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How A Pub Or Bar Benefit From A Good POS System
by Annet Jakson
Posted: Feb 08, 2016
Posted: Feb 08, 2016
If the scenario is such that your business is located in an area that has numerous numbers of bars/pubs that have a various offering to attract and lure customers, then running a bar or pub successfully in a highly competitive area is a herculean task. For smooth functioning of a bar, a business owner has to keep a tab on the inventory to ensure that there is enough stock to meet the demands of the customers, there are no payment queues and also last but not the least the bar owners need to know whether the accounts are well-maintained and if they tally. Integrating a good Point of Sale (POS) system with the current process of your bar or pub business will help in the seamless functioning of a bar/pub business. Here are the pointers that will be a guideline to why installing a POS System should be considered as an investment.Makes inventory management easy and creates transparency- Gaining access to inventory would be easier at any point of time for a bar manager and owner. They will able to get a bird's eye view of how many items have been sold in a day, week or month. The turnover of a during a particular shift will also be reflected. Implementing a POS will help to optimize the inventory of a pub/bar. Reduced theft and wastage- A good POS system reduces the risk of running a bar/pub. There are features to track inventory, product costs and cash register audits. A bar owner or manager can quickly access details such as how many bottles of liquor have been sold and how many are remaining. Similarly, the inventory of the other items can be accessed at any time anywhere quickly. Advance auditing capabilities allow the managers to keep an eye on the cash register. Increased accountability- There are certain good POS systems to which the pour spout can be connected to. Each time a drink is rung in, it gets deleted from the inventory the bar keeps. Similarly, all the special, as well as mixed drinks, can be made accountable for by making an entry of the recipe in the POS system. Therefore, each time a mixed or special drink is called for, the items and the amounts of it that were required for make that particular drink gets deleted. The bartender or the manager will know at a glance total amount of items used up and what is remaining. At the same time if the drink is made without there being an order, which will also be recorded in the system. This will increase the accountability of the bartenders. Optimized employee monitoring- Employee performance report is also one of the features. A good POS software will allow the owner to monitor the employee performance reports and also the cost of maintaining each employee. This will help the owner to forecast how many people are required during the peak hours and lean hours. This is one of the ways to tackle overstaffing in a bar. #POS systems also allow the employees to clock in their check in and check out time at the beginning and end of each shift. Improved customer service and Integrated Payment Processing- There will an increase in the accuracy of the orders placed if POS system is installed in a bar. An organized and intuitive screen will allow the waiting staff to place the orders accurately that in turn will be received by the bartenders. Similarly, at the time of payment, if the bar honors coupons or similar promotions it can be processed at the checkout time. The mobile POS system will allow the customers to swipe their cards at their table rather than at the checkout counter. If you are a bar or pub owner, it’s time to take charge of the way you run your business. Leveraging the prowess of a good POS system will help you run the business smoothly and successfully.
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