Although most business owners can see how electronic POS (Point-of-Sale) systems can benefit a shop or other retail premises, proprietors and managers of pubs, restaurants and clubs may often be baffled as to how POS technology might benefit their establishment. After all, drinks and meals don’t have bar codes and with customers still choosing to use cash for their beer, how can POS help? If you’re keen to increase your turnover, reduce waste and ensure accurate stock control and financial management, then find out below how a bar POS system could transform your operations.
Keep Track of Stock Levels
Particularly when it comes to serving drinks, accurate monitoring of how much alcohol has been bought compared with how much stock is remaining can be a challenge. Inaccurate measuring, spillage or other errors can all result in costly disparities between the amount of liquor which has been dispensed and the level of takings. A POS system records what was sold by whom and when. This enables you to easily see if stock levels are commensurate with sales and if anomalies become apparent, who might be in the best position to explain them. POS records make it easy to see which dishes or drinks are best sellers and which are less popular, making reordering supplies wonderfully straightforward.
Make life easier for staff
The hospitality environment is often a busy one, with the need to process orders quickly and efficiently of paramount importance; as employees are able to automatically generate correct totals swiftly without the need for mental math, an electronic POS results in more accurate and speedier transactions. In addition, it’s possible to easily see from the bar POS system’s data, which staff are working hardest and should be rewarded, as well as identify who may require further training in order to fulfill their roles appropriately.
Customers benefit too
The widespread use of cashless payment methods means many people will simply go elsewhere if they can’t use a card to pick up their bar tab. In addition to the many benefits which a bar POS system brings to a business, being able to pay electronically for their purchases encourages customers to return. Electronic billing is both prompt and accurate; enabling drinkers or diners to be clear on cost and quickly check if what they ordered is what they’ve received.
Providing a secure way of managing and storing data as well as having numerous advantages for customers and employees, bar POS systems are rapidly becoming an integral part of any successful hospitality business. If you are considering a POS system as a way of enhancing profits and customer satisfaction, the POS Super Store stocks a wide range of systems and has plenty of useful advice and information on offer to assist in your decision-making process.