These days, a POS system is a fundamental piece of infrastructure for successful businesses. Using a point of sale system with top-notch reporting and analytics will eliminate guesswork and help you make critical business decisions with data.

Check out this article to learn how you can use point of sale reports to drive vital business decisions.

What are Point of Sale Reports?

With the right reporting capabilities, your POS reports will display various data points that’ll help you make informed decisions about your business.

These reports include (but are not limited to) sales reports, inventory reports, employee and customer reports, accounting and labor reports. Your POS system tracks and records every transaction at the point of purchase and generates reports based on this information.