Lightyear - 2026 Pricing, Features, Reviews & Alternatives

Lightyear is an industry-leading cloud platform providing intelligent automation solutions for large SMEs & Enterprise level Purchasing & Accounts Payables processes. Designed to work across all industries, our end-to-end approvals workflows are up to 80% faster than traditional methods, enabling purchase orders & invoices to be approved in seconds and removing paper from the office.

Key features:

Purchase Orders:
-Procure to pay in one solution
-Automated 3-way matching

Data Extraction:
-LExA, an instant and 100% accurate data extraction tool for PDFs - and all this without OCR!
-Automatic price checking
-Foreign Currency - process bills from overseas suppliers, whatever currency they use.

Approvals Workflow:
-Unlimited users and companies. Add as many users and companies from your portfolio with no extra charge.
-Assign users different levels of approval meaning they will only see information relevant to their job.
-Duplicate Flagging automatically alerts you to any duplicate bills that may already be in your approval workflow. 
-Connect your teams and communicate on every bill by tagging users in the permanent notes.
-Multi-tiered approvals - automate up to 8 levels of value based approval.
-Proxy Approval - automatically redirect approval tasks to another user when you're on annual leave.
-Departments - restrict users to only view and approve bills that are relevant to them. 
-Splitting Widget - manually split a single invoice line into multiple, based on a percentage or amount.
-Dispute bills - if a bill needs disputed (incorrect pricing, not all items received, wrong tax etc…), Lightyear allows users to send a message to suppliers and will suggest content for one click supplier approval and sign off.
-Audit Trail - The approvals process creates an audit trail which is stored with the document image, ‘paperclipped’ associated documents and notes for your regulatory period.

Mobile App:
-Approve on the go with our mobile app. Get notifications and upload your receipts & bills.
-Approve, dispute, unassign, reassign, place on hold or reject bills while you are on the go.
-View and reply to any notes or mentions straight from the mobile app.
-Snap photos of your receipts/bills and upload them to your Lightyear account. 

Suppliers:
-Default Coding - apply a GL code, category, tax code, approver or department to an invoice based on the supplier.
-Bulk Supplier Upload - import all suppliers through one CSV to create your supplier catalogue, and track price changes, bank details and assign automated coding.
-Bank Details Checker - flags fraud detection by checking the extracted bank details on an invoice against your own records.

Archive:
-7 year bill and statement archive.
-Access all of your bills instantly from anywhere in your searchable cloud archive.
-Tax office compliant.

Intelligent Reporting:
-Real-time processing gives you powerful business insights, allowing you to forecast cash flow more accurately.
-Create and save custom reports using our search parameters to easily find and run reports as you need.
-Purchase Order Reports - export line item or summary data to a CSV to gain deeper insights.

Supplier Statement Reconciliation:
-Automatically reconcile supplier statements in seconds.
-Automatically checks for missing bills and flags inconsistencies with a handy traffic light system.