Toast POS Vs LightSpeed (Jan 2021)

Toast POS Vs. LightSpeed: Which is better?

Shlomi Lavi / Jan 05, 2021

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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:

Vendor comparison

Toast, Inc.: Toast is an all-in-one restaurant management system. We’re the partially brown, partially golden, never totally finished piece of toast. Our software is never going to be perfect in our minds. There will always be new features we can offer our customers, and a million ways we can continue to innovate and improve. We always strive to go above and beyond so any foodservice establishment looking to improve their operational efficiency and bottom line can take advantage of our software.

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 professionals to help us build, refine, and promote our revolutionary line of products.

Pricing/cost comparison

The real cost of Point of sale software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Toast POS TCO and LightSpeed total cost to help with the total cost of ownership calculation.

Toast POS price Starting from $75 per user/month , on a scale between 1 to 10 Toast POS is rated 2, which is much lower than the average cost of Point of sale software. LightSpeed price Starting from $69 per month , when comparing LightSpeed to their competitors, the software is rated 2 - much lower than the average Point of sale software cost.

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

Features and functionality

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 Toast POS Vs. LightSpeed based on some of the most important and required Point of sale features.
Toast POS: We are still working to collect the list of features of Toast POS. .
LightSpeed list of features include the following: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts, .

Target customer size

The common users of Toast POS are the entrepreneurs in the small business category (10-200 employees) and medium-sized (500 to 1,000) in the service market sectors needing IT, data processing and hosting and other related services, particularly the field of restaurants/food services and POS. LightSpeed is an ideal product for all retail businesses of small and medium size.