Raj Bhaskar’s Post

Toast's evolution is a testament to the power of embedded finance — from a POS solution to a comprehensive platform serving 120,000+ restaurants, with financial technology now driving 83% of their revenue. Their success with embedded payments, payroll, and capital showcases how integrated financial services transform vertical SaaS platforms. A significant opportunity remains: embedded accounting. Today, restaurant operators spend 20 hours weekly on accounting tasks and invest $11,000+ annually in external services. For an industry where 30% of businesses fail in their first year due to financial mismanagement, streamlining these operations is critical. Read our analysis of what embedded accounting would look like for Toast: https://lnkd.in/e-rTvQUM #EmbeddedFinance #Fintech #RestaurantTech #EmbeddedAccounting