Cloud-based point of sale (POS) packages are comprehensive solutions that are easy on your wallet. These affordable, powerful platforms reduce downtime and increase mobility, provide in-depth reports and securely store your important data. “Software as a Service” (SaaS) solutions are easy to install and update automatically, so you are always running the most recent version of the software. But how can a cloud-based POS solution help your restaurant up its game?
1. Reduced downtime
Today’s cloud-based POS solutions keep functioning, even in the event of an internet outage. Solutions are available that secure your data in the cloud but that store data locally on restaurant hardware. When connectivity returns, data is synced to the cloud automatically. This allows your restaurant to operate without disruption.
A cloud-based solution also provides the benefit of keeping your data secure in the event of a power outage, theft or accident, so you are assured of business continuity and nothing is at risk for permanent loss.
2. Cost-effective
Cloud-based software providers charge a budget-friendly monthly fee for software and data storage. This service is perfect for businesses that don’t have thousands of dollars in upfront fees to make an outright software purchase. There are no upgrade costs or unexpected charges — the monthly fee includes everything you need.
Using cloud-based software, there is also less of a burden on your IT staff. Updating POS terminals can be done quickly and easily. You are no longer required to update each terminal individually and restart the computer several times. Instead, owners of multiple restaurants or small chains can manage all their locations from one computer or mobile device saving you time and resources.
3. Mobility
Cloud-based software makes it easy to add more terminals, mobile POS or additional checkouts — you just configure new sites and equipment for the software, sync them and you’re good to go. They automatically run the same solution, with the same data accessibility, as the other terminals in your restaurant. And once your network is established, you can manage every location from one computer or mobile device, whether it’s an on-site terminal in a back office or your home computer.
4. Remote data access
With cloud-based POS, you can login in from any location at any time to view sales and inventory information, allowing you to keep track of your business throughout the day. Cloud-based POS systems include a variety of reporting options that give you an in-depth look into every shift, hour, day, week, month or year. Running sales reports also help restaurant owners and managers identify the most popular menu items so they can make sure top-selling selections are always available, maximizing profitability and increasing customer satisfaction.
If you are considering upgrading a legacy POS system for your restaurant, learn more about the features of cloud-based software and how these solutions could benefit your business. With their business continuity, mobility, and scalability features — as well as anytime, anywhere access to your POS system and data — cloud-based software can be a smart choice for your next POS system.
