List of the Top 4 Restaurant Accounting Software for Restaurant365 in 2025

xtraCHEF by Toast offers a specialized platform for the financial and operational management of restaurants. It utilizes advanced machine learning, data science, and quality control to enhance the efficiency of the supply chain. This innovative solution is suitable for restaurants of all sizes and service types, leveraging industry-leading accounts payable automation to boost productivity and optimize purchasing decisions. With the assistance of food cost management analytics and reporting, operators can gain clarity on their financials, enabling them to reduce their primary expenses significantly. Ultimately, xtraCHEF empowers restaurant owners to take charge of both their kitchen operations and their profitability, ensuring a more streamlined and successful business. By harnessing the power of technology, it helps transform how restaurants manage their resources.

Craftable, previously recognized as Bevager/Foodager, offers a comprehensive solution for restaurant management, created by a team of experts from Silicon Valley and seasoned professionals in the hospitality sector. We collaborate with operators, accountants, and restaurateurs to unify businesses through state-of-the-art technology, aiming to enhance profitability and reduce labor costs across restaurants, bars, and hotels. Our platform is tailored to handle the intricacies of the most sophisticated beverage programs nationwide. You can conveniently track variances and cost percentages simply by placing orders with vendors, meticulously counting every bottle, and calculating the cost of each dash, all without needing a drink to unwind afterward. Your culinary team can easily adapt their dishes to maintain profit margins in this cost-sensitive market with features such as menu engineering, recipe costing, and price comparisons. Additionally, managing multiple locations, diverse vendors, intricate recipes, and sub-recipes becomes a straightforward task, allowing for streamlined operations and greater efficiency. This ultimately empowers restaurateurs to focus more on what they do best: creating exceptional dining experiences.

Ottimate, previously known as Plate IQ, stands out as a premier AI solution for automating accounts payable processes. This innovative platform offers accounts payable managers a more intelligent and streamlined method to oversee the entire invoice lifecycle, catering to the needs of controllers, CFOs, and approvers alike. With its advanced deep learning technology, Ottimate gains a thorough understanding of your business and accounts payable workflows at a granular level, enabling tailored approval and payment processes. By eliminating over 90% of manual accounting tasks, the platform delivers valuable insights into invoices, spending patterns, and expenditures, empowering finance professionals to identify potential growth avenues. Consequently, CFOs are better equipped to make informed strategic decisions that enhance the overall efficiency of their teams on a daily basis, ultimately leading to greater organizational success.

From overseeing invoices to unlocking crucial insights, we alleviate the common challenges that come with running a restaurant. As individuals who have worked in the industry, we constructed the restaurant management tool we were always in search of but could never find. Whether you manage numerous locations or operate a single venue, MarginEdge automates tedious tasks, connects your systems, and greatly simplifies vital functions like inventory tracking, cost management, ordering, and recipe development. Utilizing our app is effortless; just take photos of your invoices, bills, or receipts, and we will extract all the line item details for you. Our solution elevates the intelligence of your existing systems. Even if you already have a POS and accounting software, they often struggle to communicate efficiently. Say goodbye to the days of spreadsheets and clipboards for good. Experience enhanced insights, increased control, and time savings across all your operations. This way, you can focus on delivering exceptional dishes rather than getting lost in numbers. Unlike spreadsheets that may not account for your ingredient costs, MarginEdge is designed to manage that aspect effectively. Create recipes using a tool specifically designed for that purpose. If you only discover you've gone over budget too late, you’ve already lost the chance to make necessary adjustments. By implementing MarginEdge, you can remain informed and take proactive steps in your decision-making process. Our platform not only streamlines operations but also empowers you to make smarter, data-driven choices.