Lightspeed Commerce celebrates 20 years of activity thanks to product innovations in the fourth quarter

“Lightspeed has just participated in its 20th year of activity, and we would not be where we are today without a dedicated commitment to provide an innovation of products that supports the growth ambitions of our customers,” said Dax dasilvaFounder and chief executive officer of Lightspeed. “Retailers and restaurants around the world face complex challenges with their business, and our goal is to help these customers better understand their operations, their customers and their growth opportunities.”

The innovations of the fourth quarter of Lightspeed have brought a number of new products and sets of functionalities in the retail and hotel industries, in particular:

Retail

• Forecasting request with greater precision using seasonal trends
  The retail information of Lightspeed now analyzes the sales models and seasonal trends to provide for demand with precision and ensure optimal inventory levels, reducing the periods of overtock and out of stock, maximizing sales. Available on plans that include Lightspeed Insights.
• Understand your data in an instant with sales visualizations
  You should not need a BI diploma to understand your data, Lightspeed Insights has made this even easier for traders with the addition of sales visualizations, transform your data into easy -to -understand visual graphics how your business works without going through the spreadsheets.
• The new web generator generator of Lightspeed eliminates web design frustration
  The new Lightspeed cutting -edge website creation at the tip of the AI ​​is designed to help retail merchants generate website elements from a simple screening. No need for manual coding or third -party developers. This innovative tool allows retailers to create personalized web elements without code using AI to analyze screenshots and generate ready -made code for production. Traders describe or simply show that the Lightspeed website manufacturer what they want using examples of the real world, and the tool built them entirely integrated and professional appearance with speed and ease.
• Lightspeed naked advances rationalizes stock operations
  Lightspeed's large nude network now includes Po Sync, two -way synchronization to quickly drive and automate replenishments for retailers. From now on, retailers can place a replenishment directly in the POS and send this to their supplier on Lightspeed Nuorder without leaving the platform. The retailers can also now connect several accounts of nuance buyers, ensuring that all commands – continue to place them – synchronize perfectly with the POS. From now on, when retailers import a Nuorder Po, the name of the supplier will automatically fill: save time and reduce manual errors.
• Lightspeed Nuorder widens the partnership offer for brands
  Brands now have two new ways to join Lightspeed Nuorder to work with the Lightspeed point of sale retailers. This offer allows brands to easily reach the Lightspeed network and accept orders or share catalogs with point of sale retailers, helping them increase the average value of orders, driving more quickly, reorganizing and maintaining precision with products on products. These offers via Nuorder – Catalog and Connect are extensions to the existing naked offer for brands wishing to collaborate with the retailers using Lightspeed.
• Griver more sales cards sales with OMNI gift cards and promotions
  The retailer's gift cards can now be exchanged in store and online, a huge unlock for omnichannel retailers who can now manage a gift card platform for the two channels.

Hospitality

• Gent traffic and online controls with the command with Google Integration
  Lightspeed restaurant merchants using order AnyWhere can now increase their exposure and generate more traffic to their online control stores with order with Google Integration. This integration helps traders to acquire more exposure, increase orders and provide practical order experience, which leads to higher income and more commercial opportunities.
• Effortlessly divide the checks by seat or cover on the table
  POS MOBILE OF LIGHTSPEED, Table lanehas become more powerful. Traders can now divide check -in checks or cover on a variety of devices powered by Lightspeed Tableside. This new feature offers greater flexibility, guarantees a more fluid payment experience and saves time for the customer.
• Lightspeed KDS Improvements make chefs happier
  Two new KDS features launched, designed to make communication between the front of the house and the back of the house even better:
  1. Improve the accuracy of the command with advanced production instructions. Traders can now add personalized production instructions to the items, and this information flows transparently from POS to KDS to minimize errors, and facilitate the safety of guests with clear and automatic allergens strong on cooking tickets so that merchants never miss an allergen.
  2. Feed the efficiency of the kitchen with the list of consolidated items. KDS now offers the ability to bring together identical items from all tickets in a consolidated list, allowing managers to prepare articles in lots, which considerably reduces the preparation time and strengthening the efficiency of the kitchen.

To find out more about these new features, visit Lightspeed website.

About Lightspeed

Alating companies that are the backbone of the global economy, the single Lightspeed commercial platform helps traders to innovate to simplify, put on scale and provide exceptional omnichannel customer experiences. Our cloud trade solution transforms and unifies online and physical operations, multichannel sales, extension to new locations, world payments, financial solutions and connection to supplier networks.

Founded in Montreal, Canada In 2005, Lightspeed was double list on the New York Stock Exchange and the Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams through North America,, EuropeAnd Asia-PacificThe company serves retail, hospitality and golf companies in more than 100 countries.

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Prospective declarations

This press release may include prospective information and prospective declarations within the meaning of applicable securities laws (“prospective declarations“), including information concerning Lightspeed partnerships, product offers and the planned roadmap. The management of Lightspeed and intrinsically involve many risks and uncertainties, known and unknown, including economic factors. The regulatory authorities for the securities of Canada and the American securities and exchange commission, which are all available under our profiles on our profiles on our profiles on our profiles SEDAR + www.sedarplus.com And on Edgar at www.sec.gov. Readers are warned to take these factors into account and others when they make decisions with regard to the subordinated voting shares of Lightspeed and not to rely excessively with regard to prospective declarations. The prospective declarations contained in this press release are not guarantees of future performance and, although prospective declarations are based on certain hypotheses that Lightspeed considers as reasonable, real events and results could differ significantly from those expressed or involved by prospective declarations made by Lightspeed. Unless it can be expressly required by applicable law, Lightspeed does not initiate any obligation to update publicly or revise such prospective declarations, whether following new information, future events or otherwise.

Source Lightspeed Commerce Inc.