Compare BusinessMind and LightSpeed - Jun 2022

Shlomi LaviShlomi Lavi / Jun 16, 2022

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Bottom Line: Which is Better - BusinessMind or LightSpeed?

BusinessMind is more expensive to implement (TCO) than LightSpeed, and LightSpeed is rated higher (93/100) than BusinessMind (83/100). LightSpeed offers users more features (20) than BusinessMind (12). There is a clear winner in this case and it is LightSpeed!

Looking for the right Jewelry Store POS solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

DCIT Corporation Vs. LightSpeed

DCIT Corporation: DCIT Corporation is the developer of BusinessMind, a simple, easy-to-use, yet powerful management application for small businesses. DCIT also provides customized information technology solutions and provides supporting services such as cloud based hosting and backup.

LightSpeed: LightSpeed, a leading technology company that is reinventing the retail experience for iGeneration shoppers, today announced the closing of a US$30 million investment from Accel Partners. We produce the most compelling retail business solution on any platform and help retailers attain their business aspirations. We are seeking out talented profes...

Who is more expensive? BusinessMind or LightSpeed?

The real total cost of ownership (TCO) of Jewelry Store POS software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BusinessMind and LightSpeed.

BusinessMind price starts at $195 per user/month , On a scale between 1 to 10 BusinessMind is rated 6, which is similar to the average cost of Jewelry Store POS software. LightSpeed price starts at $69 per month , When comparing LightSpeed to its competitors, the software is rated 2 - much lower than the average Jewelry Store POS software cost.

Bottom line: BusinessMind is more expensive than LightSpeed.

Which software includes more/better features?

We've compared BusinessMind Vs. LightSpeed based on some of the most important and required Jewelry Store POS features.

BusinessMind: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounting Management, Bar Code Scanning, Consignment, Credit Card Processing, Customer History, Customer Management, eCommerce, Employee Management.

LightSpeed: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts.

Target customer size

The software is viable product for businesses of all sizes. LightSpeed is an ideal product for all retail businesses of small and medium size.

BusinessMind

ITQlick rating
(3/5)

starts at $195 per user/month

BusinessMind is a point of sale management solution for jewelry businesses of all sizes. It offers such services as inventory management, accounting management, and reporting etc. The software was desig...

Categories: Barcoding, Supplier Management, Retail & POS, Jewelry Store POS.

LightSpeed

ITQlick rating
(4.2/5)

starts at $69 per month

LightSpeed software is a point of sale solution that helps retailers run their businesses. The solution has a number of capabilities that include merchant services that manage all transactions from one place an...

Categories: CRM, Inventory Management, Bookstore POS, Cell Phone Store POS, Clothing Store Inventory POS.

Compare specifications

Compare features

BusinessMind: 12 Features

Accounting Management
Bar Code Scanning
Consignment
Credit Card Processing
Customer History
Customer Management
eCommerce
Employee Management
Gift Cards
Inventory Management
Reporting
Sales Commissions

LightSpeed: 20 Features

Customer Database
Email Marketing
Bar Code Scanning
Credit Card Processing
Discounts
Gift Cards
Mobile POS Capability
Print Receipt
Receipt Notes
Refunds
Returns
Revenue Totals
Shipping/Delivery Setup
Accounting Integration
Barcode Integration
Inventory Optimization
Purchasing
RFID Integration
Traceability
Vendor Managed Inventory
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
BusinessMind
ITQlick rating
3/5
Score
83/100
Pricing
6.2/10
License pricing
$195 per user/month
Functionality
23
Compare
LightSpeed
ITQlick rating
4.2/5
Score
93/100
Pricing
2.6/10
License pricing
$69 per month
Functionality
44
Ace Reta...
ITQlick rating
4.5/5
Score
88/100
Pricing
5.2/10
License pricing
$675 per license
Functionality
24
Smartwerks
ITQlick rating
4.5/5
Score
86/100
Pricing
2.6/10
License pricing
$119 per month
Functionality
43
Diamond ...
ITQlick rating
5/5
Score
84/100
Pricing
3/10
License pricing
$35 per user/month
Functionality
30

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.