New features include embedded time clock for
improved employee time tracking, improved cost-control and seamless
payroll integration
MONTREAL, Dec. 10,
2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:
LSPD) (TSX: LSPD) ("Lightspeed"), the one-stop commerce
platform empowering merchants to provide the best omnichannel
experiences, today announced an enhanced integration with Homebase,
the all-in-one HR and team management solution for small
businesses. Through this new integration, Lightspeed's flagship
retail solution (Lightspeed Retail) customers can streamline
employee tracking and management, saving valuable time and reducing
the complexity of their business operations.
With Homebase's top-rated time clock soon to be embedded
directly into Lightspeed's Retail, merchants will be able to enjoy
a more seamless and efficient workforce management experience.
Combined with preferred Homebase subscription pricing for
Lightspeed Retail merchants, this enriched collaboration takes
workforce management to the next level.
Key Features of the Enhanced Integration
- All-in-One Team Management Platform: Homebase
consolidates scheduling, time tracking, payroll, and team
communication into a single, award-winning platform, now working
even more seamlessly within Lightspeed.
- Embedded Time Clock for Efficient Employee Tracking:
Homebase's time clock, soon to be fully integrated into Lightspeed
Retail, allows merchants to manage schedules, track hours, and
optimize workflows without leaving the POS.
- Optimized Workforce Management and Cost Control:
Real-time sales-to-labor reporting can enable merchants to better
manage costs and budgets.
- Seamless Payroll Integration in the U.S.: Timesheets
sync effortlessly into pay-ready hours and wages, with Homebase
managing taxes and deposits. For Canadian merchants, third-party
payroll integrations and optimized exports are available.
- Mobile-First Design: The user-friendly mobile interface
simplifies setup and usage, empowering teams to clock in, manage
hours, and communicate on the go.
- Preferred Pricing for Lightspeed Merchants: Lightspeed
Retail merchants can access Homebase's all-in-one plan at a
discounted rate, unlocking the full suite of features at a lower
cost.
"Lightspeed's mission has always been to empower retailers with
tools that streamline operations and maximize efficiency," said JD
Saint-Martin, President of Lightspeed. "This enhanced integration
with Homebase delivers further on that promise, offering merchants
an embedded workforce management solution that improves workflows
and helps them run their businesses more effectively."
"Homebase is purpose-built for small businesses with hourly
workers, giving them critical tools to manage their teams. By
embedding our tools directly into Lightspeed Retail, we're giving
merchants a seamless, all-in-one solution that simplifies
scheduling, payroll, and team communication," said John Waldmann, CEO of Homebase. "This
integration will help business owners spend less time on
administrative tasks, and more time growing their business."
This integration ensures Lightspeed merchants can remain
competitive while benefiting from the powerful synergy between
Lightspeed Retail and Homebase.
The enhanced integration is now available for Lightspeed Retail
merchants. To learn more, visit
https://www.lightspeedhq.com/integrations/homebase/.
About Lightspeed
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale, and provide exceptional omnichannel
customer experiences. Our cloud commerce solution transforms and
unifies online and physical operations, multichannel sales,
expansion to new locations, global payments, financial solutions,
and connection to supplier networks.
Founded in Montréal, Canada in
2005, Lightspeed is dual-listed on the New York Stock Exchange and
Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams across
North America, Europe, and Asia
Pacific, the company serves retail, hospitality, and golf
businesses in over 100 countries.
Follow us on social media: LinkedIn, Facebook, Instagram,
YouTube, and X.
About Homebase
Homebase is the everything app for hourly teams, with employee
scheduling, time clocks, payroll, team communication, and HR.
100,000+ small (but mighty) businesses rely on Homebase to make
work radically easy and superpower their teams. The mission of
Homebase is to make small business teams unstoppable.
Homebase is based in San
Francisco, Houston,
Denver, and Toronto. Homebase is backed by leading venture
investors Bain Capital Ventures, Baseline Ventures, Bedrock
Capital, Cowboy Ventures, Emerson Collective, Khosla Ventures, L
Catterton, Notable Capital, and Plus Capital.
Forward-Looking Statements
This news release may include forward-looking information and
forward-looking statements within the meaning of applicable
securities laws ("forward-looking statements"), including
information regarding Lightspeed's partnerships, product offerings
and planned product roadmap. Forward-looking statements are
statements that are predictive in nature, depend upon or refer to
future events or conditions and are identified by words such as
"will", "expects", "anticipates", "intends", "plans", "believes",
"estimates" or similar expressions concerning matters that are not
historical facts. Such statements are based on current expectations
of Lightspeed's management and inherently involve numerous risks
and uncertainties, known and unknown, including economic factors. A
number of risks, uncertainties and other factors may cause actual
results to differ materially from the forward-looking statements
contained in this news release, including, among other factors,
those risk factors identified in our most recent Management's
Discussion and Analysis of Financial Condition and Results of
Operations, under "Risk Factors" in our most recent Annual
Information Form, and in our other filings with the Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission, all of which are available under our profiles
on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov. Readers
are cautioned to consider these and other factors carefully when
making decisions with respect to Lightspeed's subordinate voting
shares and not to place undue reliance on forward-looking
statements. Forward-looking statements contained in this news
release are not guarantees of future performance and, while
forward-looking statements are based on certain assumptions that
Lightspeed considers reasonable, actual events and results could
differ materially from those expressed or implied by
forward-looking statements made by Lightspeed. Except as may be
expressly required by applicable law, Lightspeed does not undertake
any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE Lightspeed Commerce Inc.