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Point Of Sale Software for Small Business to Thrive in 2022 & Beyond

Lithos POS

Here is why you need to rely on technology such as point of sale software (POS). An ideal point of sale software for small businesses can automate all your business operations. How does a point of sale software work at a small business? How does a point of sale software work at a small business?

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Best Practices to Prevent Theft in Your Restaurant

Modern Restaurant Management

Implement a Point of Sale System. Simply put, a point of sale is where you ring up customers for the product they purchased. A point-of-sale system is the hardware and software that enables your business to make those sales.

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How to Consolidate Your Gift Card Program to Promote Cross-Brand Loyalty

Modern Restaurant Management

If customers are able to tie their gift card purchase to their loyalty account where they earn points per every dollar spent, there is even more incentive to spend over the gift card value. Taking a seasonal approach with a gift card program is another way to incentivize customers to purchase. Develop a Seasonal Strategy.

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Restaurant Payments Go from Cash to Credit to Contactless – to Cryptocurrency 

Modern Restaurant Management

It would be like earning loyalty points at Dunkin’ Donuts and redeeming them at Arby’s. Further, restauranters who fully embrace crypto rewards offer a unique and easy way customers can receive loyalty points directly at the point-of-sale. This simple system is just the start of the future of crypto.

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Optimizing Drive-Thru Efficiency (Infographic)

Modern Restaurant Management

While card transactions are generally quicker than cash, not all customers use plastic for purchases. To expedite cash transactions, opt for a Point of Sale (POS) system with a fast-tender feature, predicting the amount of cash the customer might pay. Automatic windows save time and facilitate easier food delivery to customers.

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How Embedded Payment Processing is Shaking Up the Travel Experience

Hospitality Net

Hotels have embraced the value of integrated payment processing, which allows merchants to integrate their capabilities into a hotel’s point-of-sale systems, but this still necessitates a digital “handshake” between service providers to process a simple payment.

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Blurring the Lines Between QSR and Retail

Modern Restaurant Management

The pandemic massively accelerated the widespread adoption of a variety of paths to purchase, including buy-online-pick-up-in-store (BOPIS), delivery and app-based ordering. The first job of retail and QSR associates is to help customers and eliminate friction along the path to purchase. Now, it’s the same with QSRs.