Modern Restaurant Management

APRIL 10, 2024

Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. When prices for staple ingredients like chicken rose dramatically in 2023, restaurant operators were forced to increase their prices. Full-service menu prices climbed 4.5 Data from the U.S.

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POS Systems Back Office Operations Pricing Budgeting 196

Modern Restaurant Management

JULY 28, 2022

Customer data is only one segment of the information you need for good sales insights, marketing information, and business analytics. Behavioral information is data you’ve gleaned from customer interactions with your business. Any time a customer interacts with your business, data is created. POS System.

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Hotelogix

DECEMBER 19, 2024

Picture a system that displays your hotel's current status and forecasts its future. This is what hotel business intelligence software accomplishes. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. But how can you interpret all this information?

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Maintenance Training Pricing Book 100

Hospitality Magazine

MAY 20, 2024

There’s no question technology plays an integral role in the success of a hospitality business. From tailoring rosters and integrating POS with bespoke food delivery platforms to compliance management and everything in between, there is a lot to think about. It builds the tools you need to help run and grow your business.

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Modern Restaurant Management

MAY 23, 2024

The difference between surcharging and cash discounting Simply put, surcharging is a service fee added to the bill, whereas cash discounting offers customers a lower price for paying in cash. Cash discounts are done by raising your prices and offering a flat discount for cash payments.

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Modern Restaurant Management

OCTOBER 13, 2022

Rising inflation has impacted businesses for the better part of the year, leading many to modify their menus and increase prices in the face of higher ingredient costs. A point-of-sale (POS) system can streamline the ordering and preparation processes, making it easier to improve service even during peak service.

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Lithos POS

SEPTEMBER 27, 2023

Technology helps business owners achieve their goals by simplifying and more opportunities to grow businesses. The restaurant point of sale system is an effective innovation in the restaurant industry. POS, or Point of Sale, refers to the point at which a sales transaction reaches its ending.

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7 Shifts

FEBRUARY 7, 2024

The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. A wide-ranging industry report from Toast included a section on restaurant technology trends, noting that 82% of restaurants were using a POS, followed by 56% using payroll software.

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Synergy Suite

FEBRUARY 21, 2023

Selecting the right point of sale (POS) system is a crucial decision for restaurant owners and operators. The ideal POS system should align with the unique requirements of your restaurant business, ensuring seamless operations, enhanced customer experiences, and efficient management.

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Modern Restaurant Management

SEPTEMBER 14, 2021

Across the country, prices for food are reaching all-time highs as inflation picks up and COVID-19 restrictions loosen, driving more consumers to resume dining, shopping and traveling. producer prices for processed poultry in May hit a record high. producer prices for processed poultry in May hit a record high.

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Pricing POS Systems Scheduling Presentation 188

Hotelogix

OCTOBER 18, 2023

One such innovation is the Hotel POS (Point of Sale) system, a robust solution that has revolutionized how you manage your services, transactions, and overall guest satisfaction.    👉At its core, a hotel POS system digitizes and automates many previously manual, paper-based, or disjointed processes.

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InnQuest

SEPTEMBER 12, 2023

This includes advertising, promotions, pricing strategies and partnerships with travel agencies and online booking platforms. Hotels need to integrate and utilize various software systems like property management system s (PMS), point-of-sale (POS) systems, customer relationship management (CRM) tools, and online booking platforms.

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Modern Restaurant Management

JANUARY 13, 2020

Specifically, restaurant operators will want to look at data insights from their POS system, customer transactions, and payroll to identify 2020 goals. Pricing events for happy hours and special occasions. Other areas that are easy to automate with the right software solutions include: Online ordering with POS integration.

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NCC USA

JULY 20, 2023

Your food truck business has unique requirements for an ideal POS system. If you are going to put your trust in a food truck POS software system, you need to know that it will be reliable and meet your particular needs. Also, you want a food truck POS software that can go beyond simply swiping credit cards.

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NCC USA

NOVEMBER 29, 2022

Restaurants across the country, and even around the world, are recognizing the value of self-service point of sale (POS) systems and are implementing kiosk POS systems in staggering numbers. What You Need in a Restaurant Kiosk POS System. Market data shows sales of kiosks topped $234.6

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Hospitality Magazine

SEPTEMBER 15, 2024

Trusted by tens of thousands of hospitality businesses nationwide, Zeller is Australia’s leading all-in-one EFTPOS and financial services solution. With Zeller Terminal, businesses of all sizes can accept payments faster, enhance their customer experience, and unlock valuable sales insights to boost growth.

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POS Systems Front of House Accounting Pricing 130

Modern Restaurant Management

FEBRUARY 3, 2022

Inventory and Menu Management : Though 47 percent of operators say that all or most of their suppliers increased prices during the pandemic, two-thirds of restaurants maintained or increased their menu offerings. In most cases, new menu offerings involved adding takeout and delivery options.

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7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. If, for example, you still rely on manually clocking out, consider a solution that digitizes the process and allows you to generate business data without having to wade through endless numbers.

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Modern Restaurant Management

JUNE 1, 2023

By now, loyalty programs have shifted from a “nice-to-have” to a “need-to-have” for restaurants looking to retain customers and drive revenue amid record inflation figures and increased prices. In this way, businesses can create a sense of progression and raise switching costs for their valuable guests.

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NCC USA

DECEMBER 7, 2022

Restaurant technology has moved far beyond traditional ticket systems and cash registers. Today’s point of sale (POS) systems enable efficient order management and handling of payment transactions. POS systems for restaurants have become the nerve center of the entire operation, connected to every aspect of the business.

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The Restaurant Times

OCTOBER 13, 2021

To remove all these hassles, we have come up with five ways you can boost your loyalty program with a tablet POS system in your restaurant. 5 Ways How A Tablet POS System Can Boost Restaurant Loyalty Programme . Here is how a tablet POS system can boost your loyalty program and how your restaurant can benefit from it. .

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Synergy Suite

FEBRUARY 7, 2023

A good restaurant POS system not only ensures smooth and accurate transactions but also enhances operational efficiency and customer satisfaction. On the other hand, a bad POS experience can lead to delays, errors, and frustration for both customers and staff. What is a Restaurant POS System?

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Modern Restaurant Management

AUGUST 16, 2023

With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. These systems help every aspect of the dining experience — including the kitchen, waitstaff and payment process — run smoothly and efficiently.

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NCC USA

JULY 31, 2023

NCC has developed a powerful Farmers’ Market POS (Point of Sale) system explicitly designed to meet the needs of merchants in this market. The Basics of Farmers Market POS Systems A Farmers’ Market POS system needs to be compact and powerful. Reflection POS makes it easy to program price-per-weight items.

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POS Systems Marketing Inventory Planning Pricing 52

Modern Restaurant Management

NOVEMBER 1, 2021

In the best of times, restaurants have operated on thin margins to offer competitive menu pricing. When evaluating potential platforms, here are three important things to consider: Does it integrate into my existing POS system? Servers are busy and have little time to look at a phone during shifts.

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7 Shifts

FEBRUARY 8, 2024

When you sign up for either the monthly or annual plan, the ChowNow team will build an iPhone app tailored specifically to your business and made available via the iTunes App Store, free for your customers to download and enjoy. Google Business Profile (formerly Google My Business) & Bing Places Hours change for holiday weekends.

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Hospitality Magazine

MAY 27, 2024

Square’s all-in-one POS system allows hospo businesses to take payments and serve customers their way. It builds the tools you need to help run and grow your business. This includes inventory counts and invoices, staff rostering, franchise management, and organising back of house with the kitchen display system.

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Modern Restaurant Management

OCTOBER 26, 2022

In fact, credit card processing fees rank as the third highest cost of doing business behind the cost of food and labor. Credit card acceptance is an essential part of doing business today as more consumers move toward cashless forms of payment. business owners an added $1.2 According to a PYMNTS survey of 3,250 U.S.

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POS Systems Accounting Reservations Pricing 179

Modern Restaurant Management

JULY 21, 2021

There is no doubt that franchises do an incredible amount to help their franchisees, whether that’s providing business support and sharing key information to offering training and access to their trademarks and branding. Unfortunately, what many franchises often lack in providing is a unified payments system.

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POS Systems Training Pricing Information 180

7 Shifts

FEBRUARY 8, 2024

When you sign up for either the monthly or annual plan, the ChowNow team will build an iPhone app tailored specifically to your business and made available via the iTunes App Store, free for your customers to download and enjoy. Google Business Profile (formerly Google My Business) & Bing Places Hours change for holiday weekends.

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Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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Modern Restaurant Management

FEBRUARY 7, 2023

Offering increased visibility for brands and expanding the pool of customers restaurants are able to reach, the dynamic services these apps provide are essential for owners and operators competing for relevance and market share in a rapidly shifting landscape of business models utilizing SaaS technology.

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STAAH

OCTOBER 15, 2024

Tip for Hoteliers: Look for a cloud-based PMS that allows real-time updates, offers mobile access, and can easily scale as your business grows. A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies.

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Modern Restaurant Management

FEBRUARY 11, 2021

Restaurants wanting their business should offer a mobile app that features a loyalty program which allows customers to track points and enables them to order ahead, customize orders and pay online. Look for a POS system that can update menus, prices and branding in near-real-time.

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POS Systems Pricing Marketing 197

Modern Restaurant Management

AUGUST 26, 2024

It really depends on the specific needs and circumstances of the business. Filters can help users find what they're looking for, along with product descriptions and prices. This platform could integrate with the restaurant's existing POS system. This scenario also implies hiring couriers and handling logistics.

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Modern Restaurant Management

MARCH 20, 2024

Facing harsh headwinds in the form of stiff competition, tough macroeconomic conditions, and ever-evolving consumer preferences, running and scaling a successful restaurant business requires a nimble approach that encompasses four key focuses. Each metric tells its own story about the health of the business.

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The Restaurant Times

DECEMBER 5, 2020

Given the current scenario, you must always adapt to keep your business afloat. As the price of raw materials fluctuates throughout the year, it’s important to analyze your food costs regularly. At the time of deciding the menu prices, the price of certain ingredients might have been less. When Food Costs Change.

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