NFS tech group

When it comes to EPOS and payment processing, do you source them from the same provider? For some hospitality businesses, doing that has been controversial — but done right, there are definitely upsides. So what’s are the two sides of the argument about EPOS/payment bundling? What to avoid: Your credit card provider gives you ‘free’  restaurant EPOS  software but bundles the contract. It means if you want to change the credit card payments provider, you have to change the point of sale into the bargain. An unscrupulous provider holds you to high processing charges for every transaction — and you can’t escape without investing in new restaurant EPOS. Some providers charge steep fees if you want to terminate your contract early. Some providers love to sell — but not happy about providing after-sales support. Not a great recipe for success is it? We saw a recent example where a large New York restaurant group got its fingers burned on a 10-year EPOS agreement th...

Here’s a strange fact that has a direct impact on you: the  events industry  is worth over £21 billion — but no-one is benchmarking it. What does it mean? Well, most conversations in hospitality are driven by performance: How are you doing? How is your year? What’s happening market-wise? But because there’s no real benchmarking, everyone relies on ‘year on year’ performance and ‘against budget’ to supply answers. What’s not taking place is logical conversations about how businesses are performing compared to the market and competitors — because those numbers weren’t available until now. For two years, we’ve been working on a unique project that will change the conversation in the M&E industry. We launched our groundbreaking and unique benchmarking service two years ago. And in addition to providing key data reference points never before been used, it’s helping those conversations to involve data. But as they say when it comes to data — if you put rubbish...

There’s a huge list of challenges facing  today’s restaurateurs  — costs, labour, waste, customer loyalty But maybe the biggest overarching challenge of all is this: How do I know I’m building a restaurant that’s ready to face the future? The pace of technological change is speeding up dramatically. When electricity was introduced, it was 30 years before it reached 10% of homes — but once we got smartphones, 40% of people had them within a decade. Restaurant clients have changed too, especially in recent years. Their fondness for casual dining in particular has soared, with diners now keen to eat and go within just 40 minutes. Online spenders Online ordering for delivery is another modern-day phenomenon. The analysts Deloitte point out that 40% of customers now prefer to place their orders online. When they do, they’re likely to spend up to 15% more — a significant factor for restaurants keen to boost their revenue. If you haven’t yet responded to this trend,...

What Can roomMaster Hotel Management Software do for You? With roomMaster you have at your fingertips all the powerful yet easy-to-use tools to manage and streamline all your hotel’s key operations. That includes front desk reservations, availability and bookings made via the web. roomMaster also handles food and beverage management, revenue accounting, sales ledger, housekeeping, sales and marketing — and much more. click here to know about nfs hotel management software:  https://www.nfs-hospitality.com/solutions/hotel-management-software/

The leading restaurant managment system which helps you generate revenue, control costs & improve the guest experience. Aloha restaurant EPOS Software will deliver: Effective loyality programmes Streamlined operations Faster table turns 100% failsafe Technology Reduced fraud Better business intelligence Click here to know more: https://www.nfs-hospitality.com/solutions/restaurant-epos/

It’s tough in 2019, as anyone in hospitality can tell you – so it’s just as well that technology has been evolving fast to give restaurants, pubs and bars the support they need to succeed. Smart establishments have turned to bar and restaurant management systems to slash costs and reduce waste. They also use it to grow revenue and control their stock, labour and even allergen risk effectively. Aloha by NFS, our well-regarded restaurant POS software, is a popular choice and recently teamed up with  Kitchen CUT  – a scalable SaaS technology that delivers control over food and beverage operations. Together, the technologies provide valuable control over areas that go all the way from cost reduction to ingredient selection and allergen warnings. This means chefs can design menus while keeping within budget, and reveals potential allergens in ingredients, so dishes are controlled to individual ingredient level. The live information is drawn through to each sub-recipe...

Industry expert Luis De Souza of NFS Technology Group  says digital dining has accessed every area of the industry; and it’s providing a valuable boost in challenging times. “Here’s your burger and fries, sir – would you like extra digital with that?” The answer from today’s diner is almost always a resounding yes, according to restaurant industry expert Luis De Souza. And he’s convinced that the digital transformation trend is truly engaging the UK restaurant industry could well provide answers to some of today’s challenges. “We’ve seen an extraordinary pace of change in diner behaviours over the past few years, and restaurants are having to work hard to keep up with it,” said Luis, chief executive of Restaurant Show exhibitors NFS Technology Group. The changing digital landscape The trends he is talking about affect both in-restaurant and takeaway eating and are affecting everything in the casual and fast-casual dining sectors. To-go consumers used to call...

Digital transformation is a phrase that is thrown about in modern workplaces these days – but what does it actually mean and, more importantly, what does it specifically mean for your restaurant? Well, it means a lot more than you may think. As the name suggests, there’s a technical element – but it’s also about how the technology can help people solve traditional problems in new ways. As a spin off, it can often involve organisations streamlining their operations and removing obstacles such as mountains of paper. If you think the UK has reached a high level of digitalisation, you’re mistaken, even though companies and individuals are investing so much time and money in technology. According to the  McKinsey Global Institute’s Industry Digitization Index , the UK has only reached 17% of its full digital potential. So for the UK economy, the potential and scope for digital services is unbounded. Digital transformation is affecting many areas of our lives includin...