Compare LightSpeed and Oracle Financials ERP Cloud - Jan 2023

Shlomi LaviShlomi Lavi / Jan 26, 2023

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Bottom Line: Which is Better - LightSpeed or Oracle Financials ERP Cloud?

Oracle Financials ERP Cloud is more expensive to implement (TCO) than LightSpeed, and LightSpeed is rated higher (93/100) than Oracle Financials ERP Cloud (80/100). LightSpeed offers users more features (20) than Oracle Financials ERP Cloud (5). There is a clear winner in this case and it is LightSpeed!

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. Oracle Corporation

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...

Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...

Who is more expensive? LightSpeed or Oracle Financials ERP Cloud?

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 Oracle Financials ERP Cloud.

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. Oracle Financials ERP Cloud price starts at $4.25 per month , When comparing Oracle Financials ERP Cloud to its competitors, the software is rated 8 - higher than the average Point of sale software cost.

Bottom line: Oracle Financials ERP Cloud is more expensive than LightSpeed.

Which software includes more/better features?

We've compared LightSpeed Vs. Oracle Financials ERP Cloud 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.

Oracle Financials ERP Cloud: Accounts Payable, Accounts Receivable, Core Accounting, Fixed Asset Management, Asset Tracking.

Target customer size

LightSpeed is an ideal product for all retail businesses of small and medium size. The typical customers utilizing Oracle Financials ERP Cloud are those in small (10-100 employees) to medium-sized (100-1,000 employees) businesses as well as in larger enterprises of wide market sectors depending on IT, data processing and hosting and related services industry, mostly in the field of store retailing, financial management and end-to-end business management.

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.

Oracle Financials ERP Cloud

ITQlick rating
(4.2/5)

starts at $4.25 per month

The Oracle Financials ERP Cloud is a cloud-based software designed to provide end-to-end business management tool to the users. It is also integrated with financial management solution.

Categories: Fixed Asset Management, Core Accounting, Construction, Capital Program Management, Construction Apps.

Compare specifications

Compare features

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

Oracle Financials ERP Cloud: 5 Features

Accounts Payable
Accounts Receivable
Core Accounting
Fixed Asset Management
Asset Tracking
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
LightSpeed
ITQlick rating
4.2/5
Score
93/100
Pricing
2.6/10
License pricing
$69 per month
Functionality
44
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ITQlick rating
4.2/5
Score
80/100
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8/10
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Functionality
23
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Score
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ITQlick rating
3.7/5
Score
91/100
Pricing
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5
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ITQlick rating
4.7/5
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19

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.