article thumbnail

2025 Restaurant Payment Trends and Predictions

Modern Restaurant Management

Increased Frequency of Fee and Rate Auditing Many restaurants and QSRs have had massive increases in order ahead and digital ordering over the last few years. As more establishments embrace digital payment methods and shift toward card-not-present transactions, it's crucial to closely monitor merchant fees and conduct regular audits.

2025 447
article thumbnail

Seven Ways to Lower Restaurant Labor Cost

Modern Restaurant Management

Number Three : Audit your time keeping. Number Four : Audit sales every half-hour in your POS system. If you don't have a POS system, go get one. But POS systems have a half-hour or hour-by-hour sales report. They’re not working, and they are milking the time clock. I like half-hour.

Audits 520
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Optimizing Your Payment Processing Strategy Can Mitigate Financial Challenges Facing Restaurateurs

Modern Restaurant Management

By choosing the best payment provider, negotiating the best rates and pricing structure, and auditing your monthly merchant statements, businesses can increase their profitability and improve their financial health for long-term success. This should be a crucial element in deciding your business’s POS.

Audits 402
article thumbnail

How To Optimize POS Back Office Operations

Harbor Touch

Thats where this guide comes inpractical, no-nonsense tips to get things running like clockwork, especially for folks using POS systems like Harbortouch. Well cover everything from automation to IT management, with examples tailored for POS users. For POS users, your systems a treasure chest of clues. Feedbacks your friend here.

POS 78
article thumbnail

Restaurant Operations Management: A Guide for Restaurant Owners

ChowNow

Leverage restaurant technology, such as POS systems and financial analytics tools, to gain deeper insights into spending and revenue trends. Regularly audit expenses and negotiate with vendors to keep costs in check. Optimize restaurant layout to ensure smooth traffic flow between kitchen, tables, and POS systems.

article thumbnail

Save Big: Top Restaurant Tax Deductions & Credits

Harbor Touch

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. For his SkyTab POS, he deducts the $29 monthly fee as an ongoing expense. Credit card tips pull from your POS system.

article thumbnail

10 KPIs for Online Food Delivery Every Restaurant Needs

ChowNow

How to track and improve order accuracy Restaurants can track accuracy by monitoring refund trends, conducting random order audits, and collecting customer feedback. How POS integrations can help Most mistakes happen because staff are manually re-entering online orders.

Delivery 195