Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Lightspeed Retail
Score 9.1 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
Microsoft Dynamics SL
Score 5.4 out of 10
N/A
Microsoft Dynamics SL is one of the ERP products in the Dynamics family. This product was acquired from Solomon 2000. The product is typically used by SMBs, particularly in project-based businesses (e.g. construction). It has strong accounting and project management capabilities.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 RetailMicrosoft Dynamics SLTranZact
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
No answers on this topic
Lifetime Free
$0
Advanced
$212
per year
Ultimate
Custom
Offerings
Pricing Offerings
Lightspeed RetailMicrosoft Dynamics SLTranZact
Free Trial
NoNoYes
Free/Freemium Version
NoNoYes
Premium Consulting/Integration Services
NoNoNo
Entry-level Setup FeeNo setup feeNo setup fee$63 one-time fee
Additional Details
More Pricing Information
Community Pulse
Lightspeed RetailMicrosoft Dynamics SLTranZact
Features
Lightspeed RetailMicrosoft Dynamics SLTranZact
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
8.5
2 Ratings
14% above category average
TranZact
-
Ratings
Pay calculation00 Ratings9.62 Ratings00 Ratings
Direct deposit files00 Ratings9.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
6.0
6 Ratings
21% below category average
TranZact
-
Ratings
API for custom integration00 Ratings6.06 Ratings00 Ratings
Plug-ins00 Ratings6.04 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
8.7
10 Ratings
4% above category average
TranZact
-
Ratings
Single sign-on capability00 Ratings7.49 Ratings00 Ratings
Role-based user permissions00 Ratings10.09 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
8.0
10 Ratings
9% above category average
TranZact
-
Ratings
Dashboards00 Ratings8.06 Ratings00 Ratings
Standard reports00 Ratings8.010 Ratings00 Ratings
Custom reports00 Ratings8.010 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
7.1
11 Ratings
8% below category average
TranZact
-
Ratings
Accounts payable00 Ratings6.011 Ratings00 Ratings
Accounts receivable00 Ratings6.08 Ratings00 Ratings
Global Financial Support00 Ratings6.02 Ratings00 Ratings
Primary and Secondary Ledgers00 Ratings6.63 Ratings00 Ratings
Journals and Reconciliations00 Ratings3.04 Ratings00 Ratings
Configurable Accounting00 Ratings8.03 Ratings00 Ratings
Standardized Processes00 Ratings6.03 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
5.7
6 Ratings
33% below category average
TranZact
-
Ratings
Inventory tracking00 Ratings5.06 Ratings00 Ratings
Location management00 Ratings6.03 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
6.2
4 Ratings
23% below category average
TranZact
-
Ratings
Pricing00 Ratings6.03 Ratings00 Ratings
Order entry00 Ratings3.04 Ratings00 Ratings
Credit card processing00 Ratings7.02 Ratings00 Ratings
Cost of goods sold00 Ratings7.03 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
5.7
4 Ratings
27% below category average
TranZact
-
Ratings
Billing Management00 Ratings6.02 Ratings00 Ratings
Cash and Asset Management00 Ratings7.33 Ratings00 Ratings
Travel & Expense Management00 Ratings5.01 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings6.32 Ratings00 Ratings
Period Close00 Ratings6.04 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
4.7
3 Ratings
47% below category average
TranZact
-
Ratings
Budgeting and Forecasting00 Ratings7.33 Ratings00 Ratings
Project Costing00 Ratings6.33 Ratings00 Ratings
Cost Capture00 Ratings2.12 Ratings00 Ratings
Capital Project Management00 Ratings8.01 Ratings00 Ratings
Project Revenue Recognition00 Ratings2.01 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
6.3
1 Ratings
16% below category average
TranZact
-
Ratings
Award Lifecycle Management00 Ratings6.01 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
6.0
1 Ratings
21% below category average
TranZact
-
Ratings
Production Management00 Ratings6.01 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Lightspeed Retail
-
Ratings
Microsoft Dynamics SL
6.0
1 Ratings
18% below category average
TranZact
-
Ratings
Inventory Planning00 Ratings6.01 Ratings00 Ratings
Best Alternatives
Lightspeed RetailMicrosoft Dynamics SLTranZact
Small Businesses
Square POS
Square POS
Score 9.1 out of 10
Zoho One
Zoho One
Score 9.3 out of 10
Webgility
Webgility
Score 9.6 out of 10
Medium-sized Companies
Epicor Eagle
Epicor Eagle
Score 8.0 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
Enterprises

No answers on this topic

24SevenOffice
24SevenOffice
Score 9.0 out of 10
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
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User Ratings
Lightspeed RetailMicrosoft Dynamics SLTranZact
Likelihood to Recommend
7.7
(13 ratings)
5.0
(18 ratings)
-
(0 ratings)
Likelihood to Renew
-
(0 ratings)
5.4
(8 ratings)
-
(0 ratings)
Usability
10.0
(1 ratings)
3.0
(7 ratings)
-
(0 ratings)
Availability
-
(0 ratings)
9.9
(2 ratings)
-
(0 ratings)
Performance
-
(0 ratings)
1.0
(1 ratings)
-
(0 ratings)
Support Rating
9.8
(4 ratings)
9.5
(4 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
1.0
(1 ratings)
-
(0 ratings)
Implementation Rating
-
(0 ratings)
9.0
(4 ratings)
-
(0 ratings)
Product Scalability
-
(0 ratings)
1.4
(2 ratings)
-
(0 ratings)
User Testimonials
Lightspeed RetailMicrosoft Dynamics SLTranZact
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
Microsoft
For a small to mid-size business, MS Dynamics SL is effective. We are capable of managing our finances with a very low risk of error. We have worked with MS Dynamics for almost 15 years and have more than doubled the size of our business in that time with very few issues from the program. We have exponentially increased our revenue and reporting demands and have found SL to be very dependable and stable. The program does have the occasional glitch and those are sometimes outside of the realm of expertise of our IT department. SL support is excellent, but their timeliness is not as urgent as ours.
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
Microsoft
  • Provides flexibility for complex project based cost accounting
  • Strong and flexible allocation processer for cost allocations, markups, and pricing
  • A "Flexible Billing" module under the project controller series that allows for multiple billing formats ranging from fixed price schedule of values, T&M or Cost Plus, and scheduled billing.
  • Flexible reporting with options using Crystal Reports, SSRS, a Quick Query tool, and ability to tie into MS Office tools such as MS Access and MS Excel
  • Tight integration with Financials, but also the ability to integrate with modules such as Sales Order, Inventory, and Field Service
  • Customization abilities ranging from a VBA (visual basic for application) foundation to allow customizing existing forms to the ability to use the SDK (Software Development Kit) to build more complex customizations that integrate with Dynamics SL.
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
Microsoft
  • Reporting in the Project module is lacking functionality. I understand that most companies have specific needs when it comes to tracking project information but the standard reports are not good.
  • I would recommend a product like Management Reporter that is for Projects only. Project Reporter should allow users to pull in all Project related data into reports.
  • Fixing suspended batches. Obviously all of us users have experienced this mess. SL knows what needs to be corrected and there could be some step by step fixes in a separate repair module to do the steps we do in Query Analyzer.
Read full review
FCB Technologies Ltd.
No answers on this topic
Likelihood to Renew
Lightspeed
No answers on this topic
Microsoft
Unfortunately, Dynamics' lack of ability to smoothly integrate with our CRM system is causing us to look at other solutions. The efficiencies that we gain by using Dynamics for our day to day accounting are lost in the constant headaches of getting sales quotes to import properly into the system for invoicing. Another major issue for us has been budgeting and reporting. We currently do all of our budgeting and board reporting in Excel, which is too time consuming and inefficient, especially when a system as robust as Dynamics should easily be able to handle this relatively simple task.
Read full review
FCB Technologies Ltd.
No answers on this topic
Usability
Lightspeed
Simply well designed with obvious icons per component, making it easy to interface with.
Read full review
Microsoft
I rate it a 10 because we have removed the fields we don't need so users can really crank the data into the system. The software was designed for the professional services firm in mind but does a tremendous job for construction firms and "blended" companies that are both distribution firms but project centric as well. Perhaps they drop ship inventory to a project where their employees or subs need to work on a project for example.
Read full review
FCB Technologies Ltd.
No answers on this topic
Reliability and Availability
Lightspeed
No answers on this topic
Microsoft
We have had only one unplanned outage for 2 hours in the last 30 months. We shut down for 30 min to 1 hour once a month, but that is for Microsoft OS updates to the servers. Being a 24/7 world wide operation, the reliability is really important. We do get an 8 hour window on the weekend that we can be down for a short period to install Microsoft Dynamics SL updates, but we do not have many of those. On our last version upgrade, we shut the users out at 9:30 am and were fully operational in less than 6 hours. The upgrade was New SQL server, New SL server and 2 new Citrix servers.
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
Microsoft
Support is only used when needed, so unfortunately ,they get all the odd issues. It's a difficult business, but Microsoft and our firm do a great job of meeting customer needs. We get routine feedback that our support services are very good.
Read full review
FCB Technologies Ltd.
No answers on this topic
Implementation Rating
Lightspeed
No answers on this topic
Microsoft
Just to let it take its course. The implementation for me once I became a part of my former organization was pretty seamless. Just get to know the basics and call the support team to ask questions if you need help on an issue, should they arise. They are ready, willing, and able to help!
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
Microsoft
Of the comparable mid-range ERP systems, Dynamics SL competes at the lower end based on price, but also above the high-end based on flexibility, data, and reporting. Being able to stay with the same core accounting from a $100 million dollar company to a $3 billion dollar company shows the range of capabilities.
Read full review
FCB Technologies Ltd.
No answers on this topic
Scalability
Lightspeed
No answers on this topic
Microsoft
Since the backbone of the database is MS SQLServer, the database can be easily scaled.
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
Microsoft
  • More time is spent on manipulating reports which can and should be automated.
  • Lack of electronic invoicing process and other green technology features creates more cost on printing and storage costs.
  • The lack of a user friendly interface requires more training and a bigger learning curve for staff.
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