Lightspeed is an effective app, tailored especially for small businesses to run smoothly by creating easy-to-navigate point of sale products for retail stores and restaurants. The tools of this app are exclusively designed around the basic needs of business owners who are managing their business from single to multiple locations. Lightspeed provides two important versions- Lightspeed Accounting and Lightspeed Retail which are proving helpful to business owners. Lightspeed Accounting provides a link between the user’s point of sales and his store’s accounting system and automatically synchronizes bookkeeping information between them. On the other hand, Lightspeed Retail simplifies inventory management, generates insightful reports, provides critical POS tools, and has a flawless management system.