Keith Kinard, Controller
With our old accounting software, our period close took 2 weeks. With Restaurant365, it is one week and getting shorter. The investment of time to convert has long since paid for itself.

Keith Kinard, ControllerSteak 44 and Michael Dominick's

Arthur Li
We have doubled the number of our stores (going from 5 to 10) without adding a single person to our accounting and finance team thanks to Restaurant365. Among many benefits we get from it, the software has made us remarkably more efficient administratively.

Arthur LiHead of Business Finance, Altamarea Group

For the Franchisor

The Restaurant365 Franchising Module lets you manage all your franchisee sales reporting, franchisee contracts, franchisee billing, franchisee master and location records.  Accounts Payable is linked to franchisee records for easy pass-through billing.

Franchisee Contract Tracking
  • Date driven recurring fees

  • Flat fees

  • One-time fees

  • Multiple fee types (i.e. Royalties, Advertising, etc.)

  • Fees based on Net Sales or Gross Sales

  • Per Store Location Contract Tracking

  • Auto Collection of Daily Net/Gross Sales (optional)

  • Import Daily Net/Gross Sales

  • Auto Creation of Monthly Invoice

  • Detailed / Summary Invoices

  • Auto ACH from Franchisee Location Bank Account

  • Auto Create/Apply Payment to Monthly Invoice

  • Auto Sweep AP for Franchisee Specific Invoice Items

Franchisee Tracking
  • Franchisee Master Records

  • Franchisee Location Master Records

  • Contact Master Records

  • Demographic Information

Accounts Payable to Franchising Link
  • Single Click Activation of Franchising Module on AP Invoice

  • Assign line items on an AP Invoice to a Franchisee or Franchisee Location

  • Line Item AP Amounts Collected During Monthly Billing

  • AP Amounts Reviewable During Franchisee Billing Process

Franchisee – Franchisor System Synchronization
  • Same Chart of Accounts

  • Same Recipes

  • Same Report Layouts

  • Same Report Metrics

  • Same Back Office Processes

For the Franchisee

Restaurant365 Price Discounts for Franchisees
  • Lower Minimum for Implementation

  • Lower Monthly Fees (For Franchisees with less than 3 locations)

  • Chart of Accounts Mirrors that of Franchisor (Optional)

  • Recipes Mirror those of Franchisor

  • Franchisor Access to Franchisee System (Optional)