Remove Point of Sale Remove Purchasing Remove Restaurant Manager
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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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Mitigating the Impact of Rising Interchange Fees

Modern Restaurant Management

consumers, 33 percent of these consumers used a credit card for their most recent restaurant food purchase. Partnering with a payment processing company that delivers services designed to inject efficiency into operations is another way restaurants can reduce their costs. According to a PYMNTS survey of 3,250 U.S.

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Customer Intelligence Is Key to Revolutionizing Restaurants Inside and Out

Modern Restaurant Management

Typically, customer data is collected by the point of sale platform and website, along with other online properties, apps, and third-party platforms. This raw data is often difficult to understand and even harder to act on, but when it can be combined into actionable insights, restaurants have a 360-degree view of their operations.

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The Evolution of Restaurant Technology: What’s Next?

Modern Restaurant Management

Roy Phillips (RP) : 20 years ago it was all about the point of sale (POS). There were a couple restaurant management software companies out there, but it was just inventory and budgets. It’s now at a point where you can rapidly predict what's going to happen. It wasn't all that great, to be honest.

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MRM Research Roundup: Holiday Spending, Franchise Optimism, and Pickle Energy

Modern Restaurant Management

This final edition of Modern Restaurant Management (MRM) magazine's Research Roundup for 2024 features news of operator challenges and priorities, delivery trends, wages and hourly worker considerations. Online retail sales grew 6.7 percent year-over-year, whereas in-store sales increased 2.9

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

. “As we continue to expand our multi-channel strategy, we know customers, particularly independent restaurants, increasingly use cash and carry as a convenient, cost-effective purchasing option,” said US Foods chairman and CEO Pietro Satriano. reducing to approximately 3.0x by the end of fiscal 2021.

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MRM Research Roundup: Coronavirus Stats and More

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. Point-of-Sale Terminals Market to Grow 2X on Back of Heightened Demand for Cashless Payments.