Lightyear
About Lightyear
Awards and Recognition
Lightyear Pricing
Lightyear is available across 3 pricing tiers: Starter, Business, and Enterprise. Pricing works on a credit consumption basis, with credits discounting prices as you move up each tier. Credits are charged on the exporting of documents and the creation of purchase orders.
Starting price:
£99.00 per month
Free trial:
Available
Free version:
Not Available
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Most Helpful Reviews for Lightyear
1 - 5 of 151 Reviews
Yasmin
51 - 200 employees
Used more than 2 years
OVERALL RATING:
5
Reviewed November 2021
Great AP Software
Mark
Verified reviewer
Non-Profit Organization Management, 501-1,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed March 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.
PROSLightyear 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.
CONSSometimes, 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.
Leigh
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2020
Excellent Accounts Payable System
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.
PROSWe 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.
CONSReading OCR receipts has been a bit behind other competitors but improvement is coming through really quickly.
Reason for choosing Lightyear
When we looked at Hubdoc about 18 months ago, Lightyear was already far more advanced than what Hubdoc was offering.
Reasons for switching to Lightyear
Controls are tighter in Lightyear but the product is so easy to use & can easily be customised to the level of control that our clients need. Visibility of the flow of invoices through the approval process is perfect. The Dashboard makes it so easy for our Corporate clients to manage their AP really well and for us to manage the bookkeeping for our clients. All our clients from corporates to sole traders love Lightyear - they can have access to the data they need 24/7.
Victoria
Non-Profit Organization Management, 51-200 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
4
FUNCTIONALITY
4
Reviewed March 2024
AP via LY and integration to MYOB
Mapping allows automated billing preparation which saves time. Duplicates are traceable in high volume bill runs. Processing times are reduced and less paperwork.
CONSCan be a slow connection on the odd occasion.
Jenni
Hospital & Health Care, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2024
Lightyear has made my working life much easier
Dealing with Lightyear and their staff is an amazing experience. The programs works well and the support staff are fantastic
PROSLightyear simplifies data entry of our invoices by saving us a massive amount of time and paper
CONSWhen we export invoices into a csv file to upload into our accounting package, some of the invoices in the csv file do not match the value of the invoice in Lightyear. It's usually only a few cents but I need to cross check every invoice each time I export all csv files against Lightyear.