Remove Books Remove Inventory Remove Point of Sale
article thumbnail

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. Analyze Previous Holiday Sales Data Past sales data is invaluable when it comes to planning the upcoming season.

Inventory 164
article thumbnail

Six Strategies to Improve Restaurant Efficiency

Modern Restaurant Management

For example, you can review food-to-table delivery times, the number of bookings and diners, or itemized food and drink sales figures. Electronic point-of-sale (EPOS) terminals that send new checks straight through to the kitchen. Tablets to manage restaurant bookings for maitre d' or front-of-house staff.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Everything You Need To Know About the Increasing Role of AI in Restaurants

Modern Restaurant Management

AI Assistants : Conversational AI can assist customers in communicating with restaurant systems for booking a table, adding a guest to a waitlist, ordering meals, or even answering common questions like ‘do you have vegan food as well?’ Today, AI is accessible to everyone, and there are smaller ways to use it to your advantage.

Staffing 206
article thumbnail

Evolving Technology for Restaurant Operations

Modern Restaurant Management

Orders from online channels and delivery partners had to be manually entered into its previous Point-of-Sale (POS) system, and manually delivered to the kitchen. They also had a tremendous amount of data from disparate sources with no way to efficiently aggregate and analyze inventory, customer preferences and more.

article thumbnail

Don’t Get Burned By The IRS – Tax Tips for Restaurant Owners

Modern Restaurant Management

By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. A – Accurate Records Perform daily reconciliations of cash registers and point-of-sale machines. You should only have one set of books and it should be reconciled to the tax return.

article thumbnail

Smart POS: The Future of Point-of-Sale Systems

Lithos POS

Managing inventory, payments, customers and employees can be challenging. LithosPOS integrates with other systems such as accounting software, marketing tools, inventory management systems, CRM software, and other payment systems. It helps you to automate complex inventory operations.

article thumbnail

How to find the best Point Of Sale (POS) system for your retail business in 10 steps?

Lithos POS

It’s proven that a dynamic point-of-sale platform has become essential for running a successful business. Whether it is a retail store or restaurant, it automates POS terminals and billing counters with integrated flexible payment options , streamlined inventory management , and integrated customer loyalty programs.