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Restaurant365 vs Toast POS
June 13, 2023 | Author: Sandeep Sharma
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Restaurant Software to Power Your Passion, Profit, and Growth. Trusted by more than 40,000 restaurants, Restaurant365's back-office software brings together your accounting, store operations, and workforce to create incredible moments that drive profit and growth.
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One Platform to Power Your Restaurant Operations. Simplify your operations by combining POS, front of house, back of house, and guest-facing technology on a single platform.
Restaurant365 and Toast POS are both popular software solutions designed specifically for the restaurant industry, but they have distinct differences in terms of their features, capabilities, and pricing.
Restaurant365 is a comprehensive restaurant management platform that offers a wide range of features, including point-of-sale, inventory management, recipe costing, labor management, financial reporting, and accounting. It aims to provide an all-in-one solution for managing various aspects of restaurant operations, from front-of-house to back-office functions. Restaurant365's focus is on streamlining workflows, improving efficiency, and providing real-time insights to help restaurants make data-driven decisions.
Toast POS, on the other hand, is a cloud-based point-of-sale system specifically tailored for the restaurant industry. It offers features such as order management, menu customization, tableside ordering, payment processing, and reporting. Toast POS emphasizes its user-friendly interface, mobility, and customer engagement capabilities. It also provides additional functionalities like online ordering, delivery management, and loyalty programs to enhance the overall customer experience.
In terms of pricing, both Restaurant365 and Toast POS typically offer subscription-based models with pricing that can vary depending on factors such as the number of locations, terminals, and additional features required. It is important to evaluate the specific pricing plans and packages offered by each provider to determine the best fit for your restaurant's needs and budget.
See also: Top 10 Restaurant software
Restaurant365 is a comprehensive restaurant management platform that offers a wide range of features, including point-of-sale, inventory management, recipe costing, labor management, financial reporting, and accounting. It aims to provide an all-in-one solution for managing various aspects of restaurant operations, from front-of-house to back-office functions. Restaurant365's focus is on streamlining workflows, improving efficiency, and providing real-time insights to help restaurants make data-driven decisions.
Toast POS, on the other hand, is a cloud-based point-of-sale system specifically tailored for the restaurant industry. It offers features such as order management, menu customization, tableside ordering, payment processing, and reporting. Toast POS emphasizes its user-friendly interface, mobility, and customer engagement capabilities. It also provides additional functionalities like online ordering, delivery management, and loyalty programs to enhance the overall customer experience.
In terms of pricing, both Restaurant365 and Toast POS typically offer subscription-based models with pricing that can vary depending on factors such as the number of locations, terminals, and additional features required. It is important to evaluate the specific pricing plans and packages offered by each provider to determine the best fit for your restaurant's needs and budget.
See also: Top 10 Restaurant software
Restaurant365 vs Toast POS in our news:
2023. Restaurant365 gobbles up $135M to supersize its software for the food service industry
Restaurant365, a company specializing in comprehensive restaurant management software, recently secured $135 million in fresh funding. The funding will support the further development and expansion of their software, which encompasses accounting, analytics, staff and inventory management. Notably, the software does not include point of sale solutions. Currently, Restaurant365's software is employed across approximately 40,000 locations, catering to a diverse customer base that includes small businesses, franchises, chains, and accounting firms serving the restaurant industry. Unlike many other businesses serving the restaurant industry, such as Toast, Lightspeed, and Square, which faced significant challenges during the pandemic shutdown, Restaurant365 emerged as a technology company offering valuable tools to assist its customers in navigating the crisis.
2019. Restaurant management platform Toast raised $250M
Toast, a leading restaurant management platform, has secured $250 million in funding, valuing the company at $2.7 billion. The funds raised will be used to develop innovative technology solutions that support restaurants in areas such as marketing, recruitment, and operational efficiency. Additionally, Toast aims to expand its presence beyond the United States into new territories. Toast's comprehensive product suite includes point of sale services, reporting and analytics tools, kitchen display systems, online ordering and delivery interfaces, and loyalty programs. The company also manufactures its own hardware, including handheld order pads, payment and ordering terminals, self-service kiosks, and guest displays. To further enhance its offerings, Toast collaborates with a network of approximately 100 partners, such as Grubhub, to seamlessly integrate additional services into its platform when restaurants require them.
