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Epos Now
Epos Now
Epos Now POS system is an effective business management, sales, and payment system for single-site, multi-site and online businesses. The system offers an extensive range of management and sales tools, with the option to expand t...Read more about Epos Now
NetSuite
NetSuite
With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by a...Read more about NetSuite
CAKE POS
CAKE POS
FrontRunners 2023
CAKE provides an easy-to-use POS that owners will learn like a pro in a short amount of time. The restaurant management system takes care of everything in one place with integrated online ordering, curbside pickup, reservations, ...Read more about CAKE POS
Toast POS
Toast POS
FrontRunners 2023
Toast POS is a flexible system built exclusively for restaurants and the food service industry. Offering tools like online ordering, delivery, takeout, mobile app ordering, contactless payments, and e-gift card purchasing, this so...Read more about Toast POS
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Meet Eric, a software expert who has helped 1,534 companies select the right product for their needs.
Talk with us for a free
15-minute consultationSoftware Advice is free because vendors pay us when they receive sales opportunities.
This allows us to provide comprehensive software lists and an advisor service at no cost to you.
This allows us to provide comprehensive software lists and an advisor service at no cost to you.
Tell us more about your business and an advisor will reach out with a list of software recommendations customized for your specific needs.
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Rezku POS
Rezku POS
Rezku is the premier POS, used by successful restaurants, bars and pizzerias to compete at a higher level, earn new business and eliminate headaches. Rezku comes complete with everything modern food and beverage concepts need for...Read more about Rezku POS
TouchBistro
TouchBistro
TouchBistro is an all-in-one POS and restaurant management system that makes running a restaurant easier. Providing the most essential front of house, back of house, and guest engagement solutions on one powerful platform, TouchBi...Read more about TouchBistro
Brink POS
Brink POS
Brink POS is a cloud-based point-of-sale solution (POS) that makes running restaurants easier. Offering solutions for omnichannel ordering and fulfilment, enterprise-grade hardware, and contactless payments all in one place, Brink...Read more about Brink POS
SpotOn
SpotOn
FrontRunners 2023
SpotOn Restaurant is a cloud-based point-of-sale solution that enables businesses to streamline processes related to food ordering, tableside payments, customer retention and more. The online ordering functionality enables busines...Read more about SpotOn
Marketman
Marketman
MarketMan Restaurant Management is a cloud-based inventory management platform that assists small to large-sized restaurants with procurement, food delivery tracking, and accounting. Its key features include menu planning, budgeti...Read more about Marketman
Hippos POS
Hippos POS
Hippos is an on premise with Cloud access point of sale (POS) solution that can be operated with or without the internet. The internet is only used to sync data between the POS and Cloud (web portal). The Hippos solution is design...Read more about Hippos POS
LS Retail
LS Retail
LS Central is a unified POS and ERP software solution built on Microsoft Dynamics technology. It brings together several functionalities in one application such as financials (the Microsoft Dynamics ERP), point of sale (POS), stor...Read more about LS Retail
HungerRush 360
HungerRush 360
Run a better restaurant with the all-in-one, cloud-based POS system that helps you delight customers, streamline operations, and grow faster than ever. HungerRush 360 helps you create digital experiences your guests will love, s...Read more about HungerRush 360
Linga rOS System
Linga rOS System
LINGA is an enterprise-ready cloud-based business platform with 20+ applications in addition to Point of Sale (POS). With over 17 years in the restaurant and retail markets, LINGA POS offers businesses hardware, software technolog...Read more about Linga rOS System
Square Point of Sale
Square Point of Sale
FrontRunners 2023
Square Point of Sale is a mobile POS system available for iOS and Android devices. Key capabilities of the Square POS system include online payment processing, sales reports, inventory tracking, digital receipts, email and SMS mar...Read more about Square Point of Sale
PayPal Zettle
PayPal Zettle
FrontRunners 2023
PayPal Here is a mobile application that allows retailers and merchants to process transactions. The application uses a card reader device attached to a smartphone. This solution helps retailers and field sales staff to process tr...Read more about PayPal Zettle
talech
talech
Talech POS is a cloud-based retail, restaurant & bar and professional services solution that offers point-of-sale (POS), inventory and customer management, appointment scheduling and deep, real-time analytics. The solution stores ...Read more about talech
Aloha Cloud
Aloha Cloud
NCR Aloha Cloud is an all-in-one cloud-based restaurant POS solution. With 6” built-for-purpose handheld devices, a user-friendly UI and fast merchant payout, operators can focus on running their restaurant, not their technology. ...Read more about Aloha Cloud
Lightspeed Restaurant
Lightspeed Restaurant
FrontRunners 2023
Lightspeed Restaurant is a cloud-based point of sale (POS) solution for restaurants suitable for full-or quick-service restaurants, bars, nightclubs, hotel restaurants, cafes and more. Key features include floor management, custom...Read more about Lightspeed Restaurant
GoFrugal
GoFrugal
FrontRunners 2023
Gofrugal POS is a hybrid point of sale (POS) solution that helps retailers across various industries, to manage their distribution and billing routines and automate financial transactions. The solution can be deployed either on-pr...Read more about GoFrugal
Lavu POS
Lavu POS
FrontRunners 2023
Lavu is a Point of Sale solution designed for use by restaurants, bars, and nightclubs - from full-service, quick-service, and franchise restaurants, to food trucks, coffee shops, and lounges. Users can choose between bar, restaur...Read more about Lavu POS
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Buyers Guide
Last Updated: March 16, 2023As restaurant manager, bouncing back and forth between incoming inventory shipments, taking orders, tracking each order, and making sure each dish on each table is billed appropriately—among many other restaurant tasks—can be challenging.
Doing everything manually is essentially the equivalent of juggling dozens of playing pins at a time; you are bound to drop one, or even several.
Fortunately, there are tools like restaurant POS systems and other related POS software that can help automate restaurant tasks such as inventory management and online ordering for restaurant managers.
To help you understand how restaurant POS systems and software can help, and what features it provides, we have prepared this guide. Here’s what we'll cover:
What are restaurant POS systems?
Restaurant POS systems help restaurant owners enhance the customer experience and streamline business operations relating to sales, cash flow, food inventory, and bookkeeping. Additional features include payment gateway, order management, analytics, and table reservations.
Some restaurant POS systems also provide advanced features, such as food costing and a built-in marketing suite to help restaurant owners with budgeting, as well as creating and executing outreach campaigns. Most restaurant POS systems and software can also be used by other food and beverage businesses, such as cafes, food trucks, and bars.
Common features of restaurant POS systems
When comparing restaurant POS systems, it's important to understand the functionality included in each. Here are the most common features of restaurant POS systems:
Order entry | Ensures that orders, including any special modifiers, are easily, quickly and correctly entered and received by the bar and/or kitchen, while enabling split checks. |
Inventory management | Helps monitor inventory use and costs while tracking portioned items to determine food costs. Produces management reports to help detect theft and over-portioning while setting thresholds for minimum product counts and assigning automatic reordering. |
Recipe costing | Helps determine the monetary value of each batch and/or serving of a menu item to determine the actual costs and profitability for each dish. |
Customer management | Track customer purchase histories and follow up with targeted offers to valuable customers through email and text messages, while allowing for “opt outs” of future offers. Often supports a loyalty rewards program to build lucrative relationships with loyal customers. |
Tablet/iPad-based system | Provide an enhanced customer experience by reducing the amount of ordering and payment time. Servers have the ability to send an order directly to the kitchen while customers can input tips on the iPad and sign their names on the spot. |
A Restaurant POS reporting and analytics dashboard detailing orders, deliveries and sales (Source)
What type of buyer are you?
Whether you’re a pop-up or food trailer, single location or multiple location restaurant, there’s a type of restaurant POS system for every restaurant business.
Small restaurant business: If your operation consists of a single location, be it a fixed restaurant, a rotating pop-up, or a mobile food trailer, you'll be best served by a basic restaurant POS system. You'll be fine with limited hardware and fewer advanced features.
Midsize restaurant business: If you operate a high-volume, growing restaurant with one to five locations, you'll want a restaurant POS system that offers advanced features. These include reporting and analytics, inventory control and maybe even online ordering capabilities.
Large/enterprise restaurant business: Managers and operators of more than five locations should look for a restaurant POS option with advanced dashboards and analytics and multiple location management.
Pricing and purchasing options
POS systems for restaurants typically cost between $49 - $150 per month per terminal, while hardware costs can be as high as $1,000 for tablets, printers, network infrastructure, and cash drawers.
A big determinant of restaurant POS prices are the deployment options restaurant owners choose. The two primary options are:
Cloud-based POS software: These types of restaurant POS systems are typically charged on a subscription pricing structure, and priced on a per-terminal, per-month basis. Many vendors offer discounts to businesses that pay annually. Ideal for small or medium restaurants.
On-premise POS software: This is typically priced by the number of licenses and/or terminals required. Most of these systems require a large upfront fee for the right to use the software in perpetuity (rather than a monthly or annual subscription). This is better suited for restaurant businesses with five or more locations.
Market trends to understand
Increasing touchless payment methods: Several restaurant POS system providers are giving restaurant owners the ability to create a secure and touchless payment environment as a result of COVID-19. Options include using a fully PCI and EMV compliant pay-at-the-table device and/or the scanning of a QR code to launch a payment process that’s encrypted and touchless.
Growing gift cards as a revenue channel: As dining rooms across the U.S. are forced to close or operate at limited capacity, restaurants have had to turn to gift cards as one of their lifelines to generate revenue. The International Card Manufacturers Association predicts that the pandemic could see an increase in digital and contactless gift cards.