A restaurant billing software simplifies all your complex restaurant management tasks like inventory management, labour costs, order management, food costs, supply chain issues, fluctuating profit issues, cash flow management, and staying up with government regulations, licenses and permits.
With billing software for restaurants, you can manage all these problems easily. And to know which restaurant billing software is right for your restaurant business.
Let’s find the right features for the best billing software for restaurants below-
Major Features in POS Billing Software for Restaurant
Order Management
✅Efficiently handles orders: This feature in the best billing software for restaurants allows staff to input orders quickly and accurately, whether they are for dine-in, takeaway, or delivery.
✅Order modifications: Billing software for restaurants enables easy changes to orders, such as adding, removing, or substituting items.
✅Order status tracking: Provides real-time updates on the status of orders, from placement to completion with the help of restaurant billing software.
✅Kitchen display system: The Best billing software for restaurants helps you easily convey customer orders to the kitchen for timely preparation while giving you a full kitchen display system, where you can see all the orders and preparations in real-time.
Payments & Billing
✅Generates bills: Automatically calculates GST, charges, discounts, and totals to ensure correct billing with the best billing software for restaurants.
✅Payment options: This feature allows you to use different methods to make your payments, like cash, credit cards, debit cards, and digital payment wallets with the billing software for restaurants.
✅ Tax-related calculations: With the help of billing software for restaurants, you can ensure correct calculation and apply different tax rates based on items and jurisdictions.
✅Quick receipt generation: With restaurant billing software free for 7 days, you can quickly print email receipts or customers so that you can ensure quick services on all stages, from order to billing.
Inventory Management
✅Tracking stock: Tracking the quantity of stocks in real-time helps prevent inventory shortages or overstocking with the best billing software for restaurants.
✅Reduces wastage: Helps identify slow-moving stock items and implement strategies to minimize waste.
✅Optimised purchasing: This feature helps to calculate reorder points and generate purchase orders based on consumption patterns.
✅Accurate Ingredient listing: With billing software for restaurants, listing ingredient required for recipe, its individual item costing and menu analysis is one of the most important feature as it helps in inventory management along with pricing of menu.
Table Management
✅Manages table reservations: Accepts and tracks table reservations, optimizing table utilization.
✅Table availability: As the restaurant billing software is free for 7-days, you can see table availability and occupancy status for the customer, and table booking as per the availability of tables.
✅Layout management: Restaurant layout along with the layout of the tables can be seen using restaurant billing software.
Customer Relationship Management (CRM)
✅Customer data collection: All contact information of the customer and customer preference can be collected using billing software for restaurant.
✅Loyalty programs: You can initiate loyalty programs and offer points for the customers coming multiple times.It increases repeated business through the billing software for restaurant free for 7-days.
✅Customer segmentation: Groups customers based on demographics, purchasing behaviour, or other criteria for targeted marketing.
✅Personalized offers: Delivers tailored promotions and recommendations based on customer data.
✅Online orders integration: It connects online restaurant billing software free to with online ordering systems in case of efficient order management through the integration.
Integration
✅Online ordering integration: Connects with online ordering platforms to manage orders efficiently.
✅Delivery service integration: Integrates with delivery services to streamline order fulfilment with online restaurant billing software free.
✅Accounting software integration: Its objective is to synchronize its records with accounting restaurant billing software.
✅Payment gateway integration: Processes payments securely and efficiently.
Data Insights:
✅Sales reports: Detailed sales data, including daily, weekly, and monthly sales figures is an important feature of restaurant billing software.
✅Performance metrics: Tracks important revenue-improving factors like average ticket size, customer count, and employee productivity with the best billing software for restaurants.
✅Inventory reports: Monitors inventory levels, usage, and costs.
✅Labour cost reports: Analyzes labour expenses and employee productivity.
✅Menu analysis: Identify the most popular and profitable menu items to optimize better for your restaurant.
Look out for the above features as you seek the best restaurant billing software to improve performance, increase your bottom-line performance, and also maximize the overall customer experience in 2024.
6 Factors to Consider Before Buying Billing Software for Restaurants in 2024
The following 6 critical things to know before buying restaurant billing software ensure your prosperous business is just around the corner:
Size and Type of Restaurants
Size and type of restaurants decide which kind of functionality requirement you need under the purview of restaurant billing software-
✅Small restaurants: Simple restaurant billing software lets you order, billing process, payments.
✅Large restaurants: have more critical functionalities in restaurants such as inventory, and table management along with important reports.
✅Fast Food Outlets: Focus on speed and efficiency. Upscale dining restaurant focuses on customer experience and highly customize the order.
Budget
Restaurant billing software pricing differs in type, size and features required in each business.
✅Initial cost: It includes the amount of the required hardware, software license, and charges to set it up.
✅Subscription Charges: Paying subscription fees, maintenance, and support charges.
✅ROI:Indicates the amount of money that is saved by using the software as well as the extra revenues that can be obtained through billing software for a restaurant.
Features-
The best restaurant billing software your restaurant will need to take care of all your restaurant needs such as-
✅Core Features: These are the three major features- order management, billing, and payment processing.
✅Other Features: Some extra feature that can be added in the restaurant billing software is to enhance performance. Other features that add to this enhanced performance include inventory management, table management, CRM, reporting, and integration.
✅Customizability: The restaurant billing software is worth its worth fit can be customised to the specific needs of your restaurant.
✅Easy to use: Time-consuming and few errors are involved in getting and doing work if the interface is user-friendly and easy to use.
✅Training staff: Consider the time and effort spent to train employees on using the restaurant billing software.
✅Customer experience: Easy-to-use systems result in customer satisfaction.
Customer support-
The best restaurant billing software should have efficient customer support to resolve any issue on time.
✅Response time: Check the response time it takes for the support to be delivered.
✅Knowledge base: The availability of a knowledge base with minute details is helpful to resolve general problems on your own.
Scalability-
✅Support and training options: Training and support resources should be available.
✅More orders,employees,and locations must be supported by the software with you.
✅Feature updations: The software should add new features as your restaurant evolves.
✅Data transfer: It should have the capability of transferring data in case one changes to another software later on.
By considering these, restaurant owners will be able to make the right choice in billing software for them to operate efficiently and increase their businesses.
Restaurant size and type-
Restaurant size along with type, dictates as to which kind of functional requirements you require under the umbrella of restaurant billing software-
✅Small restaurants: A simple restaurant billing software allows you to order-taking, billing process, payments.
✅Large restaurants: have more critical functionalities in restaurants such as inventory, and table management along with granular reportings.
✅Quick-service restaurants: Focus on speed and accuracy, while fine dining establishments prioritize customer experience and detailed order customisation.
✅Fast Food Outlets: Focus on speed and efficiency. Upscale dining restaurant focuses on customer experience and highly customize the order
Budget
Restaurant billing software pricing are highly varied.
Restaurant billing software pricing differs in type, size and features required in each business.
✅Initial cost: It includes the amount of the required hardware, software license, and charges to set it up.
✅Subscription Charges: Paying subscription fees, maintenance, and support charges.
✅Return on investment (ROI): Indicates the amount of money that is saved by using the software as well as the extra revenues that can be obtained through billing software for restaurant.
Features
The best restaurant billing software your restaurant will need to take care of all your restaurant needs such as-
✅Core features: These are the three major features- order management, billing, and payment processing.
✅Other features: Some extra feature that can be added in the restaurant billing software is to enhance performance. Other features that add to this enhanced performance include inventory management, table management, CRM, reporting, and integration.
✅Customizability: The restaurant billing software is worth if it can be customised to the specific needs of your restaurant.
Ease of use
Time-consuming and few errors are involved in getting and doing work if the interface is user-friendly and easy to use.
✅Training staff: Consider the time and effort spent to train employees on using the restaurant billing software.
✅Clean and intuitive design: A clean and intuitive user interface reduces the requirement of training your employees.
✅Customer experience: Easy-to-use systems result in customer satisfaction.
Time-consuming and few errors are involved in getting and doing work if the interface is user-friendly and easy to use.
Customer support-
The best restaurant billing software should have efficient customer support to resolve any issue on time.
✅Response time: Check the response time it takes for the support to be delivered.
✅Knowledge base: The availability of a knowledge base with minute details is helpful to resolve general problems on your own.
Popular Restaurant Billing Software Options
There are so many, and options depend on restaurant size and budget. Some of the popular restaurant billing software options are given below:
Cloud-Based Solutions:
GimBooks: It supports multiple restaurant billing software with multiple features such as easy interface, inventory management, customizable templates, GST compliant, and multiple reports.
POSist:It is very easy to use and offers focused features for the restaurant industry.
Vyapar: It has GST compliance, easy interface, and multiple reports.
myBillBook: Easy reconciliation, customizable menu options, and real-time tracking of inventory
On-Premise Solutions:
MargERP: This ERP system has all the capabilities, including inventory management, table management, and integration with online orders.
Gofrugal: Restaurants are fully managed through it, including the features such as recipe management and wastage control.
PetPooja: A complete ERP for larger chains of restaurants.
Conclusion:
Every profitable restaurant is equipped with the best restaurant billing software as it makes the running of restaurant activities much easier. The best billing software for restaurant must be chosen while keeping in mind the type of restaurant you have, its budgetary constraints, and how you envision its expansion in the future.
You can identify a system that suits your business requirements perfectly by knowing such factors as order processing, table arranging, billing and payments processing, stock control, customer assistance, and others.
The difference between merely surviving in business and growing in your restaurant is only the right restaurant billing software.
FAQ-
- Which software is used for billing in restaurants?
GimBooks, billing software for restaurant is cloud-based and can be used for online restaurant billing software free for a 7-day trial with restaurant management features. - What is the best software for restaurants?
POS billing software for restaurants is best because it helps you manage your restaurant easily. - What software is used for billing?
GimBooks cloud-based software with accounting, gst billing software capabilities. - What type of software is used in a restaurant?
A software that can help your restaurant with billing, POS billing, invoicing, staff attendance management, accounting, inventory management and more.