About Lightyear AP
Lightyear is an award-winning, 5* cloud app built to automate large SMEs & Enterprise level Purchasing & Accounts Payables processes. Lightyear offers unlimited users & entities, Partnership Programs & referral schemes as well as unbeatable technical support, free demo & a 30-day free trial.
How does Lightyear AP work?
Our Procurement & Accounts Payable approval workflows allow Purchase Orders & Bills to be
approved in seconds, saving businesses more than 80% of their costs & time while also removing human error. Lightyear's instant data extraction enables businesses to get a real-time overview of their payables data & our new business intelligence feature allows them to make smarter & better-informed cashflow & forecasting decisions.
Key Features
The Lightyear Purchasing and Accounts Payable solution seamlessly and easily integrates with most accounting software to create a smooth end-to-end solution from Purchase Order creation to exporting your Accounts Payable docs to your solution. Below are just a few of the benefits enjoyed by customers.
- 100% accurate, real-time data extraction: Utilizing proprietary data extraction technology Lightyear will extract SKU data and coding instantly as standard removing any manual data entry, with up to 100% accuracy from your bills, Lightyear will utilize secondary OCR technology as a backup solution to ensure customers have access to a fast and reliable source of data extraction for the Accounts Payable process.
- Cross-platform benefits: Improved and highly accurate data extraction ensures better quality data to feed into your accounting software. All invoices will be sent to your accounting software from Lightyear as a PDF and link, you can automatically reconcile statements within Lightyear removing another manual process, all ingestion of PO information from your accounting software into Lightyear can ensure a highly accurate 3-way line item matching process takes place, all tax code information will move smoothly from one software to another.
- Real-time oversight: Lightyear provides customers with live insights and reporting outside of core systems enabling faster & more efficient decision-making on forecasting and cash flow management.
- Unified Communications and Audit Trail: Lightyear provides increased visibility for approvers and suppliers to see unpaid/disputed bills with the ability to tag or directly communicate with all relevant parties from within one place, through this functionality a true audit trail is created that enables more efficient auditing processes via Lightyears online archive.
- Human-centred and affordable mid-market software: Customer feedback drives all of Lightyear’s features, meaning that they develop, build and release features faster than any of their competitors, bringing an enterprise-like product with mid-market pricing and implementation costs. With a global team covering most time zones, all Lightyear support is live and free 24/5, included in the monthly cost.