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Restaurant365 vs. MarginEdge: Which One Should You Choose? 

Restaurant365 vs. MarginEdge: Which One Should You Choose? 

Picture of Clarissa Buch Zilberman
Clarissa Buch Zilberman

While both MarginEdge and Restaurant365 offer valuable tools to streamline operations and boost efficiency, R365’s comprehensive suite of features and deep integrations give it a clear edge.

Running a restaurant has always been a wild ride, but these days, it requires a whole new level of agility and control. From balancing rising ingredient costs (a full 29% higher than pre-pandemic levels) to wrangling unpredictable labor schedules, the daily grind can overwhelm even the most seasoned restaurant pros.  

Here’s where restaurant management software comes in: It can automate tedious tasks while uncovering key metrics, empowering you to make smarter, faster decisions.  

In this guide, we’re pitting two solutions head-to-head: Restaurant365 and MarginEdge, complete with a breakdown of their top features so you can figure out the perfect fit for your restaurant. 

MarginEdge Accounting vs. Restaurant365 Accounting

Number crunching is rarely the highlight of running a restaurant—but efficient accounting is the foundation for unlocking profitability, keeping costs in check, and minimizing those hair-pulling errors.  

While MarginEdge offers a solid accounting solution (e.g., automated invoice processing, customizable approval workflows, and easy bill payments), the heavy lifting is powered by external accounting systems like Quickbooks or Sage. This means you’ll still rely on third-party platforms for broader financial management, which can add complexity and cost. 

On the other hand, Restaurant365 is a fully integrated platform specifically for restaurants, giving you complete control over your financial operations. Features include: 

  • Digital invoice processing: R365’s data management and advanced invoice variance tracking help you catch pesky discrepancies before they become major headaches. 
  • Real-time data synchronization: R365 seamlessly pulls sales, inventory, and labor data into your general ledger—no manual syncing with separate accounting software needed. 
  • Vendor payments with rebates: Pay vendors (and even generate rebates) directly on the platform. 
  • Approval workflows: Built-in workflows for invoice and payment approvals boost accuracy and ensure compliance. 
  • Cost splitting across locations: Have multiple locations? Easily split costs evenly among them to minimize accounting complexities. 

MarginEdge Inventory Management vs. Restaurant365 Inventory Management

With the right software, inventory management transforms from a tedious task into a powerful strategy for boosting margins.   

MarginEdge’s inventory feature automatically updates product prices and food usage reports, giving you a valuable overview of waste and variance. However, it lacks advanced integrations and functionality needed by multi-location restaurants or those seeking more granular inventory management. 

Restaurant365 takes inventory management to a new level. It’s not just about simplifying those day-to-day tasks. Instead, it empowers you with data-driven insights to optimize your entire operation. Here’s how: 

  • Mobile inventory counts: Count inventory on your mobile device (complete with multi-unit measurement and real-time syncing across locations), perfect for larger operations.   
  • Suggestive ordering: Say goodbye to stockouts and wasted ingredients. R365 analyzes your historical usage and current inventory levels to suggest the perfect order quantities. 
  • Recipe management with dynamic pricing: R365 goes deep with real-time profit margin analysis, which helps you stay profitable even when ingredient costs are soaring. 
  • Centralized commissary management: Enjoy control over access and visibility for individual locations for smoother operations across the board.   
  • In-app order tracking and editing: Place, track, and edit orders directly within the R365 platform, with automatic syncing to your accounting system.  

MarginEdge Workforce Management vs. Restaurant365 Workforce Management

Hiring qualified staff is more expensive than ever, while retention remains an ongoing battle. One way to tackle these challenges? Restaurant management software. 

MarginEdge offers basic labor management features that integrate labor data from your POS system. This gives you basic reports on labor costs so you can see wage data reflected on your P&Ls and budgets. But that’s about it — the platform doesn’t have a comprehensive workforce management feature. 

Comparatively, Restaurant365 takes your labor operations to the next level with:  

  • Labor forecasting and scheduling: R365 uses your historical data to predict labor needs, allowing you to create optimized schedules based on actual demand.  
  • POS-integrated labor tracking: R365 takes labor tracking seriously — the platform monitors labor performance in real time, providing detailed insights every 15 minutes.  
  • Compliance management: R365 ensures you stay on the right side of the law when it comes to rules for minors, split shifts, and tip distribution.  
  • Employee messaging and scheduling app: Using R365’s free mobile app, your staff can manage their schedules, swap shifts, and communicate with each other.  

Case study

Bavarian Bierhaus Managers Save Nearly 30 Hours Per Month with Restaurant365

MarginEdge Reporting and Analytics vs. Restaurant365 Reporting and Analytics

Effective reporting tools don’t just show you what happened—they help you predict, adapt, and optimize in real time.  

MarginEdge gives you basic reporting tools to simplify those tough decisions, delivering insights like daily controllable P&Ls, food usage reports, and menu profitability analysis.  

Meanwhile, Restaurant365 takes a holistic approach to reporting and analytics. It connects data across every aspect of your restaurant—from the kitchen to the front of house and everything in between. As a result, operators can take advantage of: 

  • Real-time analytics across all operations: R365 provides live updates on sales, labor, inventory, and costs so you can make immediate, data-driven decisions to keep things running smoothly. 
  • Comprehensive variance tracking: R365 doesn’t just identify waste with theoretical vs. actual usage—it tracks variance across food costs, labor efficiency, and even vendor pricing.  
  • Customizable reporting templates: Tailor reports to your specific needs, from vendor performance to sales trends.  
  • Predictive insights: R365’s forecasting tools go beyond historical data. They analyze trends to predict future labor needs, food costs, and sales performance. 

MarginEdge Pricing vs. Restaurant365 Pricing

With MarginEdge, you’ll pay per location, each with a one-time setup fee. If you’re a Toast user, there’s an additional API pass-through fee. And because MarginEdge relies on integrations with third-party accounting systems, expect extra subscription costs that aren’t included in their base pricing. 

Restaurant365 keeps pricing simple with an all-inclusive approach. Get essential features like accounting, inventory management, and workforce tools in one package, with no hidden fees or surprises. 

Next steps

Choosing the right restaurant management software can be a game-changer for your business.  

While both MarginEdge and Restaurant365 offer valuable tools to streamline operations and boost efficiency, R365’s comprehensive suite of features and deep integrations give it a clear edge. It’s also designed to scale with your business, so whether you’re managing one location or a dozen, you’ll have the insights and tools you need to succeed. 

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Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.