Best Restaurant Billing Software

What is Restaurant Billing Software?

Restaurant billing software is a tool that simplifies operations by managing cash outflows, order management, and invoice generation.

Serving the bill manually, as handwritten receipts, might seem easy and cheap but can harm your business in the long run. In manual billing, you will not have any record of the number of orders processed daily, weekly, or monthly. And hence, accurate information about profit or loss is difficult to obtain.

Even in the presence of the restaurant owner, the staff can make mistakes in calculating KOTs (Kitchen Order Ticket, which specifies the details such as table number, items ordered, and quantity). Not only KOT, but many other functionalities, such as Inventory management, Quick Billing, and even Marketing, will suffer because of handwritten receipts. Having software to automate billing tasks will help your restaurant to build an exclusive brand reputation.

Thus, an advanced restaurant billing management system is required to run a restaurant profitably and efficiently. It is a complete solution to navigate your restaurant through the highs and lows of the trade.

Best Restaurant Billing Software for Small Businesses

1. Horizon ERP

   The Horizon ERP is your best bet if you seek simple yet efficient billing software with a complete set of account and inventory modules. The software is reliable, fast, and easy to work with. It is best for businesses that need to work with many invoices daily.

2. GOFRUGAL Restaurant POS

   In need of the best on-the-go mobile app for your billing software needs? GOFRUGAL POS is your ideal choice. With this software, you can easily modify the new GST rates, process invoices on the go, or apply the latest discount codes instantly.

3. Poster POS

   Backed by an easy setup, the Poster POS is the perfect billing software for all your restaurant management needs. This cloud-based restaurant billing software helps you manage the front office, inventory, back office, reports, finances, and CRM. Not just that, this user-friendly software can be used offline on any of your devices.

4. FusionResto

   The FusionResto comes with a robust API along with multiple payment methods. This software is suited to businesses of any size. From delivery to billing, this software can handle it all.

5. Pelagian Restaurant Billing

   Need easy-to-use software for your restaurant billing needs? The Pelagian Restaurant Billing management system is a unique choice that can deliver efficient billing and order tracking facilities. Apart from this, you can access options such as automated inventory management and notes for every purchase made through the software.

6. HDRestaurant

   Whether you own a coffee shop, restaurant, pub, or fast food joint, the HDRestaurant app has been designed to act as your automated billing software with advanced features. This integrated app can work in sync with online portals designed for food ordering.

7. Torqus POS

   The Torqus POS software comes packed with top-notch restaurant billing features. It was created to streamline each of your billing operations. With this billing software, you can instantly add discounts and gift vouchers to the bill.

8. IKonnect 

   If you are looking for a single platform that combines all the critical billing components, the IKonnect billing software is your best bet. Avoid long queues by implementing automatic web-based assistance from this billing software.

9. SlickPOS

   Trusted by several reputed brands, the SlickPOS billing software is a cloud-based platform that delivers top-notch services. It can cater to restaurant needs such as online table booking management, customized invoicing, and menu alteration.

10. TallyPrime

    If you are looking for top-ranking and most lauded software for billing, TallyPrime wins the game. It has been considered an all-rounder for accounting, GST, inventory, payroll, and banking. Dubbed as economical & popular software, it has been in business for a long time, making it the best choice for big or small businesses.

Benefits of Online Restaurant Billing Software

When you own a restaurant, you must pay attention to things like fast billing, customized menu, customer feedback system, easy table reservation, and stock information. Customers these days not only want sumptuous food. They want an overall great service experience to stop by next time. Though doing all this is tedious, all the hassles can be removed easily if you own a restaurant billing system.

With cloud-based billing software for your restaurant, you get access to the following facilities and features:

1. Track the sales or manage the outlet remotely
2. Sell more with the integration of online delivery partners
3. Send your customers the digital receipt to acquire feedback on their visit
4. Prevent recipe or inventory pilferage with better consumption tracking
5. Manage the table orders & send the KOTs to the kitchen directly
6. Can be used on multiple devices

With customers flowing in every few minutes, you must focus more on customer service than handling the bills. However, billing is undoubtedly an essential part of your business, and there needs to be a solution to take care of this while you welcome your customers.

In such a scenario, restaurant billing software will surely come in handy. Whether you own a small café, bakery, or large chain restaurant, billing software will always ease up your invoicing needs and other features. From tracking sales to payment management, well-designed billing software for restaurants can ease your load to a great extent. So, have you decided which one is the right software for your business? If yes, go ahead and get one installed into your system right away!

Here is a comprehensive rundown of the benefits that owning restaurant software grants the users.

1. Invoice customization

   When you run a restaurant, certain things come up in your way. Offers & discounts, changes in the tax rate, and exchanges are the names of a few. The majority of restaurant software for billing offers invoice customization feature that makes it an easy job. You can add or delete the discounts, change the tax rate per the latest trend, or grant any reimbursement in your Indian restaurant billings without any hassles.

2. Easy table management

   An online restaurant software keeps records of pre-booked tables and provides a detailed and updated layout of available space. Once the table is occupied, the online billing software updates that particular table with an ordered menu in the system and helps you to deliver the right order to the right table.

3. Prompt notification and updates

   Running a restaurant successfully demands your constant attention in various sections. You should be aware of whether the order has been delivered on time, whether your inventory has all the stocks, whether your team is attending to the guests or not, and so on. Advanced online billing software comes with instant push notifications and update features that keep you posted with progress.

4. Around-the-clock accessibility

   In the wake of technology, no one needs not to glue their desk to keep a check on your restaurant’s operations. As many restaurant billing software offer mobile app support and cloud-based integration, you can easily access the inside process from anywhere in the world. 

5. It saves a lot on your operational cost

   As restaurant-related software comes with automatic integration and a whole suite of modules, you need not hire any specific professional to perform the tasks. A restaurant billing software in India can easily handle CRM, marketing, accounting, and workforce management operations. Simple training and anyone is all set to operate it effortlessly.

   In addition, online billing software reduces the cost of paper-based billing and manual record keeping.  You need not take note of your inventory and previous orders. The cloud-based integration of online restaurant software saves everything easily and securely.

What are the Features of Restaurant Billing Software?

1. Quick billing and Ease Of Use

   Speed is a tremendous aspect of any restaurant. Quick service is marked as the USP of the restaurant billing system. The best way to keep your customers happy is fast service. It makes a huge impact. Not only for customers but also for waiters, managers, or cooks, a slow system can be maddening.

   Restaurant billing software should not be confounding for the sales team. It should require the least manual effort from your staff. And for doing so, speed is an aspect that directly contributes to ease of use and an intuitive layout. Thus, instead of spending time on each order, your software should generate instant KOTs to avoid delays.

2. Inventory

   Talking about inventory is the least favorite task for most business owners. But for the productive growth of any business, Inventory plays a crucial role. To maintain a smooth supply flow, controlling and organizing every aspect of the stock is essential – from the restaurant’s food costs to lowering waste.

   It lets you keep track of every ingredient and item sold. Hence, it keeps you from over-ordering. Consequently, you can increase your revenues to a great extent. So, to go head-to-head in this extremely competitive market, ensure your restaurant billing software has Inventory management. This feature will automate your inventory tracking, and every sold item will automatically get reduced from your inventory. This increases accuracy along with improving your bottom line.

3. Reporting

   Having an insight into all your business functions rapidly increases your profitability. To optimize your restaurant performance, one must keep track of the following reports, which are available in the restaurant billing software.

4. Sales Reports

   This kind of report presents output in numbers and visuals involving graphs and pie charts. It reflects the number and value of sales daily, weekly, monthly, quarterly, or annual.

5. Product Mix and Menu Reports

   To have foresight on your restaurant’s overall success or failure, it will let you track sales by time and item to compare which menu items sell best and which are popular.

6. Exception Reports

   This is a helpful tool for loss prevention as it shows you complete track of every void and refund purchase your staff has issued. This will let you know about all the unapproved discounts your staff has given to friends or to regulars in exchange for inflated tips.

7. Labor Reports

   To have an insight into the efficacy of your staff and illuminate weak links, these reports will give you complete track of how many sales each wait staff member is responsible for. So, your restaurant billing software must have real-time reporting tools and analytics features to track each function.

8. Marketing

   As per the rapid development of technology and the increasingly frequent use of the Internet in the contemporary world, online marketing is the trending way of promotion. It has become one of the biggest sources of information for customers today.

   An exquisitely developed website that pertains to reliable information for your visitors – the Menu, offers, contact details, or opening hours, can be a great starting point for your restaurant’s online marketing strategy.

   A high-functioning restaurant billing system can update menus, offers, and changes in prices directly on your website. This will save time spent on entering data and information for updating.

   Gathering customer information, such as email addresses and contact numbers, and keeping it saved in your software will help you reach them via direct marketing campaigns or SMS marketing. You can also inform them about your new offers and discounts to increase sales.

9. Cloud-based

   Now, if the business owner wants to check any of the above records at any time, anywhere in the world, then the storage has to be hardware-independent. To do so, the required restaurant billing software should be cloud-based. The cloud-based functionality makes the resources available to users on-demand via the Internet.

   These key features of any best restaurant billing software will boost productivity and enhance the efficiency of your restaurant.

How to Choose the Best Restaurant Billing Software?

There is no second opinion that owning restaurant billing software is one of the most vital things for any restaurant business that seeks cost-effective, hassle-free, and quick operations. But, all this would be achievable only if you pick the right online billing software for your restaurant. Certain things need to be taken care of while choosing the best restaurant billing software in India for your restaurant.

1. Choose as per your business size:

   Not all restaurants are the same. Some are small eating hubs, while others own a chain of restaurants in the same city; before choosing the restaurant billing software in India for your restaurant. If you own a single restaurant, an installation-based or billing software open source would be a better option. A web-based Indian restaurant billing system with mobile app support will offer you a lot you will not use.

   With a cloud-based integration of your restaurant billing software open source, you can gain access to your restaurant operations from any part of the world.

2. See its compatibility with other operational tools as well:

   Your best restaurant billing software must also be compatible with other operational tools. If your restaurant-specific global billing software is not compatible with other tools then you will face huge trouble in the future.  It is recommended to avail yourself of a free trial before the final purchase to understand how it mingles with your existing operating system.

3. Look out for the customization:

   Your business needs can be changed at any point in time. So, your restaurant billing management system should be capable enough to transform itself per your current business needs. The best bet is the restaurant billing management system with easy plan update features.

4. Check its ease of use:

   The best restaurant billing software in India can be operated without much brainstorming. There is no use in buying high-end restaurant billing software, which is a tough nut to crack when running. A restaurant billing management system should have easy integration and handy tools for individuals of all educational and intellectual levels to work easily.

5. The after-sales service also gets counted:

   You have to go a long way in your restaurant business. Buying online billing software only will not suffice for the purpose. You should pay attention to the after-sale service of your best restaurant billing software provider. Choose one that provides training on demand, cost-effective annual maintenance services, and dedicated customer support to handle all your queries.

   For your restaurant business, the billing system can be deemed similar to a critical data repository. Reliable restaurant billing software helps you keep track of each transaction and determine how you perform daily. Besides, this software also helps you focus on delivering quality dining experiences to your customers instead of worrying about the invoices.