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Summary Video

video
  • Budget for multiple locations at a time
  • Budget by Amount or %
  • See trends of GL activity from prior years
  • Easy import from Excel
  • Instant visibility on all native Restaurant365 Reports

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Budget Based on 4 Week Periods

Create budgets according your financial calendar:  13 4-week periods, 4-4-5, calendar months, etc.  Customers that have migrated off of QuickBooks to Restaurant365 love this feature as QuickBooks only allows you to budget based on a monthly calendar period.

Import Budgets from Excel

It is easy to create your budgets in Restaurant365 or you can create them in Excel and then import the final versions into Restaurant365, where changes can be easily made as needed throughout the year without having to go back to Excel.

Budget Variance Reporting

Measure your performance against your plan each period.  Use the ‘restaurant-specific’ financial reports in Restaurant365 to compare actual to budget and calculate variances.

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All Manager Log functions and features are accessible via your web browser or the Restaurant365 Mobile App. Sales and Labor details on the DSS can be viewed and updated at a glance; log entries can be created and recorded with ease; recurring Task Lists can be utilized and tracked to completion; and document Libraries can sort and store all relevant documents.

Our Business Analytics module allows you to access data, information, and actionable intelligence real-time. The data can be organized, filtered and displayed in charts, tables or cross-tabs. Because of Restaurant365’s unified platform, you can create dashboards that span the entire restaurant business – sales and menu items, labor, all costs, not just food costs, inventory, accounting data, etc.

Button up your sales cycle by tracking each lead that calls for a quote. Our system helps your staff take each opportunity and turn it into a sale by following your defined sales process. Creating a master schedule of your catering labor across all jobs is simple. Ensure you get the right staff at the right time for the right event.

Our Franchising Module lets you manage your franchisee sales reporting, franchisee contracts, franchisee billing, franchisee master and location records. You can also auto-poll Net Sales, Average Check, and Guest Count each night from the Franchisee. This saves time and allows you to keep your finger on your brand’s pulse each day.

Because Restaurant365 is an accounting solution and an ‘above store’ (i.e. sales, COGS, labor) analysis tool, it enables operators to see their ‘Controllable Profit and Loss’ report anytime they want. Every sales ticket is recorded in your POS is uploaded to ‘the cloud’ each night. The data is secure and accessible for quick and powerful analytics.

The Restaurant365 Recipe Module allows you to create and analyze recipes in the system. Recipe costs are updated automatically from the invoices in the Accounting Module. Assess the profit margin based on menu prices, because Restaurant365 is tied to all your menu items and prices with the integration to your POS system.

Restaurant365’s food costing module allows you to import vendor invoices to automatically update food and recipe costs. You can also manage the costs and inventory levels of your prepped items and set contract or target pricing on specific items with variance thresholds for automatic alerts on vendor invoice imports, report notification, and check runs.

Why use a spreadsheet or a generic online scheduling tool that didn’t automatically drive off sales forecasts and labor budgets? With our labor productivity analysis tools, you gain full visibility of all your labor, both in and out of the store, every day.

 

With universal access and mobile app, managing inventory has never been easier. Wouldn’t it be nice to count, manage, and value your inventory all in the same restaurant software platform that includes accounting software? We provides the ability to track and manage your inventory anytime and is fully integrated with the accounting module.

Sometimes you need to make decisions more frequently than every 30 days. Our comprehensive operational platform is built on an accounting database, allowing you to generate up-to-the-day ‘month end’ reports any time you have to make an informed decision. Restaurant365 also eliminates any need to reconcile two sets of P/L’s as the ‘back-office’ is an extension of your accounting software.

The recipe for success is simple – start and end every day with profit in mind. Profitable restaurants don’t happen overnight, they happen day by day. Restaurant365 allows you to easily create budgets according to your financial calendar.

Accounting

Restaurant365 is a browser-based, restaurant-specific software platform that combines key restaurant modules with an integrated accounting backbone. Restaurant365 simplifies restaurant accounting and puts an up-to-date financial budget in the hands of both accounting and operations.

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