The Royce Aged Care (Tulich)

Tulich Family Communities are involved in six retirement and aged care communities in New South Wales, each dedicated to the ongoing independence of each and every resident. The Tulich philosophy at the heart of every community is that retirement—far from being a time to slow down, marks a new beginning in life.

We spoke with CFO Aidan O'Flaherty

The Royce Aged Care (Tulich)

We spoke with CFO Aidan O'Flaherty

95% time reclaimed with archive search, 80% decrease in bill approval time & 50+% reduction in financial reporting time

What were the pain points you needed Lightyear to solve?

We were looking for a solution that could assist us with;

Digitalising invoices
Streamlining approval process
Online purchase orders

Were you previously using an Accounts Payable solution, if so, what was it and why have you moved?

Lightyear is our first Accounts Payable solution.

Why have you chosen to implement Lightyear?

Time saving
Approval reviews
Good governance

Did you encounter any initial objections from staff, if so what were they and how did you overcome them?

Change management is always tough. Objections were based around the time required to complete the process however once the process was in place and appropriate training provided it was great.

How did Lightyear help you overcome those difficulties?

Lightyear support was excellent as we purchased the implementation support (Lets Get Going) package.

How useful did you find our Lets Get Going Program?

Very useful and value for money was excellent. Took away all the worries of implementation. If there was an issue, you could just pass it to the LY team.

Pre-lightyear, how long did you spend on these Accounts Payable tasks?

Manually entering in data into accounting software per month: Less than 20 Hours
Getting approval to pay 1 bill: 7-10 Days
Finding 1 supplier invoice: 20+ Minutes
Compiling accurate financial reports: 4+ 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 30 Minutes
Getting approval to pay 1 bill: 1-2 days
Finding 1 supplier invoice: Less than 1 minute
Compiling accurate financial reports: 1-2 hours

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?

10 - 20%

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?

Since we have implemented Lightyear we are saving on average 20-30% on Account Payable costs, which is a brilliant result. In terms of early payment discounts, we have not reported a change in the amount we are availing of.

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" Lightyear is a cutting edge technology" - Sophie (Pizza Pilgrims Financial Director).

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We spoke with Anneliese Mauritz who is the Director at Bilanz.

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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.

Optimising AP processes, reducing costs & reclaiming more than 80% of manual entry time

Nelson Meers Hotel Group 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 Nelson Meers Hotel Group.

Streamlining AP processing and removing human error

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.

Get back your time and remove human error

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

Our process of authorising and payment of invoices was very manual, we wanted to move into receiving invoices digitally and hold a copy invoice on the cloud, which would be accessible at all times especially working from home.

"Its real time, it creates a faster turnaround with the ability to retrieve a copy of the invoice at a touch of a button"

Clandeboy lodge have been using Lightyear for over 1 year to speed up their Accounts Payable processing and giving them rich product data for analysis on their purchases.

We spoke with Alec Craig, Financial Controller with Clandeboye Lodge to find out how they are using Lightyear in their hotel business.

The Royce Aged Care (Tulich)

The Royce Aged Care (Tulich)

95% time reclaimed with archive search, 80% decrease in bill approval time & 50+% reduction in financial reporting time

See the Case Studies That Our ClientsHave Submitted

"Lightyear compliments accounts payable process improvement perfectly" - Anneliese Mauritz

Optimising AP processes, reducing costs & reclaiming more than 80% of manual entry time

Streamlining AP processing and removing human error

Get back your time and remove human error

"Easy to use & approve bills & export to Xero" - Lynley Pryde

"Its real time, it creates a faster turnaround with the ability to retrieve a copy of the invoice at a touch of a button"

Improving productivity and reporting in Accounts Payable.

See the Case Studies That Our Clients
Have Submitted