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10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

If the past few years have taught us anything, it's that restaurant technology is no longer a nice-to-have. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Use order information with inventory management software for smarter purchasing. TouchBistro.

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Protect Your Restaurants from Invoice Fraud through Technology

Modern Restaurant Management

Secondly, cybercriminals tend to be technologically savvy, able to penetrate this vulnerability, to scale-up the speed, volume and sophistication of their attacks. So what are some of the benefits of AP automation, and how can using this technology protect restaurants from fraud?

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Cost Cutting Ideas for Restaurants: Increase Restaurant Efficiency & Reduce Costs With These New Technologies

7 Shifts

Now is the time when your restaurant can experiment with and implement new technologies to help reduce costs, improve margins, and stay safe during COVID-19. With features like automated scheduling, time tracking, and analytics reporting, labor management software can help your restaurant reduce its labor costs.

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Compare: Digital Tip Payouts vs. Cash Tip Payouts in Restaurants

7 Shifts

The hospitality industry is becoming digital in every sense. Restaurant transactions have been moving away from cash and towards electronic forms of payment for years—and that's extending to tips now too. Americans who leave their tips digitally tip nearly 15% more than when they tip with cash. According to Forbes , yes.

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Strategies for Financial Stability and Efficiency in Restaurant Supply Chains

Modern Restaurant Management

Strategic Alignment Restaurant management businesses must deal with rapidly evolving markets, higher costs, supply chain shifts and delays, defensive business structures, higher interest rates and growing costs of borrowing. Modernizing sourcing technology.

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Restaurant REIT: Strategic Real Estate Solutions for the Hospitality Industry

Aaron Allen & Associates

In an era where capital efficiency and strategic growth have never been more crucial, Real Estate Investment Trusts (REITs) emerge as pivotal players in transforming the real estate landscape of the hospitality industry. The growth is financed without giving up equity or taking cash off the balance sheet.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

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