Future Transfer

"We provide agricultural logistics and distribution services utilizing our own dedicated fleet including bulk tankers, tractors, dry vans and railcar movers."


We spoke with Vice President Chan Perera & Controller, Gary Armstrong  about the impacts of implementing Lightyear.
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Future Transfer

We provide agricultural logistics and distribution services utilizing our own dedicated fleet including bulk tankers, tractors, dry vans and railcar movers.


We spoke with Vice President Chan Perera & Controller, Gary Armstrong  about the impacts of implementing Lightyear.

"Get on board with Lightyear, it is a very effective solution for AP processing, it's a great product and you will not be disappointed."

Who are Future Transfer?

We provide agricultural logistics and distribution services utilizing our own dedicated fleet including bulk tankers, tractors, dry vans and railcar movers. 

Our modern warehouses are spotless, well organized and secure, with all locations meeting and exceeding standards set by the Agriculture Warehousing Standards Association (AWSA) providing over 1.5 million square feet of storage capacity. Our capabilities include several lines dedicated to packaging liquid products to allow for peak proficiency in addition to an extensive rail spur capacity. We are a privately owned corporation with facilities across Canada.
What were the pain points you needed Lightyear to solve?
To efficiently and effectively manage our accounts payable processes.

Were you previously using an Accounts Payable solution, if so, what was it and why have you moved?
Prior ownership utilized DCI for AP processing however we needed a user friendly and cost  effective system.

Why have you chosen to implement Lightyear?

Lightyear presented an easy to use application that facilitated our needs for AP processing and approval. It had great functionality and a very helpful team that showed us what it can do, especially the Head of Onboarding  Rebeca Coulter.


Did you Find Lightyear easy to implement?

Yes


Did you encounter any initial objections from staff, if so what were they and how did you overcome them?
No, everyone involved was very happy from the first demonstration how easy the system was.

Did you avail of our Let's Get Going (onboarding) program and If yes did you find it useful and why?
Very useful, the level of service and helpfulness of the team was excellent.

Were you happy with the level of customisation available to you?
Very.

Pre-lightyear, how long did you spend on these Accounts Payable tasks?
  • Manually entering in data into accounting software per month:  30+ Hours
  • Getting approval to pay 1 bill:   1-5 Days
  • Finding 1 supplier invoice:   5 Minutes
  • Compiling accurate financial reports:   1-2 Hours

Since implementation how long is your team spending on the same Accounts Payable tasks? 
  • Manually entering in data into accounting software per month:   Less than 2 Hours
  • Getting approval to pay 1 bill:   1-2 days
  • Finding 1 supplier invoice:  Less than 1 minute
  • Compiling accurate financial reports:   Less than 1 Hour

Since implementing Lightyear, on average, how many supplier bills did you need to go back and fix errors with your Accounts Payable data in your accounting software? 
  • 0-10%

What percentage on costs are you saving on your overall accounts payable functions and have you been able to take advantage of early payment discounts? 

We have been able to take advantage of early payment discounts every time and on average we are saving 31-40% on Account Payable costs.


What would you say to someone who is potentially transitioning to Lightyear?

Great product with excellent service, you will not be disappointed. One of our favourite aspects is that you can see the supplier invoice all the way through the approval process. We also enjoyed the visual presentation of the status of invoice processing in the dashboard. 


Out of 5 how many stars would you rate Lightyear?

5*



What are your favourite Lightyear features?

Supplier Management

Data Extraction

Duplication Flagging

Inventory/Catalogue Management

Statement Reconciliation

3-Way Matching

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