Benefits of Bar POS Solutions
Restaurant operators were generally early adopters of POS technologies. Even smaller independent owners and operators recognized the business benefits of an automated POS solution. Both full service restaurants and quick service establishments jumped on the POS bandwagon early and often to maximize efficiencies and control costs in their operations.
However, although very similar in overall operation, independently owned and operated bars, taverns, inns and pubs continue to cling to their cash registers in this age of innovative POS technology. This phenomenon most likely stems from a combination of philosophies. Below are a few examples of the objections provided by independent bar owners who have yet to upgrade their cash registers to automated bar POS systems:
- My bar is a very simple operation. POS systems are overkill for my operation.
- My cash register provides me with everything I need. Why fix what isn’t broken?
- Bars are recession-proof. I don’t need creative technologies to increase and maintain my customer base.
Smaller bars that are focused primarily on beer and liquor are in fact relatively simple operations. There is beauty and profitability in simplicity in the hospitality industry. Hence, the overwhelming success in the QSR (Quick Service Restaurant) segment of this vertical market. However, the following are just a few of the benefits an independent bar operator can enjoy by upgrading the cash register system to a modern bar POS system:
- CASH CONTROL – a bar POS system provides complete cash management and employee accountability.
- CUSTOMER LOYALTY PROGRAM – a robust bar POS system includes creative ways to keep customers returning to the bar stool day after day while enticing others to enjoy a first-time visit.
- SPEED OF SERVICE – in any hospitality environment, speed of service is king. A well-designed bar POS system allows employees to process orders quickly and accurately.
- PRICING CONTROLS – a solid bar POS system eliminates all employee errors in regard to pricing and sales tax.
- PCI COMPLIANCE – a reliable bar POS system reduces the liability associated with payment processing security rules while providing 1-second transaction approvals to enhance speed of service to patrons.
The reality is that implementing the appropriate bar POS solution can show an ROI for the independent bar owner in just a few short months through increased sales as well as gained controls and efficiencies. If you are still clinging to the cash registers behind your bar, we invite you to download our free guide with additional points to consider when seeking the right POS solution for your bar.