Lightspeed Retail vs. SalesBinder

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Lightspeed Retail
Score 6.9 out of 10
N/A
Lightspeed Retail is a retail PoS system from Lightspeed headquartered in Quebec. Core retail POS features are expanded on higher service tiers with ecommerce option and payments gateway, an accounting system, and a customer loyalty program.N/A
SalesBinder
Score 10.0 out of 10
N/A
SalesBinder is an online inventory management system which also combines an organization’s customers, sales leads, purchase orders, estimates, and invoices into one globally accessible place. This enables users to have real-time access to their inventory and all other business activities. Advanced functionality includes team collaboration, custom user permissions, inventory locations, detailed financial reports, low inventory notifications, as well as a complete Application Programming…
$0
per user
Pricing
Lightspeed RetailSalesBinder
Editions & Modules
Basic
$79.00 ($69.00)
per month (when billed annually)
Starter
$119.00 ($99.00)
per month (when billed annually)
Standard
$139.00 ($119.00)
per month (when billed annually)
Advanced
$189.00 ($169.00)
per month (when billed annually)
Pro
$259.00 ($229.00)
per month (when billed annually)
Enterprise
Contact Sales
Free
$0
per user
Bronze
$19
5 users
Silver
$49
25 users
Gold
$99
50
Offerings
Pricing Offerings
Lightspeed RetailSalesBinder
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsThere are no other hidden fees whatsoever, just the subscription price.
More Pricing Information
Community Pulse
Lightspeed RetailSalesBinder
Best Alternatives
Lightspeed RetailSalesBinder
Small Businesses
Square POS
Square POS
Score 10.0 out of 10
Webgility
Webgility
Score 9.1 out of 10
Medium-sized Companies
Epicor Eagle
Epicor Eagle
Score 7.9 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
Enterprises

No answers on this topic

SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Lightspeed RetailSalesBinder
Likelihood to Recommend
7.7
(0 ratings)
10.0
(0 ratings)
Usability
10.0
(0 ratings)
-
(0 ratings)
Support Rating
9.8
(0 ratings)
-
(0 ratings)
User Testimonials
Lightspeed RetailSalesBinder
Likelihood to Recommend
It is perfect for any small business looking for inventory control, Tracking purchase history, and just an all round easy to use software for retail and beyond. I would not use it if I have only a few hundred items or was a larger company that can afford to build my own POS software.
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SalesBinder works well for really anyone that needs to track inventory, and any small to medium business (even large if the product grows with you) that sells the inventory either internally or externally and where those "cash" transactions need to be tracked. Bringing this product into a large business with an existing large inventory may not be the best fit depending on the tools you already use - as this system works very well as a stand-alone. It will work anywhere no matter what, it just may not be the best solution for very large scale.
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Pros
  • Very very user friendly.
  • Easy iPad interface that is easy to upgrade to new hardware if an iPad breaks, etc.
  • On the Advanced plan the reporting is outstanding.
  • Very easy to train new employees, especially younger employees raised on phones and tablets.
  • We use their payments system and it's a very easy integration. I believe Stripe is their payment provider.
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  • Easily set up inventory
  • Easily make purchase orders
  • Easily set up drop ships
  • Easily make any necessary changes
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Cons
  • They have not had major updates to their system in years. The inventory system is stagnant. Although their inventory system is robust, it is outdated.
  • They do have 24-hour support, however, wait times are excessive and representatives have challenges understanding your issues.
  • Trying to get issues resolved can take months or never at all. Management is non-existent. Trying to reach a supervisor is impossible.
  • They have a culture of telling you what you want to hear but have no intentions of actually following through.
  • Lightspeed is a great solution if you are a small business just getting started. But if you are intending to grow and expand, Lightspeed will become detrimental to your growth.
  • The reporting/analytics is basic at best. They do offer paid options that are very expensive, but it is very robust. The basic reporting is very minimal.
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  • At the time I last used SalesBinder entering shipping for sales and such was not a feature, so we just created a $0.00 inventory item for FedEx with a Qty of 99 and changed the cost for each sale as needed.
  • At the last time I used SalesBinder there was a glitch that would duplicate an inventory item at random across all locations with a qty value of 11.
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Usability
Very easy to use and figure out without calling customer support which is also very responsive and helpful.
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No answers on this topic
Support Rating
I gave the rating of a 9 because ninety percent of the time when I talk to their support they're very helpful. One of the only real issues I have is there are times where the queue will be 7-9 people deep. When you have an error you don't know how to fix, sometimes this is very troubling. But overall their support is usually quick and friendly.
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No answers on this topic
Alternatives Considered
We used Microsoft Retail Management System before this and this was in a whole other league of its own with features and ease of use. I really like using Macs also. They are much more reliable and longer lasting than IBM or Similar computers. The cloud based system is great also so you do not have to have another unit to store you database on
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No answers on this topic
Return on Investment
  • I have to spend a lot less time training my employees because Lightspeed is so easy to use!
  • Keeping track of our inventory is as simple as clicking a few buttons.
  • Our online sales have grown tremendously since changing to Lightspeed
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  • Allowed us to easily track all incoming and outgoing inventory
  • Allowed us to help work backwards if inventory count was wrong
  • Provided an easy monthly statement to provide all departments ("customers") of all purchases and amounts owed in an easy to read format.
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ScreenShots

SalesBinder Screenshots

Screenshot of Inventory List