{"id":691154,"date":"2022-10-03T08:11:01","date_gmt":"2022-10-03T12:11:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lightspeed-restaurant-continues-to-empower-independent-businesses-through-data-and-analytics-with-new-advanced-insights-feature\/"},"modified":"2022-10-03T08:11:01","modified_gmt":"2022-10-03T12:11:01","slug":"lightspeed-restaurant-continues-to-empower-independent-businesses-through-data-and-analytics-with-new-advanced-insights-feature","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lightspeed-restaurant-continues-to-empower-independent-businesses-through-data-and-analytics-with-new-advanced-insights-feature\/","title":{"rendered":"Lightspeed Restaurant Continues to Empower Independent Businesses Through Data and Analytics with New Advanced Insights Feature"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Lightspeed launches industry-leading analytics on its flagship restaurant platform to empower independent businesses to drive more revenue<\/i>\n <\/p>\n

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\n MONTREAL<\/span>
\n <\/span>, \u00a0Oct. 3, 2022\u00a0<\/span> \/PRNewswire\/ – Lightspeed Commerce Inc.<\/a><\/u> (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced the expansion of its flagship hospitality product, Lightspeed Restaurant<\/a><\/u>, to include Lightspeed Advanced Insights<\/a><\/u>.<\/p>\n

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\n \"Lightspeed
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The best-in-class-solution has taken a step further in empowering restaurant owners to make confident business decisions using clear and actionable insights from analytics that work seamlessly in the background. Powered by Lightspeed Payments<\/a><\/u>, the Lightspeed Advanced Insights add-on eliminates guesswork with instantaneous analysis for actionable insights. Data from every transaction processed is automatically captured, analyzed, then delivered right back to restaurateurs – identifying trends, such as which menu items will turn a guest into a repeat customer or which staff member is performing at top level, that reveal impactful ways for merchants to optimize their business.<\/p>\n

“Restaurants are doubling down on technology and automation, and we are continuing to deliver,” saidPeter Dougherty<\/span>, GM, Hospitality, Lightspeed. <\/b>“In pursuit of empowering independent businesses, we are thrilled to offer yet another powerful solution that will allow restaurateurs to optimize their operations. Lightspeed Advanced Insights gives restaurant owners confidence to make quick decisions they trust to improve their business by providing analytics that go way deeper than traditional reporting.”<\/p>\n

\n Lightspeed Advanced Insights is Comprised of Five Different Modules:<\/b>\n <\/p>\n