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MAKING A SMART DECISION AND SAVING MONEY!Two Objectives when considering purchasing a Point of Sale (POS) system
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MAKING A SMART DECISION AND SAVING MONEY!
Two Objectives when considering purchasing a Point of Sale (POS) system
Supported by a four step, easy procedure
Martin CJ Mongiello
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Point of Sale Systems Advice
An introduction to decision making for whether or not to purchase a POS system
Consider several factors for your hospitality setting
Not all features can be used Money saving features must be
driven by a very few intelligent people
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
An introduction to decision making for whether or not to purchase a POS system
This presentation will challenge you to consider the facts before you spend a lot of money
Not every situation needs a $30,000.00 POS system with all of the software and hardware
Not every establishment needs a $10,000.00 system
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
An introduction to decision making for whether or not to purchase a POS system
Why do you think you need POS? What can you prove you will attain
with it? Can you convince your CPA,
attorney and owners of the proof? Once you answer the tough
questions you might be close to what you really need…
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
An introduction to decision making for whether or not to purchase a POS system
Just because the vendor sells all of the modules doesn’t mean you will actually, really use them
Some features that can pay off huge are increased efficiency, exact correctness of accountancy (math) and speed!
Orders placed will be routed all over the establishment fast letting everyone know what is going on and that is excellent.
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
An introduction to decision making for whether or not to purchase a POS system
Theft of checks by wait staff will plummet down as it becomes impossible to ditch a check, steal free food or serve friends for free.
Orders placed to GET food will be recorded in the main frame and kitchen.
Credit card acceptance streamlines all financial transactions lowering cash holding and deposit problems each night.
Wait staff are forced to comply with IRS tip laws and IRS tipping rules.
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Consider several factors for your hospitality setting
Front desk staff are prevented from giving sweetheart discounts or free rooms as key cards cannot be issued freely.
Automatic food/consumables ordering and HINT lists MODULE can be purchased and activated based on ingredient usage counts bounced against last nights ticket, room and food sales
Some of these extra modules can be ordered and used
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Consider several factors for your hospitality setting
Some POS offer MODULES for check in and check out of the time clock thus eliminating time cards!
Team hours worked data can be automatically transmitted to payroll and accounting further streamlining former wasted hours, lost cards, forged hours & managerial mistakes
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Not all features can be used
Do you really need the accounting module?
Will you use the inventory system and use it to save money?
Will you have a bar code reader for inventory and hand scanner?
Or will you use a palm pilot during inventory and then upload later?
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Not all features can be used
Do you need a Manager Override Feature to change a bill?
Or can any employee void a bill? Should the Manager have to use the
card only he or she has around their neck or a key to do an override!!!???
Are these security features you need or don’t need?
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Not all features can be used
Some operations have a family of four who handle the cash and all credit cards and therefore do NOT need those features.
Some properties do not do inventory weekly and do not need those features. They DO NOT do inventory even monthly!
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Not all features can be used
Be careful not to waste your money on extensive add on modules and features that you do not or are not going to use.
You DO NOT have to follow the pack.
Order features only that will help your operation
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Not all features can be used
As a Manager of Camp David, a former White House Chef and troubleshooter to Fortune 500 firms I often see wasted money on wasted and useless systems that are not being utilized.
Massive hardware costs only exacerbate the problem further.
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Money saving features must be driven by a very few intelligent people
Most POS systems are made easy for average folks to use.
There is nothing wrong with making a simple system handy to understand by the majority.
However, for high end data crunching it is advised to have at least two staff members trained.
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Money saving features must be driven by a very few intelligent people
The high end, highly intelligent Managers will be paid more but will save you more.
Without them, you will not get much out of your system in the long run.
Daily input of food receipts is critical via hand or EDI to monitor food costs to the hour on the menu
Martin CJ Mongiello Food Technology The Art Institute of Pittsburgh, PA Tuesday, February 16, 2010
Summary
POS is an excellent machine and tool to have!
POS is designed to pay for itself smartly and quickly.
Only order and use what you truly need and avoid wasted money.
A few smart people can lead the whole team to enriched profits!