8 Ways You Can Increase Your Restaurant Profits with a Point-of-Sale System
Profit Builder #1: Reduce opportunities for employee theft.
Your best defense against employee theft is supervision and security solutions that remove opportunities for theft, fraud or embezzlement. A Premium POS system such as onePOS serves both these functions by managing your employees and making it difficult for them to forge/hide receipts or take merchandise.
Profit Builder #2: Eliminate pricing and math errors.
Several studies show math and pricing errors – which often are a result of using calculators or hand-written checks – can account for 1% of your annual volume. If your daily revenues are only $1,000, you could be losing up to $3,650 each year.
Profit Builder #3: Control your payroll.
Thanks to a built-in time clock feature, a POS system can better manage the actual time your employees work, while eliminating the hours it takes to compute time cards.
Profit Builder #4: Speed up your service.
When a customer places an order with a server or cashier, a POS system can instantly distribute those instructions to a kitchen or bar. By reducing the time your food is delivered, you keep your customers happier and encourage quicker table turnover.
Profit Builder #5: Gain access to enhanced reporting.
You can manage your restaurant better by simply understanding your customers’ buying habits. What are they ordering? When are they buying? What are your most profitable items?
Profit Builder #6: Share data with other programs.
A POS system can capture data and export it into formats that fit other applications, like accounting, payroll and inventory management, eliminating the risk of human error or other manual mistakes.
Profit Builder #7: Accept credit/debit cards – securely.
If you don’t accept credit/debit card payment, you’re losing money. With a POS systems’ integrated credit card process, you are assured of a secure and accurate transaction in less than 2 seconds. A POS eliminates staff- and management time needed to reconcile separate payment-system and cash-register counts.
Profit Builder #8: Market your business more effectively.
By monitoring buying habits using your POS system, you can develop marketing strategies that match your customers’ needs and buying patterns. In addition, a POS system makes it easy to sell, redeem and control balances for your own gift card and loyalty programs.
Call us today at 480.282.8482 to learn more about developing a POS solution that can boost profits at your restaurant.