How Can Restaurant Point of Sale (POS) Systems Help Increase My Profit?

Still thinking if you should really use a restaurant point of sale system? There are many benefits you can get from using an automated system, a couple of them are getting more customers and better ROI.
 
Aug. 28, 2009 - PRLog -- Can Restaurant POS Systems Increase My Profit?

If you're still deciding whether to use a restaurant POS system or not, better read further. It can help you make wise decisions for your business' own sake.

   * Point of Sale (POS).

A type of system that is used throughout the restaurant and retail industry. This computerized system allows business owners to track sales, the money that comes in, food inventory and helps simplify your bookkeeping effectively. Why it’s good for a restaurant: The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessary. A POS system doesn't only keep track of your sales but it can also run useful programs the the ones that can process debit cards. Which makes a safer way of swiping credit cards of your customers. Servers are accountable for all their sales, and it is impossible make changes on checks in the computer unless you have authorization. This can eliminate employee theft.

   * The many benefits of using a restaurant POS system

One great benefit you can get from a restaurant POS system is that it can simplify the communication between the kitchen and the server. Orders go through the computer, directly to the kitchen printer. Another great benefit of a restaurant POS programs is that it can track everything from food usage, to the most popular menu items. Because POS system can act as a time clock, it can also help prepare payroll. It can save you a good amount of money in your bookkeeping department. Along with the daily operations of running a restaurant, your POS system can organize profit and loss statement as well as your sales tax.

   * Any reasons to devalue a restaurant POS system?

Your POS systems is still a computer, subject to all technological problems. And if it suddenly crashed and you don't have any back up, then you risk losing all your business documents, not just sales, but profit and loss statements and payroll statements. All the important stuff that the IRS may need to check up some day. So, it's very important to have a back up.

   * Thinking about extended warranties?

Remember all the money you saved using POS system for recording all your financial transactions? You may end up spending it on your tech guy, to help set up the POS and perform any trouble shooting. A POS system don't have the same usable life span as good old fashioned cash registers. You will need to replace parts, update software and eventually need to replace it entirely with a new model. New POS systems has limited warranties and tech support, but just like every other piece of equipment, the problems always seem to starts after the warranty has run out. For these kinds of problems, you can always buy extra tech support for your POS systems.

   * Looking for some of the most popular popular software providers?

Here are some of the great POS software providers.

• Aldelo
• POS Digital Dining
• POSitouch
• Radiant Systems
• Squirrel Systems

If you are planning a very small operation, such as bread or a sweets shop, you may not need a POS system at opening time, especially if you aren’t going to take credit cards (and there are plenty of places that still don’t accept credit cards). However, if you have dreams of expanding or franchising, then you may want to figure in the purchase of a POS into your opening costs.

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The author of this article is the Vice-President of Customer Relations at http://www.pos-for-restaurants.com with over 20 years of experience serving restaurants of all types throughout the U.S.

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