It isn’t stretching the truth to say that the point of sale (POS) system you choose for your restaurant is just as important as the quality of your food or the excellence of your customer service. Much more than just a cash register, your POS solution should serve as your employee manager, inventory monitor, and customer relationships master. With this in mind, it’s crucial to avoid four costly errors when you are picking the right POS solution for your eatery.
1. Choosing a POS system designed for retail.
Store owners tend to opt for a POS solution optimized for a speedy checkout that works seamlessly with a barcode scanner. However, eating establishments need a solution that can take orders from tablets and send them to the bar or kitchen. In the bar and restaurant sector, payments are not processed right away; tabs can remain open for an hour or more. Many establishments also want a POS system that is mobile so that it can be brought right to the table. Therefore, when you are on the market for payment processing for restaurants, look for specialized types of restaurant POS systems.
2. Failing to recognize hidden costs.
When switching POS providers, your biggest job is to carefully peruse every aspect of each option, including less obvious costs. Some of these include making you pay for setup, hardware, maintenance, training, and payment processing. Without concentrating solely on the cheapest choice, devote your focus to finding the one that meets your needs most cost-effectively.
3. Agreeing to a long-term contract.
The restaurant business is constantly changing, so why would you want to commit yourself to a protracted relationship with a POS provider? Unless you know the software and hardware well, it’s a far better idea to purchase a system on a monthly subscription basis. That way, you can scale up or down according to your needs and can terminate your relationship if necessary without any hassle.
4. Forgetting about other important aspects.
Even a restaurant-based POS solution can let you down if you fail to take behind-the-scenes elements into consideration. For instance, you want a solution that seamlessly integrates with your existing payroll and accounting programs so that bookkeeping can proceed smoothly and accurately using the third-party software that you already have. Additionally, 24/7 customer support is a must in this fast-moving industry that does not operate solely during normal business hours. If your system breaks down, you need to know that your POS provider has your back and will be there to help get you up and running as quickly as possible.
The marketplace is brimming with various types of restaurant POS systems, so don’t be surprised if it takes some time and careful research before you find the best one for your needs. If you can avoid the common pitfalls we have discussed, your chances of finding the right payment processing and business management POS for your restaurant business will increase exponentially.
