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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
133
Xero users
Try this app
Free trial
available
Listed for
6 years
September 2018

Lightyear can help your business

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.

Expenses Module Our expense management module provides a flexible platform that enables employees to collect and submit reimbursable expenses on-the-go. Designed for efficiency, our expense solution uses the Lightyear mobile app to snap receipts, extract data in real-time, and submit for approval, helping to streamline the claims process. Collate receipts into a single report for quick approvals and easy processing.

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
133 Reviews

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Most recent reviews

MG
Mavneet Girn
Posted 7 Nov 2024
5 out of 5 stars

Amazing platform

Lightyear has been amazing to help solve many of my AP issues I was having. It has made processing invoices very easy and quick with just a click of a button, Lightyear were also helpefull with setting this up for me and with any issues I had going forward.
KC
Kelly Corbishley
Posted 30 Oct 2024
5 out of 5 stars

Brilliant Service

Krish has been so helpful and considerate of the business's needs during the process of transitioning from the current paper-based documentation to the electronic process with Lightyear. Krish also has a great sense of humor, making the process so much nicer. Thank you!
TW
Tayla Webb
Posted 24 Sep 2024
5 out of 5 stars

Easy to use

Lightyear has been easy to set up especially with Krish's help with loading in all suppliers and setting up basic mappings.

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

FranchiseHospitalityAccounting

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

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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.