(Newswire.net — May 17, 2019) — According to a Cornell University study, almost 26% of restaurants fail within the first year. Active management is the key to a successful restaurant. Monitoring employees’ performance, offering great customer service, and keeping inventory will all help a restaurant turn a profit. However, it’s quite difficult to track all this info on your own, and that’s where your POS system comes into play. Using a quick service POS helps you improve conversational order-taking, manage separate revenue centers, and can be integrated with online ordering. Below, you’ll learn a few of the most important reasons to upgrade or update your restaurant’s point of sale software.
Working in the Cloud
Internet-based POS software allows you to check in with your restaurant from anywhere there’s a broadband connection. A well-designed POS system will give you the ability to manage the store remotely, whether you’re taking a personal day or you’ve got multiple locations run. The back-of-house system is equally important, as it lets you change prices, add or remove employees, set security protocols, and much more, all with a few clicks of the mouse.
Fewer Errors and Less Theft
Because everything’s stored on your computer or in the cloud and every sale is automatically recorded, your restaurant’s inventory will be much more accurate. With the right POS software, you’ll no longer have to spend time fixing mathematical errors. You won’t have to deal with theft, either. The National Restaurant Association states that 75% of all inventory losses happen due to theft by employees. Modern POS software minimizes theft, eliminates fraud, and makes monitoring employees easier.
Identifying Hot Sellers
You can easily track the popularity of each menu item with POS software. With this feature, you’ll be able to place food and supply orders well ahead of time. Not only will you avoid running out of your hottest sellers, you’ll also get the chance to slash prices and create “specials” on dishes that aren’t selling so well.
Improving Customer Service
Well-crafted POS software helps your staff save time, which translates into better margins and more efficient customer service. With intuitive software, staff can process orders accurately and quickly, which improves guest management. For example, it’s faster for a staff member to tap in an order on a tablet than it is to write it down and enter it into a register. On busy days, you can print tickets straight to the kitchen or the bar, which speeds up order delivery.
Saving Your Time and That of Your Employees
With updated POS software, you’ll have more time to strategize and brainstorm. With everything from real-time reports to time management tools for employees, you’ll have the freedom to run your restaurant the way you want. These features simply aren’t available in conventional cash registers.
The Bottom Line
Choosing the right POS software upgrades is a tough decision. Take care when selecting software, and be sure it’s in line with your goals. With the help of updated POS software, you will quickly learn where you stand as far as restaurant sales are concerned. You’ll have more control and more time to help you restaurant grow and thrive.