Shlomi Lavi /
May 16, 2022
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Bottom Line: Which is Better - LightSpeed or Preferred POS?
LightSpeed is more expensive to implement (TCO) than Preferred POS, and LightSpeed is rated higher (93/100) than Preferred POS (85/100). LightSpeed offers users more features (20) than Preferred POS (5).
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. Preferred POS
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...
Preferred POS: If you have your own computer, all you need to get started is the Preferred POS software. A touch screen monitor is not required to use the point of sale software but, it makes the sales process faster and easier. You can also scan your products that have bar codes for fast and accurate entry. Include our secure payment processing to avoid duplic...
Who is more expensive? LightSpeed or Preferred POS Software?
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 Preferred POS Software.
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. Preferred POS Software price starts at $89.95 per license , When comparing Preferred POS Software to its competitors, the software is rated 2 - much lower than the average Point of sale software cost.
Bottom line: LightSpeed cost is around the same cost of Preferred POS Software.
Which software includes more/better features?
We've compared LightSpeed Vs. Preferred POS 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.
Preferred POS Software: Sales Management, Retail & POS, Retail, Inventory Management, Barcode Scanning.
Target customer size
LightSpeed is an ideal product for all retail businesses of small and medium size. and Preferred POS Software's target customer size include: Small businesses and start ups.