Toast is a software company that provides restaurants with point-of-sale systems, as well as a host of other products covering ordering, management, and payment solutions. Toast’s flagship product is its Android-based cloud POS, which offers restauranteurs an easy-to-use, efficient software suite and simple, modular hardware. The success of that POS drove Toast’s value to over $1 billion in 2018, and at its peak, the company employed over 2,000 people. But despite all that success, the platform has some significant drawbacks which have only been compounded by the tough economic times the restaurant industry has faced in the wake of the COVID-19 pandemic. Weighing those pros and cons is key to determining if Toast is the right POS for your restaurant, and we’ll take a look at both sides of the issue below.
Online ordering has seen an enormous boost during the COVID-19 pandemic, in which restaurants have been forced to close their dining rooms and hungry customers’ only option has been delivery or curbside pickup. As a result, more and more independent restaurants are looking to get online for the first time or to expand their existing online ordering systems. But online sales are not a guaranteed slam dunk, and many restaurants fail to meet their full online potential. The following are five simple, but effective tactics you can use to avoid that fate and ensure the success of your restaurant’s online ordering portal. Continue reading “5 Tactics to Improve Your Restaurant’s Online Ordering and Sales Volume”
With businesses getting ready to spool back up in the wake of nation-wide shutdowns and restrictions, many merchants will be firing their POS systems back up for the first time in months. But are they firing up the right POS? The amount of variation in POS systems available on the market is immense, with each offering specific strengths and weaknesses. That makes it important for merchants to regularly ask themselves whether the POS they have is still serving their needs adequately, and the following are five of the most important reasons it might be a good time to consider a change. Continue reading “Should You Consider Switching Your POS – Five Reasons it Might Be Time to Make a Change”
As of late April, restaurants across the United States have seen a 72% drop in business. That’s a devastating number, especially in an industry with such a high failure rate to begin with. While many of the states that saw the biggest declines were among the hardest hit by the virus, all states saw major declines due to mandated business closures and consumer apprehension. Continue reading “How Online Ordering Can Help Keep Restaurants Afloat During the COVID-19 Pandemic”
In part one of this article, we examined Toast’s discounting and billing structure and how it impacts merchants. Essentially, Toast offers significant discounts to restaurants on hardware and software but then charges significantly inflated transaction fees, which wipe out any other savings for restaurants doing any kind of significant volume. In part two, we’ll look at the functionality of Toast POS, what it does well, and where it leaves restauranteurs wanting more in comparison to its competitors.
Toast POS is a cloud-based restaurant POS provider and payment processor that offers restaurants a variety of POS options built on an Android framework. Toast has been growing rapidly since it launched its POS platform in 2013, and many restauranteurs are drawn to Toast both for its simplicity and the attractive pricing offers the company makes to new clients. But, despite its success, Toast POS has some notable drawbacks that make it a good choice for some restaurateurs, but a terrible choice for others. In this two-part article, we’ll examine some of the pros and cons of Toast and how it stacks up against some of the other competition.
There are a number of factors that go into the success of a restaurant. Enjoyable food and friendly staff are two of the most obvious ones, but for a quick service restaurant, highly efficient operations are equally important. The ability to move a high volume of customers from the front door, through ordering, to enjoying their meal, and out again is absolutely crucial, and that focus on speed and efficiency is the main reason customer order kiosks are sweeping the industry. These kiosks provide a wide range of benefits to both customers and restaurants alike, making them an excellent choice for any restaurant looking to boost efficiency, customer experience, and revenue.
From retail stores to restaurants and beyond, hardwired cash registers are giving way to flexible, mobile point of sale (POS) systems designed to make it as easy as possible for customers to pay and for employees and management to go about daily tasks like inventory management, stock ordering, reporting, and more. LightSpeed Retail, ShopKeep, TouchBistro, and Vend represent four of the best mobile touch screen POS solutions available in 2019, and below we’ll take a look at what makes each special and how much merchants can expect to pay to put each to work.
Ever since the introduction of the original Square Reader – the small, white plastic magstripe reader that plugs right into the headphone jack of a smartphone – Square has been a widely recognized brand name among small businesses and entrepreneurs. There is no question the Square Reader was revolutionary for pop-up shops, mobile businesses, and hobbyists, but for all the convenience it offers to small retailers, the question remains as to whether it’s the right choice for larger, fixed-based businesses, including restaurants.
Providing shoppers with a smooth POS, easy checkout experience is key to generating return business and a loyal customer base. There are few things that can frustrate a customer more than waiting in a long line once they’ve made their buying decision or running into trouble with systems at the cash.
That’s why it’s so important for merchants to offer their customers reliable electronic payment solutions, and that starts with a good point-of-sale system. BAMS integrates with 12 of the leading retail POS systems so
that our partners can ensure they’re offering their customers the best checkout and payment experience possible.