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Lightyear

By Lightyear
4.98 out of 5 stars
Free trial available
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Lightyear is a leading cloud platform providing intelligent automation solutions for large SMEs & enterprise level purchasing & accounts payable processes. Our end-to-end approvals workflows are up to 80% faster than traditional methods, with purchase orders & invoices to be approved in seconds.
Rated
5.0
out of 5
Reviewed by
126
Xero users
Try this app
Free trial
available
Listed for
5 years
September 2018

Overview

Are you tired of the complexity of managing the Purchasing and Accounts Payable process for your business? Say hello to Lightyear! Our award-winning platform automates data entry and approvals, streamlining your traditional Purchasing and Accounts Payable processes and saving you time and money.

Features

  • 100% accurate line-item data extraction instantly
  • Automated bookkeeping on every line item
  • Automatic bank details check
  • Automated supplier statement reconciliation
  • Automated 3-way matching
  • Advanced procurement and PO approvals
  • Direct-to-supplier ordering
  • Goods received matching
  • Multi-currency support
  • Detailed reporting on all your purchases, including COGS
  • Archive with full audit trail
  • And more!

Accounts Payable Module Our Accounts Payable module delivers a paperless office, perfect for remote AP teams. Lightyear's data extraction technology instantly and accurately extracts line-item data and fully automates bookkeeping on a line-by-line level. Bills and credits are approved through a customisable workflow and automatically synced with Xero (and Xero Inventory/Point of Sale Systems if required). Bills are stored online for seven years, enabling a wholly connected and paperless organisation.

Purchasing Module Our Purchasing module utilises the latest technology to automate and streamline your purchasing processes. With features like automated 3-way matching on the line-item level, auto-importing of purchase orders from Xero, and a customisable approvals matrix, you can decrease approval time, ensure spend control, and prevent fraud. Plus, receive goods against POs and let Lightyear do the heavy lifting with our automated line item 3-way matching.

The complete package to manage and elevate your business.

With unbeatable technical support, partnership programs & referral schemes, plus our 30-day free trial, you can be sure of a smooth transition into automated success!

Good software shouldn't be complicated. The Lightyear approach is simple: build great products, great teams and always respect our customers.

Discover how Lightyear can simplify your purchasing and accounts payable processes. Try Lightyear today!

Lightyear
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Lightyear + Xero

Streamline your accounting workflow with just one click! With Lightyear you can easily export your accounts payable data to Xero, including supplier cards, categories, tax codes, and GL's - all on a line-by-line basis. Once your data is in Xero, your accountant can efficiently pay your approved bills.

But that's not all - we also offer an easy way to sync your stock data with Xero Inventory with just one click. Simplify your inventory management and keep your records up-to-date effortlessly.

Are you unsure if Lightyear is the right solution for your business? Don't worry - our team is here to help. We're ready to guide you through the benefits of using Lightyear and how it can help streamline your accounts payable process.

Reviews & ratings

5.0 out of 5 stars
126 Reviews

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Most recent reviews

MD
Matthew Dreaper
Posted 24 Jun 2024
3 out of 5 stars

Powerful product, some challenges for users

Lightyear has developed very powerful software that reads customer bills down to line item level. Then it has a powerful PO capability with 3-way matching of goods receipts and lines on bills to the original PO. These capabilities make the system more challenging than some to implement and to get working in the right way for your organisation. We have also found some challenges with the system's usability - especially when it comes to queries and reporting. Hoping that Lightyear overcome these challenges and that we can give a 5* rating in the future.
GS
Gaurav Shrestha
Posted 26 Mar 2024
5 out of 5 stars

Great Software, Excellent Support Team

Quick with their responses and proper resolutions for issues.
CN
Claire Nguyen
Posted 21 Mar 2024
5 out of 5 stars

Backend Support

Fast and efficient.

Additional info

Shared data

Xero
Lightyear
Invoicesshared from Lightyear to Xero
Credit Notesshared from Lightyear to Xero
Contactsshared from Xero to Lightyear and from Lightyear to Xero
Accountsshared from Xero to Lightyear and from Lightyear to Xero
Tracking Categoriesshared from Xero to Lightyear and from Lightyear to Xero
Tax Ratesshared from Xero to Lightyear and from Lightyear to Xero
Itemsshared from Xero to Lightyear and from Lightyear to Xero

Functions

Invoicing and jobsBills and expenses

Industries

HospitalityAccountingFranchise

App details

By Lightyear
Added in 2018

Countries

Australia, Canada, Global, Hong Kong, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@teamlightyear.cloud

Contact

02896002357

Follow

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Try Lightyear for free

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.