Restaurant Accounting Services, Inc. (RASI)

What Restaurant Accounting Services, Inc. (RASI) does

Restaurant Accounting Services, Inc. (RASI), operating as Back Office since 2025, is a privately held US firm that provides outsourced accounting, payroll, and finance-as-a-service to restaurant operators across the US and Canada. Founded in 2000 and headquartered in Littleton, Colorado, the company serves more than 4,000 operators spanning independent restaurants, multi-unit concepts, and QSR/franchise groups. The core technology is Profit Center™, a hospitality-specific ERP that consolidates general ledger accounting, weekly financial reporting, payroll and HRIS, accounts payable and cash management, inventory with theoretical costing, POS integration, compliance, treasury, and business intelligence in a single platform. The product combines software with embedded managed services delivered by former restaurant operators, distinguishing it from generic accounting platforms.

RASI monetizes primarily through multi-year subscription contracts across three pricing tiers - Growth (multi-unit), Professional (franchisee/emerging brands), and Elite (full-management operators) - supplemented by a Bookkeeping+ add-on and per-employee payroll fees ($60/month base + $6/employee). The go-to-market combines enterprise field sales, inside-sales demo conversion, a referral program within the restaurant community, and content-led demand generation (podcast, blog, videos). Since aligning with Buyers Edge Platform, RASI has layered procurement rebates onto the subscription, giving clients access to $35B in network-managed spend, 350+ manufacturer contracts, and 175K rebated line items, which materially expands wallet share per operator.

Operationally, the company is positioned as the restaurant-industry specialist in outsourced finance, with disclosed customer outcomes including 14% first-year net profit increases, 20-50% reductions in general admin expenses, 30% manager time savings, and a 91% first-year client success rate. Strategic direction under the 2025 Back Office rebrand emphasizes broader platform integration, modular Operations-Only Packages for single and multi-unit operators, and Bill Pay AP Automation, signaling a shift from pure accounting-as-a-service toward a comprehensive restaurant operations platform anchored in the Buyers Edge ecosystem.

Name

Restaurant Accounting Services, Inc. (RASI)

Legal name

Restaurant Accounting Services, Inc.

Website

https://rasiusa.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Restaurant Accounting Services (RASI/Back Office) provides outsourced accounting, payroll, and finance-as-a-service to 4,000+ independent, multi-unit, and franchise restaurant operators across the US and Canada via its hospitality-specific Profit Center™ platform, operating as a subsidiary of Buyers Edge Platform.

Ownership category

akta.pro rank

Product category

Hospitality Back-Office and Accounting Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Billing & Revenue Operations (Subscription/Usage Billing, Rating, Order-to-Cash Support) (BPAAAGAD)

akta.pro secondary industries

Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

Keywords

• Restaurant accounting services
• Hospitality payroll processing
• Accounts payable automation
• Restaurant financial reporting
• Restaurant inventory management

Headquarters

HQ city

Littleton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Accounting Services Subscription: Monthly subscription-based pricing for restaurant accounting services with tiered plans (Growth, Professional, Elite) based on restaurant size and complexity. Includes software platform access, compliance oversight, reporting, and ongoing education.
2. Payroll Processing: $60/month processing fee plus $6/month per employee. Covers payroll tax filing, tip reporting, employee PTO/vacation bank, W2 generation, and compliance management. One-time setup fees apply.
3. Purchasing & Rebates: Through Buyers Edge Platform parent company - leverages $35B in managed spend network to provide rebates on 175K products including food items and supplies. Average 5-10% fresh produce savings. Revenue derived from manufacturer partnerships and volume-based rebates.
4. Managed Finance as a Service (FaaS): Comprehensive managed service combining software platform with expert team support. Includes training, education, and ongoing guidance from former restaurant operators. Revenue bundled within subscription tiers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

RASI provides outsourced accounting, payroll, and finance services to restaurant operators through its Profit Center™ platform, combining hospitality-specific software with managed back-office expertise. The offering spans weekly financial reporting, payroll and HRIS processing, accounts payable and cash management automation, inventory and theoretical costing, POS integration and data normalization, restaurant compliance, treasury solutions, and purchasing/rebates via the parent Buyers Edge Platform. It targets independent, multi-unit concept, franchise, and enterprise restaurant operators across the US and Canada, sold primarily through subscription plans and per-employee payroll fees.

Product overview

RASI (now operating as Back Office) offers a comprehensive restaurant management platform combining purpose-built accounting software with managed professional services. The core offering is Profit Center™, a hospitality-specific ERP platform providing end-to-end managed finance as a service. The integrated suite includes: Restaurant Accounting, Bookkeeping+, Financial Reporting, Payroll & HRIS, AP & Cash Management, Inventory Management & Theoretical Costing, Purchasing & Rebates (via Buyers Edge Platform), Business Intelligence & Data Analytics, POS Integration & Data Normalization, Restaurant Compliance, and Treasury Solutions. The platform is offered through three pricing tiers (Growth, Professional, Elite) plus Bookkeeping+ add-on, and recently introduced modular Operations-Only Packages and Bill Pay (AP Automation) as part of the 2025 Back Office rebrand.

Differentiator

Problem solved

Functional benefit

Products and services

• Restaurant Accounting Outsourced restaurant-specific accounting service for small, medium, multi-unit, franchise, and enterprise restaurant operators, providing expert bookkeeping combined with the Profit Center™ purpose-built platform. Designed for operators who lack an internal finance team or need restaurant-specific expertise that generic bookkeepers do not provide.

Quantifiable outcome

• 14% increase in NET Profit for first-year clients
• +7 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability9 records

Feature6 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• Buyers Edge PlatformflagshipStrategic or Co-development PartnerParent company and strategic partner. RASI is now Back Office under the Buyers Edge Platform umbrella. This powerful network includes digital procurement, supply chain management, software solutions, and fresh produce management. Provides exclusive access to savings and tools that provide competitive advantage through $35B in managed spend.
• AmTrust FinancialcoreStrategic or Co-development PartnerWorkers' compensation insurance provider integrated with RASI's payroll and HR services. Provides compliance and insurance solutions for restaurant operators.
• Efficient HirecoreTechnology or IntegrationHR documentation partner providing digital storage, electronic signature, storage, and retention of I-9, W-4, and other HR documents. Eliminates fragmentation of employee onboarding process and ensures compliance.
• Payroll Tax Filing ServicescoreTechnology or IntegrationIntegrated payroll tax filing and processing through RASI's platform including federal/state unemployment, form 940 and 941 returns, state forms, and annual W2 generation.
• POS System ProviderscoreTechnology or IntegrationIndustry-leading POS software integrations seamlessly transferring POS data directly into RASI's accounting and payroll systems. Includes data backup and archiving capabilities.
• Manufacturing PartnerscoreStrategic or Co-development PartnerOver 350 manufacturer contracts available through Buyers Edge Platform providing rebate programs and purchasing power for restaurant operators.

Scale indicators14 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• BlueCart (by Cut+Dry): BlueCart offers restaurant procurement and ordering software with back-office workflow features, intersecting with RASI's purchasing/rebates and AP automation capabilities within the Buyers Edge ecosystem.
• Gusto: Gusto is an SMB payroll/HRIS platform that, while not restaurant-specific, competes directly with RASI's Payroll & HRIS module for small restaurant operators seeking a lower-cost, generalist alternative.

Direct peers

• SynergySuite: SynergySuite offers restaurant-specific operational tools including inventory, food costing, scheduling, and dashboards. It targets the same multi-unit operator segment as RASI with comparable back-office workflows.
• MarginEdge: MarginEdge is a restaurant-focused invoice management, inventory, and food-costing platform. It directly competes with RASI's AP automation, inventory, and theoretical costing modules.
• Restaurant365: Restaurant365 is a leading cloud-based accounting, inventory, payroll, and operations platform purpose-built for restaurants. It is the most direct competitor to RASI/Back Office across the SMB-to-enterprise restaurant vertical.
• Crunchtime Information Systems: Crunchtime provides restaurant back-office solutions including inventory, food cost, labor, and operational analytics for multi-unit restaurant operators, overlapping significantly with RASI's inventory, costing, and reporting capabilities.

Broad incumbents

• Toast: Toast is a leading restaurant POS platform that has expanded into payroll, team management, and back-office reporting. As a broad incumbent, it increasingly overlaps with RASI's financial reporting, payroll, and POS integration layers.
• TouchBistro: TouchBistro provides a restaurant POS platform with add-on modules for inventory, payroll, and reporting, positioning as a broad incumbent alternative to a dedicated back-office stack like RASI.
• Lightspeed Restaurant: Lightspeed offers a restaurant POS and operations suite with inventory and reporting features that compete with portions of RASI's offering, particularly for SMB and mid-market operators.

Others

• Xenial (formerly Restaurant Solutions International): Xenial provides restaurant self-service kiosks and back-office solutions including payroll and inventory. It is an adjacent ecosystem participant overlapping with RASI's restaurant back-office automation space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RASInc_
• YouTubeyoutube.com/channel/UCzJgEPY9e_zBhSxjUfIEEaA
• Facebookfacebook.com/RestaurantAccountingServicesInc
• LinkedInlinkedin.com/company/restaurant-accounting-services-inc-rasi
• Instagraminstagram.com/rasinc__

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Restaurant Accounting Services, Inc. (RASI)