Wasserstrom

MAY 15, 2024

The restaurant industry is abuzz with a concept borrowed from other sectors: dynamic pricing. This strategy involves adjusting menu prices based on factors like time of day, customer demand, and even weather. While not entirely new, technology and consumer interest are creating a potential tipping point for its widespread adoption.

Pricing 117

Pricing Blog Technology Menu 117

SpotOn

MAY 13, 2024

One-third of tipped restaurant workers report no change in their tips over the last year A majority of tipped workers still expect the standard 15% - 20% tip  Technology is providing a solution for improved guest experience and enabling tipped workers to take home more pay SAN FRANCISCO, Calif.,

Point of Sale 110

Point of Sale 2024 Customer Service Customer Experience 110

Squirrel Systems

MAY 17, 2024

Successful growth requires a strategic approach that balances revenue planning, technology integration, and effective staffing choices. Pricing Strategy : Develop a pricing strategy that reflects your value while remaining competitive. Consider introducing dynamic pricing for peak times or special events to maximize revenue.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

SpotOn

MAY 14, 2024

SpotOn is a software and payments company that’s garnered a reputation for providing powerful yet easy-to-use technology to run and grow your business. SpotOn reviewers valued the transparent pricing options that have beaten competitor rates for the overall price value. Capterra users gave SpotOn a rating of 4.3,

POS 52

POS Point of Sale Customer Service 2024 52

Clover - Restaurants

MAY 15, 2024

A barcode scanner is a piece of technology on a device that scans and reads barcodes. The scanner reads the black lines and white spaces of a barcode to store information such as product details, prices, and inventory levels. Most handheld, wireless barcode scanners, use this technology. What is a barcode scanner?

Inventory 52

Inventory White Paper Audits Waste 52

The Rail

MAY 15, 2024

Generally lower food prices than full-service restaurants. No restaurant model is perfect, but a counter service restaurant balances convenience and service efficiency while still providing a quality experience at an affordable price point. Lower labor costs with fewer servers/staff needed. More casual, relaxed dining atmosphere.

Fast Casual 52

Fast Casual Customer Service Customer Experience Fine Dining 52

ChefMod

MAY 13, 2024

This technology digitizes and automates the handling of invoices from receipt to payment, ensuring accuracy and compliance while boosting efficiency. Technologies like Optical Character Recognition (OCR) and machine learning improve over time, enhancing transaction accuracy. What is Accounts Payable Automation?

Cash Management 40

Cash Management Inventory Audits Management 40