Intelligent Purchasing & Accounts Payable
Purchasing | Data Extraction | Approvals | Reporting
80%
faster payables processing
$20 Billion
$ Bills processed in 2022
99%
customer satisfaction rating
30,000 +
users in 20 + countries
1 Million +
data entry hours saved
5000 +
Trees saved in 2022
Award Winning
5 Star rated and Award winning
24/5
telephone & live-chat support
Introducing Lightyear ...
The Purchasing and Accounts Payable platform revolutionising the global procurement landscape.
Watch our short video to get a quick overview of what we do.
Purchasing
Create Purchase Orders
Order Goods/Services
Receive Goods/Services
Automated 3-Way Match
Accounts Payable
Data Extraction
Automated Bookkeeping
Export API/CSV
Statement Reconciliation
Cross Platform Features
Approvals
Reporting
Budgets
Archive
Accounting Sync
Inventory sync
The features that power Lightyear
Purchase Orders
Create, approve and send PO's to your suppliers for immediate ordering. Match your POs with your deliveries and invoices for 3-way matching.
Intelligent Data Extraction
LExA extracts all the line-item data from your suppliers invoices, credit notes and statements. Extract data from receipts too!
Automated Bookkeeping
Set bookkeeping automation rules for GL coding, tracking categories and supplier tax rates. Set rules based on supplier or Invoice specific criteria.
Price Check
Compare each lines' product code with your supplier's agreed price list, flagging any that are overcharging to you.
3-Way Matching
Automatically 3-way match your purchase order with your GRN and your suppliers Bill in seconds on a line item level.
Bank Verification
Flags fraud detection by checking the extracted bank details on an invoice against your own records.
Auto Reconcile Statements
Touchless Supplier statement reconciliation. Lightyear will Automatically reconcile your supplier statements and flag variances for review.
Approvals
Multi-tiered approvals process to approve your supplier invoices for payment and purchase orders. Get up to 5 levels of approval.
Integrations
Integrate your data with your Accounting, ERP and Inventory softwares. With our cloud API integrations you can sync your data 2 way in one click.
Award Winning & Universally Trusted
Accounting, ERP and
Inventory / Point of Sale Integrations
We integrate with the leading Accounting, ERP and Inventory platforms to make getting your data into these systems a simple process.