How much should you sell, or expect to sell, on average each month?
How much do you spend, or expect to spend, each month on stock?
What’s the cost of one of your employees working for one hour?
Cut down on waste
Hospitality businesses waste 11% of their food, Panda EPOS halves this by providing accurate inventory levels, and by removing miss-communication with the kitchen.
Staff discount
Hospitality businesses discount on average 2% of their revenue. With effective monitoring of staff discount rates, and role-based restrictions Panda EPOS customers see a 30% reduction in discounting.
Theft
Typically, Stock theft is 5% of cost for hospitality, 43% of this theft is by employees. Audit-controls, reporting and secure staff access reduces this by half.
Increase upsells & cross-sells
Automatic popups alerting staff to available upsells and cross-sells, together with staff coaching, improve the average order size by +5% which in turn increases your gross margin.
Admin hours
Automated reporting and faster stock-taking means Panda EPOS customers save an average of 5 hours a week on admin, after their initial implementation.
Loyalty module
If you purchase this option you’re able to offer your own points and rewards, this drives repeat business. Typically loyalty schemes drive repeat business and increase gross margin by +7% .
annually
weeks
All cost-savings provided by this ROI calculator are estimates and individual savings will vary. Panda EPOS does not guarantee these savings will be achieved. No business decisions should be made without you qualifying the purchase yourself, and conducting your own research. Full terms and conditions available at www.pandaepos.com/terms.
How much do you sell, or expect to sell, on average each month?
What’s the cost of an employee working for one hour in your business?
Non-moving inventory
On average 40%+ stock is non-moving resulting in wastage and or discounting/sales to clear stock. Panda EPOS shows your under-selling products, reducing over-ordering, waste and or discounting by an overall 4%.
Retail businesses discount on average 4% of their total revenue. With effective monitoring of staff discount rates, and role-based restrictions, Panda EPOS customers can see a 30% reduction in staff discounting.
Shrinkage
Stock shrinkage is on average 2.90% of cost with 35% of this theft by employees, 16% from internal errors. Panda EPOS can halve these losses.
Automatic popups alerting staff to available upsells and cross-sells, together with staff coaching, improve the average order size by +4% with improvement in gross profits.
Automated reporting and faster stock-taking Panda EPOS customers save an average of 5 hours a week on admin, after their initial implementation.
Increase in Loyalty Sales
If you purchase the Customer Loyalty Module you’re able to offer your own loyalty scheme, rewards and points, which drives repeat business and increase revenue by +4%.
3weeks
