Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. Restaurants will continue to embrace digital on-premise, including mobile ordering and payment at the table, to streamline operations and improve the guest experience.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

Restaurant Engine

JUNE 22, 2022

A POS system helps you manage orders and take payment with ease. Many systems also help you manage inventory, track sales, pull reports, do payroll, and allow team members to clock in. Some even have marketing features such as loyalty rewards. Your new restaurant POS system is so much more than a cash register.

POS 111

POS Point of Sale Mobile Ordering Cash Management 111

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

Margin Edge

OCTOBER 3, 2023

KPIs and metrics can span countless categories, not all of which are financial, but they can help you identify revenue, spending, cash flow and others. Restaurants get their best results by measuring across multiple dimensions within a unified dashboard that presents both financial and statistical data.

Cash Management 89

Cash Management Loyalty Program Seating Inventory 89

Apicbase

FEBRUARY 29, 2024

2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. trillion), while food-at-home spending grew by 10%.

2024 52

2024 Operations 2023 Loyalty Program 52

Squirrel Systems

MAY 25, 2021

From its origins as a cash register in the late 1900s – capable of simply recording sale amounts and summing up total sales for a day; the point-of-sale (POS) system has evolved into a sophisticated restaurant management system – that does much more than simply recording transactions!

POS 52

POS Loyalty Program Cash Management Point of Sale 52

The Restaurant Times

JANUARY 18, 2023

Independent platforms, such as online ordering platforms, rewards programs, food delivery, and customer relationship management systems (CRM), should work together to offer a seamless experience. What Is An Integrated Restaurant Management System? for managing phone calls, . loyalty programs, and .

Operations 52

Operations Loyalty Program Point of Sale Online Ordering 52

BNG Point of Sale

JANUARY 19, 2021

Running a POS system for your business is a key way to speed up orders and improve customer service; this is a universal truth for both restaurants and bars alike. What Are The Benefits Of a Restaurant Management System? As a business, you still need a cash register, and every point-of-sale system will include one.

POS 98

POS Cash Management Mobile Ordering Loyalty Program 98

Open for Business

NOVEMBER 21, 2022

POS stands for point of sale, and it refers to the transactional moments when a guest orders and pays for their meal. Plenty of places continue to make do with the cash-only, pen-and-paper systems that restaurants have relied on for years. Food trucks. It shows cooks all the orders that are in. Quick service restaurants.

POS 78

POS Mobile Ordering Point of Sale Food Truck 78

BNG Point of Sale

OCTOBER 13, 2021

They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. A POS targets pinpointed messages that match customer interests, thus aiding marketing initiatives, including gift cards and loyalty programs. Cash register/drawer. Let’s review both. POS Hardware Options.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Restaurant365

NOVEMBER 26, 2019

Restaurant management software can streamline restaurant operations, helping you become more efficient and profitable. However, not all restaurant management systems are created equal — and the tools you have access to can play a large role in your success. Cloud-based management. User-friendly order management.

2020 117

2020 Management Management Mobile Ordering 117

Lavu

APRIL 8, 2020

You will see improvements for customers, front of the house, the kitchen, as well as management. From a simple ordering and point-of-sale processing, modules and software can add hospitality efficiencies, mobile/online ordering, loyalty programs, and inventory management. Menu Management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

Clover - Restaurants

MARCH 8, 2024

In order to be successful, it’s important to consider market demand, financial stability, restaurant operational efficiency, customer base, and growth projections. You can also study trends in consumer preferences to see if what you offer is increasing in demand, such as plant-based food in a location where there aren’t a lot of options.

Loyalty Program 52

Loyalty Program Small Business Point of Sale POS 52

The Restaurant Times

FEBRUARY 22, 2022

Restaurant startup developments in recent years have included a variety of food delivery alternatives, company expansion, service innovation, extended online ordering, assemble-your-meal popup businesses, and many others. . The proliferation of restaurant technology is no longer limited to internet orders.

2022 98

2022 Front of House Cash Management Online Ordering 98

Restaurant365

JULY 29, 2021

Use of automation and self-service for both in-store ordering and drive-thrus. Increased focus on restaurant loyalty programs or custom mobile apps. Strong vendor relationships can help you ensure continuity in product, better pricing, and high-quality standards for inventory. Keep close tabs on PPP and RRF spending.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

The Restaurant Times

FEBRUARY 16, 2021

From a cash flow point of view, it’s also more efficient. Contactless Wi-Fi-based Ordering. Diners might still prefer placing orders without handling physical menu cards. A wifi-enabled Contactless Dining Feature is probably the safest bet for customers to place an order on their mobile devices. QR code-based ordering.

Technology 98

Technology Mobile Ordering Online Ordering Cash Management 98

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. It enables you to manage each task efficiently. . That is why, automating restaurant operations is always fruitful.

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

Focus POS

JUNE 17, 2019

It’s a system that takes the place of a traditional cash register and provides much more than basic transaction functionality. Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. What is restaurant point of sale (POS) software?

Point of Sale 113

Point of Sale Cash Management POS Franchise 113

Harbor Touch

NOVEMBER 21, 2022

There may be special licenses or permits you will need in order to open your bar. It is important to research what type of licenses you need in order to serve alcohol in your bar. On the other hand, you may need to hire a manager and/or assistant manager to help with the day-to-day operations. Do your research.

Bar 78

Bar License Restaurant Law POS 78

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Inventory 78

The Restaurant Times

NOVEMBER 6, 2020

Let’s take a closer look at how to track data with a restaurant management system and utilize this information to increase your revenue. How to Track Data with a Restaurant Management System to Increase Restaurant Profit. Inventory Data. Inventory is one of the most crucial areas of restaurant operations.

Management 64

Management Management Cash Management Point of Sale 64

Open for Business

OCTOBER 20, 2023

Opening a restaurant is a dream for many aspiring entrepreneurs and food lovers alike, but it’s also a complex venture that requires careful planning and execution. Is there a shortage of healthy fast-food options? These observations will help carve out your own space in the local food scene. Seasonality is key.

License 78

License Email Marketing Seasonal Menu Front of House 78

The Restaurant Times

AUGUST 30, 2022

The food service industry across the world is saturated with a large number of players without much variation in terms of offerings. A restaurant POS system helps you manage everything from inventory to staff members, easing out a lot of the complexities involved in running a restaurant business.

POS 52

POS 2022 Point of Sale Mobile Ordering 52

Cheetah

AUGUST 17, 2021

In short, restaurant merchandise is one of the most effective ways to directly impact your restaurant’s cash flow and increase profit. These lead to higher engagement with your brand and ultimately, customer loyalty. Especially in face of the current restaurant staff labor crisis , staff loyalty is an important asset.

Merchandise 78

Merchandise Marketing Loyalty Program Cash Management 78

BNG Point of Sale

APRIL 22, 2020

They allow you to take and instantly transmit orders to the kitchen’s device from anywhere in the restaurant – gone forever are the days of hollering for order confirmations! All that convenience also means no more making awkward trips to the cash register during the peak hours of a busy shift.

POS 86

POS Loyalty Program Point of Sale Mobile Ordering 86

Cheetah

JUNE 25, 2021

If you haven’t already, it’s time to upgrade to a wholesale food supplier that has an easy to use app alternative and next-day delivery, freeing up your employees to do the things that really matter. This helps restaurant operators save time scheduling, effectively manage their labor costs and streamline workforce communication.

Front of House 147

Front of House Back of House Guest Recovery Hiring 147

BNG Point of Sale

DECEMBER 6, 2021

By utilizing a user-friendly POS solution, all restaurant staff can benefit from streamlined order management and customer service to ensure optimal productivity throughout the entire organization. Example: A good menu design helps customers make faster decisions on what to order.

Point of Sale 52

Point of Sale POS Cash Management Front of House 52

Lavu

MARCH 27, 2020

The words “restaurant management system” rarely cause excitement. Food is fascinating, and dining out often leads to cherished memories, but a restaurant’s transaction system does not make it into those memories. There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS).

Point of Sale 78

Point of Sale Front of House Mobile Ordering Back of House 78

Restaurant365

APRIL 16, 2021

Today, consumers want convenient and easy ways to order food from your restaurant. Luckily, that’s what an online ordering system can do for you. Statista notes that in 2020, 760 million users were using online ordering for their restaurant takeout and delivery orders, a 20% increase year-over-year.

Online Ordering 78

Online Ordering Blog Ordering Front of House 78

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important?

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Restaurant365

JUNE 9, 2021

Optimizing your BOH and FOH metrics boosts the efficiency of your labor and food spending. This part of the customer experience covers everything from online ordering to payment and getting a reservation to being waitlisted. By figuring out how the first experience went, you can set up successful loyalty and retention activities.

FOH 78

FOH BOH Front of House Back of House 78

iTab POS

NOVEMBER 8, 2018

In such circumstances, your ability to run business operations without reducing the quality of food and service can be the difference between failure and success. When you run a cash-only restaurant, you limit the payment options of your customers, which has a direct effect on your earning potential.

Cash Management 40

Cash Management Mobile Ordering POS Point of Sale 40

BNG Point of Sale

APRIL 22, 2020

They allow you to take and instantly transmit orders to the kitchen’s device from anywhere in the restaurant – gone forever are the days of hollering for order confirmations! All that convenience also means no more making awkward trips to the cash register during the peak hours of a busy shift.

POS 52

POS Loyalty Program Point of Sale Mobile Ordering 52

Next Restaurants

OCTOBER 9, 2019

If it’s time to upgrade to a modern point-of-purchase system that improves your guests’ experiences, consider these key features: Mobility Streamlined ordering Refined business workflow Customer and management metrics. Online Ordering. Streamline the Menu Order Processing. Personalized experience Enhanced outreach.

Customer Experience 61

Customer Experience POS Mobile Ordering Point of Sale 61

The Restaurant Times

DECEMBER 30, 2021

This growing consciousness among people regarding health has unlocked opportunities for entrepreneurs to venture into the space of functional food. The market size of functional food globally, valued at USD 178 billion in 2019, is projected to reach USD 268 billion by 2027, indicating a CAGR of 5.2% What Is A Functional Food Business?

Food 52

Food License Cash Management Consumer Goods 52

BNG Point of Sale

JULY 16, 2021

It is one of the most vital key performance indicators (KPIs) for any type of establishment with food – which makes sense because without this crucial information there would not be enough revenue coming in from customers each day (or week). The restaurant industry can be wild and unpredictable.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52