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Five Ways to Use POS Data to Forecast Holiday Demand for Your Restaurant

Modern Restaurant Management

The holiday season is a huge calendar event in the restaurant industry, with bookings booming as guests look to let their hair down and enjoy a festive feast. Utilizing insights from your POS data will help you make informed decisions that predict how demand will look in the lead up to the big day.

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What Restaurateurs Need to Know about Third-Party Cybersecurity Risks

Modern Restaurant Management

POS Vendors Point-of-sale (POS) systems play an obviously foundational role in daily restaurant operations, making them a prime target for hackers looking to do damage. Once they’ve gained access, hackers inject malicious code into the POS software.

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Twenty Years of Change: How Hospitality Tech Evolved and What’s Next

Modern Restaurant Management

POS terminals were clunky, fixed to the counter, and limited to basic transactions. Unified commerce platforms are linking POS, payments, loyalty programs, and performance analytics to create seamless experiences across every guest touchpoint. Twenty years ago, hospitality looked very different.

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Best POS System Features for Special Occasion Promotions and Customer Loyalty

Lavu

Managing special occasion promotions is easier than ever with the best POS system features and integrated online ordering. Key Features to Consider in the Best POS System Promotion Management : Tools like automated scheduling to handle discounts for events like birthdays or anniversaries.

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Artificial Intelligence’s Impact on the Restaurant Industry

Modern Restaurant Management

Most compare the sales report of the previous year with the current year, but factors such as holidays, international events, weather conditions and location, affecting the sales are variable so this traditional process of sales forecasting can sometimes go wrong. Forecasting for Holidays and Events. Smart Inventory Management.

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How POS Data Tracks Seasonal Sales Trends

Lavu

POS systems do more than handle payments they utilize POS data to help restaurants analyze and manage seasonal sales trends. By leveraging POS data, restaurants can adjust inventory, staffing, and marketing strategies to maximize profits during busy periods and minimize waste during slow seasons.

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How Restaurant Operators Can Defend Against Ransomware

Modern Restaurant Management

You have stores full of patrons, and no way to collect their money because the POS system has been hijacked by ransomware. Next, the attacker scans your network and plants the ransomware malware on servers, POS systems or PCs, while at the same time stealing sensitive data such as employee records with social security numbers.