![]() ![]() The upfront cost is lower, but the recurring costs are higher than those with a perpetual license. With subscription licensing, you pay a smaller monthly or annual fee as you go along. Recurring costs are lower, but the initial cost is substantial. With perpetual licensing, you pay one large fee upfront to use the software indefinitely. Your payment schedule is also going to vary depending on whether the software is sold with perpetual or subscription licensing. If you need integrated hardware, such as a tablet or cash register, that will bump up the price as well. The cost of a restaurant management software system largely depends on the complexity of the system’s functionality and how many locations you need to manage with it.Ī basic restaurant POS system to manage your sales and accounting needs may only cost $150 a year, while a more complex restaurant management suite to track every aspect of multiple locations may run you thousands of dollars a month. You can dig into your numbers and view them in different ways to uncover trends you might not have otherwise. Using historical data, restaurant management systems can give you more accurate predictions regarding future sales, inventory needs and otherwise. Audit trails and flagged entries for anything that appears out of the ordinary can ensure that the information you have is complete and accurate. If you need to generate a report or switch someone’s schedule from home or while you’re out and about, you can. Cloud-based systems allow you to access your account from anywhere with any device if you have an internet connection. ![]() Individual user logins allow all of your staff to keep up-to-date with information and tasks relevant to them, while automated reminders can ensure that workers never forget when their next shift is again. Better integration between applications means you don’t have to enter numbers twice, saving valuable time. Instead of having to transfer inventory numbers and labor costs into your accounting ledger manually, restaurant management software can do it automatically. Using dedicated software to manage your restaurant offers a number of benefits over manual methods like pen and paper or Excel spreadsheets. Manage your general ledger, compare financials against budget and generate reports.Ĭollaborate with other users, store customer feedback, take notes and create to-do lists.Ĭollect sales data from your POS system and track how it affects other areas of your restaurant. Keep running counts of what’s in stock and create custom reports.Ĭreate and maintain recipes based on inventory, set menu prices and analyze historical trends. Though products vary, here are some examples of common functions you can find in restaurant management systems: Labor managementĬreate and manage employee schedules, calculate labor costs and track compliance with laws and regulations. But, there are also all-encompassing suites like PeachWorks, which are designed to take care of everything related to managing your restaurant. Systems like HotSchedules are best-of-breed applications that focus on one particular need. Restaurant management software exists in two forms. Restaurant employee shift schedule in HotSchedules Some platforms have functionality related to customer interactions, such as that found in a point of sale (POS) system, but more often restaurant management software focuses on behind-the-scenes processes such as restaurant employee scheduling, inventory management and accounting. Restaurant management software is designed specifically to help users manage their food service establishment. How Much Does Restaurant Management Software Cost?Īdditional Restaurant Management Software Resources This Buyer’s Guide highlights everything you need to know to help find the right solution.Ĭommon Functionality of Restaurant Management Systemsĥ Benefits of Restaurant Management Software If you’ve never researched or purchased a restaurant management system before, that’s OK. If you find yourself struggling to keep on top of day-to-day operations, or you don’t have an accurate picture of the road ahead, restaurant management software can help. ![]() Such is the life of managing a restaurant, where a thousand things need to go right to keep you afloat, but one thing going wrong can sink you immediately. You can’t afford another bad revenue day or negative Yelp review in this competitive market. Everyone is scrambling, and for good reason. You’re short-staffed because a server forgot their shift, and the cooks are worried there aren’t enough ingredients to serve the daily special until closing. The dinner rush has begun, and once again, your kitchen is struggling to get plates out on time.
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