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.
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Thrive Technologies
Score 8.0 out of 10
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Thrive 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.
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Pricing
Lightspeed Retail
Thrive 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
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Offerings
Pricing Offerings
Lightspeed Retail
Thrive Technologies
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Lightspeed Retail
Thrive Technologies
Features
Lightspeed Retail
Thrive Technologies
Inventory Management
Comparison of Inventory Management features of Product A and Product B
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.
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.
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.
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.
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.
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.
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.
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
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.
