Toast Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States Ireland India and internationally. The company offers software products for restaurant operations and point of sale such as Toast POS team and vendor management multi-location management kitchen display system mobile order and pay and catering and events. It offers payroll and team management; supply chain and accounting products; xtraCHEF by toast a set of back-office tools for restaurants including accounts payable automation inventory management ingredient price tracking and recipe costing; and financial technology solutions. The company was formerly known as Opti Systems Inc. and changed its name to Toast Inc. in May 2012. Toast Inc. was incorporated in 2011 and is headquartered in Boston Massachusetts.