Information Strategies, Inc., http://www.2sbdigest.com/payment-systems, 2014 ... Motorola Solutions, https://www.zebra.c
IMPROVING THE BOTTOM LINE OF YOUR SMALL BUSINESS WITH
INTEGRATED
PAYMENT SYSTEMS R E S TAU R A N T
$
WHAT ARE POINT OF SALE SYSTEMS C A P A B L E OF? PROCESSING debit/credit card transactions
TRACKING customer loyalty information
CALCULATING payroll data
CREATING hourly & daily sales reports
TRACKING inventory
ALLOWING employees to clock in & out
ENCRYPTING cardholder payment data
HOW WILL A POINT OF SALE SYSTEMS B E N E F I T MY BUSINESS?
IMPROVE CUSTOMER SERVICE • Reduces TIME staff spends entering orders/payments. • Reduces MISTAKES. • Enables reservations, waiting lists, guests paging, caller ID, gift card MANAGEMENT, etc.
SIMPLIFY STAFF MANAGEMENT • • • •
Helps eliminate inaccurate TIME CARDS. Automates employee SCHEDULING and shift swapping. Enhances ACCOUNTABILITY with management tools. Saves time by RECONCILING credit card transactions.
INCREASE PROFITS • Helps you order the right AMOUNT of supplies with inventory tracking. • Helps you UNDERSTAND your customers better. • Runs reports to better PREDICT volume and scheduling.
$
HOW CAN I BE SURE A POINT OF SALE SYSTEM IS THE
BEST WAY TO GO?
I T’ S AL L I N T H E N U M BE R S. . .
3
TOP REASONS BUSINESS OWNERS FIND INTEGRATED PAYMENT SYSTEMS TO BE BENEFICIAL: 1
2
3
73%
64%
60%
percent of business owners agree that accessing all reports in real time, and in one place
percent of business owners agree that using a single username and password for physical access to the POS
percent of business owners agree that processing all payment types and connecting all payment devices
HOW POS SYSTEMS CAN SAVE YOU MONEY
!
91%
$
of small to medium business owners with payment integration systems reduced back-office expenses by at least
Mistakes made without a POS system cost the typical restaurant
21%
The average POS system pays for itself within
3% to 5%
1 to 2 years
of gross sales each year
GROWTH OF POS SYSTEMS
$$$$ From 2011 to 2012, the number of merchants using a POS system grew dramatically
111%
4.5
2011 2012
MILLION
and by 2017, the number is expected to reach...
9.5
38
MILLION
2017
MILLION
RETAIL CREDIT CARD USE
re ce i
pt
$7.1 trillion estimated card purchase volume in 2017
79%
1,013,000,000 Percentage of debit or credit card holders that agree that merchants should accept a
credit or debit cards are in circulation.
wide variety of payment types.
THE FUTURE OF POS SYSTEMS
44% of business owners are updating their POS to take advantage of new technology options.
3
TOP MOTIVATORS FOR BUSINESS OWNERS TO UPGRADE THEIR CURRENT POS SYSTEM 1
2
3
69%
62%
46%
percent of business owners want to add a mobile POS system.
percent of business owners want to enable new payment options.
percent of business owners want to deliver personalized guest promotions.
REWARDS
RESTAURANT OPERATORS SEE THE BUSINESS VALUE IN INTEGRATED POS TECHNOLOGY, AND THINK THE MOST IMPORTANT FEATURES ARE: MOBILE PHONE INTEGRATION
45%
44% TABLESIDE ORDERING/PAYMENT 42% MOBILE WALLET INTEGRATION 35% CENTRALIZED POS 40% TABLET INTEGRATION
CLOUD SOFTWARE
PAYMENT/ ORDERING
OPERATIONS
37%
Percentages reflect percentage of business owners who see value in the feature.
BROUGHT TO YOU BY:
MERCURYPAY.COM
Sources: CPA Practice Advisor Homepage, http://www.cpapracticeadvisor.com/news/11329241/businesses-save-time-money-with-integrated-payment-processing, Mar 12, 2014 Information Strategies, Inc., http://www.2sbdigest.com/payment-systems, 2014 Payments Source, http://www.paymentssource.com/news/mobile-point-of-sale-projected-to-reach-46-percent-market-share-in-2017-3016146-1.html, Nov 25, 2013 Javelin Strategy & Research, https://www.javelinstrategy.com/news/1402/92/Javelin-Strategy-Research-Releases-Point-of-Sale-POS-Forecast-Report/d,pressRoomDetail, Nov 2, 2014 The Nilson Report, http://www.nilsonreport.com/publication_chart_and_graphs_archive.php?1=1&year=2013, 2013 FSW, http://www.foodservicewarehouse.com/education/restaurant-management-and-operations/the-importance-of-the-point-of-sale-pos-system/c28000.aspx, 2014 All Things POS, http://www.allthingspos.com/applications/restaurant/, 2014 Bank Card Depot, http://www.bankcardsd.com/Payment-Processing-Industry-Stats, 2014 Carolina Barcode Inc., http://www.carolinabarcode.com/run-my-store-a-36.html, 2014 South Jersey Computer Pros, http://southjerseycomputerblog.com/how-pos-can-save-restaurant-owners-money/, 2014 Motorola Solutions, https://www.zebra.com/content/dam/zebra/white-papers/en-us/motorola-whitepaper-zc-en-us.pdf, 2012 Hospitality Technology, http://hospitalitytechnology.edgl.com/news/2014-POS-Software-Trends89890, Dec 12, 2013 2013 survey of 100 restaurant operators who subscribe to HT magazine.
