ShopKeep VS NetSuite - Jun 2024

Shlomi Lavi

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Functionality

ShopKeep by Lightspeed and NetSuite for Retail both offer extensive functionality for retail and POS software.

One similarity is their ability to manage inventory efficiently, helping businesses keep track of stock levels and streamline ordering processes.

However, a key difference is that NetSuite for Retail provides more robust accounting and financial management tools compared to ShopKeep.

Both platforms offer customizable reporting features to help businesses analyze sales data and make informed decisions.

NetSuite for Retail excels in multi-channel retailing capabilities, allowing businesses to manage sales across various platforms seamlessly.

Pros and Cons

ShopKeep by Lightspeed offers user-friendly interfaces and intuitive features, making it easy for small businesses to adopt and use.

On the other hand, NetSuite for Retail provides advanced financial tools and scalability for growing businesses but comes with a steeper learning curve.

ShopKeep may lack some advanced features compared to NetSuite, making it less suitable for larger enterprises with complex needs.

NetSuites comprehensive features come at a higher price point, which may be a drawback for small businesses with limited budgets.

Pricing

ShopKeep by Lightspeed offers pricing plans starting from $69 per month for one register, $99 for two registers, and $199 for unlimited registers.

NetSuite for Retails pricing varies based on the modules and features required, with estimates ranging from $999 to $1299 per month for basic POS and retail management.

For 1 user, ShopKeeps total cost may range from $828 to $2388 annually, while NetSuites cost could be around $11,988 to $15,588 per year.

For 10 users, ShopKeeps total cost could be between $8280 to $23,880 annually, while NetSuites cost may range from $119,880 to $155,880 per year.

For 100 users, ShopKeeps total cost could be between $82,800 to $238,800 annually, while NetSuites cost may range from $1,198,800 to $1,558,800 per year.

User Interface

ShopKeep by Lightspeed offers a user-friendly and visually appealing interface on both desktop and mobile devices, enhancing user experience.

NetSuite for Retail also provides a clean and organized interface but may appear more complex due to its extensive features and functionalities.

Integration

ShopKeep by Lightspeed integrates with popular accounting software like QuickBooks, e-commerce platforms like WooCommerce, and payment gateways such as PayPal.

NetSuite for Retail offers integrations with CRM systems like Salesforce, marketing automation tools like Marketo, and e-commerce platforms like Shopify.

Both platforms support API integrations for custom solutions and third-party applications to enhance functionality.

NetSuites integrations extend to supply chain management systems and enterprise resource planning (ERP) solutions for comprehensive business management.

ShopKeep focuses more on integrations related to point of sale and payment processing to streamline retail operations.