Why Choose Thrive Over Lightspeed Retail Inventory Management

The purpose of this page is to differentiate Thrive and Lightspeed Retail when it comes to inventory management. We’re not here to tell you which is better for your business because the truth is, it depends. So if you’re looking to figure out which platform is right for you, you’re in the right place. 

Yes, there are inventory and product differences between Thrive and Lightspeed Retail, but our biggest difference is at our core. 

Thrive was established to provide merchants with the confidence to run and grow a healthy and successful business through inventory management. Husband and wife team, together with their friend, started Thrive to better track inventory for a boutique store in San Diego, CA. Created by retailers for retailers, Thrive remains committed to offering powerful inventory tools for merchants of all sizes around the world today.

Top 3 Reasons Growing Businesses Choose Thrive Over Lightspeed Retail

Centralize your listings and inventory

We Let You Decide What’s Best For Your Business

Because we know your retail store is unique, we’re not going to force you to run your entire business a certain way. Thrive was designed for retailers that want flexibility. After all, your business in five years might not look like it does today, and we get that. 

With Thrive, you can connect a number of POS systems and e-commerce platforms we believe are the best in the industry (and we’re always adding more). Lightspeed Retail users have to go with their entire product suite, including their POS and e-commerce platform. More power to them, but that makes it hard for you to really control your business. 


Inventory Capabilities That Inspire You To Diversify Your Sales

Thrive was built to break down barriers to growth. Small business owners need new channels which contribute to a stronger, diversified business. You need a platform that keeps up with you and your growing inventory. 

With Thrive, easily run a wholesale operation or design your own exclusive product line. Our platform provides specific tools to track inventory from production to sale. When it comes to Lightspeed Retail, they’re a generalist which means they aren’t able to track your inventory when it starts to get complex. 


Support That (Actually) Supports You

Sure Lightspeed Retail offers free support, but their customers often find they’re non-responsive and when they do get ahold of them, they’re more talk than help. We get that Lightspeed Retail support is divided between their entire business, but that’s not our style. 

At Thrive, we’re only successful when you’re successful. That’s why you’ll never catch us making empty promises or leaving you hanging. Our team will be by your side during your entire 30-day free trial (because we know 2 weeks is not enough time to try out an inventory management software). Whether you want someone to help set up your account, show you everything Thrive is capable of, or just answer a question every now and then, we’ve got you. And it doesn’t stop there. No matter what plan you’re on or how long you’ve been a customer you’ll still receive the same great service. 

What Business Owners Are Saying About Thrive

Whenever I have an issue it is always answered by an amazing person. They are always happy to help and offer advice. The app is constantly evolving to correct issues that other programs can not handle. It has saved me countless man hours using this system, not just for inventory management, but so much more.

The app is fantastic and getting better all the time. I don’t know how we survived without it! Best of all, the customer service is FAST and they actually know their product… I couldn’t be happier!

We switched to Thrive and it was the best decision we have ever made. The amount of features we will be able to use, as well as the ease of use is great. We are still getting used to it, but being able to keep track of all of our inventory between multiple platforms is going to help us immensely on keeping our inventory accurate.

Thrive Vs. Lightspeed Inventory Management
At A Glance

Lightspeed Retail
Free trial
30 days
14 days
Onboarding support
E-commerce integration
All plans
Only on the Standard plan and above
Feed integrations
Google for Retail, Meta
Google for Retail, Amazon, eBay, Walmart
Franchise support
Stock count syncing
Purchase orders
Catalog management
Inventory and sales reports
Custom reporting
Available for an additional cost
Advanced reporting
Professional plans and above
Only Advanced and Enterprise plans
Vendor management
Automatic re-ordering
Bill of materials

Get organized
everywhere you sell

Ditch the spreadsheets and data entry, quickly spin up new sales channels, and get into new markets.

What Makes Thrive Different From Lightspeed

If you’re a retailer, we understand that stock is the lifeblood of your business and the complexities that come with it. That’s why we built a system that works for where you are today and where you want to be tomorrow. We’re passionate about inventory management and we do it right, so we’re glad you’re here. 

All Features Available During Your 30-Day Free Trial
All the tools you need to grow your business
Starting at $79/mo
Starting at $199/mo
Starting at $399/mo
Starting at $799/mo
Locations / Integrations
Transactions Per Month
Products / Items / SKUs
Order History
3 Years
Reporting History
3 Years
Product Catalog Management
Catalog / Menu Management
SKU Creation
Lot Costs
Modifier Configuration
Pricing Calculator
Expiration Dates
Price Tag / Label Printing
Spreadsheet Bulk Upload
Average Costs
Inventory Management
Min / Max Levels
Low Stock Alerts
Stocktakes and Approvals
Basic Internal Transfers
Basic Purchase Orders
Modifiers Inventory Tracking
Kits / Bundles
Recipe / Ingredient Managment
Bill of Materials
Automated Purchase Orders
Automated Stock Transfers
Barcodes & Labels
Barcode Generation
Dymo Label Printing
Brother Label Printing
Avery Label Printing
Scan-to-Create Stocktakes
Scan-to-Create Invoices
Scan-to-Create Purchase Orders
Scan-to-Create Transfers
Custom Dashboards
Sales Goal Tracking
Franchise Reporting
Product Profitability Reports
Inventory Change Reports
Dead Inventory Reports
Inventory Valuation Reports
Low Inventory Reports
Unsold Product Reports
Saved Reports
Region / District Reporting
Scheduled Reports
Intelligent Stock Forecasting
Customer Managment
Dynamic Price Lists
Wholesale Reporting
Payment Terms
Theft / Discount Tracking
Multifactor Authentication
User Access Permissions
Live Chat
Dedicated Account Manager
Professional Services
Account Implementation
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Catalog Migration
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Product Creation
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Global Currency Support
Dashboard Reporting App
Barcode Scanner App
Alexa Voice Command
Additional Transactions Available
Google for Retail Integration
QuickBooks Online Integration
Beta Feature Access