Compare Preferred POS and LightSpeed - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - Preferred POS or LightSpeed?

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:

Preferred POS Vs. LightSpeed

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...

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...

Who is more expensive? Preferred POS or LightSpeed?

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 Preferred POS and LightSpeed.

Preferred POS price starts at $89.95 per license , On a scale between 1 to 10 Preferred POS Software is rated 2, which is much lower than the average cost of Point of sale software. LightSpeed price starts at $69 per month , When comparing LightSpeed to its competitors, the software is rated 2 - much lower than the average Point of sale software cost.

Bottom line: Preferred POS cost is around the same cost of LightSpeed.

Which software includes more/better features?

We've compared Preferred POS Vs. LightSpeed based on some of the most important and required Point of sale features.

Preferred POS: Sales Management, Retail & POS, Retail, Inventory Management, Barcode Scanning.

LightSpeed: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts.

Target customer size

Preferred POS's typical customers include: Small businesses and start ups, LightSpeed is an ideal product for all retail businesses of small and medium size.