Good news for restaurant owners, according to the US Census Bureau Data, more Americans are eating out than cooking at home. Now, with the influx of diners your restaurant needs a reliable POS system that is fast and secure, but with over 30 POS solutions and endless restaurant management features what is the best option for your business? We have comprised a list of top POS systems, based on features that will optimize important aspects of restaurant operations.
TouchBistro has earned the coveted spot of #1 POS system, and for good reasons. For starters, TouchBistro is one the most popular and used iPad-based POS systems. It was designed by restaurant owners, with restaurant owners in mind. It caters to quick service and full service restaurants. The iPad-based POS system allows staff to better manage orders and accept payments at tableside, thus increasing service efficiency. TouchBistro assists in staff scheduling and management, such as section assignment and hourly wage calculations. The comprehensive customization tool is set for security control, menu management, floorplan and other cashier workflows.
2. Toast POS
Similar to TouchBistro, Toast POS software caters to both quick service and full service restaurants. However, Toast POS is one of the few end-to-end restaurant management systems that provide an Android-based POS system. The user based Toast community enables business owners to share advice and request insight tips. Several unique functions include: staff performance tracking, menu customization, kiosk system, product mix reports, auto-synced menu updates and real time insights, such as low ingredient-level alerts.
3. Lightspeed Restaurant
Just as the name implies, Lightspeed Restaurant is a fast and reliable POS system with simplified features that streamline the restaurant operation process. For example, the menu creation process is made easy with complimentary image uploads of products and customizable product descriptions. The cloud-based system assists management with inventory, performance monitoring and sales trends. What’s unique about a cloud-based system is that the data stored can be organized and accessed from any device. Overall, Lightspeed Restaurant is a great POS system option for first time restaurant owners.
The right POS system for your business will ultimately streamline and organize key aspects of restaurant operation. POS systems and business software are essential to running a successful restaurant, but can be costly to maintain. Overtime, the financial strain of unexpected equipment repairs, inventory shrinkage, permits and other miscellaneous costs add up. With a merchant cash advance from Principis Capital you won’t have to compromise between a top of the line POS system and necessary kitchen repairs. Most of our restaurants receive a pre-qualification from us within 24 hours of submitting the 1-page application, and actually receive the money in their business bank account within 7 days. Learn how our cash advance underwriting process works!