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Lightspeed vs Revel
June 26, 2023 | Author: Sandeep Sharma
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Lightspeed is the leading provider of cloud-based POS software. Our customers typically see a 20% growth in sales after their first year. Now is the time to join the growing list of independent businesses that choose Lightspeed POS to handle their everyday needs. Lightspeed Restaurant allows you to create your menu in seconds, update your floor plan directly in the system, impress customers with photos of items and allow your staff to focus on creating a unique restaurant experience.
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The first wired ethernet connectivity for iPad POS systems. Manage multiple devices universally from any remote location. Save time with reports that explain your business progress and projection to you. Keep business up and running during an Internet slow-down or power outage
Lightspeed and Revel are both popular point-of-sale (POS) systems designed for the hospitality and retail industries. Here are some key differences between the two:
1. Industry Focus: Lightspeed caters to a wide range of businesses, including restaurants, bars, cafes, retail stores, and more. It offers industry-specific features and workflows tailored to meet the unique needs of each business type. Revel, on the other hand, primarily focuses on the hospitality industry, specifically restaurants, quick-service establishments, and bars.
2. Customization and Scalability: Lightspeed offers a highly customizable platform, allowing businesses to tailor the system to their specific requirements. It provides an extensive range of add-on features and integrations to enhance functionality. Revel, while still customizable, has a more standardized approach with a strong focus on out-of-the-box functionality. This makes Revel a suitable option for businesses looking for a straightforward and easy-to-use solution.
3. Hardware Compatibility: Both Lightspeed and Revel support a wide range of hardware options, including terminals, tablets, and peripherals. However, Lightspeed provides more flexibility in terms of hardware choices, allowing businesses to select the devices that best fit their needs and budget.
4. Reporting and Analytics: Lightspeed offers robust reporting and analytics features, providing businesses with insights into sales, inventory, customer behavior, and more. It enables data-driven decision-making and helps businesses identify trends and opportunities. Revel also offers reporting capabilities, but the depth and range of analytics may be more limited compared to Lightspeed.
See also: Top 10 Retail software
1. Industry Focus: Lightspeed caters to a wide range of businesses, including restaurants, bars, cafes, retail stores, and more. It offers industry-specific features and workflows tailored to meet the unique needs of each business type. Revel, on the other hand, primarily focuses on the hospitality industry, specifically restaurants, quick-service establishments, and bars.
2. Customization and Scalability: Lightspeed offers a highly customizable platform, allowing businesses to tailor the system to their specific requirements. It provides an extensive range of add-on features and integrations to enhance functionality. Revel, while still customizable, has a more standardized approach with a strong focus on out-of-the-box functionality. This makes Revel a suitable option for businesses looking for a straightforward and easy-to-use solution.
3. Hardware Compatibility: Both Lightspeed and Revel support a wide range of hardware options, including terminals, tablets, and peripherals. However, Lightspeed provides more flexibility in terms of hardware choices, allowing businesses to select the devices that best fit their needs and budget.
4. Reporting and Analytics: Lightspeed offers robust reporting and analytics features, providing businesses with insights into sales, inventory, customer behavior, and more. It enables data-driven decision-making and helps businesses identify trends and opportunities. Revel also offers reporting capabilities, but the depth and range of analytics may be more limited compared to Lightspeed.
See also: Top 10 Retail software
Lightspeed vs Revel in our news:
2021. Lightspeed buys Ecwid for $500M
Lightspeed is continuing its acquisition streak by adding two more companies to its portfolio. The Canadian point-of-sale software provider has acquired the e-commerce platform Ecwid for $500 million and NuOrder, a B2B ordering platform catering to wholesalers, brands, and retailers, for $425 million. Ecwid has established itself over the years as a prominent partner of Facebook, assisting small businesses in creating commerce experiences on the social media platform. It has expanded its services to support merchants using platforms such as Square, Wix, Instagram, and Google, sometimes in competition with, but also potentially integrating with, other e-commerce backends like Shopify.
2020. Lightspeed acquires restaurant software company Upserve for $430M
Lightspeed has recently made an announcement regarding its acquisition of Upserve, a move that expands Lightspeed's footprint in the restaurant industry. With its existing cloud-based point-of-sale software catering to various businesses, this acquisition further strengthens Lightspeed's position in the market. Upserve, founded in 2009, initially focused on encouraging users to share their purchase information with friends as part of a group of startups. Over time, it transitioned its offerings towards providing business tools encompassing payments, marketing, and loyalty, eventually rebranding as Upserve to emphasize its dedication to serving the restaurant market. The integration of Upserve aligns with Lightspeed's strategic vision of delivering an advanced commerce platform to high-performing businesses worldwide.
2015. iPad POS platform Revel gets $13.5 million funding
iPad point-of-sale company Revel Systems has successfully secured $13.5 million in funding to facilitate its expansion efforts in Asia and Europe. Setting itself apart from other tablet-based POS systems, Revel is incorporating a comprehensive range of features into its software suite, enabling it to not only handle payment processing but also manage deliveries and shipping. This strategic move allows Revel to compete with enterprise software solutions like Micros System, which was acquired by Oracle for approximately $5.3 billion last year. Furthermore, Revel has recently introduced Ethernet connections to cater to clients operating in environments where wireless connections may be unreliable, such as sports stadiums and government agencies.
2015. Revel adds Ethernet connection to its iPad POS system
Revel is a leading provider of iPad point-of-sale (POS) systems and was among the early adopters of Apple Pay. While the company primarily focuses on mobile payments, it also aims to attract businesses that have concerns about relying solely on Wi-Fi for financial transactions. In order to appeal to larger retail enterprises and encourage them to replace traditional cash registers with iPads, Revel is introducing wired Ethernet connections. This new feature, known as Revel Ethernet Connect, allows for failover connections between Wi-Fi and cabled Ethernet, ensuring uninterrupted service by seamlessly switching between the two in case of any connectivity issues. Revel claims to be the first iPad POS provider to offer this capability. The Revel Ethernet Connect hardware is currently available for purchase at $250, and starting from June 15, it will be included as part of Revel's iPad POS system.
