ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

PAR Technology Unveils PAR POS Fall Release: Paving the Future of Restaurant Operations

Introducing our Next-Generation POS with QR Code Pay-at-the-Table, RESTful In-Store API, and Multi-Lane Drive-Thru Enhancements

The restaurant industry is evolving, and so are the tools that power exceptional guest experiences. ParTech, Inc. (PAR), a global leader in foodservice technology solutions, today announced the launch of the PAR POS Fall Release, introducing significant advancements in point-of-sale technology. This update brings a next-generation platform, and cutting-edge features designed to enhance operational efficiency, boost customer satisfaction, and future-proof restaurants in an ever-changing landscape.

From contactless payment options to multi-lane drive-thru innovations, the Fall Release sets a new benchmark for restaurants aiming to meet modern demand with speed, reliability, and flexibility.

"With this release, we’re pushing the boundaries of what restaurant technology can achieve," said Savneet Singh, CEO of PAR Technology. "The PAR POS Fall Release brings forth impactful solutions, like QR code payments, native digital wallets, and new order modes, transforming how restaurants engage with their customers. Our evolved architecture ensures restaurants are equipped to stay ahead of industry and business demands, enhancing every facet of their service delivery."

Key Features of the Fall Release

  • Pay-at-the-Table via QR Code with PAR Pay and CheckPlease

    Contactless payments are transforming how restaurants operate. Through its partnership with CheckPlease, PAR Pay now allows guests to settle checks instantly via QR codes on their mobile devices. Perfect for table service, drive-thru, and to-go orders, this solution delivers a frictionless checkout experience with flexible payment options. It helps speed up table turnover, boosts average tips by 16%, and allows staff to focus on delivering exceptional service.

  • Platform Extensibility and More Control Over Your Data

    Restaurants will be able to integrate kiosks, menu boards, and other external systems directly within the restaurant via local RESTful API endpoints. This in-store integration bolsters independence from the cloud, further strengthening in-store reliability, even during internet outages. Guests will enjoy faster, more responsive ordering experiences since the data is processed locally. Additionally, with this release, PAR POS strengthens restaurant data management by allowing restaurants to organize and categorize information with custom labels, identifiers, and brand-specific terms, making data easier to find, analyze, and export to third-party platforms. This extends data consistency across systems and enables more targeted, informative reporting.

  • Faster, More Accurate Ordering

    With Rapid Promo Entry, restaurants can now automatically apply promotion items to orders with a simple promo code, speeding up transactions and reducing errors. This streamlined approach ensures both ease and accuracy at the point of sale. Additionally, the new On the Fly, One Behind Ordering feature allows for natural guest ordering by holding items back from the kitchen display until the next one is started. This gives time to finalize modifiers, preventing early preparation, reducing errors, and cutting down on food waste. It’s designed to enhance kitchen efficiency and improve both speed and service quality.

  • Multi-Lane Drive-Thru Enhancements

    The new Multi-Lane Drive-Thru Enhancements allow a default register to be assigned to an Order Confirmation Board (OCB), persisting day-to-day to eliminate the need for repeated setup. An indicator on the register shows the assigned OCB, improving visibility and order accuracy while reducing labor effort and staff frustration. This feature builds on earlier innovations, including larger order preview panels and drag-and-drop order re-sequencing in-lane and on the kitchen display system (KDS).

Redefining Restaurant Success

The PAR POS Fall Release reflects PAR’s ongoing commitment to evolving technology for the restaurant industry. Its modular architecture delivers faster updates and enhanced in-store performance, ensuring flexibility to meet future challenges.

The Future of Restaurant Management Starts Now

The rollout of the latest version of PAR POS begins in Q4 2024, ushering in a new era of restaurant operations built on agility, scalability, and innovation.

About PAR Technology

PAR POS, part of the product portfolio of PAR Technology Corporation (NYSE: PAR), offers cutting-edge point-of-sale solutions tailored for the restaurant industry. Our cloud-based platform enhances guest experiences, drives efficiency, and scales effortlessly. With seamless integration capabilities and an open API, PAR POS empowers restaurants to build their ideal tech stack. More than 100,000 restaurants in more than 110 countries use PAR’s restaurant point-of-sale, digital ordering, loyalty and back-office software solutions as well as industry-leading hardware and drive-thru offerings. To learn more, visit partech.com or connect with us on LinkedIn, X (formerly Twitter), Facebook and Instagram.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.