4.9
Overall rating
Reviews

4.9
Overall rating
Reviews

About Lightyear

Lightyear is an industry-leading cloud platform providing intelligent automation solutions for large SMEs & Enterprise level Purchasing & Accounts Payables processes. Designed to work across all industries, our end-to-end approvals workflows are up to 80% faster than traditional methods, enabling purchase orders & invoices to be approved in seconds and removing paper from the office. Advanced Automation: Automatically assign general ledger (GL) codes, tax rates, categories, or departments to line items, streamlining data processing and improving accuracy. Price Verification: Compare product prices against verified supplier pricing, ensuring invoice accuracy and cost control. Seamless Integrations: Lightyear integrates seamlessly with leading third-party applications, including Abcom, MYOB, Xero, Sage 50, Fuelsoft, and more. This enables smooth data synchronization and enhances overall workflow efficiency. Mobile Applications: Lightyear offers dedicated mobile applications for both iOS and Android platforms, allowing you to access and manage accounts payable processes on the go. Subscription and Support: Lightyear is available through monthly subscriptions, providing flexibility and scalability. The platform offers extensive support through documentation, live chat, and phone assistance, ensuring you receive the guidance and assistance you need.
Lightyear Software - Automate your approval workflow based on supplier information, bill value or keyword rules. With up to 8 levels of approval throughout your organisation and a clear overview of bill status, your team will save hours on chasing approvals.
Lightyear Software - Software syncing at its best. Quick and easy setup with your software platforms means bill processing has never been faster. Save your team from duplicated work with a solution that offers 2-way data syncing to your ERP or accounting platform.
Lightyear Software - Mobile App
Manage approvals and PO creation on the go. Faster invoice processing and less chasing for your finance team.
Lightyear Software - Automate your approval workflow based on supplier information, bill value or keyword rules. With up to 8 levels of approval throughout your organisation and a clear overview of bill status, your team will save hours on chasing approvals.
Lightyear Software - Inventory Management
Get real-time stock data in your inventory system by syncing your stock and quantity data from your supplier bills with your stock management system.
Lightyear video
Lightyear Software - Automate your approval workflow based on supplier information, bill value or keyword rules. With up to 8 levels of approval throughout your organisation and a clear overview of bill status, your team will save hours on chasing approvals. - thumbnail
Lightyear Software - Software syncing at its best. Quick and easy setup with your software platforms means bill processing has never been faster. Save your team from duplicated work with a solution that offers 2-way data syncing to your ERP or accounting platform. - thumbnail
Lightyear Software - Mobile App
Manage approvals and PO creation on the go. Faster invoice processing and less chasing for your finance team. - thumbnail
Lightyear Software - Automate your approval workflow based on supplier information, bill value or keyword rules. With up to 8 levels of approval throughout your organisation and a clear overview of bill status, your team will save hours on chasing approvals. - thumbnail
Lightyear Software - Inventory Management
Get real-time stock data in your inventory system by syncing your stock and quantity data from your supplier bills with your stock management system. - thumbnail

Lightyear pricing

Lightyear does not have a free version but does offer a free trial. Lightyear paid version starts at £99.00/month.

Starting Price:
£99.00/month
Free Version:
No
Free trial:
Yes

Alternatives to Lightyear

Lightyear Reviews

Feature rating

Value for Money
4.8
Functionality
4.8
Ease of Use
4.9
Customer Support
4.9
5 reviews of 154 View all reviews
Mark
Mark
  • Industry: Nonprofit Organisation Management
  • Company size: 501–1,000 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
0
Features
4
Ease of Use
5
Customer Support
5

5
Reviewed on 24/3/2021

Terrific Service and a Continually Improving Product

Overall, it's been fantastic. There is no such thing as a perfect system, but it is the people behind the software which really impress me. The fact that when things go awry, it is so easy to open the instant chat and speak to [SENSITIVE CONTENT HIDDEN] is a great touch. The service is paramount. I've had issues which were solved overnight which comes to show they really do listen.

Pros

Lightyear is visually pleasing-it's quite simple to use and understand. From the user perspective who inputs data on invoices and approves them, it's straightforward and the layout of the software does not show you more than what you need to see, however, underneath the simple processes there is complexity. Lightyear makes supplier creation, GL code settings linked to export files such as Excel, and GST codes etc are somehow made simple to set up. One thing I find particularly great is whenever I input an ABN number during the Supplier Creation process, it autofills the Supplier Name field. Additionally, this is a drop down menu, so i am able to choose ANY of the Business Names linked to this ABN.

Cons

Sometimes, there have been system bugs and I'm unable to export data for a brief amount of time, or when we top up credits to use the system, the old credits are not rolled over their expiry date. It would be great if there was a notification in place to let us know that our credits are expiring soon or we are running low. Also, there are some things which cannot be customised. For example, the Export to File which is a function that exports invoice data into a spreadsheet, cannot be modified from my end. Lightyear do add features from time to time, but I'm not sure if consumer recommendations are actually involved in the process.

Jane
  • Industry: Accounting
  • Company size: 11–50 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
4

4
Reviewed on 27/5/2020

This software took away our headaches with accounts payable

We love using Lightyear. It provides a fast, smooth process for auto processing and two-step approval. This saves us time and gives us the control process we need with administration staff checking mapping and accounts along with Directors approving the bill for payment; all before getting exported to Xero.
Customer support is helpful and timely , especially during the set-up process.

Pros

Integrates seamlessly and easily with Xero - our accounting software

The option for single, double or exec approval process within Lightyear - meaning bills can be directly exported to the payment tab in Xero rather than draft.

Ability to file statements within the software - very handy with suppliers that send multiple dkts then ask you to pay on a statement

Cons

Minor wish list item:The archive tab for completed bills would be handier to search if located on the horizontal tab area where reviews, approvals are shown - rather than only accessible from the left-hand menu bar.

Rachael
  • Industry: Construction
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
4
Features
4
Ease of Use
4
Customer Support
4

4
Reviewed on 27/7/2022

Time Saver

Charlie has been great and customer service has been very quick in replying and solving questions. Approval processing is working well, overall happy.

Pros

The Manager function has worked well for us as we have offices in different locations which has made the approval of invoices more efficient.
Easy to see where the approval process is up to.
Exporting invoices to our accounting system is great.
Also like the audit trail feature.

Cons

We haven't used the PO system yet but looking forward to the enhancements that will suit the way we use them. Yes they have listened to us and adding options to suit our business.

Sarah
  • Industry: Wholesale
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
3
Ease of Use
4
Customer Support
4

4
Reviewed on 19/3/2024

Lightyear as Approval and Processing Accounts Payable

Mostly it is a very good software. It does save a huge amount of processing time, identifies duplicate invoice numbers, streamlines and smoothens the approval system. The Manage Suppliers function helps auto G/L coding to eliminate any inconsistencies and human errors.

Pros

Taken a huge load in processing time of the supplier invoices, it can streamline the processes, identify duplicate invoices and eliminates any human errors.
It is also well integrated with Xero.

Cons

Getting the right mapping for some suppliers due to their invoice formats can sometimes be challenging and ongoing.

Credit notes can at times be problematic as the reference in the credit notes can cause confusion in the processing (due to formats), they can be processed as the original invoices again rather than credit notes.

Daniel
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 26/5/2020

Accounts Payable Perfection

Extremely happy.

Pros

Lightyear allows us to easily manage the accounts payable process across our entire client base. It's unqiue mapping extraction process as well as logical flow of information, clean user interface, filing cabinet, approval process, inventory and duplicate recognition make it in my opinion the best accounts payable solution on the market. There support team is second to none.

Cons

Integrations with more POS programs or even job management programs would only increase Lightyears potential.

Alternatives Considered

Hubdoc, Dext Prepare and Datamolino

Reasons for Switching to Lightyear

The additional functionality and accuracy of the extraction process/technology.

Response from Lightyear

Many thanks for taking the time to leave us a review. It is great to hear that you are taking full advantage of LIghtyear. We are always working on new integrations and more are coming soon.

Replied 28/5/2020

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