Restaurant POS System

You cannot deny the fact the presence of restaurant management software has become inevitable for a restaurant these days. Many believe that the POS system helps in making their work easier and also escalates the business. This statement is certainly true as most of the restaurant owners don’t think about operating and expanding the business without restaurant POS.

A restaurant POS software aids in growing your business as it offers various benefits such as:

• It helps in creating multiple reports
• Analyzing staff performances
• Streamlining kitchen operations
• Optimizing order preparation time

Now, let’s take a look at how POS make a huge impact on your business positively:

Escalating Restaurant Operations with POS

One thing you should know that not all restaurant software offers every functionality that you need. You should have an eagle’s eye to find the features which are compatible with your business. Following are some of the features that should be in your list as they’ll directly impact your business:

Streamlining Supply Chain Process

You can streamline the operations by managing the restaurant supply chain process with the POS system. It helps in managing everything from inventory to vendors to purchase-chain and everything necessary to run a restaurant smoothly. It becomes more evident for restaurant franchises and chains that deal with multiple outlets and vendors.

Suppose you order raws materials from multiple vendors for one of your outlets. You should have a separate list for vendors, raw materials needed from them, price, quantity, etc. in one database to avoid confusion afterward. You can achieve this with the least possible human errors by installing a restaurant POS on your premises. It can even help you manage the raw material quantity being used in a particular outlet.

Reporting

If someone wants to expand their restaurant business or any business, then the past reports play a vital role. By analyzing the sales reports, you get a clear view of the growth curve, which can help you to identify the loopholes in your business model. With ERP software, you get multiple report viewing which includes total sales, total footfall details, restaurant turnover time, and peak hours. Besides, you can think about expanding your business based on expenses reports, inventory reports, and sales reports. With such data, you can make a better decision and make sure that there are no errors in your current business model.

Multiple Outlet Management

One of the dreading task for restaurant chain owners is to manage their multiple outlets. You should select a POS system that will make it easy for you to handle your outlets from a single location. You must be able to access information about all your outlets on one screen. A restaurant POS software system helps you to standardize everything from your recipes to the processes at your restaurant and so on. It enables you to streamline the process and makes it quicker for you to add a replica of your other outlets.

Managing Franchise

One of the easiest ways to step into restaurant space is by getting a franchise restaurant. If you are a newbie in the restaurant industry, a franchise would give him/her a complete set of instructions that how a restaurant works. As a franchise owner, you would need a good POS system to cope up with the brand sales. An ideal POS system will serve as a good platform for transactions and billing. Other things to take care of when running a franchise outlet are basic instructions, norms, and recipes that you need to follow. You can achieve this by installing a restaurant POS on your premises.

Features to look for in Restaurant POS

When you know what you need to scale up your restaurant business, the next step is to look for an ideal restaurant management system. The better the technology, the more efficient it is for your business. Let’s look at the features you need in your restaurant software:

User-friendly interface

An ideal restaurant POS is the one whose interface is easy to understand and staff has not to face difficulties to work with it. Since you have to provide training to your staff to teach its working, your restaurant POS should be easy enough for them to operate.

Quick to implement

Most of the traditional POS takes a couple of days to implement and run. Now, with technological advancements, you can also work in a cloud-based POS software system. It takes only a couple of hours to implement and set up. There’s minimum time wastage even if you have to migrate to a new POS.

Flexibility

Customers use different mediums to pay for their bills. And now, because of the online wallets and virtual money, a very less percentage of customers pay their bills through cash. That’s why your restaurant billing software should allow the customers to pay using online wallets, contactless payments, credit/debit cards, mobile apps, etc.. It should have the flexibility to work with different options when it’s about orders and transactions.

Managing Multiple Outlets

When you are scaling your business, you need to add more outlets to your restaurant chain. As a restaurant owner, you must look for a system that enables you to manage all your outlets from one location. LOGIC offers a real-time report analysis feature that helps you to see what’s going on at each of your outlets even though you are not physically present there. With this, you could easily see which outlet is performing better and can use that database to figure new strategies.

5 Ways to use POS Software as Online Restaurant Management System:

Have Tight Control over Inventory

One of the important aspects of the restaurant business is inventory management. An analysis shows that some major factors that lead to substantial restaurant losses are:

• Wastage
• Restaurant thefts
• Pilferage

It is very difficult to keep track of the inventory, which becomes more problematic when you have to handle multiple branches of the restaurant. With online restaurant management software, you can mitigate the risks and errors that come with inventory management, thus streamlining the kitchen operations. You have to make sure that your POS software comes with an integrated inventory management system to have tight control over your product’s stock. It can automatically calculate the total stock consumed in a day, week, or month according to total orders placed. Your POS will even notify you about the current stock of the item, about to expire stock, etc. You will get proper documentation of everything to prevent inventory theft.

Taking Orders Online

Over the past few years, so many innovations have come through because of the Food Tech revolution. One such aspect is the online ordering and payment system. These days, the majority of restaurants are earning profits because of online ordering and food deliveries. Food aggregators such as Zomato, Uber Eats, Swiggy, and Foodpanda are the leading stakeholders in the current market space. Restaurants receive a large number of orders through these platforms too.

It is quite common for a restaurant to receive orders from multiple food aggregators. And when they have to manually update the orders in the POS from all these platforms, it becomes problematic. But, with a smart POS software system, you can accept orders from all the food ordering channels, which will get updated automatically without disturbing the flow of kitchen operations.

Not just that, if you have your own online ordering mobile app or website, you can easily customize it according to your restaurant’s theme, which will include the full menu display. When it is integrated with your CRM, it will allow you to collect your customer’s details like ordering history, behavior, and contact information. With this data, you can start restaurant marketing campaigns also.

Manage Multiple Outlets from a Single Location

Every restaurant owner wants to expand their business, whether it’s in different cities, or states, or countries. For achieving such a dream, you will need to install a robust restaurant POS software system, which can help you in your business expansion. It can help you in the following ways:

• Managing sales account of all the outlets.
• You will get complete account details of all the sales reports from every outlet.
• The software will provide you with a comparison of sales reports of all your outlets.
• Details about the available stock in every outlet.

Once you start receiving all the information from every outlet in one place, your problem regarding how you will manage multiple outlets at once will resolve automatically.

Real-Time Reporting System

You can’t be physically present at every outlet at a time. But it doesn’t mean that you have to depend on the outlet managers for the sales reports. With restaurant POS software, you will get real-time data about the sales, ensuring that you are always alert about your restaurant activities. Along with this, you will get the following benefits:

• As a restaurant owner, you will be able to customize reports according to your requirements and can even view them graphically.
• When you have a cloud-based restaurant POS system, it will provide you with detailed accounts and reports of every process that’s going on across all your outlets.
• You will be receiving the reports on your mobile phone.

Improve Customer Relationship Management

As a restaurant owner, you always have to work to build a strong customer relationship with your existing and new customers. A restaurant POS system can help you augment your customer relationship management in the following ways:

Your restaurant POS can help you centrally manage the customer database. If you have multiple outlets, you can have a single database of customers and can classify customers according to their ordering history, behavior, and geography.
Starting loyalty programs is the perfect way to improve customer retention. By integrating loyalty programs with CRM, you can target customers in a better way. It will help you in improving your customer base.
When you have the entire details of customers, you can send customized emails and SMS, informing people about the new offers, events, discounts, and other exciting things happening at your restaurant.

You must install and use the restaurant POS that meets your requirements and comes with new features and regular updates. It will ensure that you are always up-to-date with new POS trends and not running behind your competitors. A restaurant POS software by LOGIC Enterprise will help you in making your daily restaurant processes seamless. See for yourself how it decrease your manual labor dependency, so you can be at peace like nothing wrong could ever happen in your restaurant.

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