IQmetrix vs. Lightspeed Retail

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IQmetrix
Score 7.0 out of 10
N/A
Vancouver-based IQmetrix offers their retail management system (RMS), supporting the telecom industry with point-of-sale (PoS), inventory management, CRM, and other features.N/A
Lightspeed Retail
Score 6.2 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
Pricing
IQmetrixLightspeed Retail
Editions & Modules
No answers on this topic
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
Offerings
Pricing Offerings
IQmetrixLightspeed Retail
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
IQmetrixLightspeed Retail
Top Pros

No answers on this topic

Top Cons
Best Alternatives
IQmetrixLightspeed Retail
Small Businesses
Lightspeed Retail
Lightspeed Retail
Score 6.2 out of 10
Square POS
Square POS
Score 9.1 out of 10
Medium-sized Companies
Epicor Eagle
Epicor Eagle
Score 8.2 out of 10
Epicor Eagle
Epicor Eagle
Score 8.2 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
IQmetrixLightspeed Retail
Likelihood to Recommend
7.0
(1 ratings)
6.4
(13 ratings)
Usability
-
(0 ratings)
10.0
(1 ratings)
Support Rating
8.0
(1 ratings)
9.8
(4 ratings)
User Testimonials
IQmetrixLightspeed Retail
Likelihood to Recommend
IQmetrix
RQ is great for pulling sales and tax-related information. Inventory tracking depends on manual entry being done correctly.
Read full review
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.
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Pros
IQmetrix
  • Pulls details needed for proper research
  • Separate or combine multiple locations
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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
Cons
IQmetrix
  • Users have too much freedom to change key reporting information.
  • It has a hard time compiling large amounts of data.
Read full review
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
Usability
IQmetrix
No answers on this topic
Lightspeed
Very easy to use and figure out without calling customer support which is also very responsive and helpful.
Read full review
Support Rating
IQmetrix
I have had little need for support. But when needed, customer service was willing and available to help.
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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.
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Alternatives Considered
IQmetrix
Deltek is better for financial reporting. RQ has superior inventory and COGS tracking.
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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
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Return on Investment
IQmetrix
  • Effective in reporting sales and tax collected for sales and use filing
  • Reports sales with cost of goods to give correct net sales numbers
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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
ScreenShots