Lightspeed Retail vs. TranZact

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Lightspeed Retail
Score 6.8 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
TranZact
Score 0.0 out of 10
N/A
TranZact is a cloud-based software that digitizes the business process for SMEs from customer inquiry to sales, to dispatch. The software offers users the tools to keep an eye on all their conversions and payment notifications as well as track all their purchases and stock movements from one platform. Tranzact helps its customers managing their core Business Activities like Purchase, Sales, Quotations, Inventory Management, Material Resource Planning (MRP),…
$0
Pricing
Lightspeed RetailTranZact
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
Lifetime Free
$0
Advanced
$212
per year
Ultimate
Custom
Offerings
Pricing Offerings
Lightspeed RetailTranZact
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup fee$63 one-time fee
Additional Details
More Pricing Information
Community Pulse
Lightspeed RetailTranZact
Best Alternatives
Lightspeed RetailTranZact
Small Businesses
Square POS
Square POS
Score 10.0 out of 10
Webgility
Webgility
Score 9.3 out of 10
Medium-sized Companies
Epicor Eagle
Epicor Eagle
Score 8.0 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 RetailTranZact
Likelihood to Recommend
7.7
(13 ratings)
-
(0 ratings)
Usability
10.0
(1 ratings)
-
(0 ratings)
Support Rating
9.8
(4 ratings)
-
(0 ratings)
User Testimonials
Lightspeed RetailTranZact
Likelihood to Recommend
Lightspeed
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.
Read full review
FCB Technologies Ltd.
No answers on this topic
Pros
Lightspeed
  • Lightspeed Retail has great reports that are very easy to read and understand.
  • Lightspeed Retail is great to train new employees on because of its ease of use. There are not lots of different things that you have to learn just basics.
Read full review
FCB Technologies Ltd.
No answers on this topic
Cons
Lightspeed
  • With a larger SKU assortment size, the software really starts to struggle with doing physical inventory after scanning in a few hundred items.
  • Several times throughout each year Lightspeed went down on us (not our internet connection but actually Lightspeed verified).
  • Special order system could use a lot of modern improvements (ability to schedule ahead of time, etc.)
  • Reports are very basic, and will likely require there Lightspeed Analytics to actually get reports useful for day to day operations.
  • Weak system for receiving purchase orders.
  • Does not handle items and cases for reordering very well. Have used multiple Point of Sale systems in the past 10 years that allow to set reorder points based on single items, but reorder the case automatically, Lightspeed has no support for this.
Read full review
FCB Technologies Ltd.
No answers on this topic
Usability
Lightspeed
Very easy to use and figure out without calling customer support which is also very responsive and helpful.
Read full review
FCB Technologies Ltd.
No answers on this topic
Support Rating
Lightspeed
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.
Read full review
FCB Technologies Ltd.
No answers on this topic
Alternatives Considered
Lightspeed
Lightspeed is faster, sleeker and more modern than our previous POS system. I can’t express enough how easy the online store portion of Lightspeed is - it just intuitive and sometimes, is TOO easy, I feel like I have to be forgetting something. Lightspeed is staying modern and current where our previous POS was not
Read full review
FCB Technologies Ltd.
No answers on this topic
Return on Investment
Lightspeed
  • Certainly has saved money on cash-outs/ accounting due to QuickBooks integration.
  • Faster processing through tills means happier customers and more sales per hour.
  • Expensive product at $5K a year has taken away some profitability for this small business. It's way, way over priced.
Read full review
FCB Technologies Ltd.
No answers on this topic
ScreenShots

TranZact Screenshots

Screenshot of Your all-in-one dashboard on the cloud.
✓ Track overall health of your business in real-time
✓ Keep an eye on your quotation to order conversion
✓ Get timely payment by automated notifications and remindersScreenshot of Track all your Purchase and Sales Transactions
✓ Get a timeline view of every activity in sales and purchase transactions
✓ Post comments real-time and tag your team members for better collaboration
✓ Faster documentation and proactive tracking always keeps you ahead of deadlinesScreenshot of Complete visibility of your stock movement
✓ Quickly glance at available stock while receiving new order
✓ Prevent shortage of critical raw material
✓ Use barcode to achieve end-to-end item tracing