From Loss Prevention

Restaurant Management: Cash Controls at the Point of Sale

What steps are you taking today to ensure lean, profitable operations in the restaurant? Managing the flow of cash through the restaurant is a critical piece of your security plan. Read more

Best Restaurant Technology Blog Posts of 2016: The On Point top 10

Looking back, 2016 was an amazing year for innovation in restaurant technology. EMV rollouts and a range of new digital payment options drove major changes in payment processing for many restaurant brands. Online ordering continued to grow at an exponential rate. And we’ve seen a range of new developments in delivery—from third-party services to delivery by drone.

The top 10 most popular 2016 On Point posts offered insights into ways you can leverage restaurant technology (and the point of sale system in particular) to streamline operations and boost restaurant profit. Read more

Restaurant Management: The Big 4 Reports and Alerts to Watch

Restaurant managementLet’s face it. It can be hard to keep your finger on the pulse of your pizzeria every hour of every day. But your point of sale system can track events for you, so management can keep an eye on the big picture.

 

Are you using all four of these key POS tools to help reduce theft and drive efficiency?

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Restaurant Management: 4 Tips for Creating a Profitable System in Your Restaurant

restaurant profit and securityYou can create lean and profitable systems in your restaurant by fine tuning the systems you have in place. Manage money and margins with these four key controls.

 

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5 Ways to Manage Loss Prevention in Your Restaurant

POS_securityIs employee theft something you have experienced in your pizzeria or QSR? If you think it can’t happen to you, think again! According to Fast Casual, a study by the National Restaurant Association estimates that internal theft is responsible for 75 percent of inventory shortages and losses of close to four percent of restaurant sales. Three-quarters of employees steal from the workplace at least once, while half steal repeatedly. Those employees are not all stealing cash. Theft can also come in other forms: staff abusing discount codes, treating themselves or friends to food and beverages, or cheating the time clock. Read more

From the Archives: Protecting Your POS Data—Creating a Backup Strategy

business peopleBacking up the data in your restaurant POS is a critical part of regular system maintenance. Not backing up your data regularly can be costly to your business.

For SpeedLine POS users, the first step is a tool called Hot Backup. Working behind the scenes, Hot Backup protects against hardware failure and human error by backing up your data from one station to another automatically all day long.

But to make sure that your data is safe from disasters like fire, flood, or theft, you’ll also need an off-site backup. Read more

From the Archives: The Proof is in the Numbers: Managing Restaurant Profits with POS Technology

The Proof is in the numbersKnowing your numbers gives you new insight to make the changes in your restaurant business that can drive profit and growth. 

Do you know what’s happening in every area of your restaurant business? Knowledge is power, and the statistical data in your POS can provide you with new growth potential.  Read more

Restaurant Operations: Labor and People Management

Social ResponsibilityFrom labor scheduling to security, performance management to training, effective employee management is critical.

Scheduling effectively.  Scheduling to meet labor targets is often the first challenge. With differences in employee availability and varying traffic, there can be a lot of guesswork involved. The result may be an inefficient schedule that’s costing you money.

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Behind the Bar in Restaurant Point of Sale: Controlling Cash and Increasing Customer Spending

Bartender_mage courtesy of stockimages at FreeDigitalPhotos.netBar service can increase profits and attract more customers to your restaurant. But for real success behind the bar, your point of sale system must be able to keep pace with fast moving sales, while keeping cash secure and increasing customer spending. Today’s post focuses on POS tools that help with the bar side of your business. Read more

Restaurant Security: Managing Access to Avoid Internal Theft

POS ExpansionAccording to the Statistic Brain stats site, employee theft accounts for more than $50 billion in lost sales to employers in the Unites States each year, or about a 7% average of annual revenues. That’s an alarming number, and one many restaurant operators know all too well.

Statistic Brain also reports that approximately 75% of employees have stolen once, and 37.5% at least twice. Even if you trust the people working for you, those statistics mean putting the proper tools in place to protect the business is critical. Read more