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Restaurant Pos Software & System\Maram F&B

Author: Maram Fnb
by Maram Fnb
Posted: Mar 07, 2020

Maram F&B Restaurant POS Software stands for Point of Sale, a system that is used throughout the restaurant and retail industry. This computerized system allows business owners to track cash flow, food inventory and can help simplify your bookkeeping enormously.

Why Maram F&B Restaurant POS Software Good for a Restaurants??

The high volume of cash and credit cards that pass through a restaurant each day make a Restaurant POS Software a necessity. Not only does Software track every penny of your sales, many Restaurant POS Software programs also act as credit card processors. This makes swiping credit cards more secure for both the customer and the business also. Servers are accountable for all their sales, and it is impossible to alter checks in the computer unless you have the password. This helps cut down on employee theft.

Benefits of Maram F&B Software?

One benefit of a POS software is that it simplifies communications between the kitchen and the wait staff. Orders go through the computer, directly to the KOT. Another benefit of a restaurant POS program is that it can track everything from food usage to the most popular menu items. Because the Maram POS Software acts as a time clock, it can also help prepare payroll. This can save you a lot of money in your Accounting department. Along with the daily operations of running a restaurant, a POS Software can organize profit and loss statement and sales tax.

What Is a Maram F&B Point of Sale (POS) System?

Operating a retail store calls for a range of administrative, management and marketing skills. From ensuring that there’s enough inventory to put together monthly sales reports, these skills are necessary for ensuring that your store runs smoothly.

Having an efficient point of sale (POS) Software can go a long way in making sure that all your operations are running smoothly. In this article, we speak to two industry experts who’ll share tips on what you must have in a POS and how to choose the best option for your retail store or restaurant.

Every POS Software comprises of software and hardware components that make running the daily operations of your business easier and faster. It’s important to understand what Restaurant POS software options there are and what each has to offer.

"Flexibility is key. Ensure your POS vendor works with the payment processor of your choice so that you can control the cost. If you’re already using applications important to your business, make sure the POS can integrate with them seamlessly, so that you can continue using them."

Hardware Components of Maram F&B Restaurant POS Software

These are the common physical components required to get your POS up and running.

Monitor/tablet: Displays the product database and enables other functions, such as employee clock-in and viewing sales reports. Tablets—especially iPads—are popular for replacing bulkier monitors.

Barcode scanner: Automates the checkout process. Scanning barcodes pull product info and add it to the checkout total. Barcode scanners can also integrate with inventory management systems to automatically adjust stock levels.

Cash rawer: It may fade away in years to come, but cash is still king. Until then, you’ll need a secure place to store cash for transactions. Another benefit of cash: there are no associated credit card fees.

Key Features of a Maram F&B POS Software: What to Look for When Buying

Many tasks in a retail store can be overly tedious and resource exhaustive. With the right POS system, retailers have the ability to simplify crucial daily business operations with greater proficiency.

"Modern POS Software does more than just offer flexibility when processing daily transactions," says Grullon. "They improve a merchant’s chances of success by providing them with tools to streamline business processes."

Our analysis with Maram F&B POS software buyers identified key features that retailers and restaurants look for in selecting a POS system:

Sales Reporting: On the surface, most Restaurant POS Software enables you to look at your sales. The difference lies in how those numbers are presented, the ease at which data can be accessed and how much detail you get.

Your Restaurant POS Software should ideally be able to:

  • Generate detailed sales reports (based on the product, hour, employee, total cost of items sold, total retail amount, net profit, profit percentage, gross margin)
  • Provide quick snapshots and charts on your store’s sales performance

Inventory Management: One of the most important functions of a Restaurant POS system, inventory management, at its very essence, keeps track of all products so you know when it’s time to order/or not order specific products.

Your Restaurant POS Software should enable you to:

  • Scan and count products digitally
  • Manage your stock by creating product variations (size, color)
  • Identify pieces of inventory with a unique serial number
  • Track inventory levels across multiple locations
  • Enable seamless ordering such as automatically setting custom reorders of best-sellers
  • Consolidating purchases and orders in one order

Customer Management: Building strong relationships with your customers will lead to repeat business. A POS should have a customer relationship management (CRM) to track all customer data.

Your Restaurant POS Software should give you the ability to:

  • Attach a sale/transaction to a customer
  • Keep track of your customers’ purchase history
  • Capture customer information such as name, age, birthday, phone number and email address
  • Use email marketing to keep in touch with them
  • More advanced systems will have a built-in loyalty program

Employee Reporting and Management: The performance of your employees can make or break the success of your store. Having the ability to set sales targets as well as know who your top performers are and who requires extra coaching will help increase sales.

Your Restaurant POS Software should give you the ability to:

  • Add employees to your system
  • Create and modify schedules for employees based on forecast activity
  • Email schedules to employees
  • Track employees’ hours weekly and overtime
  • Analyze who your top performers are
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Author: Maram Fnb

Maram Fnb

Member since: Dec 21, 2019
Published articles: 2

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