Shlomi Lavi /
Mar 10, 2022
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Bottom Line: Which is Better - LightSpeed or NetSuite for Retail?
NetSuite for Retail is more expensive to implement (TCO) than LightSpeed, and NetSuite for Retail is rated higher (96/100) than LightSpeed (93/100). LightSpeed offers users more features (20) than NetSuite for Retail (10).
Looking for the right Point of sale 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:
LightSpeed Vs. NetSuite
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...
NetSuite:
NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.
More than 12,000 high-growth and midsized companies and divisions of large enterprises...
Who is more expensive? LightSpeed or NetSuite for Retail?
The real total cost of ownership (TCO) of Point of sale 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 LightSpeed and NetSuite for Retail.
LightSpeed price starts at $69 per month , On a scale between 1 to 10 LightSpeed is rated 2, which is much lower than the average cost of Point of sale software. NetSuite for Retail accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 LightSpeed is rated 2, which is much lower than the average cost of Point of sale software.
Bottom line: NetSuite for Retail is more expensive than LightSpeed.
Which software includes more/better features?
We've compared LightSpeed Vs. NetSuite for Retail based on some of the most important and required Point of sale features.
LightSpeed: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts, Gift Cards, Mobile POS Capability, Print Receipt.
NetSuite for Retail: Bar Code Scanning, Credit Card Processing, Customer History, Customer Management, Discounts.
Target customer size
LightSpeed is an ideal product for all retail businesses of small and medium size. NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector.