Lightspeed, founded in 2005 and headquartered in Montreal, Canada, is an all-in-one retail POS, ecommerce, and payments platform (Lightspeed Commerce) serving 170,000+ locations with over $40B in annual volume.
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1 resultsChain Store Unified Collection: Account Structure, Split Settlement, and Who Issues the Invoice
The hard part of chain store collection is not whether money can be taken but whose account it lands in and who issues the invoice. That combination determines the account structure, whether split settlement is needed, and how reconciliation splits. This article designs structures for direct-operation, franchise and hybrid models.