Remove 2018 Remove Accounting Remove POS Systems
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Steps to Set Up a Restaurant POS System for Your Business

LimeTray

That’s why setting up a restaurant POS system for your business is the most crucial step in a restaurant’s operations, like food ordering, payment processing, inventory management, and customer relationship management. How to Set Up a Restaurant POS System for Your Business?

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Hotel Chargebacks Explained: Fight Disputes & Save Revenue

Hotelogix

Increased Costs: Elevated chargeback rates trigger higher transaction fees from payment processors, and in severe cases, suspension of merchant accounts. Read More : Revolutionize Guest Service with the Hotel POS System! Common Causes of Chargebacks 1. Proper training ensures they follow best practices during guest interactions.

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10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. After that, the most popular back-office technologies were accounting software (52%, up from 31% in 2018) and payroll software (50%, up from 28% in 2018), according to a study from Toast.

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Evolving Technology for Restaurant Operations

Modern Restaurant Management

In 2018, as the company pursued expansion, restaurants were finding wait times were exceeding the desired level. Orders from online channels and delivery partners had to be manually entered into its previous Point-of-Sale (POS) system, and manually delivered to the kitchen.

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A Step-By-Step Guide To Restaurant Accounting

The Restaurant Times

Restaurant accounting is an integral part of operating modern-day restaurants and ensuring consistent growth in the business. Typical accounting methods have not been able to cope with the fast-changing demands of the restaurant business. Benefits Of Restaurant Accounting. Key Restaurant Accounting Metrics.

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Surprising Ways that Tech Can Help Evolve Your Restaurant

7 Shifts

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. After that, the most popular back-office technologies were accounting software (52%, up from 31% in 2018) and payroll software (50%, up from 28% in 2018), according to a study from Toast.

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7 Issues that Threaten the Franchisor and Franchisee Relationship

7 Shifts

Example: KFC In 2018, about two-thirds of KFCs in the United Kingdom had to temporarily close due to an inventory issue. Example: Domino’s In December 2018 , multiple Domino’s franchisees threatened to “declare war” on corporate and stop opening new stores if the franchise cost and profit models were not restructured.