Is a POS system a worthwhile investment for your food and beverage business?

“Do I really need a POS system for my food and beverage business?” “Can I just use a cash register and save some money on getting a POS system?”

These are common questions backed by the reasons for reducing set-up costs. However, if you take a look at most F&B stalls, hawker stalls aside, POS systems are a common sight. 

Why so? Read on to find out!

POS systems keep track of sales

Cash registers do provide simple X and Z reports for daily sales tracking. However, these reports only serve its accounting purpose as it is almost impossible to drill down into your data to perform meaningful analytics.

As we know, data analytics plays a huge role in business success. With POS systems, not only are you able to keep track of your daily sales, you will be able to identify your best sellers, peak hours, view profit and loss reports and much more.

Traditionally, these reports are only available to you on your POS system. In this day and age, cloud POS systems like MEGAPOS provide you with comprehensive reports that covers almost every aspect of your food and beverage business through an online portal. This improves your connectivity to your food and beverage business and puts your business data at your fingertips.

POS systems handle your orders

Food and beverage operations require your front and back of house staff to work together seamlessly to ensure fast service time and fast table turnovers. Without a POS system, your service staff will have to make multiple trips in and out of the kitchen to deliver the order docket. When changes to an order are made, these changes are not reflected instantly in the kitchen, resulting in food wastage.

With a POS system, orders entered are sent instantly to the respective kitchen section’s printers. Changes to orders are also instantly sent to the respective kitchen section’s printers in a timely fashion.

With such automation, your front and back of house staff will be able to work together efficiently.

POS systems help you manage your tables

If your food and beverage business offers dine in, this is an important feature to have. With a POS system, your staff will be able to view table occupancy at a glance, which helps them allocate tables to waiting customers, faster.

Furthermore, with a POS system’s table management, orders are systematically grouped to each table allowing your staff to simply tap one a table number to bill. This speeds up the billing process and ensures that orders are accurate.

POS systems are a prerequisite for adding digital self ordering solutions

Self ordering solutions such as QR ordering and self ordering kiosks are popular among food and beverage businesses. This can be attributed to the cost savings and increased average bill sizes these solutions bring through reducing manpower dependency on order taking staff and automated add on suggestions.

In order to enjoy the benefits that self ordering solutions bring to your food and beverage business, a capable POS system that is able to seamlessly integrate to such self ordering systems and centralize your order management is a must. This is to avoid confusion in your operations due to mismanaged orders from multiple ordering channels.

POS systems serve as a base to add on productivity boosting solutions

Similar to self ordering systems, productivity boosting solutions such as tablet kitchen display solutions, TV numbering systems, iPad ordering systems, etc., require a POS system as a the central order management system.

Actually, POS systems are not that expensive

Interested in getting a POS system for your food and beverage business but worried about the cost involved? To your surprise, it is not expensive. MEGAPOS, a cloud based POS system equipped with the capability to tackle challenges of today’s digital F&B scene, is supported by government grants!

Drop MEGAPOS your contact details below and we will be in touch with you to arrange a free demo!