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July 6, 2018
From operations to sales, Exatouch® Point of Sale captures real-time data that uncovers business trends and sheds light on performance. See how Exatouch reports can provide greater insight and resolve challenges in the following common restaurant scenarios!
Resolution: Exatouch’s Business Overview report pulls data that can help improve daily operations, eliminate time spent on administrative work, minimize waste, and boost your revenue. The report provides a birds-eye view of important data across different aspects of your establishment, and helps identify problematic areas that can direct you to pull more targeted, detailed reports. The report can also be emailed, which is convenient for sharing information with any business partners, collaborators, or accountants who only require a snapshot of what’s happening as opposed to an in-depth analysis.
Exatouch Report:
Resolution: Highly successful restaurants recognize the need to make diligent and deliberate decisions to maximize their food investments, managing a perpetual running inventory of certain key products that drive costs; these products are the largest percentage of total food expenses. As a restauranteur, you should know how much of a particular inventory item you need on hand at the end of each shift. You can then compare this “ideal” inventory to your “actual” inventory to make more informed decisions.
Resolution: Most restaurants collect some measure of customer data, and successful ones make it a top priority. The specific data you collect and retain is up to you, but basic contact information such as name, email, phone number, and even birthdays are valuable when trying to connect and incentivize customers to return. Not only will leveraging customer data support daily sales, but creating and maintaining a customer database is an invaluable asset should you decide to sell your business.
Resolution: Menu engineering can help market high-margin dishes to maximize profits. A well-executed initial menu-engineering strategy takes approximately one week to complete and can increase profits by 10 to 15% on an ongoing basis.
Resolution: If you are like most businesses, you may be using pen and paper and/or spreadsheets to create schedules and track employees’ time? The fact is, most restaurant managers spend hours managing schedules and payroll every week, which is valuable time that could be spent with employees, customers, or focusing on other initiatives – Exatouch can help!
To learn more about how Exatouch reports can provide greater insight into business performance and influence key decisions, contact Electronic Payments at 800-966-5520.
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