As the world gets more and more mobile, it is vital for restaurants to leverage food tech solutions that can be used no matter what the device, which is precisely why cloud restaurant POS systems come out on top. With a cloud-based POS solution, you would essentially be receiving SaaS (software-as-a-service). Web-hosted solutions such as these, store your data in remote, secure servers and offer you round-the-clock access to it.

Why Should You Choose Cloud-Based Restaurant POS?

Flexibility

Cloud-based restaurant POS systems are extremely scalable. This is because as opposed to on-premise servers, cloud servers are not prone to exhausting data storage space.  The nature of cloud-based POS systems is to offer restaurant owners the mobility they need to run their establishment from any location, even on the go.

Security

All the files are stored in the cloud that spans several servers which are located in a secure area. No matter what firm is handling your cloud services, they will usually leverage abundant redundancy layers and monitor the servers 24/7. You can ensure that your restaurant business is secure against viruses, theft, natural disasters, or even human error.

Cost-Efficiency

Typically restaurant software solution such as conventional POS system requires you to invest a high initial payment for licensing and hardware. On the other hand, cloud POS systems require a very low initial payment and a nominal monthly fee. What’s more, installing cloud POS solutions is more straightforward and requires very little support. This is because the software is designed to update automatically, saving you the hassles of operational downtime and ensuring that you always have the latest version of the software.

Compatibility

Distinct from conventional POS solutions, cloud POS solutions are highly compatible with a range of external software including software leveraged for loyalty programs, payroll, and online ordering. This type of food tech solution empowers your establishment with the chance to diversify and update its services to offer an enhanced experience to guests.

High accuracy

Human agents make errors that result in uncataloged sales, inaccurate inventory management, and so on. Using cloud-based POS allows you to eliminate the potential for human error. Once you move away from conventional POS platforms your restaurant can achieve a high level of accuracy, providing you with the data and systems you require to maximize revenue and expand growth in a fraction of the time it would ordinarily have taken.

Prior to opting for a cloud-based POS system, restaurant establishments need to review the previously made investments for their current conventional POS platform as well as the agreements that go along with it. After you have decided to transition to cloud POS solutions for your restaurant, your best bet would be to seamlessly import data intact, without corruption, and lessen operational downtime with the help of a top restaurant software solutions provider. So, it’s time to weigh the pros and cons and make the switch to cloud restaurant POS!

Currently, for those of you in the Food and Beverage business, restaurant technology and food tech solutions are no longer an option but a necessity.  Because of the inter-dependence of restaurant processes, having solutions that communicate with each other generates data, and insights from this data go a long way in ensuring that a restaurant stays competitive. It’s high time that restaurateurs re-engineer their business models and discover new streams of revenue.

Point-of-sale systems

The big kahuna of restaurant software solutions is the POS system that acts as the hub of your business. Everyone from managers to staff and owners all use and depend on its efficiency. Thanks to its user-friendly and intuitive interface staff will be able to easily make food orders entries, print receipts, and stay updated on various special instructions.

Additionally, a POS system gives restaurants a host of tools and custom features that allows them to arrive at insight-based decisions, track restaurant inventory and make forecasts for future sales.

Online ordering platforms

Including online ordering options on a restaurant’s website is by far an effortless approach to enhancing sales, particularly when it comes to slower seasons. You need to cover all your bases and offer your customers multiple ways to purchase your offerings. A bonus advantage is that after your online ordering platform takes off, you will have access to vital customer data which you can capitalize on to remarket to them and keep them coming back for more.  

Loyalty programs and incentives

Restaurants use loyalties and rewards in an effort to delight the diners, to boost the recurrence of visits and/or the quantity spent at each visit. Loyalty modules within restaurant software solutions give you the capacity to choose how you would like guests to earn rewards. Additionally, a restaurant’s dedicated app gives guests access to rewards and incentives while sending them timely notifications about discounts, exclusive offers, and so on.

Accounting software

When faced with low profitability and irregular supply costs it’s hard for restaurant owners to figure out where they stand and which are the problem areas that need to be tackled to increase profit margins.  Many people may opt for online software or old-school spreadsheets, yet if you want to get a 360-degree view of your business’s finances, accounting solutions are the way to go.

Inventory management solutions

Bringing in automation for purchasing and inventory management allows you to gauge costs of food in comparison to revenue being generated, steer clear of food wastage and unnecessary expenses and make accounting a thoroughly hassle-free experience. Restaurant solution providers can ensure that your accounting software has the capacity to integrate with your purchasing solutions to avoid the frustrating tediousness of working with two different systems.

As the realm of restaurant software continues to advance, connectivity is poised to be what drives it even further. There are dozens of restaurant software solutions and food tech solutions you could be used to raise the efficiency of your restaurant’s day-to-day activities.