Compare NetSuite for Retail and Lumos - Feb 2023

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite for Retail or Lumos?

NetSuite for Retail is more expensive to implement (TCO) than Lumos, and NetSuite for Retail is rated higher (96/100) than Lumos (79/100). NetSuite for Retail offers users more features (10) than Lumos (0).

Looking for the right Retail & 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:

NetSuite Vs. LUMOS Point of Sale

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...

LUMOS Point of Sale: LUMOS Point of Sale was founded in 2013 and is a state of the art full service Point of Sale application that runs on an iPad. Our developers have fused their experience in both software design and retail to produce a POS system specifically for the small to medium sized business. Our easy-to-use software puts you in control of your business by gi...

Who is more expensive? NetSuite for Retail or Lumos?

The real total cost of ownership (TCO) of Retail & 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 NetSuite for Retail and Lumos.

NetSuite for Retail accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 NetSuite for Retail is rated 6, which is similar to the average cost of Retail & POS software. Lumos price starts at $29.95 per month , When comparing Lumos to its competitors, the software is rated 2 - much lower than the average Retail & POS software cost.

Bottom line: NetSuite for Retail is more expensive than Lumos.

Which software includes more/better features?

We've compared NetSuite for Retail Vs. Lumos based on some of the most important and required Retail & POS features.

NetSuite for Retail: Bar Code Scanning, Credit Card Processing, Customer History, Customer Management, Discounts, eCommerce, Inventory Management, Print Receipt.

Lumos: We are still working to collect the list of features for Lumos.

Target customer size

NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector. Customers of the software mainly include small and medium retail businesses of a variety of types.