Accounts Payable that scales with your business
Lightyear delivers a paperless office, eliminates data entry and puts an approvals workflow into the palm of your hand.
Take Accounts Payable collaboration to the next level with real-time tagging and notifications to keep everything auditable and in 1 system. Collaborate across your finance team from your suppliers, accounts payable team, accountants and approvers.
80%
faster payables processing
$4 Billion
of bills processed in 2020
99%
customer satisfaction rating
15,000 +
users in 10 + countries
500,000 +
hours saved annually
1000 +
trees saved annually
Award Winning
GSA Startup Of The Year 2019
24/5
telephone & live-chat support
Eliminate data entry and automate approvals into
Accounting, Point of Sale, Inventory and Work Management systems.
Creating an efficient Accounts Payable process can be tricky, but not with Lightyear. Traditional solutions focus on handling your paper bills better. At Lightyear, we believe that if you start with paper, you end up with rubbish. Just because you receive a paper bill does not mean that you need to process it.
Simple to implement
Lightyear receives and processes your supplier's pdf bills in real-time ... just the supplier's normal bills, sent to you as a pdf - nothing fancy, so supplier adoption is a breeze. Then, LExA (Lightyear's Extraction Automation) extracts line-by-line data with incredible accuracy in real-time before putting the bill in front of the person whose job it is to approve it ... the person who needs to see it, and use the data contained within it.
Incredible savings
Lightyear saves teams up to 80% of their time by removing and automating repetitive and mundane tasks that can be prone to human error. You won't see the cost of processing bills as a line item on a P&L, but the cost is there - in payroll, office space, stationary, over-charging, duplicate payments and missed opportunities for early settlement discount. Lightyear cuts those costs dramatically, allowing you to put those resources into growing your business.
Trusted and secure
Lightyear is GDPR compliant, is ISO-27001 certified and has features such as two-factor authentication, so you can rest easy in the knowledge that all your data is held securely in the cloud, giving you peace of mind and easy access whenever you need it.
Eliminate data entry and automate approvals into
Accounting, Point of Sale, Inventory and Work Management systems.
Creating an efficient Accounts Payable process can be tricky, but not with Lightyear. Traditional solutions focus on handling your paper bills better. At Lightyear, we believe that if you start with paper, you end up with rubbish. Just because you receive a paper bill does not mean that you need to process it.
Simple to implement
Lightyear receives and processes your supplier's pdf bills in real-time ... just the supplier's normal bills, sent to you as a pdf - nothing fancy, so supplier adoption is a breeze. Then, LExA (Lightyear's Extraction Automation) extracts line-by-line data with incredible accuracy in real-time before putting the bill in front of the person whose job it is to approve it ... the person who needs to see it, and use the data contained within it.
Incredible savings
Lightyear saves teams up to 80% of their time by removing and automating repetitive and mundane tasks that can be prone to human error. You won't see the cost of processing bills as a line item on a P&L, but the cost is there - in payroll, office space, stationary, over-charging, duplicate payments and missed opportunities for early settlement discount. Lightyear cuts those costs dramatically, allowing you to put those resources into growing your business.
Trusted and secure
Lightyear is GDPR compliant, is ISO-27001 certified and has features such as two-factor authentication, so you can rest easy in the knowledge that all your data is held securely in the cloud, giving you peace of mind and easy access whenever you need it.
What businesses love about Lightyear
Data extracted, without scanners
LExA extracts line item data which can be shared with accounting and 3rd-party systems, eliminating data entry.
Rules-based automation
Automatic routing of bills, automatic price-checking and automatic GL-coding reduces costs, and errors.
Customisable Approvals workflow
E.g., allow departmental managers to approve bills, before owner & bookkeeper sign-off.
Automated Statement Reconciliation
Lightyear automatically ensure there are no missing bills or credit notes at month-end.
Collaboration & Discussion
@mention colleagues and finance teams to notify them, ask questions and send approval tasks.
Group structure access
Associate companies together, and get a holistic view of all your businesses.
“Lightyear has allowed our bookkeeper to reduce data entry by between 40 and 50 percent.”
“Lightyear has allowed our bookkeeper to reduce data entry by between 40 and 50 percent.” - The Cardan Bar & Grill
Trusted by leading businesses everywhere
"Hundreds of our McDonalds clients are using Lightyear - It's great for speeding up the entry of bills and supporting separate bill authorisation."
Max Telford, CEO
Maxtel Software
“With more than one million bills processed, Lightyear continues to be an invaluable addition to Abcom’s suite of business applications."
Jim Hawkins, CEO Abcom Software
"Lightyear has an easy to use interface, eliminating data-entry and facilitating better business processes around the accounts payable function."
Mitch Stone, PartnerPKF Sydney
"The software itself it very user friendly, making our processes much more efficient and eliminating our need for paper in the accounts payable process"
Pearse Mulvenna, Financial Controller
Andras House
"I love that all my actions can be done in one place - Lightyear stores/archives all information received and makes searching it a breeze."
Sharon Batty, Accountant
"The beauty of Lightyear is that everything happens before it reaches our accounting software which makes the process much more flexible and accurate."
Glenda McKechnie, Accounts Payable
Stone & Wood
"Since we started using Lightyear, I have saved at least 4 hours a week in wages. We run two entities and I was able to create a sister company at no extra cost."
Tamara Miller, Accounts
Border Inn Hotel
"Simplicity - easy for non-finance users to navigate, a clear audit trail on all interactions with our docs and it is very cost-efficient."
Merran Brookman, Financial Controller
Zagame Corporation
"Lightyear tells you what bills are missing and allows you to contact the supplier to request missing bills directly from the software. Amazing!!!"
Christine So, Bookkeeper
The MBA Partnership
"Saves so much time. It is so easy to use, and the staff friendly and knowledgeable. It was very easy to train our farm managers to use. We love it!"
Nicole McLean, Assistant Accountant
Compass Agribusiness
"Lightyear allows us to easily manage the accounts payable process across our entire client base. The parent dashboard gives great visibility across them all."
Daniel Hardy, Director
ProAMS
"I've been using Lightyear for a few years for larger clients and have just recently transitioned my smaller clients across. Regardless of the size of business, Lightyear provides great efficiencies."
Katherine Powell
"Lightyear delivers, and then some. I have found the accuracy of the data extraction and multi-level approval rules have significantly reduced manual processing costs."
Chris Styant
"The Lightyear team are fantastic to deal with - knowledgable and patient. They are more than a supplier. They are an invaluable and trusted business partner, who have the best interest of our businesses to heart."
Justin N, GM
