As you already know, most restaurant owners complain about the high operating and food costs in their line of business. To address that problem, these businessmen and women make use of point of sale (POS) systems to monitor inventory, process payments, and analyze their daily sales. Want to know the best options out there right now? See our list of 7 Best POS Systems For Restaurants:
1. TouchBistro:
TouchBistro is a brilliant POS system that offers customizable options with lots of capabilities for owners.
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To use, only an iPad is required and it comes with software that takes care of inventory management. It is also home to a decent customer support center that answers all your questions. It is surely one of the best choices for all kinds of restaurants.
2. Square:
This is a free solution that helps you oversee your restaurant and it aids simple ordering. This free POS system provides integrated payment processing plus it can be used on unlimited devices.
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Its free plan offers table and menu management, an order manager, and an auto gratuity feature, but you won’t have access to vital tools like live reporting.
3. Upserve:
With this POS device, owners can optimize their dine-in menu, oversee their marketing, and train workers, all from this system.
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It is filled with amazing options including a training mode. It also takes care of credit card processing, sales, and product analytics.
4. Light speed:
This POS company delivers order flexibility and low-priced add-ons for delivery and loyalty programs. This brand has been around for a while and users will be able to set various prices and tax rates for carry-out and delivery. It is also home to a map feature to see delivery addresses and it provides 2 screen views and methods of processing orders.
5. Clover:
Still on the topic of best POS systems For restaurants. This brand simply provides space-saving POS equipment that will suit your restaurant on the go. With it, you just have to part with some cash for the hardware that includes a held-held device with a 5-inch touchscreen, built-in receipt printer, camera, and barcode scanner. It comes with a battery too.
6. Revel:
This brand has been a top choice for restaurants since 2010 and the software delivers bar-specific features that will take good care of your business.
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Features include inventory management, unlimited users, employee management, customer relationship management, reporting, and analytics.
7. Toast:
This is a brilliant POS system that comes with an available feature-rich loyalty program. Its essential plan comes with online delivery and ordering plus a Toast takeout app. Owners will also receive a gift card, marketing, and loyalty programs if they subscribe to the Growth plan. Its customizable, point-based loyalty program provides simple check-out opt-in, and accounts are connected to the restaurant’s guests’ credit cards.
More Information On POS System:
The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed.
At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically.
Some point of sale vendors refer to their POS system as “retail management system” which is actually a more appropriate term given that this software is no longer just about processing sales but comes with many other capabilities such as inventory management.
membership system, supplier record, book keeping, issuing of purchase orders, quotations and stock transfers, hide barcode label creation, sale reporting and in some cases remote outlets networking or linkage, to name some major ones.
The basic, fundamental definition of a POS System, is a system which allows the processing and recording of transactions between a company and their consumers, at the time in which goods and/or services are purchased.
There you have it – a comprehensive list of 6 of the best POS systems for restaurants. If you have any personal favorite or other recommendations, feel free to drop them in the comment section below.