Restaurant Accounting Services, Inc. (RASI)
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.
- Company typePrivate
- Founded2000
- HeadquartersLittleton, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
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.
Restaurant Accounting Services, Inc. (RASI) firmographics
Firmographics- 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
Restaurant Accounting Services, Inc. (RASI) industry classification
Industry- 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
Where Restaurant Accounting Services, Inc. (RASI) is headquartered
LocationHeadquarters
- HQ city
- Littleton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Restaurant Accounting Services, Inc. (RASI) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- 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.
- 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.
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Growth Plan - For restaurants with 5+ rooftops |
| Subscription | Multi-year contract | Professional Plan - For franchisees and emerging brands |
| Subscription | Multi-year contract | Elite Plan - For operators wanting full management focus |
| Subscription | Multi-year contract | Bookkeeping+ Add-on |
| Subscription | Monthly | Payroll Processing |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Restaurant Accounting Services, Inc. (RASI) product offering
Product offeringCore 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
Companies that use Restaurant Accounting Services, Inc. (RASI)
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Restaurant Accounting Services, Inc. (RASI) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
AI capability9 records
Feature6 records
Restaurant Accounting Services, Inc. (RASI) partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship and core.
- Buyers Edge PlatformflagshipParent 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 FinancialcoreWorkers' compensation insurance provider integrated with RASI's payroll and HR services. Provides compliance and insurance solutions for restaurant operators.
- Efficient HirecoreHR 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 ServicescoreIntegrated 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 ProviderscoreIndustry-leading POS software integrations seamlessly transferring POS data directly into RASI's accounting and payroll systems. Includes data backup and archiving capabilities.
- Manufacturing PartnerscoreOver 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
Restaurant Accounting Services, Inc. (RASI) competitors and assessment
Company assessmentEmerging 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
Restaurant Accounting Services, Inc. (RASI) social profiles
Digital presenceRestaurant Accounting Services, Inc. (RASI) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Restaurant Accounting Services, Inc. (RASI) leadership team
Management profileNumber of profiles
Profiles1 record
Restaurant Accounting Services, Inc. (RASI) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Restaurant Accounting Services, Inc. (RASI) M&A and investment
M&A and investmentM&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)
What does Restaurant Accounting Services, Inc. (RASI) do?
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.
Is Restaurant Accounting Services, Inc. (RASI) a public or private company?
Restaurant Accounting Services, Inc. (RASI) is a private company. It is classified as corporate owned and is currently operating.
When was Restaurant Accounting Services, Inc. (RASI) founded?
Restaurant Accounting Services, Inc. (RASI) was founded in 2000. It employs 101 to 250 people.
Where is Restaurant Accounting Services, Inc. (RASI) based?
Restaurant Accounting Services, Inc. (RASI) is headquartered in Littleton, United States, in the North America region.
How does Restaurant Accounting Services, Inc. (RASI) make money?
Four revenue lines are on record. Accounting Services Subscription is the primary driver. The others are payroll Processing, purchasing & Rebates and managed Finance as a Service (FaaS).
Who are Restaurant Accounting Services, Inc. (RASI)'s main competitors?
Emerging players on record are BlueCart (by Cut+Dry) and Gusto. Direct peers are SynergySuite, MarginEdge, Restaurant365 and Crunchtime Information Systems. Broad incumbents are Toast, TouchBistro and Lightspeed Restaurant. Xenial (formerly Restaurant Solutions International) is listed as an others.
Does Restaurant Accounting Services, Inc. (RASI) have an API?
No public API is recorded for Restaurant Accounting Services, Inc. (RASI).
What industry is Restaurant Accounting Services, Inc. (RASI) in?
Restaurant Accounting Services, Inc. (RASI)'s product category is Hospitality Back-Office and Accounting Services. Its primary akta.pro industry code is BPAAAGAD, Billing & Revenue Operations (Subscription/Usage Billing, Rating, Order-to-Cash Support), with a secondary code of BPAAAGAB, Accounts Receivable (Invoicing, Cash Application, Deductions). Its NAICS code is 54121 and its SIC code is 7370.