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Showing posts from July, 2024

SpotOn vs Toast POS

 SpotOn has 316 reviews and a rating of 4.34 / 5 stars vs Toast POS which has 516 reviews and a rating of 4.19 / 5 stars. Compare the similarities and differences between software options with real user reviews focused on features, ease of use, customer service, and value for money. Read the review

NCR Aloha vs Toast POS

 NCR Aloha has 26 reviews and a rating of 4.31 / 5 stars vs Toast POS which has 516 reviews and a rating of 4.19 / 5 stars. Compare the similarities and differences between software options with real user reviews focused on features, ease of use, customer service, and value for money. Read the review

Why companies are leaving the cloud

 Cost, not cloud Security issues and high project expectations were reported as the top motivators (33%) for relocating some cloud-based workloads back to on-premises infrastructures such as enterprise data centers, colocation providers, and managed service providers (MSPs). Read more

Toast or Square?

 Toast and Square both excel in payment processing, but the best choice depends on your business needs. Square has no startup or chargeback fees, and you only pay for swipes at a known rate—no surprises! While Toast is excellent for restaurants, Square is more versatile and also offers a restaurant POS feature. Read more about Toast/Square

Toast is popular, but not yet profitable

Toast's software platform is gaining popularity, but the company is still facing significant financial losses. In the first quarter of 2024 alone, Toast lost $83 million, and the total loss for the past year reached $248 million. The company is operating at a loss to achieve a substantial market presence, but there's no assurance it will become profitable. Currently, the stock is trading at around 58 times the projected adjusted earnings for this year, before accounting for interest, taxes, depreciation, and amortization (EBITDA).