Comparing Cloud-Based and Traditional POS Systems for Your Restaurant: Which One Suits You Best?

In the ever-evolving world of technology, one sector that has seen significant transformation is the restaurant industry. One company at the forefront of this change is Appinventiv, offering comprehensive restaurant app development services, including POS systems, inventory management software, food ordering apps, and more.

The shift towards cloud-based POS systems has been a game-changer for many establishments. These systems offer a host of benefits, such as reducing the cost of IT, simplifying complexity, increasing speed and agility, and creating new revenue sources. One of the most appealing aspects of cloud POS software is its ability to aid in decision-making. By extracting valuable information from data, it empowers management to make informed decisions.

A key feature of cloud-based POS is the CRM module. This module regularly offers discounts and deals to customers and centrally saves their data. This not only enhances customer relations but also provides valuable insights for marketing strategies.

In a majority of cases, new sellers are opting for cloud-based POS systems over conventional ones. This is due to the systems' ability to optimize restaurant operations, cutting down on waiting times, expediting item scanning and payment processes, and more.

Integration with payment, delivery, and other third-party applications is another advantage of cloud POS systems. This seamless integration streamlines operations and improves efficiency.

For added security, cloud POS systems also come equipped with an anti-theft module. This module notifies the manager of any irregularities, such as unauthorized discounts, KOT reprints, employee thefts, and more.

Adopting a flexible cloud restaurant POS system is essential for restaurants to manage different operations and branches effectively. The 7 best POS systems for restaurants, as per recent reports, are TouchBistro, Upserve, Square, Lightspeed, Revel, Clover, and Toast.

Cloud-based POS systems also allow for the gathering of both basic customer information and data on past purchases. This data can be invaluable for determining marketing campaign strategies.

Management can also keep track of the restaurants' daily, monthly, weekly, and annual sales with cloud-based POS. The stock and inventory module keeps tabs on the stock that is still available and notifies the management when it's time to refill.

The first POS system was invented in 1973, and since then, the technology has come a long way. Since 2023, cloud-based POS software has experienced a greater increase in adoption compared to on-premise POS systems. This is due to the numerous advantages they offer, outpacing those of traditional POS systems in a wide range of additional essential functions.

Implementing a legacy POS system, on the other hand, comes with several obstacles. These include the operating system and interface no longer being supported, the system being incapable of integrating other business functions, and it being difficult to find substitutes if the legacy system is broken or malfunctioning.

In the US, 61% of all fast-food restaurants have already adopted cloud-based POS systems, and this number is expected to grow as the benefits of these systems continue to be realised. The future of restaurant management looks bright, with cloud-based POS systems leading the charge.

Comparing Cloud-Based and Traditional POS Systems for Your Restaurant: Which One Suits You Best?