5 Restaurant Management Software Features to Look For

Oct 28, 2023 | News and Updates | 0 comments

What are some restaurant management software features?

  1. Cloud-based system
  2. User-friendly interface
  3. Inventory management system
  4. Integration capabilities
  5. Analytics and reporting

Overview

Implementing a cloud-based restaurant management software system with a user-friendly interface, innovative inventory management, integration capabilities, and comprehensive analytics can greatly improve everyday operations and ensure long-term success in the competitive food service industry.
Resto iQ, the Philippines’ best restaurant management software provider, can help you future-proof your restaurant.

Restaurant management software features have progressed from manual methods to the technological complexity of modern Point of Sale (POS) systems.

Food establishments have traditionally struggled with handwritten orders and paper-based record-keeping, resulting in operational inefficiencies. Restaurant software solutions, on the other hand, have improved tremendously as a result of the requirement for efficient operations and data-driven decision-making.

In this article, we will cover five features you need to look for when selecting your food business’s software to ensure you continue to serve your loyal patrons well and future-proof your restaurant.

Cloud-Based System

A cloud-based solution in food establishments has transformed the way entrepreneurs manage their daily operations. This feature enables your team to have a solid tool that provides you with seamless data integration, remote access, and real-time control of various transactional administrative processes.

For instance, you run a restaurant franchise with many branches in the Philippines. They struggled to organize sales, menus, and inventory without a cloud-based solution. However, things changed after the management decided to adapt this restaurant management software feature to link electronically their operations.

This leads to improving menu adjustments, ingredient tracking, and real-time assisting customer orders. Another thing is that managers saved time on paperwork since the system automated many procedures, making them productive.

User-friendly Interface

User-friendly Interface

As one of the biggest industries in the world by employment, the food sector requires a reliable right hand to ensure a smooth and effective run of operations.

The Philippines is no exception, with recent polls finding that the food service sector earned an astounding Php 568.8 Billion in 2022, with a Compound Annual Growth Rate (CAGR) of 13% predicted until 2027. In this tough market, the usability of your restaurant management software product is critical to long-term success.

Resto iQ from Mosaic Solutions is a forerunner in providing a user-friendly interface, altering customer service quality by substantially lowering order errors and wait times. However, its advantages go far beyond its ease of usage. Here’s a closer look at the aspects that make it so valuable:

  • Seamless connection with third-party delivery providers for easier online transactions.
  • Electronic payment by generating OQ codes and accepting multiple payment methods (credit card, e-wallets, and online bank transfers).
  • Compatible with any device whether online or offline that allows restaurant staff to work smarter and uninterrupted.
  • Adapts smoothly to Quick-Service Restaurants (QSR), Table Service businesses, or Cloud Kitchens, making it a wise option for various restaurant setups.

Inventory Management Systems

Inventory management is one of the major concerns for restaurants of all sizes. It’s a difficult task that, when done correctly, may have a significant impact on the bottom line.

Effective inventory control has the twin functions of reducing food waste and ensuring menu availability, both of which are critical components of running a successful restaurant.

Take this for instance, a mid-sized restaurant that is haunted by food waste difficulties, resulting in operational inefficiencies and financial decline. An innovative inventory management system feature provided the answer to these challenges.

The business received real-time visibility into stock levels and how goods were used, allowing them to purchase just the appropriate number of ingredients and avoid overstocking and understocking. This resulted in two promising outcomes: a significant decrease in food waste and a consistent supply of house specialty.

Read next: A Step-by-Step Guide to Setting Up Your Restaurant Inventory System

Integration Capabilities

Integration Capabilities

The power of integration cannot be underestimated if we talk about restaurant management.

When point-of-sale terminals, checkout kiosks, kitchen management systems, tablet devices, and loyalty programs work together smoothly, they create a symphony of benefits you would not have expected. Here’s how an integrated POS system can improve the performance of your restaurant:

Elevating the Guest Experience: Integration enables the easy collection and use of customer data, allowing for a tailored dining experience via CRM and rewards program integration.

Savings in Time and Effort: An integrated system streamlines daily activities throughout restaurant operations, allowing employees to focus on providing outstanding service and a memorable guest experience.

Analytics and Reporting

Restaurant analytics have emerged as a success driver. While statistics show that firms may increase their revenues by 8% to 10%, only 12% of businesses effectively embrace the power of data.

Tracking every restaurant-related transaction and data becomes a breeze with the help of an appropriate cloud-based POS system. Analytics has been found to increase productivity by 17% and improve products or services by 12%. Not only that, it combines data from sources such as food waste, popular dishes, wait times, reservations, and more to produce meaningful insights.

Key Takeaway

Mosaic Solutions emerges as the top restaurant management software as restaurants around the Philippines strive to provide outstanding service while maximizing efficiency.

You have the ability to streamline processes and improve customer experiences using Resto iQ. If you want to know more about our POS solutions, don’t hesitate to contact our team today or schedule a free demo.