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 See pricing details
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 158 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 24/03/2021

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.

Chris
  • Industry: Nonprofit Organisation Management
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
4
Features
5
Ease of Use
4
Customer Support
5

5
Reviewed on 25/05/2020

Lightyear works as promised

Lightyear provided more accurate invoices from different kinds of suppliers and minimised the need for manual input, provides transparency as all the history is included with the bill and allow for Approvers to view the invoices for their area so provides confidentiality and saves them time.
Staff skills and time can be used more productively on more than inputting invoices.

Pros

Every step of the process has been excellent and the ongoing support has continued to be excellent.
The initial contact was responsive and guided through the set up to allow us start processing quickly.
The product is logical to follow and easy to view and provides options every step of the way.
The data extraction is very accurate and adaptable to different supplier invoices and the mapping team is very quick. This is more accurate than our previous software.
To email queries from within Lightyear saves so much time and hassle looking for emails and provides great transparency.
Separation of users to their department only
Choosing where we export to Xero has been essential to facilitate approval levels
Lightyear continues to improve their
Service to queries has been responsive and solutions are specific to our company using information and not a regurgitating the help function.

Cons

There is a lot of functionality and detail so can be a little overwhelming.
Support videos and notes focus on administrators but could find information on guiding from the other user roles perceptive after initial guide when first login

Response from Lightyear

Many thanks for the review. Great to hear that you are finding the data-extraction to be more accurate and quicker than your previous supplier.

Replied 28/05/2020
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 27/07/2022

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.

Justin
  • Industry: Hospitality
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 25/05/2020

Efficient, intelligent and easy-to-use

The team at Lightyear are hospitality-experienced and so empathise and comprehend my business and the daily problems I need to resolve. They are fantastic to deal with - grounded, patient (I test them on this), understanding and always willing to help and train. They are more than a supplier - they are a true business partner, with the best interests of my business as their main concern (even if it means cutting themselves short a few dollars here and there). A great company to have on your side, and an inspirational team to work with.

Pros

Once set up, it's a one-stop-shop for invoice receipt, accounts payable and receivable reconciliation, cost management, and business information. It is intuitive and simple to use, extremely cost-effective and takes out some of the most mundane and laborious tasks so I have more time to work on improving my business and keeping front-of-house. I could not recommend it more highly.

Cons

There's nothing I dislike about this product - I am overly happy to have it as part of my suite of tools.

Response from Lightyear

Many thanks for the review. We're glad to hear that you are taking full advantage of Lightyear.

Replied 28/05/2020
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 26/05/2020

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 28/05/2020

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