A point-of-sale (POS) system is a computer system used for ordering, tracking and ringing up sales. POS systems are custom designed and programmed to suit the individual needs of different types of restaurants to increase profits and efficiency. Many successful restaurants rely on POS systems to keep their operations running smoothly.
Some of the benefits are:
- A POS system simplifies communications between the kitchen and the wait staff. Orders go through the computer, directly to the kitchen printer.
- POS programs can track everything from food usage to the most popular menu items.
- It acts as a time clock, it can also help prepare payroll. This can save you a lot of money in your bookkeeping department.
- A POS system can organize profit and loss statements and sales tax.
- Error Control:
- Detailed Business Reports:
When purchasing a POS system for a restaurant, you will have to be undoubtedly sure about secured payments. With an advanced POS system, you can run reports and keep detailed records of all credit card transactions without having to purchase and install a separate credit card machine.
- Theft Control:
The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessity. A POS system not only tracks every penny of your sales, but many POS programs also act as credit card processors. This makes swiping credit cards more secure for both the customer and the business. Servers are accountable for all their sales, and it is impossible to alter checks on the computer unless you have the password. This helps cut down on employee theft.
If you are planning a very small operation, such as a sandwich shop etc, you may not need a POS system at the opening time, especially if you aren’t going to take credit cards. If you have dreams of expanding or franchising, then you may have to purchase a POS into your opening costs.
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