Restaurant POS System: Do I Really Need It?
- Point of Sale (POS).
This is a system built for the restaurant and retail industry. With a computerized system, it can allow business owners to track sales, cash flow, food inventory and helps simplify your bookkeeping enormously. Why it’s perfect for a restaurant: The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessary. Not only does a POS system keep track your sales, many POS programs also act as credit card processors. Which makes credit card swiping easier, faster and safer for both the customers and your employee. Servers are accountable for all their sales, and it is impossible to alter checks in the computer unless you have the password. This eliminates employee theft.
- Benefits you can get from a restaurant POS system
One benefit of a POS system is that it simplifies communications 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 tracks everything from food usage, to the most popular menu items. Because your POS system can act as a time clock, it can also help prepare payroll. It can save you a lot of money in your bookkeeping department. Along with the daily operations of running a restaurant, your POS system can organize profit and loss statement and your sales tax.
- Any reasons to devalue a restaurant POS system?
The most obvious week spot to POS systems is that it’s a computer, and subject to all the same technological whims. If it crashes 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 documentation that the IRS may need to check up some day. So, it’s very important to keep a back up.
- Thinking about warranty extensions?
Remember the money you saved on bookkeeping? You could end up spending it on set ups, upgrades and troubleshooting of your POS computers. POS systems don’t have the same usable life span as good old fashioned cash registers. The time will come that you may need to replace its parts, software and eventually buy a new model. Today, newer POS systems has limited warranties and tech support, but just like every other POS equipment, the problems always starts when the warranty wears off. For these kinds of problems, you can always buy extra tech support for your POS systems.
- Need help from some of the most popular software providers?
Below are some of the great POS software providers.
• Squirrel Systems
• Radiant Systems
• POSitouch
• Digital Dining
• Aldelo
If you are planning a very small operation, such as bagel or sandwich shop, you may not need a POS system at first, 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.
Need more information or an online resource?
Go to http://www.POS-For-Restaurants.com
The author of this article is the Vice-President of Customer Relations at POS-For-Restaurants with over 20 years of experience serving restaurants of all types throughout the U.S.
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Thanks for the great post.