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Lightyear Reviews & Product Details

JA
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Lightyear?

Prompt support available

Easy implementation process Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

Can be bit slow to load

Group consolidation can be improved Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Time saving and helping to implement proper approval process Review collected by and hosted on G2.com.

Lightyear Overview

What is Lightyear?

Lightyear is an industry-leading cloud platform providing intelligent automation solutions for large SMEs & Enterprise Purchasing & Accounts Payables processes. Our end-to-end approvals workflows allow purchase orders & bills to be approved in seconds, saving businesses more than 80% of their costs and time. Lightyear's instant data extraction feature, LExA enables businesses to get a real-time overview of their payables data & our business intelligence feature allows them to make smarter & better-informed cashflow & forecasting decisions. Lightyear provides a reliable, secure, stress-free automation solution that eliminates human error, so businesses can confidently move forward with their business goals. With unbeatable technical support, Partnership Programs & referral schemes, plus our 30-day free trial, you can be sure of a smooth transition into automated success!

Lightyear Details
Languages Supported
English
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Product Description

Lightyear is an award-winning 5* rated app that allows large SMEs & enterprise-level companies to automate and streamline their Purchasing & Accounts Payable processes within one intuitive cloud solution. Our Procurement and Accounts Payable approvals workflows allow Purchase Orders and Bills to be approved in seconds, saving up to 80% of cost and time. Lightyear’s leading data extraction enables businesses to get a real-time view of their payables data and make smarter cash flow and forecasting decisions. Our key features include: 100% accurate data extraction Automatic price-checking Purchase order management Automatic 3-way matching Automatic statement reconciliation


Seller Details
Seller
Lightyear
Year Founded
2016
HQ Location
Belfast, Northern Ireland
Twitter
@lightyearcloud
1,048 Twitter followers
LinkedIn® Page
www.linkedin.com
60 employees on LinkedIn®

AB
Overview Provided by:

Recent Lightyear Reviews

Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
4.5 out of 5
"It is an amazing app for seamless recording of daily transactions"
Lightyear is easy to use and the guides are straightforward. Implementing it to the organization is the best choice for the team. Krishane and the ...
TS
Tina S.Mid-Market (51-1000 emp.)
5.0 out of 5
"Time saving, efficent, awesome support"
Amazing support during both the set up and ongoing learning. Has been easy to get all staff on board and being used efficiency. Has provided a "P...
JC
Julian C.Mid-Market (51-1000 emp.)
5.0 out of 5
"18 entities invoices handled with ease into Netsuite"
Krishane is super helpful. They are always available to assist and the pricing for the integration and support portion is reasonable. Especially in...
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15 out of 16 Total Reviews for Lightyear

5.0 out of 5
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15 out of 16 Total Reviews for Lightyear
5.0 out of 5
15 out of 16 Total Reviews for Lightyear
5.0 out of 5

Lightyear Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Information Technology and Services
AI
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

Lightyear is easy to use and the guides are straightforward. Implementing it to the organization is the best choice for the team. Krishane and the Lightyear team is very accommodating on supporting and answering our queries. Using it everyday is effective in delivering our outputs. Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

I do not encounter any flaws yet of the system that will affect our current workflow. As long as it is easy to integrates with our accounting system, it is the best for us. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

It is beneficial because it now prevents us to manually enter data that might be too risky to make an error. Review collected by and hosted on G2.com.

TS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

Amazing support during both the set up and ongoing learning. Has been easy to get all staff on board and being used efficiency. Has provided a "PaperTrail" so easily and has us ontrack to fly through our next audit. It has integrated with Myob well Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

It would be good to be able to have approval roles, rather than people Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

* Ease of approval process for a remote workforce, *saving copies of the invoices *consistency in coding *ease of refering back to source data in the accounting system Review collected by and hosted on G2.com.

Verified User in Hospitality
AH
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

I absolutely love using Lightyear. It makes my AP role much easier and faster. The customer support is fantastic, the features are valuable and they introduce new ones all the time to streamline or to make improvements on existing features. The MYOB integration is very easy and you can have as many users and departments as you need. I use it every day. The best feature is it can read all types of invoices, not just PDF's. Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

I don't dislike anything about lightyear. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

I used to manually enter all my invoices which took days. This has streamlined this for me so it is much more efficient and faster. It also removes human error. It free's up a lot of my time so I can focus on other tasks. Review collected by and hosted on G2.com.

JC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

Krishane is super helpful. They are always available to assist and the pricing for the integration and support portion is reasonable. Especially in comparison to competition. Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

Would be great if you could import historical invoices in larger batches then 50 - bulk csv etc would be fantastic. So you can retain historical invoice information when you cutover systems. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Multiple entities, integration with Netsuite and automation of coding Review collected by and hosted on G2.com.

FT
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

Lightyear has been my go-to tool for a year now and I appreciate how it simplifies my encoding process by automatically mapping the data. The best part is that, whenever I encounter any problem, Lightyear Team is always ready and willing to help me through Chat or Email and they quickly resolve my issues and concerns! Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

To be honest, none so far. I have not encountered any problems with this software yet. It is a fast and reliable too! that meets my expectations and needs. I appreciate its user-friendly interface and smooth performance. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Lightyear is an amazing tool for invoice automation. It eliminates the hassle of manual encoding and frees up my time for other tasks. I love the features that allow me to monitor the history, processing, deletion and archiving of invoices. Whenever I encounter an issue with an invoice, I can easily check the activity log to see if someone has altered the data or if the invoice has been processed already. Lightyear can also detect duplicate invoices. Incredible! Review collected by and hosted on G2.com.

Paul P.
PP
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

We had alot of missed invoices, bad data and payments just not making there way to the supplier. Lightyear automated the this side of our business and saved us a tonne of time, reducing data entry and ultimatly increasing accuracy and speed with AP. Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

not much.. i think maybe if could show some more snippets in a dashboard for a quick overview, but i guess all the infomation is availalbe in the reports anyway. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Two things, i removed data entry and sped up the AP side of our business , but most recently i we have been using to to scan incoming purcahse orders to convert to invoices in XERO. Review collected by and hosted on G2.com.

LB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Lightyear?

Lightyear saves us so much time. The volume of invoices we process daily can be quite large and the time that took to process individually in Xero was turning into a full time job. We had tried a similar app before but found it wasn't saving much time and we still required to input a lot of data. A huge benefit is not only do invoices need little handling from the team now but also anyone can pick these up, it's so easy to see what stage an invoice is at and it can be moved along by any of the team. The approval process is great, saves us lots of time chasing staff and I've had very good feedback from managers of how much easier they find approving invoices on LY compared to emails. I can also see Lightyear has so much more to offer than how we are currently using it and will definitely be looking into what more we can do. Lastly, the support from the Lightyear team has been exceptional and made the whole process so much easier. They’re continuingly looking for ways to help us and make everything smoother. Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

Honestly, nothing yet. It does exactly what it says on the tin and we've had next to no issues. Any issues we've had has only been something which we were still learning about and could be fixed with the help of the support team. If I had to input an answer though, not being able to overwrite VAT. Sometimes there's a difference due to rounding and a manual adjustment similar to Xero would be easier than the auto rounding. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

It's a huge time saver. It helps us identify any duplicates which is very important. Chasing for approvals was also a very time consuming admin job before which we no longer require to do. Checking statements, a manual job that took a lot of time. Review collected by and hosted on G2.com.

NC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

A tremendous system that has saved us hours of processing time.

Highlights include:

Ease of use

Great support & Training

App enabled

Continously evolving

Responsive to customer feedback.

Great integration with Xero Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

Nothing! Any queries are resolved very quickly. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Lightyear has saved us many hours a week in processing invoices and raising purchase orders , having previously undertaken this manually. Review collected by and hosted on G2.com.

Verified User in Hospitality
CH
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

The support received from setup and implementation, through to day to day use has been amazing.

Have been able to streamline AP process and more than halve the time taken to process 100s of invoices each week, with improved accuracy and consistency of GL coding.

The automated statements function is invaluable for invoice reconciliations, and makes following up missing invoices so easy.

Ability to export invocies for use with POS software to maintain inventory and accurate item costings Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

Nothing to dislike! Would be helpful to be able to import more supplier data from accounting software Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Solving all things related to processing payable invoices - entry of invoices, accuracy and consistency of GL codes, statement reconciliations, need for paper archiving Review collected by and hosted on G2.com.

SS
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lightyear?

Everything is digital; no more files and paper are all over desks.

It is so easy to find bills and credit notes.

Love the Reconciliation process - LY makes it so easy

Using LY ensures that paperwork does not go missing and that adequate records are kept on who is working on the bills.

The support we have received is five-star service. Review collected by and hosted on G2.com.

What do you dislike about Lightyear?

You will always have to make some adaptions because every business is unique in its needs. This is understandable, and the small changes we had to make do not come close to comparing to the advantages we have had in using LY. Review collected by and hosted on G2.com.

What problems is Lightyear solving and how is that benefiting you?

Paper invoices that go missing. No more filing cabinets and files are saving us space and decluttering the desks and filing systems.

When we have to look for any bill, it is now at the end of our fingertips. Review collected by and hosted on G2.com.