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Lightspeed (TSX:LSPD) introduces new Advanced Insights feature

Technology
TSX:LSPD
03 October 2022 16:30 (EDT)

New Flagship Lightspeed Retail (CNW Group/Lightspeed Commerce Inc.)

Lightspeed Commerce (LSPD) has expanded its flagship hospitality product, Lightspeed Restaurant, to include Lightspeed Advanced Insights.

The best-in-class solution empowers restaurant owners to make confident business decisions using clear and actionable insights from analytics. It automatically captures data from every transaction it processes, analyzes it, then delivers it right back to restaurateurs.

The solution identifies trends, such as which menu items will turn a guest into a repeat customer or which staff member is performing at the top level. It reveals impactful ways for merchants to optimize their business.

Lightspeed Advanced Insights is comprised of five different modules:

Lightspeed Advanced Insights enables restaurant owners to make decisions that directly impact their business. It helps them understand their top spending customers, waitstaff performance, busiest hours and days of the week and menu items that generate repeat customers.

Lightspeed provides an omnichannel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business.

Lightspeed Commerce Inc. (LSPD) is up 2.30 per cent, trading at C$24.87 per share at 4:10 pm ET.



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