Eight Reasons to Switch to a Proficient Point-of-Sale System

1. Eight Reasons to Switch to a Proficient Point-of-Sale System POS system is an automated software which allows the restaurant cashiers to conduct the financial transaction, tally the costs, and input the products. This system is certainly the development over the old-fashioned method of selling and cash register. You can easily know about your daily sales, create order lists, track inventory and know every minute details about your business in real-time with advanced POS systems. ​Best restaurant POS system is capable of identifying your less successful menu and struggling sales staff. This will enable you to arrange training for them which will help you in getting the desired results. Here are some of the most well-defined reasons that why you should switch to an advanced POS system for your restaurant. 1. Sales History: ​An efficient POS system allows to inspect past transactions. This enables you to recognize the menu that tops the demand list and the cuisine that is struggling to be in the business. This helps in making the inventory management effortless. 2. Inventory Management: ​Generally, inventory management is an expensive, time-consuming and the worst nightmare for most of the restaurant owners. Your cuisines might be having multiple varieties, colors, ingredients requirement, and prices. To have detailed knowledge of the availability of every ingredient in the stock, you are in need of a real-time sales and purchase order reports. Some of these POS systems are capable of sending the purchase order once the ingredient level touches the minimum point. www.waiterio.com

2. 3. Real-time Sales Report: ​An efficient POS system allows you to access the real-time sales report even when you are not physically present in your restaurant. This precise report facilitates you with sales attributed to every staff, revenue generation, overall sales, and other specifications. You can also customize these real-time reports as per your convenience and needs. This will allow you to carry out the essential modifications to achieve the desired results. 4. Saving Money and Time: ​If you compare the traditional manual cash registers and today’s POS systems, you will come to know that POS software is way better than the outdated registers. From making a card transaction to reading the barcode, it will help you to save the time of your employees and customers. You can also add other devices with these POS systems to make the sale speedier. These can be barcode scanners, receipt or invoice printers, electronic cash drawers, and credit or debit card readers. Now, you do not have to follow the outdated method of summing it up or writing it on a paper. 5. Accounting and Sales Tax made Easy: ​POS system can almost do everything for your restaurant, from calculating the total sales of your restaurant to computing the due sales tax. Generally, POS software also helps you with accounts payable and receivable, general ledger, integrated accounting modules, and other essential accounting features. 6. Financial Control: ​POS software allows you to avert the possibility of giving service on credit completely. If not then it enables you to use the precise method to administer it. It will notify you the due date and the complete details of who owes you and how much. This will also help you in managing interest rates and installment plans which will allow you to explore new business possibilities. POS tool will also avoid the chances of cash shortage or breakages because everything will be accounted for accounts payable and receivable. 7. ERP and Management Systems Connectivity: ​You can link your restaurant POS system with the back-office server and other terminals. This will allow you to manage everything by plugging in the ERP system. POS tool will help you to administer accounts payable and receivable, inventory, orders, and sales reports. 8. Mobility: ​A competent POS software will make you forget the situation of your clients standing annoyedly waiting for their turn and cashiers filling the details of their order manually. This up-to-date tool will make your work faster and faultless. www.waiterio.com

3. You can also use them as handheld and mobile devices according to your usage and comfort. This will abolish the need of your customers standing in the queue to make the payment. With all of these functionalities and effectiveness, it is evident that an efficient ​restaurant order taking app ​with exclusive features allow your business to flourish. There is plenty of POS software available in the market; you just have to pick the most suited one. For more details regarding the POS system or to get one, get in touch with Waiterio. www.waiterio.com