Lightyear

Who Uses Lightyear?

Lightyear is industry agnostic and scales from SME up to enterprise. Our main client base includes hospitality, retail, construction, manufacturing and aged care.

What Is Lightyear?

Lightyear is the world's fastest Purchasing and Accounts Payable tool suite designed for SMEs to large businesses. Save up to 80% of your time by speeding up processing, increasing collaboration and automating your workflow.

Break free from data entry with automated line-by-line data extraction. Create, approve & track orders. Speed up approvals with customisable approval workflows & improve collaboration & compliance with our suite of messaging, note-taking, audit and communication tools.

Lightyear Details

Lightyear

https://www.lightyear.cloud/

Founded 2018

Lightyear pricing overview

Lightyear does not have a free version but does offer a free trial. Lightyear paid version starts at US$79.00/month.


Starting Price

US$79.00/month

Pricing Details

1 low cost per document exported. Unlimited users, all features included

Free Version

No

Free Trial

Yes

Lightyear deployment and support

Support

  • 24/7 (Live Rep)
  • Business Hours
  • Online

Deployment

  • Cloud, SaaS, Web
  • Mobile - iOS Native
  • Mobile - Android Native

Training

  • Live Online
  • Webinars
  • Documentation

Lightyear Features

  • 1099 Preparation
  • Aging Tracking
  • Approval Process Control
  • Cash Management
  • Check Writing
  • Data Extraction
  • Duplicate Payment Alert
  • Electronic Funds Transfer
  • Fraud Detection
  • Invoice Processing
  • PO Reconciliation
  • Recurring Payments
  • Vendor Management

View full list of Accounts Payable Software

Lightyear Alternatives

More Lightyear alternatives

Lightyear Reviews for UK Users

Read all reviews

Overall rating

4.9/5

Average score

Ease of Use 4.8
Customer Service 4.9
Features 4.7
Value for Money 4.8

Review software

Share your experiences with other software buyers.

Write a Review!
Megan R.
Management Accountant
Accounting, 11-50 Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    Unrated
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 16/06/2020

"Time Saver"

Comments: Using Lightyear eliminates the overhead of a staff member and risk of manual data entry errors. Saves time and money for the business

Pros: - Ease of access for different managers to approve their own departments invoices
- ability to bring up old invoices as a click of a button
- quick turn around from customer service team
- Data interpretation to avoid data entry errors
- Access 24/7 anywhere in the world

Cons: Phone app does not have all the same capabilities as the website, waiting for further updates.

  • Reviewer Source 
  • Reviewed on 16/06/2020
Verified Reviewer
Practice Principal
Accounting, 2-10 Employees
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    4 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 12/06/2020

"Game changer"

Comments: Fantastic, over the couple of years I have been using the program I have had nothing less than outstanding service from the support team and after initially only using it for my larger clients, it has been an easy decision to bring all my clients across to the platform. The program is intuitive to use and easy to implement and scale up or down depending on the client and approvals process needed.

Pros: The invoice approval function was the reason for initially coming across to Lightyear but the statement reconciliation process was a hidden surprise that has enabled my last remaining paper based clients to take the leap to being completely paperless. The integrity of the data being exported to the accounting software is much better than other programs.

Cons: My clients who use purchase orders are currently needing to batch together the PO pdf & supplier invoice images before sending to Lightyear which would be amazing if we could either match them up within the app, or issue PO's direct from the app which are then able to be viewed with the supplier invoice.

  • Reviewer Source 
  • Reviewed on 12/06/2020
Michael C.
General Manager
Hospitality, 51-200 Employees
Used the Software for: 1-5 months
  • Overall Rating
    1 /5
  • Ease of Use
    1 /5
  • Features & Functionality
    1 /5
  • Customer Support
    1 /5
  • Value for Money
    1 /5
  • Likelihood to Recommend
    0/10
  • Reviewer Source 
  • Reviewed on 09/01/2019

"Failure"

Comments: Terrible is all i can say to be honest

Pros: Nothing to like about light year it is doesn’t work simple

Cons: Slow, Unstable, inaccurate ocr of invoices causing excessive manual re-entry of invoices, customer support non existent as they can’t do anything as it is a terrible system I have waited for improvements over the last 3 months they haven’t happened stay from lightyear find something else

Vendor Response

by Lightyear on 08/01/2020

Hi Michael, Thank you for the feedback. I've reviewed your history on our system and I believe you were using our system in the early days whilst it was still in Beta and were also having some connection issues with internet speeds. I'm sorry you didn't have a great experience with the product, certainly not what we strive for at Lightyear.

Lightyear is now in full release and has been receiving great reviews all round with a much improved user experience and speed. Our team would be very happy to spend some time with you and show you the product now if you like. Just drop the team a line if so.. Many thanks, Chris.

  • Reviewer Source 
  • Reviewed on 09/01/2019
Leigh D.
Partner - Management Accounting
Accounting, 2-10 Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 04/09/2020

"Excellent Accounts Payable System"

Comments: Our clients can see where their AP invoices are at any point in time as well as the value of AP "in progress". The fact that the system picks up duplicates is the game changer for us. Reconciling & "filing" statements is an absolute breeze.

Pros: We love how this product enables our clients to check & approve their invoices before the invoices land in Xero. We know that anything in Xero is checked & ready to be paid. Easy for multiple people to have access & sign off. All AP is in one place & finding historical invoices is a breeze.

Cons: Reading OCR receipts has been a bit behind other competitors but improvement is coming through really quickly.

  • Reviewer Source 
  • Reviewed on 04/09/2020
Christine S.
Bookkeeper
Hospitality, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 27/05/2020

"Love it!"

Comments: I've used the software for years and have always found it to be reliable and the support start are fantastic if ever I need help with something.

Pros: There are so many things I love about Lightyear. The new statement reconciliation feature though is a game changer! Lightyear tells you what invoices are missing and allows you to contact the supplier to request missing invoices direct from the software. Amazing!!!

Cons: There's not much I don't like about the software, and the things that I would like are already in the works.

  • Reviewer Source 
  • Reviewed on 27/05/2020