Most Commonly Asked Questions about Restaurant POS system
Point of Sale or POS system allow businesses to conduct and manage transactions. Their most basic function allows businesses such as retailers, restaurants, bars, and quick service venues to conduct sales transactions. The best restaurant POS system come with all-inclusive features that allow these businesses to record transactions, manage staff and scheduling, track inventory, analyze sales trends, and more. To get started, let’s look a look at the most frequently asked questions about best or free restaurant POS system.
1. How does POS system work?
A point of sale system generally includes a server with one or more terminals depending on the size of the business. The system can include a keyboard for entering financial information, cash drawer, credit card or debit card swiper, pin pad, and receipt printer. Some incorporate the use of smartphone or tablet devices to scan barcodes and swipe cards remotely with wireless technology.
2. What types of POS System are there?
In general, there are 4 types of POS systems. Some POS services offer all 4, while others may only have one or two available.
Tablet POS systems utilize tablet devices like iPads or Google Pixels. Tablet POS systems are popular for large and complex retailers and often include additional features aside from just being a payment system. They can also be used to take orders in a restaurant, keep track of inventory, manage employee schedules, and more.
Mobile POS systems are best for on the go retailers such as service repair-people, locksmiths, food trucks, and more. They usually offer fewer features than tablet POS systems, but will likely come complete with a receipt printer and credit card swiper.
Terminal POS systems are much larger pieces of hardware, often built into the check out section of a large retailer. They are able to complete the entire payment process and may offer additional features such as inventory management that will automatically deduct an item from inventory once it has been purchased.
Think of the self-checkout line at your supermarket and how much time it saves you. That's the essence of a self-service POS system. It is usually not integrated with a tablet or mobile POS and is designed to be simple and easy to use.
3. What other features does POS system offer?
In addition to processing and recording sales, POS system often come with extended features to help manage your business. Here is a sample of some of the other helpful features that POS system may include:
- Inventory management
- Customer facing display
- Digital menu
- Quickbooks integration
- Employee management
- Delivery management
- Gift cards
- Social media integration
4. What kind of businesses use POS system?
POS system is typically used by restaurants, retailers, bars, and quick service venues like food trucks or retail stands. No matter what business you are in, you can be certain to find a POS plan that adapts to the size of your business.
Retailers can benefit from POS system to manage inventory and assess business trends using analytics. POS system also suits the needs of restaurants and bars by providing a fast way to send orders to a specific printer or staff member so you can run your business more efficiently.
POS system may also come with table mapping to help manage seating in a restaurant. Some solutions may include modified buttons to help restaurants and bars include customized food and beverage orders according to requests of customers.