When it comes to restaurant billing software, you have a lot of different options available. Different software solutions include unique features and possibilities, so it’s important to choose a system that fits your restaurant business.
With so many restaurant POS software and billing tools available, finding the best one can seem overwhelming.
In this guide, we’ve broken down some of the best restaurant billing software solutions that any kind of restaurant can use.
What is Billing Software for Restaurants?
Restaurant billing software handles the tracking of all the billable products that your restaurant sells. Billing software for restaurants is also known as point of sale (POS) software, as these systems manage the entire billing process. This involves creating, managing, and providing a bill to the customer, as well as processing the payment and closing the bill.
POS systems do a lot more than just this. They help restaurants manage and process orders, manage inventory, track sales, monitor sales performance, and a lot more. A restaurant’s POS system is the central focus of its operations.
The core focus of restaurant billing software is to manage the customer billing and sales process. Although, there’s a lot more that these systems can do. The best restaurant billing software will allow your business to work more efficiently while providing a seamless experience for both staff and customers.
Most importantly, billing software for restaurants needs to fit into the specific operational requirements of the restaurant.
What Can Restaurant Billing Software Do?
Restaurant billing software gives you access to many different features that help your daily operations. While each platform can look pretty different, here are some of the key features that a restaurant billing system should include.
Order Management
Restaurant billing software should help you easily manage your restaurant’s orders. A restaurant POS lets staff input all orders, which are then sent to the kitchen. These orders can all be managed and changed through the software.
Some restaurant management software options include online ordering tools, which many restaurants look for today.
Billing and Payments
The fundamental function of a restaurant billing system is to manage billing and payments. This must be linked to customer orders, allowing bills to be easily created.
The best restaurant POS software should support various payment options. Of course, the right hardware will be needed for accepting payments and printing bills.
Accounting Management
Business billing software is generally found as part of a larger accounting system. However, this often looks different for restaurants, as restaurants produce far more bills than most other business types.
Restaurant bills also need to be paid on demand, which is why restaurant billing software is generally tied into a POS system.
Some restaurant billing software solutions include a wide range of accounting abilities to help provide easier financial management of the business.
Insights and Analytics
One of the most important elements of restaurant management software is that it provides detailed insights into a restaurant's operations. This is done through reports which can be both on-demand, or generated on a daily, weekly, or monthly basis.
Inventory Management
Not all billing software for restaurants includes inventory management tools. However, inventory management features are extremely useful, and can make a big difference to your restaurant management software.
By providing detailed insights into orders, restaurant billing software makes it easier to monitor inventory and understand how your stock is moving.
General Restaurant Management Functions
Billing software can often be used as a general restaurant management system, helping your restaurant perform various tasks. This can include things like scheduling staff, managing tax on sales, performance management, and more.
While the specific features of your billing system will differ, it’s always a good idea to look for software that offers robust functionality.
Best Billing Software for Restaurants
As mentioned above, there’s a lot to consider when choosing the right billing software for restaurants. Restaurant billing software solutions come with all kinds of different features, functions, and integrations available.
Being careful when choosing your restaurant billing software is essential, as this is possibly the most important software tool that your business will use.
To help you out, we’ve put together a list of the best restaurant billing software options available right now. These platforms cover a wide range of functions and are suitable for many different restaurant businesses.
1. Toast
If we’re creating a list of the best restaurant billing software, we can’t leave out Toast. Toast is one of the most popular restaurant POS systems out there, and it offers a wide range of features and functions. Of course, this includes efficient restaurant billing and payment tools.
Toast is one of the more extensive solutions for restaurant management. It includes a versatile POS system, payment processing, a kitchen display system, reporting tools, and hardware to match.
It’s important to mention hardware, as it’s what any Toast system needs to run on. Many restaurant POS software solutions can be run from any smartphone or tablet, but Toast requires dedicated hardware. This is necessary for things like payment processing and managing orders.
Overall, Toast is a feature-rich POS system that can enhance any restaurant’s billing process. There are also many integrations available with Toast, which makes it easy to convince with accounting and other restaurant management tools.
Main Features
- Restaurant POS system
- Payment processing
- Kitchen display system
- POS hardware
2. TouchBistro
TouchBistro is an all-in-one restaurant management and POS system. The platform offers a wide range of functions, including a solid restaurant billing solution.
You can use TouchBistro for your restaurant POS software, which lets you manage all order bills and payments. TouchBistro also includes a payment solution for efficient credit card processing. This makes it easy to manage the entire billing process with one platform.
Besides offering an easy-to-use interface for ringing up orders and managing bills, TouchBistro offers various features to help make running your restaurant easier. This includes tools for creating gift cards, marketing your restaurant, online ordering, setting up a restaurant loyalty program, reservations management, and more.
A final feature to mention is the customer-facing system. This means billing and ordering don't only have to be managed by your staff. Instead, restaurants can use TouchBistro to create customer-facing ordering and payment systems.
Overall, TouchBistro offers many features that can smoothen the billing process.
Main Features
- POS system
- Kitchen display system
- Customer display ordering
- Payment processing
- Customer engagement tools
3. SpotOn
SpotOn is a reliable and straightforward point-of-sale system that includes a range of functions. Of course, this includes an effective billing solution for restaurants and hospitality businesses.
You can use SpotOn to easily accept payments and manage your restaurant billing from anywhere. This POS software is particularly popular for mobile vendors, like food trucks, as it’s so versatile and easy to use. The virtual terminal is compact and efficient, making it very easy for businesses on the move.
SpotOn is also flexible in terms of its offering. You could use the platform for setting up a simple mobile payment system, or for running a fully-integrated restaurant management system. This also makes it a great choice for growing businesses, as the software can constantly adapt to match the growing needs of the business.
Main Features
- POS system
- Accept payments anywhere
- Tools to optimize and streamline operations
- Monichannel commerce solutions
4. Square
Square is one of the most popular solutions for businesses looking to accept payments from anywhere. Although the platform as a whole is not specifically geared toward restaurants, Square does offer many useful features that fit perfectly into all kinds of restaurants’ operations.
At its core, Square is a point-of-sale system designed for restaurants or retailers. The software lets you easily accept and manage payments from anywhere. Of course, this includes efficient restaurant billing solutions.
Square also offers its own dedicated hardware to help set your business up with a complete payment and billing solution. It’s all easy to use and conveniently integrates with various other restaurant management software solutions.
Main Features
- Complete point-of-sale system
- Billing and invoice management
- Payments overview and insights
- Payment hardware
5. Tabit
Tabit is a mobile-first hospitality platform, offering a wide range of solutions for restaurants. This includes software that covers various restaurant functions, like a point-of-sale system, a guest management solution, a kitchen management platform, self-ordering kiosks, restaurant analytics, and a lot more.
As a billing solution for restaurants, Tabit is easy and efficient. It’s a simple platform that can help restaurants of all sizes manage bills, accept payments, and keep track of billing for each shift.
The most notable part of Tabit’s software is that it’s all designed for mobile. This makes it a convenient option for mobile food businesses, or restaurants that don't want to invest in expensive hardware systems. And although Tabit offers a complete restaurant billing solution, the platform is more of an all-in-one solution for restaurants. With a single Tabit subscription, restaurants can manage pretty much all of their operations.
Main Features
- Fully mobile POS system
- Reservation and waitlist management
- Online ordering platform
- Kitchen display system
- Restaurant operations management software
6. Clover
Clover is another one of the most popular restaurant management software solutions. The all-in-one system offers tools you might need to manage orders, bills, and payments. You can use Clover to accept any kind of payment, easily monitor your restaurant’s performance, and access features to improve the customer experience.
Clover is a versatile platform, and it offers the tools to match the needs of different types of restaurants. This includes simple hardware solutions for processing payments, as well as different software tools for streamlining restaurant operations.
You can access features like online ordering, sales tracking and reporting, payment processing, and more.
Main Features
- Payment processing and management
- Restaurant POS system
- Online ordering and billing
- Detailed insights
7. Lightspeed
Lightspeed is a commerce platform used by restaurants and retail businesses. The platform is versatile and matches a wide range of business types. It also includes many different features, which makes it a suitable restaurant software solution for all kinds of different operations.
Lightspeed restaurant POS software offers a range of convenient payment processing, ordering, and billing solutions. This includes functions for online ordering.
Restaurants can use Lightspeed to work more efficiently, process orders through various formats, speed up payments, and provide a smooth and seamless customer experience. Lightspeed is a popular restaurant POS software solution and it's ideal for managing billing for all kinds of operations.
Main Features
- Restaurant POS system
- Online ordering
- Advanced insights
- Accounting
- Payments
- Inventory management
Conclusion
Choosing the right restaurant software makes a major difference in how your business operates.
Restaurant billing software is one of the most important tools any kind of restaurant will use! Ensure that you use a solution that works well with your business, and integrates with other software you use.
If your restaurant uses its venue as an event space, then you’ll also want to have the right venue management software in place. Try Perfect Venue for free to see how this solution can help you to optimize your venue operations.
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