Cloud-based point of sale (cloud-based POS) is a type of point-of-sale system where information for transaction processing comes from a remote cloud service. In general, POS refers to the place where purchases happen, for instance, at a cashier’s kiosk or at a hostess desk (or side table) at a restaurant. Instead of printing out lengthy reports for every shift, now you can access your insights from any smart device, such as your phone or tablet, and get updated sales, inventory, customer feedback and more. Real-time data means real-time solutions to situations before they become problems. Just think of the time and money you’ll save by identifying issues before they blow out of proportion.