It also requires efficient and effective Restaurant Management Software that can help streamline the entire management process.
NetSuite for Restaurants can help restaurant owners simplify their operations and grow their businesses. With NetSuite, you can manage customer relationships, track inventory and sales, and simplify accounting processes. You can also use the platform to create unique customer experiences with online ordering, mobile applications, and real-time analytics.
NetSuite is a comprehensive software suite designed to help restaurant owners manage their businesses more efficiently and cost effectively. NetSuite’s cloud-based system integrates all aspects of Restaurant management, from accounting and bookkeeping to customer relationship management (CRM) and point-of-sale (POS) data integration. With the use of NetSuite, you can streamline your entire operation and accelerate your restaurant’s growth by providing visibility into the most critical aspects of your business.
NetSuite helps you manage your inventory, track sales performance, monitor financials, automate processes and track customer preferences so you can provide a better overall customer experience. Additionally, it consolidates all of your restaurant’s data into one system so that you can easily access it anytime and anywhere. This eliminates the need for manual processes, saving you time and money while ensuring accuracy and quality control across the board.
NetSuite allows you to make data-driven decisions by leveraging a real-time view of the business with role-based reports, dashboards and KPIs.
Remove the need for multiple business management solutions with a unified data model, enabling one instance of record for financials, POS, and HMS.
Improve customer experience, explore new ordering/delivery models, and enter new geographies with a foundational platform to support your growth goals.
NetSuite Restaurant Edition can be deployed quickly and easily without extensive hardware investments or IT resources. Plus, its scalability allows organisations to grow with it as needed.
NetSuite Restaurant Edition integrates with a variety of point solutions and third-party applications to extend the capabilities of the solution. This includes popular point solutions such as reservation management systems, restaurant POS systems, loyalty management software and more.
NetSuite Restaurant Edition provides an intuitive order-to-cash process that simplifies the daily task of managing transactions. This includes features such as payments processing, online invoicing, and customer credit management.
NetSuite offers a comprehensive suite of features tailored for restaurant groups, enhancing various aspects of operations:
NetSuite provides robust financial tools, including custom fiscal calendars and multi-location consolidation, enabling efficient financial segmentation and faster closing of books.
The platform streamlines vendor management and purchasing processes, helping to reduce the cost of goods sold. It also tracks ingredient inventory from purchase to plate, supports various recipe types, and facilitates quick cycle counts by storage area.
NetSuite's CRM tools offer insights into guest behavior, enabling management of inquiries and complaints to improve satisfaction. It also supports the creation and tracking of email marketing campaigns.
The system manages the complete asset lifecycle, tracking depreciating or non-depreciating assets, equipment warranties, and maintenance schedules, all integrated with accounting.
NetSuite facilitates screening and acquisition of new franchisees, opening new stores, managing projects, collecting royalties and fees, and running consolidated sales reporting within a unified system.
These features collectively enable restaurant groups to innovate across menu offerings, technology integration, supply chain management, and customer experience, driving operational efficiency and growth.