The best retail point of sale system will help you manage inventory, sales, reporting, and forecasting business decisions, and much more, all from one place. We will determine if a cloud POS like WinkSell or LightSpeed is aligned with your business goals of streamlining and scaling business operations as both online POS systems claim to be top-notch in their features.
What is WinkSell POS?
WinkSell is a globally emerging cloud POS that allows retail businesses like pharmacies, boutiques, supermarkets, etc. to manage and streamline the business operations.
WinkSell intelligently tracks expenses, customized invoices, prepares accounts, runs reports, and more, all from one place.
What is LightSpeed(Vend) POS?
LightSpeed also known as Vend is an internationally recognized retail point of sale system aiming to help retail businesses manage their business operations.
LightSpeed also provides in-store and online sales management streamlining the maximum business operations.
Here is the complete breakdown of all the features against which we’ll compare WinkSell and LightSpeed:
| Features/Brands | LightSpeed | WinkSell |
|---|---|---|
| Complete Inventory Management |
8 out of 10 LightSpeed has basic inventory management features like adding and maintaining stock but requires upper-tier subscriptions for advanced features like inter-branch inventory transfer. However, it can handle multiple product variants in an inventory. |
9 out of 10 It has all the necessary features that a retail business owner might need to streamline operations like creating automated purchase orders if an item’s stock reaches a certain level. It doesn’t handle multiple variants in a single category. |
| Stock Reports |
8 out of 10 It has all the basic stock reports like slow moving or expired item reports but it lacks the complete stock trail report. |
10 out of 10 WinkSell intelligently crafts all the basic and advanced reports including the complete stock trail report. |
| Sales Reports |
9 out of 10 LightSpeed has most of the sales reports a business owner needs except detailed reports like sales with hourly revenue. |
10 out of 10 It provides insightful done-for-you sales reports with detailed information like weekly sales revenue per hour. |
| Accounting Reports |
4 out of 10 LightSpeed presents accounting reports like account payables or receivables in different locations so extracting them is hard for a busy business owner. |
10 out of 10 WinkSell prepares accounting reports like accounts payables/receivables or profit&loss reports while you conduct business and you can extract these reports without hassle. |
| Multi-Store Scalability |
7 out of 10 LightSpeed supports multi-store scaling operations. However, inter-branch product transfer isn’t available here. |
10 out of 10 In WinkSell you can scale by seamlessly adding and managing new branches/stores without additional cost or contacting support. |
| Forecasting Capability |
6 out of 10 LightSpeed only provides advanced reports and analytics to higher-tier subscriptioners to forecast business decisions. |
9 out of 10 WinkSell offers intelligent done-for-you reports based on accurate historical sales data so you can get detailed information to forecast business decisions without additional charges. |
| Access Management |
7 out of 10 LightSpeed offers staff access management to define employee roles. For better staff access management you need to subscribe to a higher tier. |
9 out of 10 WinkSell also offers staff access management with micro-level control on employee roles like permitting certain staff to edit product details, in its basic package. |
| Data Security and Backups |
6 out of 10 LightSpeed has employed good security measures with backup servers up and running since it got hacked in 2016. |
7 out of 10 WinkSell claims to be unhackable and securely stores your data in case of an emergency. It never got hacked. |
| Cloud-Based |
8 out of 10 LightSpeed is a renowned cloud POS system with a global user base. |
8 out of 10 WinkSell is an internationally emerging cloud-based retail point of sale system. |
| User Friendliness |
7 out of 10 LightSpeed’s interface needs to synchronize multi-store operations for a better user experience. |
8 out of 10 WinkSell’s interface is user friendly helping your staff master it quickly for better multi-store management. |
| Free One-to-One Training |
0 out of 10 LightSpeed doesn’t provide one-to-one training at all. |
9 out of 10 WinkSell provides one-to-one training to your staff anytime you need it. No other POS software offers this feature. |
| Instant POS Support |
7 out of 10 LightSpeed provides 24/7 support through chat in its basic package. To get email or phone support you must upgrade your subscription to solve your queries. |
9 out of 10 WinkSell offers instant support anytime you need an answer to your queries through chat, email, and phone without any further charges. If necessary they will do one-to-one sessions. |
| Trial Period | 30 Days | 30 Days |
| Payment Integrations |
8 out of 10 LightSpeed provides all the payment integrations you need including mobile wallets. However, beware of payment processing fees. |
7 out of 10 WinkSell has all the payment methods a retail business usually needs. There are no payment processing fees charged by WinkSell. |
| Payment Terms |
Monthly Prepaid This means LightSpeed takes payment first and then lets you use its services. |
Monthly Postpaid WinkSell lets you use WinkSell first and if you find it suitable, you pay a subscription at month's end. |
| Charges per Branch | $69 to $199 | Just $40 |
Leverage WinkSell POS to manage your business operations.
LightSpeed vs WinkSell: The Ultimate Conclusion
We compared both retail point of sale systems and found out LightSpeed only beats WinkSell in payment integrations otherwise WinkSell leads in the most important aspects of your business operations like inventory management, accounting, multi-store scalability, forecasting important business decisions, and user-friendliness at an affordable price of just $40 per branch. LightSpeed is an expensive option with $69 to $199 plus the processing fees and other add-ons like accounting software that comes built-in with WinkSell POS..
We Are The Most Economical
USD 40 / branch/month
- There are no hidden costs
- There is no training fee involved
- There are no upfront payments at all
