Lightyear

End-to-end Purchasing, Accounts Payable & Expense Automation for businesses and finance teams who want to work smarter.

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Real-Time Visibility. Zero Manual Entry. Complete  Control.

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Advanced technology that’s  easy to use. Unlike basic OCR tools, Lightyear extracts line item information  from invoices instantly and accurately, eliminating costly errors, tedious  corrections and hours spent keying in data.

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Our end-to-end AP automation  platform doesn't just digitise invoices. It automates your entire purchasing  workflow, from purchase order creation and approval, through 3-way matching  at line-item level, to automated statement reconciliation.

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The result?  Businesses save more than 80% of their AP costs and time, gain real-time  cashflow visibility, and scale operations easily.

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The Features That Power Lightyear

• ‍Intelligent Data Extraction: Automated  line-item data extraction using AI and ML technology provides a touchless  processing experience without the wait times on maps.‍
• Purchase Orders: Create, approve  and send POs to your suppliers for immediate ordering. Match your POs with  your deliveries and invoices for 3-way matching.‍
• Approvals: Multi-tiered approvals  process to approve your supplier invoices for payment and purchase orders.  Get up to 8 levels of approval based on your requirements, including by  value.‍
• Automated Bookkeeping: Set  bookkeeping automation rules for GL coding, tracking categories and supplier  tax rates. Set rules based on supplier or invoice-specific criteria.‍
• Auto-Reconcile Statements: Touchless  supplier statement reconciliation. Lightyear will automatically reconcile  your supplier statements and flag variances for review.‍
• Business Intelligence: Built-in  reporting and analytics give you real-time visibility into cash flow,  spending patterns, and forecasting.

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