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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Lightspeed Retail

    Score9.2 out of 10
    N/ALightspeed 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

    TallyPrime

    Score7.9 out of 10
    N/ATallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.

    $855

    one-time fee

    Pricing
    Lightspeed RetailTallyPrime
    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
    Silver
    $855
    one-time fee
    Gold
    $2,565
    one-time fee
    Offerings
    Pricing Offerings
    Lightspeed RetailTallyPrime
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Users can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
    More Pricing Information
    Community Pulse
    Lightspeed RetailTallyPrime
    Considered Both Products
    Lightspeed
    No answer on this topic
    Tally Solutions Pvt Ltd
    No answer on this topic
    Key User Insights
    Would buy again
    60%
    Would buy again
    6 Answers
    No answers on this topic
    Delivers good value for the price
    70%
    Delivers good value for the price
    7 Answers
    No answers on this topic
    Happy with the feature set
    70%
    Happy with the feature set
    7 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    70%
    Lived up to sales and marketing promises
    7 Answers
    No answers on this topic
    Implementation went as expected
    80%
    Implementation went as expected
    8 Answers
    No answers on this topic
    Features
    Lightspeed RetailTallyPrime
    Payroll Management
    Comparison of Payroll Management features of Lightspeed Retail and TallyPrime
    Feature
    Lightspeed Retail
    -
    Ratings
    TallyPrime
    9.6
    1 Ratings
    24% above category average
    Pay calculation00 Ratings10.01 Ratings
    Benefit plan administration00 Ratings9.01 Ratings
    Direct deposit files00 Ratings9.01 Ratings
    Salary revision and increment management00 Ratings10.01 Ratings
    Reimbursement management00 Ratings10.01 Ratings
    Customization
    Comparison of Customization features of Lightspeed Retail and TallyPrime
    Feature
    Lightspeed Retail
    -
    Ratings
    TallyPrime
    10.0
    1 Ratings
    28% above category average
    API for custom integration00 Ratings10.01 Ratings
    Plug-ins00 Ratings10.01 Ratings
    Security
    Comparison of Security features of Lightspeed Retail and TallyPrime
    Feature
    Lightspeed Retail
    -
    Ratings
    TallyPrime
    10.0
    1 Ratings
    20% above category average
    Single sign-on capability00 Ratings10.01 Ratings
    Role-based user permissions00 Ratings10.01 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Lightspeed Retail and TallyPrime
    Feature
    Lightspeed Retail
    -
    Ratings
    TallyPrime
    10.0
    1 Ratings
    24% above category average
    Dashboards00 Ratings10.01 Ratings
    Standard reports00 Ratings10.01 Ratings
    Custom reports00 Ratings10.01 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Lightspeed Retail and TallyPrime
    Feature
    Lightspeed Retail
    -
    Ratings
    TallyPrime
    8.9
    1 Ratings
    15% above category average
    Accounts payable00 Ratings9.01 Ratings
    Accounts receivable00 Ratings10.01 Ratings
    Cash management00 Ratings10.01 Ratings
    Bank reconciliation00 Ratings8.01 Ratings
    Expense management00 Ratings10.01 Ratings
    Time tracking00 Ratings7.01 Ratings
    Fixed asset management00 Ratings9.01 Ratings
    Multi-currency support00 Ratings8.01 Ratings
    Multi-division support00 Ratings9.01 Ratings
    Regulations compliance00 Ratings7.01 Ratings
    Electronic tax filing00 Ratings8.01 Ratings
    Self-service portal00 Ratings9.01 Ratings
    Global Financial Support00 Ratings10.01 Ratings
    Primary and Secondary Ledgers00 Ratings10.01 Ratings
    Intercompany Accounting00 Ratings7.01 Ratings
    Localizations00 Ratings9.01 Ratings
    Journals and Reconciliations00 Ratings10.01 Ratings
    Enterprise Accounting00 Ratings10.01 Ratings
    Standardized Processes00 Ratings10.01 Ratings
    Inventory Management
    Comparison of Inventory Management features of Lightspeed Retail and TallyPrime
    Feature
    Lightspeed Retail
    -
    Ratings
    TallyPrime
    10.0
    1 Ratings
    31% above category average
    Inventory tracking00 Ratings10.01 Ratings
    Location management00 Ratings10.01 Ratings
    Best Alternatives
    Lightspeed RetailTallyPrime
    Small Businesses
    Square POS
    Score9 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    No answers on this topic
    MYOB
    Score8.3 out of 10
    Enterprises
    No answers on this topic
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Lightspeed RetailTallyPrime
    Likelihood to Recommend
    9.5
    (15 ratings)
    10.0
    (2 ratings)
    Usability
    9.5
    (3 ratings)
    9.0
    (1 ratings)
    Support Rating
    9.8
    (4 ratings)
    -
    (0 ratings)
    User Testimonials
    Lightspeed RetailTallyPrime
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
    • TallyPrime's payroll module handles complex payroll calculations effortlessly
    • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
    • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
    • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
    • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
    Incentivized
    Read full review
    Usability
    Lightspeed
    Simply well designed with obvious icons per component, making it easy to interface with.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt 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
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
    Incentivized
    Read full review
    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
    Tally Solutions Pvt Ltd
    • Significantly streamlined our financial operations.
    • Accounting, Inventory Management, and Tax Compliance are invaluable.
    • Real-time reporting provides crucial insights for decision-making
    Incentivized
    Read full review
    ScreenShots