Compare LightSpeed and RetailEdge - Apr 2022

Shlomi LaviShlomi Lavi / Apr 26, 2022

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Bottom Line: Which is Better - LightSpeed or RetailEdge?

LightSpeed is more expensive to implement (TCO) than RetailEdge, LightSpeed is rated higher (93/100) than RetailEdge (85/100). RetailEdge offers more features (22) to their users than LightSpeed (20).

Looking for the right Point of sale solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How LightSpeed compares with Retail Edge?

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...

Retail Edge: Retail POS Software Provides an easy to use solution POS Software RetailEdge POS Software has been helping businesses with their inventory, point of sale, customer and order tracking needs for over 20 years. RetailEdge point of sale software is easy to install, inexpensive and has many powerful features that most POS solutions charge thousands...

Who's more expensive? LightSpeed or RetailEdge?

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 & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for LightSpeed and RetailEdge.

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. RetailEdge price starts at $495 per license , when comparing RetailEdge to their 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 RetailEdge.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared LightSpeed Vs. RetailEdge 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. RetailEdge: Accounting Management, Age Verification, Bar Code Scanning, Buy X, Get Y Pricing, Credit Card Processing.

Target customer size

LightSpeed is an ideal product for all retail businesses of small and medium size. RetailEdge’s POS and inventory management system can be used by both single store and multiple store owners.

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.

RetailEdge

ITQlick rating
(4.7/5)

starts at $495 per license

RetailEdge is an on-premise retail point-of-sale software solution that is designed to serve the small and mid-size businesses. With the software, a user can manage to have multiple location support as well as ...

Categories: Consignment POS, Convenience Store POS, Grocery POS, Hardware Store POS, Liquor Store POS.

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

RetailEdge: 22 Features

Accounting Management
Age Verification
Bar Code Scanning
Buy X, Get Y Pricing
Credit Card Processing
Customer History
Customer Management
Discounts
eCommerce
Employee Management
Gift Cards
Inventory Management
Layaways & Quotes
Mobile POS Capability
Multiple Payment Forms
Price Lookup
Print Receipt
Receipt Notes
Reporting
Revenue Totals
Sales Commissions
Sell when Server/Network Down
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
Compare
RetailEdge
ITQlick rating
4.7/5
Score
85/100
Pricing
2/10
License pricing
$495 per license
Functionality
32
Toast PO...
ITQlick rating
4.3/5
Score
98/100
Pricing
2.8/10
License pricing
$165 per month
Functionality
10
Clover
ITQlick rating
3.7/5
Score
91/100
Pricing
6/10
License pricing
$9.95 per month
Functionality
5
Review
PHP Poin...
ITQlick rating
4.7/5
Score
91/100
Pricing
2.8/10
License pricing
$28.25 per month
Functionality
19

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.