Aloha POS Hawaii Restaurant Software ROI

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Do you want to keep more of your restaurant profits? Learn how Aloha POS, the best restaurant software for point of sale that increases restaurant efficiency while helping you maximize profits and …

Do you want to keep more of your restaurant profits? Learn how Aloha POS, the best restaurant software for point of sale that increases restaurant efficiency while helping you maximize profits and the value of your investment.

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  • 1. ROI Overview Presented by Run Not Only a Successful Restaurant, But Run a Profitable Business!
  • 2. What is Return on Investment (ROI)? ROI occurs when a company realizes – - An increase in revenue - A reduction of cost (or) - An avoidance of cost as a result of investment in Aloha POS Increase Revenue Decrease Cost Eliminate Cost
  • 3. Known Issues
    • Labor Management Cost – employees clock in early & clock out late
    • Internal theft challenges, no cash control.
    • Processing Order Challenges, manual checks increase errors and lost revenue.
    • Speed of Service - during heavy traffic times, the speed of service deteriorates, customers walk out.
    • Food and drink items being given away free or wrong items being served, lost revenue.
    • Administrative Challenges - Managing specific menus and happy hour and special event price changes, results in higher costs and lower revenue.
    • No Tractable Gift Card Program, loss of potential sales.
  • 4.
    • Restaurant manager believes that 50% of employees may be taking advantage of ability to clock in early / clock out late:
    • - 10 employees on staff / average pay rate is $10
    • - Manager believes 5 employees clock in up to 30 minutes too early or too late everyday
    • - Incurred un-necessary payroll costs reduces bottom line profit
    Time and Attendance/ Enforcing Punctuality Saves $9,100 Per Year Solutions: Utilize Aloha POS Time & Attendance to manage employee schedule. Use employee ID cards to enforce on-time clock in and clock out. Scheduling and controlling Time and Attendance for five employees can reduce payroll costs by $18,200 per year. Estimated ROI based on assumptions: (5 employees x .5 hrs) = 2.5 hours per day 2.5 hours X $10/hour = $25 / day savings 7 days X $50 / day = $175 / week savings 52 weeks X $350 / day = $9,100 / year savings Benefits: Aloha POS decreases payroll costs by $9,100 per year. Process payroll in less time and reduce administrative cost.
  • 5.
    • Restaurant manager believes that 4 employees skim cash from sales transactions by voiding checks or recording no sales.
    • Example: Customer pays check for full amount $39.18 Server then applies coupon to check for free dessert
    • Server pockets $4.99 + additional tax. Even if it happens even just once a day for a month: that is $150 per month per employee.
    Solutions: Utilize Aloha Restaurant Guard to track all voids, comps and promotions. Print reports that tracks all voids, comps and promotional give-away by employees. Tracking voids, comps and promotions can reduce internal theft challenges by $7,200 per year. Estimated ROI based on assumptions: ( 4 employees x $150 / month) = $600 per month 12 months X $600 / month = $7,200 / year savings Benefits: Aloha POS decreases employee theft costs by $7,200 per year. Increase speed of service and reduce math errors by automating your POS with Aloha. Intelligent Comps & Promotions Tracking Saves $7,200 per year
  • 6.
    • Restaurant has on average 4 incorrect orders daily due to special request made late or sent to the kitchen inaccurate on the initial order. Waiters coming into kitchen to talk to cooks to prepare a replacement order.
    Solutions: Utilize Aloha POS On Screen Qwerty keyboard and Hold and Fire features to enter order accurately and to communicate with kitchen staff properly. Estimated ROI based on assumptions: 4 incorrect orders X $8 per order = $32 extra in food cost daily $32 per day x 30 days = $960 per month extra in food cost $960 / month x 12 month = $11,520 / year savings in food cost Benefits: Aloha POS decreases employee mistakes in food cost by $11,520 per year. In addition, increase speed of service and accuracy by automating POS with Aloha. On Screen Qwerty Keyboard & Hold and Fire Saves $11,520
  • 7.
    • During heavy traffic times the speed of service deteriorates; customers walk out and restaurant lose potential income.
    Solutions: Using the Fast Cash feature in Aloha POS, a bar tender could serve more drinks or a waiter could sell more food items in that same time period of time. Estimated ROI based on assumptions: Using the fast cash feature, he could serve 5 more beers or food items. 5 more orders X $4 per order = $20 extra income daily $20 per day x 30 days = $600 per month extra income $600 / month x 12 month = $7,200 per year extra income Benefits: Aloha POS increase speed of service and $7,200 additional income by automating POS with Aloha. Fast Cash Increase Sales By $7,200
  • 8.
    • Customers walk out from the bar without paying their tabs or credit card has reached credit limit on an open tab.
    Solutions: Use Aloha Credit Card Pre-Authorization feature and prevent loss of revenue. Estimated ROI based on assumptions: Restaurant has an average of 2 unpaid tabs per night. Average bar check is $15. 2 unpaid bar tabs per night X $15/check = $30 lost per night $30 per night X 6 nights = $180 per week $180 per week X 4 weeks = $720 Per month $720 per month X 12 months = $8,640 a year Benefits: Aloha POS decreases your loss of income by $8,600 per year. Credit Card Pre-Authorization Saves $8,600
  • 9.
    • Administration Challenges: Managing specific happy hour menus and price changes for special event menus.
    Solutions: Use Aloha Event Management Feature to schedule happy hour or special event menu and pricing to start and end at a certain time. This feature reduces administrative time and potential loss of revenue due to selling items at reduced happy hour price. Estimated ROI based on assumptions: Happy Hour is from 4pm – 7pm Monday – Friday. Regular prices go back into effect at 7:01pm every weekday night. During happy hour, Beer is $1.50 off, wine is $1.00 less, and all well liquor is $1.50 off. 10 more beers sold for one hour after HH is over - $15.00 10 more glasses of wine sold for one hour after HH is over - $10.00 10 more well liquor drinks sold for one hour after HH is over - $15.00 Increase in revenue: $25 per day, $175 per week, $9,100 per year Benefits: Aloha POS Event Manager decreases your administrative cost and increase income. Event Management Increase Revenue By $9,100
  • 10.
    • Gift Card
    Solutions: By implementing a tractable gift card program you could realize significant annual revenue thru repeat business. Increased sales – statistically gift cards increase annual revenue by 5 to 15%. A moderate 5% increase on $2,500000 annual sales will generate your business an additional $125,000 due to gift card sales. Benefit: Increase revenue, repeat business and brand awareness. Gift Card Increase Sales by 5% - 15%
  • 11.
    • ROI Summary and Benefits: It is all about saving on costs and making more profits to pay for Aloha POS System.
    $27,800 Cost Savings
    • Cost Reduction:
    • Reduce labor cost by $9100 per year due to labor management, employee scheduling and clock in & out control.
    • Prevent internal theft and increase cash by $7,200 per year due to Restaurant Guard theft control solution.
    • Reduce Food & Drink Costs by $11,500 per year due to improved order accuracy.
    • Total costs reduction: $27,800 per year
  • 12.
    • ROI Summary and Benefits: It is all about saving on costs and making more profits to pay for Aloha POS System.
    Annual $52,700 in additional Revenue and Cost Savings
    • Increased Revenue:
    • Increased revenue by $7,200 per year due to speed of service and fast cash feature.
    • Increase revenue by $9,100 per year due to happy hour price, menu and event management.
    • Increase revenue by $8,600 per year due to credit card pre-authorization.
    • Total Increased Revenue: $24,900 per year
    • You could realize $52,700 in additional revenue and cost savings per year by investing in Aloha POS system.
    • Increased revenue and cost reduction for five years is $220,500.
    • You will pay for the Aloha POS system with-in the first year if you implement Aloha POS today.
    $24,900 in additional Revenue