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Why Restaurants Should Lean Into Loyalty Programs As a Way to Increase Direct Sales

Modern Restaurant Management

To do this effectively and successfully, brands will need to dive into the customer data gathered from their POS system. According to a 2018 survey, 15 percent of customers who are loyal to a brand can generate anywhere from 55 percent to 70 percent of that brand’s total sales.

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How Does a Restaurant POS System Work?

LimeTray

Restaurant businesses come in all shapes and sizes, but if theres one thing every business needs, its a reliable point of sale (POS) system. The POS plays an important role in any businesss day-to-day operations, as it drives the entire checkout process. But how does a restaurant POS system work, exactly?

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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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Why Friendly Fraud Is on the Rise at Full-Service Restaurants

Modern Restaurant Management

According to The State of Chargebacks 2018 Report from Kount and Chargebacks911.com, Operators such as Saltwater Grille , based in Portland, Maine and 71Above in Los Angeles, are turning to technology that can augment their current POS, eliminating the need to upgrade it altogether.

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Hotel Chargebacks Explained: Fight Disputes & Save Revenue

Hotelogix

Read More : Revolutionize Guest Service with the Hotel POS System! " -Patrick Del Rosario, By Hotel Durban, Makati City, Philippines Using Hotelogix since August 2018 " We treat our guests like family, building strong relationships and trust. 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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Revolutionizing Restaurant Financial Compliance with the AI-Powered Future

Modern Restaurant Management

POS systems tend to be the most fruitful attack targets for cybercriminals, with 75 percent of restaurant data breaches being traced back to compromised POS systems, according to a 2016 Trustwave Global Security Report. The rate of people moving away from using cash is rising steadily.