do business by combining innovative technology with unmatched customer service and success. TouchBistro has helped to power more than 29,000 restaurants across over 100 countries.

Discover the only restaurant management software that aligns financial and operational aspects, empowering you to enhance your restaurant’s profitability with confidence. This unique cloud-based solution offers a comprehensive suite for accounting, payroll, human resources, inventory management, scheduling, and reporting, all of which effortlessly connect with your point-of-sale systems, vendors, and banking partners. Uncover the potential growth of your restaurant by integrating your entire organization through a single platform designed specifically for the food service industry. By ensuring that everyone is well-informed, managers can access crucial data in a timely manner to implement cost-saving strategies effectively. Restaurant365 delivers a specialized accounting and back-office software solution that eases the heavy load faced by restaurant operators, enabling them to function more efficiently and profitably in today’s digital landscape. Discover how various restaurant businesses have successfully enhanced their operational efficiency and reduced prime costs using Restaurant365, and take the first step towards transforming your own establishment.

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.