Key Takeaways
- A place where the customers pay off the amount of the goods and services provided to them and sales taxes are payable is called a Point Of Sale (POS).
- The transaction made by POS can be either in person or online. The receipts are generated both physically printed and electronically.
- POS systems are becoming famous in the fields like hospitals, industries, and restaurants which enable customers to place orders and reservations and can pay their bills electronically.
There are various restaurant POS systems available in the market. Selecting the correct POS for the restaurant just started is a crucial part. This is the system that helps you to manage all your operations. The POS system manages the ordering and payment processes.
Recent trends do not allow the early and bulky restaurants’ computer systems and move towards virtual transactions like payments via mobile, tablets, and other electronic gadgets. All the restaurant systems are carried out by Restaurant iPad POS systems, which manage all the operations like putting an order, and processing payments, anywhere and anytime.
This trend of making payments through mobile was a little bit used but after the COVID-19 pandemic, the use of it was widely accepted. These gadgets-based systems enable users with contactless payment methods. To know more about the POS and restaurants’ POS systems continue reading the article.
What Is A POS?
A Point Of Sale or POS is a device used to process orders and transactions. A type of POS is the cash register. Nowadays, this cash register is replaced by many electronic POS systems which are used to process cash as well as credit and debit cards.
In a manual store or at the cash register of an online dealer, a POS may be present. Retailers can track pricing accuracy, gather marketing data, and keep track of inventory and purchasing trends thanks to the increasingly sophisticated POS device software.
List Of Top Best 5 Restaurant POS Systems
Read below to know about the top best 5 restaurant POS systems with their pros and cons.
- Toast POS
- Lightspeed POS
- Square
- Clover POS
- Epos Now
Toast POS
Toast is one of the best restaurant POS systems equipped with loyalty-rich features. Toast is a system specially designed to provide the owners of restaurants with great and effective solutions according to recent trends. This system offers their customers online order placing, delivery, takeout services, placing orders through apps, contactless payment methods, and many more.
Toast POS is most suitable for small to medium restaurants with Android app development.
Key Features
- Place orders online and delivery services.
- Active plans.
- Credit card processing within the app.
- Decent third-party integration.
- Loyalty programs are available.
- Door-to-door delivery program available.
Pros:
- Feedback management is where people can provide feedback.
- Credit card processing is available within the app.
- Easy to use and reliable app.
- Specially designed for restaurants.
- Offers a free plan to the restaurant.
- 24/7 service provider through emails, live chat, and calls.
Cons:
- Unrecorded fees for the elective services.
- A loyalty program is standard only for growth plans.
- Contracts are only for 1 to 3 years.
Lightspeed
Lightspeed is one of the most POS solutions providing amazing features. It enables restaurants to combine restaurant’s Item in with various brands of hardware. It creates a hardware collection for the restaurant. It is a good option for restaurants that opt for third-party payment methods.
Key features
- Have various choices of hardware.
- Processes online orders.
- Reporting based on clouds.
- A training team for the restaurant.
- Management of various locations.
- Have a loyalty system and gift cards within the app.
Pros:
- Customer service is available 24/7.
- Training sessions for free and online with an expert.
- Suitable for different hardware.
Cons:
- Online ordering, comprehensive reporting, customer loyalty programs, and accounting integrations are available as add-ons for all subscriptions.
- Lower pricing requires annual contracts.
- Costs in addition to delivery integration
Square
Square is one of the most famous POS systems for restaurants. The POS system has allowed retailers of all lines permit to have both free and paid choices. Almost all of your needs, including inventory management, menu management, table management, and employee time tracking, are covered by the free edition.
Square’s stylish all-in-one POS contains a customer display, and card/NFC reader, and is accessible for iPad use in restaurants.
Key features
- Availability of payroll software within the app.
- The tracking system of the items is available.
- Employees management system.
Pros:
- Does not charge any cost.
- Free start.
- Suitable for iOS and any android phone.
Cons:
- The free plan does not include the services 24/7.
- Does not include reservation management services.
Clover POS
Clover is a famous restaurant POS system that provides its customers with all the services they want to sell their food and run the business. If the business depends on online orders and wants to expand its business then Clover is the best option.
Key features
- It provides the facility of placing online orders and delivery services.
- Wide range of planning programs.
- Great support of third-party integration.
Pros:
- The software provides quick and complete services.
- Prepay options are available in the app.
- Allows planning every month without charging any cancellation fees.
- Loyalty programs are available with features of customization.
Cons:
- No options to resale or reprogram the hardware.
- For extra features charges extra costs.
Epos Now
Epos Now is the greatest restaurant POS system for larger restaurants in terms of training their workers on the software, albeit it isn’t nearly as good as Square’s solution.
A thorough inventory and stock management feature are provided by the system. Users may keep track of every item they have on hand, from entire meals to specific ingredients. Additionally, bulk goods imports are permitted, which can be quite useful when users have received a sizable supply or are just starting.
Key features
- Lots of third parties are available.
- Options available for strong hardware.
- Individual support.
Pros:
- Training sessions are available for the staff at a low cost and with no limit.
- The stock and inventory management is done in a detailed manner.
- Have third-party integrations with more than 80.
- Easy to use and quick setup.
- Very compatible with barcode scanners and receipt printers.
Cons:
- The types of report issues are limited.
- Not enough choices are available.
