Restaurants are one of the most popular businesses an individual can think of as people love food. However, running a restaurant requires sets of plans and objectives to reach a successful rate. Luckily, you can use restaurant business intelligence and analytics software to help you gain insights and improve decisions. Continue reading below for more.
13+ Restaurant Business Intelligence & Analytics Software
1. POSist Restaurant POS
3. Plate IQ
8. Avero Slingshot
13. Mirus Enterprise
What is Restaurant Business Intelligence and Analytics?
Same as all businesses, operating restaurants is not simple. All the more when numerous restaurants are starting, amplifying business competition. That is why, as a restaurant owner, you will need continuous new ideas and cost-effective procedures to reach your business goals. You can use restaurant business intelligence and analytics software to help you generate insights leading you to improve the decision-making process. This restaurant software has numerous advanced features and functionalities, enabling you to collect and evaluate accurate data analytics of your business, giving you a complete understanding of your business, including your strengths and weaknesses. With this tool, you can enhance your business effectively and efficiently.
Restaurant business intelligence and analytics software provide numerous benefits and advantages to your business. It helps you collect the data you will need to find the weaknesses of your business, therefore, improve the said weaknesses. Manual methods are not enough to gather customer and competition information due to their limitations. With restaurant software, you can make your life easier.
Before you pay a membership fee to the platform you’re interested in, you should first learn about the software’s capabilities. There are various features and functionalities that technology companies offer. They differ in terms of advancement and dependability, which is why it is necessary to research and evaluate the software. There are various ways to check them. You can read reviews of software’s pros and cons from software comparison websites. Some software also offers free versions and trials, giving you a chance to check them first hand:
- Inventory Control
- Inventory Management
- Loyalty Program
- Business Dashboard
- Cash Management
- Customer Accounts
- Delivery Management
Top 10 Restaurant Business Intelligence and Analytics
Restaurant365 includes accounting integration, attendance management, automated scheduling, availability management, and more valuable features. Restaurant365 has annual revenue of $56 million and 386 employees.
Fishbowl includes demand forecasting, order fulfillment, quality management, shipping management, and more valuable features. Fishbowl has annual revenue of $25.7 million and 177 employees.
MarginEdge includes cost management, employee management, menu planning, recipe management, and more helpful features. MarginEdge has annual revenue of $25.1 million and 247 employees.
Craftable includes built-in accounting, kitchen/menu management, reporting/analytics, inventory management, and more advanced features. Craftable has annual revenue of $24 million and 129 employees.
5. Avero Slingshot
Through predictive decision making, web-based restaurant management software allows small restaurants to large hotel chains to manage the workforce, food costs, productivity, expenses, guest experience, and more. Avero has annual revenue of $22.9 million and 90 employees.
Zenput includes audit planning, compliance management, FDA compliance, incident management, and more helpful features. Zenput has annual revenue of $18 million and 124 employees.
7. POSist Restaurant POS
POSist Restaurant POS includes kitchen/menu management, delivery management, email marketing, point of sale (POS), and more advanced features. POSist has annual revenue of $16.8 million and 116 employees.
8. Plate IQ
UrbanPiper includes inventory management, eCommerce, sales tracking, loyalty program, and more contributive features. UrbanPiper has annual revenue of $8.4 million and 58 employees.
EagleOwl includes reservations management, waitlist management, online ordering, point of sale (POS), and more logical features. EagleOwl has annual revenue of more than $5 million and more than 25 employees.
Why are restaurants popular?
Restaurants are one of the first business choices of most businesspeople to start. As we all know, people love food as they find eating stress relieving, satisfying, relaxing, and more. Food is what people seek during vacations, holidays, and daily lives. That is why a restaurant is one of the most effective businesses known.
What exactly is business intelligence analytics?
Business intelligence and analytics are two different things but also have the same purpose and function. These two factors are essential in running a restaurant to collect relevant data such as customer behavior, business competitions, and business operations. Evaluating analytics helps you improve decisions leading to enhance performance and acquiring operational efficiency.
Why is software advantageous in restaurants?
As the world operates with technology, businesses rapidly adapt to its pace, including restaurants. Restaurants also utilize software to manage critical processes and factors that ensure the maintenance and development of the restaurant. The software has multiple features allowing you to generate ideas and process tasks within a single platform. The software also reduces costs, saves time and effort.
As we all know, business competition is getting more challenging. Restaurants are multiplying and improving due to the modern and convenient methods. That is why you will need to collect more insights and evaluate business processes to find ways to enhance your restaurant continuously. Restaurant business intelligence and analytics software as your technology partner is the best choice. Customer satisfaction and operational efficiency are what it can promise.
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