Many restaurants do not have Restaurant Management Software enabling a restaurant to run efficiently. Management software is usually modular enabling management of various departments in a restaurant. It is customized to ensure accuracy and comprehensive coverage of existing activities. The following tips contain an overview of what you may be missing as a manager: Flexibility: The software enables easy monitoring as the centralized database contains all the information in those departments. Menu analysis: If you are used to breaking down voluminous data and restructuring it to get valuable information, the software serves that function. It can calculate the profitability of each menu item and its contribution in the menu. Thus a manager can remove non-profitable items. Forecasting: Modern software is so intelligent that it can provide information on the effects of adding costs to some menu items. Thus, a manager can easily estimate the profits to be accrued. Accuracy: Humans are more susceptible to errors than computer software. Well developed software ensures precise processing of data, storage of information and distribution. This minimizes the losses caused by errors whose effect may be disastrous. Security: The software provides secure storage of confidential information by enabling password protection and off site back up in case of data loss. It helps manage the various access control levels ensuring employees and customers only get the relevant information they need. Reporting: Most software have built-in mechanisms that enable easy accounting and presentation of summarized information. When searching software for a restaurant, ask what reporting features it has. Transaction processing: Writing all transactions on a paper can be tedious and is error prone. Accordingly, correcting the mistakes renders the paper work untidy. A Restaurant Management Software package ensures neatness and enables easy working on credit cards using the Point Of...