Lightspeed is a point of sale (POS) system used by restaurants, retailers, and hospitality venues to ring up sales, manage menus or catalogs, track inventory, and record takings across multiple sites. It is the system of record for what was sold, when, and through which payment method.
For a finance team, Lightspeed is a primary revenue source. Every Z report, cash drawer, and card batch starts there. The challenge is not capturing sales, it is proving that the cash and card takings declared in Lightspeed actually match what hit the bank and what was posted to the ERP.
This reconciliation is manual and error-prone in most multi-site operations. Missing cash, batch timing gaps, and POS settings that drift between locations create unexplained differences every month.
Phacet closes this loop. The agent that bridges POS revenue to accounting maps Lightspeed sales to the right accounts, while the cash takings reconciliation agent and the multi-site POS cash control agent confirm that declared revenue matches banked amounts across every site, with the reasoning exposed.
Lightspeed records the sale. Phacet verifies that the money arrived and was booked correctly. The integration turns raw POS exports into reconciled, audit-ready revenue, which matters most for food and beverage groups running many locations.
