RESTAURANT365


Associated tags: HR, Restaurant, ICONIQ, API, POS, Tiger Global Management, Entrepreneurship

Locations: CHICAGO, ILLINOIS, NEW YORK, SAN FRANCISCO, CALIFORNIA, TEXAS

Restaurant365 to Showcase New Products & Features at 2024 NRA Show

Retrieved on: 
Thursday, May 9, 2024

IRVINE, Calif., May 9, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, will introduce a slate of new tools and technology at Booth #6227 at the National Restaurant Association (NRA) Show in Chicago on May 18 to 21, 2024.

Key Points: 
  • IRVINE, Calif., May 9, 2024 /PRNewswire/ -- Restaurant365 , the leading all-in-one restaurant enterprise management platform, will introduce a slate of new tools and technology at Booth #6227 at the National Restaurant Association (NRA) Show in Chicago on May 18 to 21, 2024.
  • All the new releases — from employee training and task management to forecasting and AI-driven accounts payable — focus on restaurant manager and team performance, growth, and compliance.
  • By integrating with logbook, chat, and other communication features, companies also become more connected at the location and organization-wide levels.
  • Alongside employee training and task management, Restaurant365 has several other new and enhanced products it will demo at NRA.

Restaurant365 Acquires ExpandShare to Enhance Employee Training, Operations, & Guest Experiences

Retrieved on: 
Tuesday, April 9, 2024

IRVINE, Calif., April 9, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today finalized the acquisition of ExpandShare, a proprietary learning management system specifically built for restaurants to deliver and track engaging, impactful training content quickly and easily across platforms. 

Key Points: 
  • "Guest satisfaction is paramount to restaurant success, and the main driver for both is capable employees who carry a strong company culture to customers," said Restaurant365 Co-founder and CEO Tony Smith.
  • "Learning and growth are core tenets of Restaurant365, and we know they play prominently in many of the most successful restaurants," Smith said.
  • ExpandShare is the latest of several innovations to join Restaurant365's all-in-one platform over the previous 12 months.
  • Others include tip automation, restaurant intelligence dashboards, and Capture AI, which brings the power of machine learning to invoice management.

Restaurant365 Launches Tip Automation, Strengthening Payroll Accuracy & Efficiency

Retrieved on: 
Thursday, February 29, 2024

IRVINE, Calif., Feb. 29, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today announced the release of its tip automation tool, empowering restaurant leaders to streamline this complicated but essential work while empowering them to refocus on the most important strategic initiatives.  

Key Points: 
  • Automation empowers restaurant leaders to set customizable rules to streamline tip payouts, payroll, and compliance.
  • Restaurant365 Tip Automation bridges the gap between POS punches and the payroll system, eliminating the need for cumbersome data entry and auditing, while automating record keeping.
  • "Restaurant365 Tip Automation gives me four to five hours of my week back," said Chad Arnold, an Oklahoma-based Summer Moon Coffee franchisee and early adopter of the tool.
  • By moving the entire tip workflow to an automated system, restaurant leaders and employees get greater visibility into the entire process.

Restaurant365 Names Kate Kemp Chief People Officer

Retrieved on: 
Thursday, February 15, 2024

IRVINE, Calif., Feb. 15, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today named Kate Kemp chief people officer, effective immediately. 

Key Points: 
  • IRVINE, Calif., Feb. 15, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today named Kate Kemp chief people officer, effective immediately.
  • Kemp most recently served as vice president of human resources at DocuSign, where she led HR teams overseeing more than 3,000 employees across global technology, customer success, and product.
  • "We are committed to continued investment in our people," said Restaurant365 CEO and Co-founder Tony Smith.
  • "Restaurant365's secret sauce is its people, and I know that our employees are the key to continuing to help restaurants thrive," Kemp said.

Restaurant365 Names Jessica Lanier Chief Financial Officer

Retrieved on: 
Tuesday, February 6, 2024

IRVINE, Calif., Feb. 6, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today named Jessica Lanier chief financial officer, effective immediately.

Key Points: 
  • IRVINE, Calif., Feb. 6, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today named Jessica Lanier chief financial officer, effective immediately.
  • Lanier most recently served as vice president of finance at Qualtrics.
  • "Jessica is a world-class finance leader, and we're grateful to add her to our talented team.
  • "I'm excited to join Restaurant365 at a pivotal moment in the company's story," Lanier said.

Restaurant365's Annual State of the Industry Survey Shows 57% of Restaurants Are Planning to Expand in 2024

Retrieved on: 
Tuesday, December 19, 2023

IRVINE, Calif., Dec. 19, 2023 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today released findings from its annual State of the Industry Customer Survey. Restaurant operators representing nearly 5,500 QSR, fast casual, casual dining, and fine dining locations across the nation shared their top challenges and opportunities for 2023 and 2024 alongside plans for investment in AI, marketing and sales, and workforce tools, programs, and benefits.

Key Points: 
  • Survey reveals restaurants are planning investments in AI sales forecasting, back-of-house technology, and marketing and sales tools.
  • IRVINE, Calif., Dec. 19, 2023 /PRNewswire/ -- Restaurant365 , the leading all-in-one restaurant enterprise management platform , today released findings from its annual State of the Industry Customer Survey .
  • Finally, brick-and-mortar growth looks to be steady in the coming year, with 57% of respondents planning to grow, compared to 60% in last year's survey.
  • Twenty-five percent of respondents reported plans to open one location, 28% are planning two to five locations, and 4% are planning six or more locations.

Restaurant365 Expands Community Outreach

Retrieved on: 
Tuesday, November 28, 2023

IRVINE, Calif., Nov. 28, 2023 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management software, is focused on giving back to the restaurant community and will continue to pursue and invest in areas where it can make a meaningful impact going forward.

Key Points: 
  • Through a robust partner ecosystem , restaurant industry insights , and community involvement, the team works in parallel to broaden its impact in the restaurant space.
  • "Restaurant365's influence in the hospitality industry goes far beyond our leading solutions," states Tony Smith, CEO and Co-Founder of Restaurant365.
  • "Our team strives to do more, teach more, lead more, and give more to the community.
  • Restaurant365's community involvement efforts include initiatives like hosted events, advisory boards, and philanthropy.

K-MAC Enterprises To Save $200K Annually with Restaurant365

Retrieved on: 
Thursday, October 5, 2023

IRVINE, Calif., Oct. 5, 2023 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management software, announced today that K-MAC Enterprises has selected the Restaurant365 Accounting platform to support its 362 quick-service restaurants including Taco Bell, Whataburger, and 7 Brew Coffee.

Key Points: 
  • IRVINE, Calif., Oct. 5, 2023 /PRNewswire/ -- Restaurant365 , the leading all-in-one restaurant enterprise management software, announced today that K-MAC Enterprises has selected the Restaurant365 Accounting platform to support its 362 quick-service restaurants including Taco Bell, Whataburger, and 7 Brew Coffee.
  • K-MAC projects an annual savings of $200,000 as a result of switching to Restaurant365.
  • K-MAC is one of the latest companies to add its brands to the 40,000+ restaurants using Restaurant365 to drive growth and profitability.
  • "The goal at Restaurant365 is to produce the best tools enabling our customers to achieve their highest potential."

Restaurant365 Earns 12 #1 Rankings on G2's Fall 2023 Best Software List

Retrieved on: 
Thursday, September 14, 2023

IRVINE, Calif., Sept. 14, 2023 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management software, announced today it has been ranked as an industry leader in 39 categories in the G2 Fall 2023 Grid Report, earning #1 status in twelve categories.

Key Points: 
  • IRVINE, Calif., Sept. 14, 2023 /PRNewswire/ -- Restaurant365 , the leading all-in-one restaurant enterprise management software, announced today it has been ranked as an industry leader in 39 categories in the G2 Fall 2023 Grid Report, earning #1 status in twelve categories.
  • "Everything we do at Restaurant365 is to add value for restaurants," states Tony Smith, CEO & Co-Founder of Restaurant365.
  • Restaurant365 ranked #1 for Restaurant Business Intelligence & Analytics on the Grid Report, the Americas Regional Grid Report, the Mid-Market Grid Report, and the Momentum Grid Report.
  • Restaurant365 outpaced competitors on all metrics with the highlight growth trajectory based on user satisfaction scores, employee growth, and digital presence.

Restaurant365 Customer Data Reveals 5% Increase in YOY Sales Among Other Shifts in Industry Trends

Retrieved on: 
Wednesday, August 30, 2023

IRVINE, Calif., Aug. 30, 2023 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management software, has shared new restaurant industry insights including economic, sales, workforce, operational, and consumer preference trends.

Key Points: 
  • Despite increased sales, operators must take action to combat a 13% increase in food costs and an 8% increase in labor.
  • IRVINE, Calif., Aug. 30, 2023 /PRNewswire/ -- Restaurant365 , the leading all-in-one restaurant enterprise management software, has shared new restaurant industry insights including economic, sales, workforce, operational, and consumer preference trends.
  • The July 2023 customer poll showed 74% of respondents have seen an increase in food costs, with an average increase of 13%.
  • Customer data shows that within this same timeframe, on-premise dining has increased by 9.2%, takeout sales have dropped by 6.1%, and delivery sales have remained relatively flat with a 0.1% decrease.