Laundy Hotels
Laundy Hotels is a hospitality group comprising of 38 hotels and restaurants all over NSW.
We spoke to Accounts Manager Margaret Donnelly about how Lightyear has helped Laundy hotels go paperless and transform their accounts payable process.
Since implementing Lightyear into our business over 2 years ago, the efficiency of our AP department has increased by 80% due to the ease of searching data and exporting into MYOB. It is a very slick process from start to finish.
Who are Laundy hotels?
The Laundy family, beginning with Arthur Snr, have been in the hospitality industry since 1945. Now, with Arthur Jnr leading the company, Laundy is one of the biggest names in the NSW hospitality industry. Laundy Hotels is now the head of multiple venues in the Greater Sydney Region, Central Coast, South Coast and country NSW. These hotels vary greatly in size, service offering and customers but all with the same Laundy focus of good service and providing friendly, social environments.
What issues were you facing in your accounts payable processes that caused you to need Lightyear?
As we have venues all over the state, getting paper invoices to our head office in Sydney was always a battle to pay on time. Lightyear completely removed this barrier, enabling us to go paperless. Plus, Lightyear makes it easy to check document history, which is a massive bonus.
Have you used ap automation apps before Lightyear?
Lightyear was the first automation app we have used. We signed up for the Let’s Get Going programme, which made set-up a breeze and helped with team buy-in. It’s very user-friendly, and when in doubt, the support team (with real people) are always available to assist in problem-solving.
Before Lightyear, how long did it take your team to:
- Manually enter data in accounting software every month? 30+ hours
- Get approval to pay 1 bill? 10-15 day
- Find a supplier invoice? 5 minutes
Since implementing Lightyear, how long does your team spend:
- Manually entering data into accountancy software per month?
- Less than 2 hours
- Getting approval to pay 1 bill? 1-2 days
- Finding 1 supplier invoice? 1 minute
What percentage of costs are you saving on your overall accounts payable functions?
20-30%
What is the most significant benefit of using Lightyear?
Lightyear saves so much manual labour, and the duplicate flag is a must!
Out of 5, how many stars would you rate Lightyear?
5*
What are your favourite Lightyear features?
Archive and reporting
Duplication Flagging
Supplier Management
Statement Reconciliation
See what our other customers say about Lightyear
Sonnel have 14 hotels across Australia and have been using Lightyear since mid 2020 to more efficiently and effectively manage their AP processes.
We spoke with Sanjay de Silva who is the Compliance Officer & Stocktake Manager for Sonnel.
COVID has put a huge pressure on many businesses to reassess how they operate as some business procedures are simply no longer viable.
Healthcare Ireland implemented Lightyear to go paperless with their Accounts Payable as no one could access paper after switching to remote working.
Pizza Pilgrims are a multi-site pizzeria franchise that have been using Lightyear for 5+ years. Their previous process was very manual, with a lot of data entry and checks.
We spoke with both the Financial Director Sophie and the Financial Controller Laura of Pizza Pilgrims, to get their perspective on why they chose Lightyear and more importantly, why they stay with us.
"Lightyear is a cutting edge technology"
Launch was "launched" in 2015 and I took over the ownership in 2018. I needed a solution that would reduce data entry and allow clients to approve their bills.
We spoke with Bookkeeper Lynley Pryde to catch up on all the changes to Launch since she has implemented Lightyear.
"Easy to use & approve bills & export to Xero" - Lynley Pryde
St Basil's have been using Lightyear since July 2020 and have enjoyed 30+% reduction in AP costs, up to 50% increase in efficiency of financial reporting and much more.
The Royce Aged Care have seen marked improvements in their business processes and functions since implementing Lightyear in 2020.
95% of time reclaimed with Archive Search, 80% decrease in bill approval time & 50+% reduction in Financial Reporting time.
