Compare RetailEdge and LightSpeed - Nov 2022

Shlomi LaviShlomi Lavi / Nov 23, 2022

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Bottom Line: Which is Better - RetailEdge or LightSpeed?

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

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:

Retail Edge Vs. LightSpeed

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...

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? RetailEdge 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 RetailEdge and LightSpeed.

RetailEdge price starts at $495 per license , On a scale between 1 to 10 RetailEdge 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: RetailEdge cost is around the same cost of LightSpeed.

Which software includes more/better features?

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

RetailEdge: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounting Management, Age Verification, Bar Code Scanning, Buy X, Get Y Pricing, Credit Card Processing, Customer History, Customer Management, Discounts.

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

Target customer size

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



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.

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, Clothing Store Inventory POS.

Compare specifications

Compare features

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

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
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
RetailEdge
ITQlick rating
4.7/5
Score
85/100
Pricing
2/10
License pricing
$495 per license
Functionality
32
Compare
LightSpeed
ITQlick rating
4.2/5
Score
93/100
Pricing
2.6/10
License pricing
$69 per month
Functionality
44
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

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.