09:24 AM EDT, 04/30/2024 (MT Newswires) -- Lightspeed Commerce ( LSPD ) , a one-stop commerce platform for merchants, on Tuesday highlighted improvements to the products and services shipped in the fourth quarter to increase scalability through data-driven insights.

Lightspeed Retail will now automatically calculate the right markup and price based on retailers' desired margins for each product and its variants. Retailers on the advanced and enterprise plans can now take into account historical stock-out periods to identify sales trends so they can order accurately and avoid missing sales.

For the hospitality sector, Lightspeed Restaurant's online ordering platform now includes order history and account management to enable quick reordering, improving repeat guest business, and new reporting features for Lightspeed merchants to track payments through Lightspeed Restaurant's Scan and Pay functionality.