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Lightyear description
Lightyear is a cloud-based software that automates purchasing and accounts payable processes for businesses. Its features help businesses save time and money by streamlining approvals, extracting data from invoices, and providing insights into cash flow. Lightyear integrates with popular accounting software and is designed for small to enterprise-sized businesses across various industries. It has a strong reputation with numerous awards and positive customer reviews.
Who is Lightyear best for
Lightyear is a user-friendly cloud-based software designed to automate purchasing and accounts payable processes. It streamlines approvals, extracts invoice data, and provides cash flow insights. Users praise its intuitive interface, excellent customer support, and time-saving automation, while some note occasional performance lags and suggest improvements to bulk purchase order processing. Lightyear integrates with popular accounting software and offers flexible pricing plans.
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Best fit for small to enterprise-level businesses seeking streamlined AP automation.
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Ideal for various sectors, including Hospitality, Retail, Construction, Technology, and Manufacturing.
Lightyear features
| Supported Lightyear automates invoice processing, approvals, and payments. |
| Supported Purchase orders can be tracked from creation to approval and fulfillment. |
| Supported Lightyear automates expense processing, including receipt capture and submission. |
| Supported Lightyear allows defining and managing approval workflows for purchase requests and orders. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Lightyear reviews
We've summarised 171 Lightyear reviews (Lightyear Software Advice reviews, Lightyear Capterra reviews and Lightyear G2 reviews) and summarised the main points below.
- User-friendly interface and easy to navigate.
- Excellent and responsive customer support.
- Time-saving automation of invoice processing and approvals.
- Seamless integration with accounting software like MYOB and Xero.
- Effective duplicate invoice detection.
- Slow connection issues and occasional performance lags.
- Bulk purchase order process needs improvement.
- Three-way match process is tedious.
- Duplicate invoices aren't caught until after the workflow.
- Limited ability to bulk upload historical invoices.
Lightyear pricing
The commentary is based on 5 reviews from Lightyear Capterra reviews and Lightyear G2 reviews.
Reviewers generally find Lightyear's pricing reasonable, especially its setup costs and integration support. Many consider it good value for money, particularly for medium-sized businesses seeking an affordable entry point into accounts payable automation. However, some users noted a need for improvement in the bulk PO process.
Users sentiment
See the Lightyear pricing page.
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Lightyear has a free trial.
Starter
Includes Purchase orders, Expense Management, Line data extraction by default, Automated approval workflows, Automatic statement reconciliation, Live chat, email and telephone support included, 125 and 250 credit plans.
Business
All starter features plus Goods received notes, 3-way purchase order matching, Inventory, Credit plan from 500+
Enterprise
All business features plus White labeling, Enterprise Single-Sign On (Additional charge + setup), Dedicated Account Manager, Larger credit packages
Lightyear alternatives
lightyear vs AirbaseBetter suited for mid-sized businesses. Has broader industry coverage including E-commerce, Marketing & Advertising, and Professional Services. Airbase is growing faster in website traffic but Lightyear has more momentum with employee growth. Airbase offers corporate cards and spend management features.Read more
Emburse Certify APHas stronger website traffic growth momentum. Offers more comprehensive features for AP automation. Has available user reviews and ratings.Read more
Glean.aiBetter for mid-sized US companies focused on spend analysis. Positive user reviews highlight Glean.ai's customer support and ease of use. Offers spend intelligence tools and ACH payments.Read more
XeroBetter for basic accounting and financial reporting. More suitable for small to medium-sized businesses. A Xero alternative for those seeking dedicated accounts payable automation.Read more
CoupaBetter for larger enterprises seeking a comprehensive spend management platform. More focus on sourcing and supply chain features. Has slower momentum.Read more
ProcureDeskBetter for legal services. Has grown its team faster, indicating more momentum. A Lightyear alternative or competitor focusing on US-based SMBs.Read more
Lightyear FAQ
What is Lightyear and what does Lightyear do?
Lightyear is cloud-based software automating purchasing and accounts payable for businesses. It streamlines approvals, extracts invoice data, and provides cash flow insights. Lightyear integrates with accounting software and suits businesses of all sizes, boosting efficiency and saving time.
How does Lightyear integrate with other tools?
Lightyear integrates seamlessly with popular accounting software like Xero and MYOB. This integration streamlines data flow, automates invoice processing, and enhances financial reporting. It also improves efficiency by eliminating manual data entry and reducing errors.
What the main competitors of Lightyear?
Lightyear's main competitors include Airbase, Emburse Certify AP, Coupa, SAP Concur, Xelix, and Rippling. These alternatives offer similar features like spend management, AP automation, and expense tracking, catering to various business sizes and needs.
Is Lightyear legit?
Yes, Lightyear is a legitimate and safe software. It boasts high ratings on G2 and Capterra, along with positive user reviews praising its user-friendly interface, excellent customer support, and time-saving automation features. It effectively streamlines purchasing and accounts payable processes.
How much does Lightyear cost?
Lightyear pricing starts at $1.168 per credit for the Starter plan. The Business plan is $399/month, and the Enterprise plan is $759/month. A 30-day rolling contract is offered with all plans. Enterprise Single-Sign On is available at an additional cost. Is Lightyear worth it? It depends on your specific business requirements and credit usage.
Is Lightyear customer service good?
Lightyear's customer service receives overwhelmingly positive feedback. Users praise the knowledgeable, responsive, and helpful support team, highlighting their quick responses and effective problem-solving. The readily available support, including live chat, contributes to a positive customer experience.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.