How Centralized POS System Benefits Your Food Chain Franchise Management?

The centralized POS system has brought a transformation in the Food chain industry. Earlier all the financial details were maintained in a cash register but gradually has given place to the POS management solution. The data collected by centralized POS system platforms help people in the Food chain industry provide an experience to more personalized customers.

This helps get more attention from the customers and provides more convenience to them, maintaining consistency in food chains like restaurants, coffee shops, ice cream parlors, QSR, pizza stores etc.

One should also look for a solution that can streamline the hustle of the central kitchen like procurement, manufacturing, and supply of material to outlets.

Let us discuss how implementing a centralized POS management solution can help them.

Benefits of a standard POS

Having one POS platform across helps the Food chain industry attract more customers in person, create a more excellent economy, and provide personalized experiences more consistently. In addition, many franchisees have the privilege of selecting a POS system of their own which helps to reduce the workload of the individual franchisees and expands their numbers.

Many franchisee owners are reluctant to implement a POS system as it takes time to get implemented and is costly. In addition, the operators working with these POS solutions often require time-consuming training and mostly feel like trouble for those who work with multiple brands and restaurants.

Having a centralized point of sale solution is thus an excellent tool for building brand consistency. Few benefits of using a centralized POS system are as follow:

  1. Standardization of business processes across business
  2. Better analytics of trends (Sales, Purchase, Expenses etc)
  3. Better control on food cost
  4. Quick communication with all stake holders like franchise owners, suppliers etc.
  5. Efficiency & transparency of operations improve drastically

Creating Centralised Strategies

When you integrate the POS along with order management, PMS, eCommerce, mobility, and loyalty, which helps the owners to create an experience for the customers that is seamless, this also helps the hotels keep consistent menus, pricing, and experience for customers from wherever they order or book. It can be an online booking or in person. For the POS to be successful, it is essential to select a platform with solid API support and does not require any sophisticated technology to be installed in each store.

Customised Offers

It is essential for a POS platform that is single and digital to be customized as per the customers’ requirements. The digital channel should take into account recommendations based on the likes and dislikes of the customers and create offers accordingly. To track the loyal customers’ preferences and habits, a digital POS platform integrates data collected by social media, CRM, and platforms managing loyalty to the hospitality industry. This helps them get a fair idea about guests’ preferences, such as their food preferences and more.

Technology-driven sensors like beacons and geofencing enable the Food chain industry to offer in-person marketing and promotions targeted towards customers present on the site and in the diners. The POS system can also help analyse the customers’ choices and preferences and plan their strategies for sale accordingly. As a result, the prevailing trends can be examined, and sales can be managed in coordination.

Time-Saving

 Having a centralized POS system, payments become very easy as the customers don’t have to stand in the line and get frustrated. Mobile payments make it very easy for the customers and also convenient and happy. The staff gets to spend some quality time with them and also serve them better.

Creating self-service options and NFC payment methodology helps the customers get a smooth experience all through the properties. With the increase in technology, tablets also bring in more loyalty and ease while placing an order both at the restaurants and at the pool.

Seamless and Fluid Options

POS Digital platforms are strengthened by integration. POS can serve customer service ecosystems, being their center of performance with plug-and-play connections and APIs. This is like having a third-party platform connection like uber, a great ride-sharing service provider, and online food delivery applications like Zomato and Swiggy.

This is also an excessive way to check the food wasted by linking the sensors to the kitchen.

Better Revenues

A POS system eventually reduces the operational costs for a business. This helps save money and redistribute it to other departments of your business, such as marketing and sales. POS systems also incorporate different features such as consignments, rentals, repairs, and more. This helps in increasing your sales volume, thereby increasing the overall revenue of the business. Multiple services on offer will eventually create additional revenue pipelines for your business.

Advanced Reporting

Manual reports take time to compile, generate and organize. It turns out to be a tedious task to look for specific data in those reports. With a POS system in place, you can have automatic report creation ability to have a bird’s eye view of your business.

Be Prepared

Point of sale is digitally transforming, and the best is yet to come. When virtual and augmented reality functionality is added, it will enable marketing in new and exciting ways. For example, customers will be able to view different forms of promotional offers. You never know how the technology will take POS systems to a different level enabling the Food chain industry to give better and new service variants.

There is also a possibility that the POS systems will go beyond mobile payments and help the franchisee to better manage in a more synchronized manner.

A centralized POS system is essential for a Restaurant Franchise Management service provider to ensure easy payments and better services. The Foodchain industry has the power to level up their customer experiences, maintaining healthy customer relationships, and capture hearts and loyalty for them to come again and again.

Now it’s time to find out if your present software is providing the above-mentioned benefits or not. Are you meeting your sales goals? What are you doing for improving your business operations? If you’re not doing anything yet, it’s time you get a business intelligence software that integrates with your franchise Management software solution and gives you real-time efficiency and insights into your business growth.

How to Choose the Point Of Sale System for Your Business?

A point of sale system (POS) is not just some high tech cash register. It is a lot more than just a gadget that takes credit cards and records sales data. It can also gather data on inventory management, sales, customers, employees, and a lot more.

Every new generation of POS comes with new and improved features that make it the central hub of any retail business. Here we will elaborate on how to choose the best possible POS system for your business. That way, you can manage your business more efficiently. 

Make your business needs a priority

A POS system may be perfect for a small store, but won’t necessarily be an excellent fit for a studio of a dozen of hairdressers. A growing business or a startup might want to choose a system that can scale along with their growth. That way, they won’t need to change their transaction process when they hit high numbers.

In most cases, small businesses can rely on tablet or iPad based POS systems. This type of system is easy to use and portable. Also, it offers a ton of security features and operates in the cloud.

On the other hand, mid to large-sized businesses can’t rely much on this type of system and will have a difficult time managing their transactions.

That is why it is super-important to research the POS systems. Make sure that you base your research on what’s used in your industry, by companies of your size. Talk to other business owners, read reviews, get quotes, and so on.

Integration with other systems

The perfect POS should be able to connect with your other business systems, like email marketing and accounting software. The top benefit of this is that you get a lot of customer data without manually downloading it from one program and then uploading it to another.

That is why integration is something that should be on the top of your list when searching for the best possible POS system for your business.

Don’t ignore scalability

You might be running a small retail business, and you got just one store. But you might plan to expand soon.

The thing is that specific POS systems limit the number of outlets that can be managed using them. That is why you need to make sure that you choose one that is scalable and won’t limit your business once you start growing.

As a result, many business owners choose scalable cloud-based POS systems that support multiple registers and stores. Once you connect all retail stores, you will have a single dashboard from where you can monitor all of them and run your business efficiently.  

User simplicity is essential

A POS system may have an incredible set of various features. But that won’t do you much good if they are part of a program that is difficult to understand and use. You don’t want to list the user manual for every little thing. Plus, even if you learn it through and through, you need to make sure all of your employees know how to use it as well.

That is why you need to have a crack at it before you make your final decision. The unwritten rule is the simpler the UI, the better. That way, every user can easily learn to use the POS system, and you won’t need to spend time teaching others or listing the manual every time you are stuck with some features.

Look for POS systems with specific features

Every business has its own specific needs and requirements. Nowadays, POS systems have features designed to fit individual businesses and industries. It’s one thing to buy a POS for a hotel, another for a restaurant, and a way different one for a mechanic shop. Each one of them has unique requirements and needs. There isn’t one POSto fit them all. Plus, the size of the business plays an immense role. The type of POS that serves perfectly a small shoe store may not be fit for a massive one. That’s why you need to consider both the specific needs of your business and the size of it.

For example, a typical restaurant will require a POS system that allows splitting the check, make table reservations, track product status, accept online orders, add tips, and so on. You won’t need most of those features if you run a small coffee shop or a cleaning service.  

In conclusion

Choosing a POS system is no rocket science, nor should it be. However, if you neglect some of the points made here, you might end up with one that simply doesn’t meet all of your needs. That is why it’s essential to do your research first, so you won’t have to worry later.

We have a Best Point Of Sale System in our mind for you. Please visit https://www.billberrypos.com to know the potential of POS system.