Modern Restaurant Management

MAY 31, 2022

For example, basic point of sale (POS) systems or integrated restaurant management systems are useful digital tools that enable data reporting. Aside from gathering reports from a POS system, some restaurants will leverage other types of software that are beneficial to improving the restaurant’s performance.

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Lithos POS

SEPTEMBER 27, 2023

POS helps you to automate various business functions such as inventory, payments, accounting, customer, and employee operations. Why Restaurant POS System Restaurant POS system offers seamless business operations. This will help you to manage most of the business operations through the POS.

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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

JULY 28, 2022

Some things you can learn from your online ordering site: Is your pricing in line with your offerings? POS System. Your POS system is the heart of your customer and operational data. Your POS system collects information about each order entered, and about how long it takes your team to prepare that order.

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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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Hospitality Magazine

SEPTEMBER 16, 2024

From cyber security, tipping, and payment solutions to financial wellbeing, practical business advice, and produce price tracking, technology innovators are helping each part of the industry run more effectively and efficiently. Its new price tracking feature allows purchasers to access real-time pricing across 4,000 items and suppliers.

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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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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

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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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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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. It helps you accurately price your menu items , has a direct impact on your prime cost and helps you run a profitable restaurant. You can get this data from your POS system.

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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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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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Hospitality Magazine

MAY 20, 2024

doshii.com Square Square’s all-in-one POS system allows hospo businesses to take payments and serve customers their way. Square’s simple, transparent pricing means you always know what you’ll pay, with no hidden fees or mandatory lock-in contracts. This integration streamlines transactions, improving customer experience.

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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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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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Modern Restaurant Management

NOVEMBER 30, 2023

Recent findings reveal that researching a new POS for implementation after 2023 is a priority for 43 percent of restaurants , with 29 percent hoping to upgrade their POS for better omnichannel integrations. This shift underscores the evolution of POS systems from mere transactional tools to comprehensive data hubs.

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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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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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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 fact, research from Accenture found that more than 90 percent of companies have some sort of loyalty program.

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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? How Tight Profit Margins Prevented Solutions.

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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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Hospitality Magazine

SEPTEMBER 15, 2024

Plus, with Zeller’s free built-in POS system, small businesses can optimise their sales process — simply and affordably. Affordable pricing : Pay one low rate for all cards, including American Express, with no monthly fees or lock-in contracts. Learn more An EFTPOS machine that gets you paid faster, for less.

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7 Shifts

DECEMBER 18, 2023

It integrates with your POS system and other restaurant tools to keep track of your stock and let you know when you’re running low. Point-of-sale (POS) system Your point-of-sale system, or POS, is the technology that your team uses to process customer orders quickly and send them directly to the kitchen.

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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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Adora POS

AUGUST 29, 2024

Unlock your bar's potential with Adora's POS systems—streamline menu management and pricing strategies for enhanced efficiency and customer satisfaction.

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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. This includes inventory counts and invoices, staff rostering, franchise management, and organising back of house with the kitchen display system. Square goes way beyond just payments. squareup.com Read Original Post

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Modern Restaurant Management

AUGUST 26, 2024

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. It allows chefs, waitstaff, and managers to carry out their designated tasks within the system. Order status should be changeable.

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7 Shifts

FEBRUARY 8, 2024

It’s a suite of tools for restaurants that includes online ordering, order integration, menu management, smart pricing, and more. The menu management and smart pricing tools are a nice one-two combo: as soon as you identify changes you need to make to pricing, menu management lets you push those updates throughout your digital ecosystem.

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7 Shifts

FEBRUARY 8, 2024

It’s a suite of tools for restaurants that includes online ordering, order integration, menu management, smart pricing, and more. The menu management and smart pricing tools are a nice one-two combo: as soon as you identify changes you need to make to pricing, menu management lets you push those updates throughout your digital ecosystem.

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The Restaurant Times

DECEMBER 5, 2020

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. As a general practice, you can compare the prices of other vendors and your current suppliers. .

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STAAH

OCTOBER 15, 2024

A channel manager automates this process, syncing room rates and availability across all platforms, reducing the risk of overbookings or pricing discrepancies. Revenue Management Software (RMS) Revenue Management Software (RMS) optimizes room pricing by analyzing market trends, competitor pricing, and demand patterns.

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7 Shifts

NOVEMBER 17, 2021

Because the price of some items changes from week to week, make sure you use the latest price paid as the standard. Total Cost : Multiply the unit price of each item by the amount of that item that you have in your inventory. Here are a few advantages of each: XtraChef by Toast : Ease of use and easy integration with Toast POS.

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Modern Restaurant Management

OCTOBER 26, 2022

To help recoup the cost of accepting cards, some restaurants are raising the prices of menu items, and others (where permitted by state law and merchant services agreement) are adding a credit card surcharge to bills.

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Modern Restaurant Management

JULY 21, 2021

Often, franchisees are not provided with their own point of sale (POS) systems and other vital pieces of technology so they end up having to pay full retail prices for these essential items. Standardize Payments Technologies.

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Lithos POS

MARCH 16, 2023

LithosPOS gift shop POS system provides improved efficiency and speed in transactions, it minimizes errors and speeds up the checkout process. Furthermore, the system can track customer data, which can be used to retarget your customers by sending personalized discounts and offers. Benefits of Gift Shop POS system of LithosPOS.

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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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