TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    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

    Thrive Technologies

    Score8 out of 10
    N/AThrive is an inventory management software offering from Thrive Technologies. It is built to help distribution and retail companies needing to improve demand forecasting, and it helps inventory replenishment functionality in ERP systems.N/A
    Pricing
    Lightspeed RetailThrive Technologies
    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
    Offerings
    Pricing Offerings
    Lightspeed RetailThrive Technologies
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Lightspeed RetailThrive Technologies
    Considered Both Products
    Lightspeed
    No answer on this topic
    Thrive Technologies
    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 RetailThrive Technologies
    Inventory Management
    Comparison of Inventory Management features of Lightspeed Retail and Thrive Technologies
    Feature
    Lightspeed Retail
    -
    Ratings
    Thrive Technologies
    8.2
    1 Ratings
    9% above category average
    Inventory tracking00 Ratings10.02 Ratings
    Automatic reordering00 Ratings8.02 Ratings
    Location management00 Ratings8.02 Ratings
    Serial number and batch tracking00 Ratings8.02 Ratings
    Barcode scanning00 Ratings9.02 Ratings
    Automation rules00 Ratings9.02 Ratings
    Reporting and analytics00 Ratings9.02 Ratings
    Fulfillment00 Ratings9.02 Ratings
    Backorder management00 Ratings10.02 Ratings
    Returns management00 Ratings9.02 Ratings
    Bill of materials management00 Ratings9.02 Ratings
    Item kitting00 Ratings6.02 Ratings
    Invoicing00 Ratings6.02 Ratings
    Forecasting00 Ratings6.02 Ratings
    Accounting integration00 Ratings10.02 Ratings
    Point of sale integration00 Ratings5.02 Ratings
    Best Alternatives
    Lightspeed RetailThrive Technologies
    Small Businesses
    Square POS
    Score9 out of 10
    No answers on this topic
    Medium-sized Companies
    No answers on this topic
    No answers on this topic
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Lightspeed RetailThrive Technologies
    Likelihood to Recommend
    9.5
    (15 ratings)
    8.0
    (3 ratings)
    Usability
    9.5
    (3 ratings)
    8.0
    (2 ratings)
    Support Rating
    9.8
    (4 ratings)
    -
    (0 ratings)
    User Testimonials
    Lightspeed RetailThrive Technologies
    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
    Thrive Technologies
    For our small hospital, the cost of the operation is a great value. Like any EHR, there are going to be limitations. Our hospital is not part of a larger health system, so did not have the pressure of spending more money to have a system which fed into a larger organization, so it works for us in this capacity. With so many hospitals jumping on EHRs like Epic and Oracle, it seems like this has only increased the overall cost of healthcare. [...] does also have a great revenue cycle component to it that expands across other EHRs. In the past, Thrive Technologies was a all encompassing system, but like most has a separate payroll system and now separate GL that you could also add. This is indicative of the software in general for healthcare unfortunately.
    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
    Thrive Technologies
    • Cloud-based, accurate forecasting system saves lots of time and can tangibly boosts ROI
    • Robust demand management down to the SKU level
    • Optimized replenishment prevents too much money from being tied up in inventory
    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
    Thrive Technologies
    • Although it's simpler than many alternatives, it's a highly complex system and at times we felt lost during the transition period.
    • We didn't get the results we had imagined when looking at their case studies and marketing materials. I understand many factors go into those things, and their case studies are not necessarily indicative of typical results, but your mileage may vary.
    • Inventory replenishment alerts about potential stockouts weren't always reliable.
    Incentivized
    Read full review
    Usability
    Lightspeed
    Simply well designed with obvious icons per component, making it easy to interface with.
    Incentivized
    Read full review
    Thrive Technologies
    Depending on what subsystem, I think some work much better than others. For example on the patient accounting side, it is fairly easy to use, but does require a couple extra keystrokes. On the clinical side, I have heard similar statements. On the financial/accounts payable side, it is easier to use, while there are scenarios in which it would be nice to have a few more features.
    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
    Thrive Technologies
    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
    Thrive Technologies
    Thrive Technologies is significantly more cost effective than the others, while it does lack some of the features (bells and whistles). Most of our neighboring hospitals are using these other systems, which does make it is tough to connect to them, as it seems like these larger systems have a juggernaut on the market and the costs of these is only increasing.
    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
    Thrive Technologies
    • We were able to reduce the amount of resources tied up in inventory
    • Forecasting tools meant significantly less time spent trying to wrangle spreadsheets
    • The transition was painful, causing initial doubts, but it was certainly worth the growing pains
    Incentivized
    Read full review
    ScreenShots