Lightyear

Avantages

the ease of processing prevention of invoice duplication importing to software with full description details

Inconvénients

there not really anything I did not like

Avantages

1) End user friendly.
2)The integrity of the data being exported to the accounting software is great.
3) Very helpful support team, always answer queries quickly.

Inconvénients

Feature enhancement - any supplier cards created in lightyear can be automatically created in the accounting systems.

Avantages

The integration was seamless - around the clock support from [SENSITIVE CONTENT HIDDEN] and the team meant that we were up and running immediately. Our invoice storage and processes pre-lighyear were quite complex and very time consuming. Since we started Lightyear, I have saved atleast 4 hours a week in wages.

I like that our bookkeepers have instant access and can export invoices within seconds. We run two entities and I was able to create a sister company at no extra cost.

Inconvénients

Honestly, nothing. If I could add one function, it would be to add the ability to mark an invoice as paid. As we don't have direct access to our companies MYOB account, this would be handy but I realize this is not the case for majority of users.

Avantages

The Manager function has worked well for us as we have offices in different locations which has made the approval of invoices more efficient.
Easy to see where the approval process is up to.
Exporting invoices to our accounting system is great.
Also like the audit trail feature.

Inconvénients

We haven't used the PO system yet but looking forward to the enhancements that will suit the way we use them. Yes they have listened to us and adding options to suit our business.

Avantages

Fast user friendly and accurate, continually being improved

Inconvénients

Nothing, it serves its purpose and the lightyear team are very helpful

Avantages

This is the simplest software we know. It just works. Chefs approve food bills, Marketing Managers approve marketing bills etc. Data extraction and approvals workflow in one. Plus the price-checker means we don't get overcharged. Love it. Local support. Easy setup. Would highly recommend.

Inconvénients

none to be honest. This does more than anything in market, at a similar price.

Avantages

Have always found Lightyear to be a terrific and easy to use product. Dual authorisation of bills is something that many products do not have and the data extraction is very fast and accurate.

Inconvénients

It can sometimes have speed issues and lag.

Avantages

Easy to use, easy and fast to implement, seamless integration with Xero, outstanding product support and customer service

Inconvénients

We'd like to be able to integrate LightYear with other tools in our stack which is not yet available however the team have assured me this will become available in the not too distant future

Alternatives envisagées 

Pourquoi choisir Lightyear 

Pourquoi passer à Lightyear

Avantages

Quick to Learn
Excellent functionality
Fast and knowledgeable support

Inconvénients

None as most of the things I would like are coming in soon to be released new version

Avantages

The ease of set up and use and ability to export automatically to Xero.

Inconvénients

Very little. Initially in the change from Invitbox to Lightyear there were some issues but they have been quickly resolved and in fact Lightyear just gets better and better.

Avantages

The ease and simplicity at which it operates. The seamless integration with Xero. The transparency, accountability and control it allows.

Inconvénients

No cons at this stage. There is some initial set up work and testing to be done but the more you use the more efficient it becomes.

Avantages

Lightyear has given me the ability to stop having to manually enter invoices. which for us was becoming out of hand as the company grew. There was some teething issues but the support is excellent. The team are very responsive and always work on fixing any issues we run into.

Inconvénients

The maps don't alwasy work and you have to fund multiple maps for a supplier.

Avantages

This is so beneficial for our purchase invoices. Saves so much entry work. Customer service is fast on chat and if need be the issue can be discussed over the phone. Which I find most useful. Customer service always helpful and will fix up the problem via joining your screen if needed

Inconvénients

Credit expiry is not warned when it is coming to an expiry point.

Avantages

Very easy to use. The automatic reading and processing of invoices works almost flawlessly, unlike others I have used. Make the authorisation process so simple and streamlined. Their support, especially initial set up, is incredible. I honestly couldn't sign their praised enough!

Inconvénients

One thing we wish it could do is have the option of having the approval workflow work based off of the nominal code, as opposed to working at a supplier level. But even that isn't really a con, just a wish!

Avantages

Ability to login from anywhere, searchability and storage of invoices (great for looking up contact or invoice information from years ago), approval process is recorded by user.

Inconvénients

A few little bugs here and there but always resolved with a sense of urgency.

Avantages

The Lightyear software is very affordable, user friendly and easy to implement. It does have many functionalities and the integration to NetSuite ERP system is very robust. The accuracy of data extraction is impeccable. What I valued most though is the customer service. The Lightyear team has made the implementation and ongoing operation of the software a breeze.

Inconvénients

The Lightyear software is feature packed. However, more could be done in the space of multi level coding and exporting capabilities.

Avantages

Of all the software that I use, for me Lightyear is the best. It provides automated information which made my work easier. You can also find solutions to your issues/concern through Knowledge Base or you can just simply chat lightyear Team and they will respond to you in just a snap. Would highly recommend of course.

Inconvénients

None for me to be honest :)Because, If I wanted to know a thing or If I experienced some issues , I can just chat the support team for assistance :):):)

Avantages

it's very lovely product, and easy to use, the support team is very friendly, professional and helpful.
thank you so much!

Inconvénients

now it's very easy and lovely to manage AP module.

Avantages

This software does things that other software could not offer us and was not as user friendly

Once the software was set up correctly the we saved 12-20 hours a week

Inconvénients

General I am very happy with Lightyear and no negitives

Alternatives envisagées 

Pourquoi passer à Lightyear

Avantages

statement reconciliation, implementation process, easiness for suppliers to change process

Inconvénients

LGG workpage I found hard to keep track of.

Avantages

Easy access for all managers to view and approve invoices. Less paper as the Tax Invoices are saved in the program

Inconvénients

Cannot delete Gl codes or Suppliers from the system that were imported incorrectly

Avantages

Easy to use and has vastly improved the time to process our payments while providing significantly more oversight for our executive team.

Inconvénients

Integration with existing procedures was very easy but would require the company's accounts/purchasing team to be hands on during the process.

Avantages

The product is easy to use because you can navigate through what you need to in order to accomplish your daily tasks. My administrators are well informed and can help me with any issue that arises.

Inconvénients

The only issues I have typically arise from the integration of Toyota with the software. Toyota has an issue then I am unable to complete certain tasks inside Lightyear.

Avantages

- So easy to use
- Effortless
- Easy to integrate to accounting software
- Easy to identify working streams via approval tabs
- Easy to find old invoices

Inconvénients

- Nothing ! It is such a good platform. Highly recommend.

Avantages

The product gives you good value for money. Its easy to use and implement with excellent customer support.

Inconvénients

Still early days for the software when it comes to integrating with SAP. Would have liked an API that integrates with SAP too. Best works for Xero, MYOB and other finance platforms.

Alternatives envisagées 

Pourquoi passer à Lightyear

Avantages

Layered and tiered approval process
Simple and easy to use, very user friendly
PDF recognition
Progressive software company that looks to continue to develop its product

Inconvénients

Speed of software can be improved
Can improve on recognition of other file formats

Avantages

Ease of use and not having to enter invoices in manually. Data searching and mapping for future invoices

Inconvénients

None. If I am unfamiliar with any aspect of the software, the team are quick to help

Avantages

Ease of use. Dashboard gives a good overview

Inconvénients

Mapping of invoices could be better

Avantages

Saves so much time, easy to use, friendly and knowledgeable staff.
Easy to train our Farm Managers to use to code invoices.

Inconvénients

Can't think of anything. We have been really pleased with Lightyear.

Avantages

Easy to use saves a lot of time and is very accurate

Inconvénients

There is nothing that I do not like about this software

Avantages

- Duplicate filtering
- Xero Intergration
- Automated Coding & Mapping
- Statement reconciliation
- Flagging of GST or amounts that may require reviewing if the coding does not match the PDF

Inconvénients

I would love to see other forms of purchase bills/receipts accepted in future updates

Avantages

It was such a time saver and makes the whole payables process so easy. Also makes communication with suppliers very easy.

Inconvénients

Sometimes there were glitches with suppliers moving to Xero

Avantages

The best bit of Lightyear is the cloud archive of all our purchase invoices, we no longer have to keep paper archives saving us space and time.
We also like the Bill Task function which allows us to send an approval request to a specific person who may only approve a few invoices.

Inconvénients

We would like an integration into simPRO which we use to raise orders, this will reduce the administration involved in managing our PO’s and PI’s.

Avantages

The best feature is the direct integration with our Oracle NetSuite which has enable the team to save a lot of time printing, posting, and filing paper invoices.

Inconvénients

Nothing of note - integration was a success and really well supported by the Lightyear team, and they also support closely with any queries as we use the software on a daily basis.

Avantages

The mapping that allows for pre population of data. This saves considerable time and adds a level of accuracy to the data process.

Inconvénients

Iam finding it difficult to pin down any feature I don't like !

Avantages

Very much user friendly, well programmed and mostly importantly very secured.

Inconvénients

Nothing yet that I have experienced any bad so far.

Avantages

It is very user friendly
option of mapping is brilliant

Inconvénients

There should be more features on the processing tab to save the invoice there.
Should have more option to customize mapping

Avantages

- The fact that a given suppliers' invoices are mapped by a human first time round, rather than relying solely on OCR.

- The quality of data extraction is high.

- The multiple approvals functionality including dual Executive Approval function is very useful.

Inconvénients

I wish invoice descriptions that don't fit on one line would be picked up by the software, rather than truncating the description after the first line.

Avantages

Reducing the AP process time at least 50%. You are able to see the the line items and the statement can be automatically reconciled. So if there are missing invoices that you can chase them up immediately. The Support team is also wonderful. They response your problems quickly.

Inconvénients

If mapping can be more automatically for any format of invoices will be great.

Avantages

After testing numerous approval workflow products we found Lightyear to be superior compared to the other approval workflow products on the market. Lightyear's integration with Xero is seamless and its OCR technology is incredibly fast and accurate. Lightyears support team are unparalleled, they are friendly, helpful and always available in need.

Inconvénients

Lightyear are continually working to improve the usability of their product.

Avantages

No time or paper wasted. The approval system is fantastic. Makes the whole process of accounts payable more accurate, fast and audit compliant.

Inconvénients

I think the only feature that could improve is the copy and paste function from the actual invoice (for invoices where the description and amount are not on the same line)

Avantages

Ease of use. Perfect for our non profit approval process and being electronic reduces paper waste.

Inconvénients

Sometimes find mapping an issue but that could be simply because I've recently started that myself

Avantages

Clear and simple workflows allows for correct coding and ensures managers have transparency and accountability around their purchases.

Inconvénients

Being able to integrate inventory into myob would be handy but the flexibility of lightyear means we have a simple workaround.

Avantages

I like the feature that statements can reconcile automatically to detect any missing invoices or match them.

Inconvénients

It would be great if Lightyear can optimize the search field for supplier invoices.

Avantages

As we are a small team i have always been on the look out for software that will save us time. Looking at our processes, accounts payable and data entry was the biggest time suck for our business.
A friend put me onto lightyear and we've never looked back. All my invoices get broken down and sucked into Xero in seconds. Every price is checked automatically and compared to the set LUC. I have cut down our invoice processing time by much more than half using this little gem of an app.

Inconvénients

Cons: Being so impressed with Lightyear, that it has made me want to tell the world about it via this Capterra review....5 minutes of my life i'll never get back.

Avantages

Very easy to use and cuts down totally on paperwork

Inconvénients

Still a work in progress for raising PO's etc but wouldn't say this is a fault as the system is constantly getting upgraded

Avantages

The mapping of the invoices is amazing! The support that comes with lightyear is the best customer support I have received, instant helpful support. Issues resolved quickly and efficiently every time.

Inconvénients

We are just waiting for the PO functionality to be available to help better our processes, the only thing I least like about lightyear is that its not available yet.

Avantages

This program allows us to send our invoices to appropriate team members for their verification and authorising - no matter where they are. Given our business is spread over a number of locations and temporary work sites, this opens the doors of communication - giving us the facility to action or leave comments on individual invoices. Users can work at their own pace, in their chosen timeframes and locations.

Inconvénients

We are still finding our way around the program, however so far it has delivered all its said it would. No major glitches.

Avantages

The ease of use and that fact that it is so easy to navigate your way through the system. The reporting is first class as lightyear sorts all invoices for you into their correct category and account.

Inconvénients

The obvious is the set up process, very timely. But hey once complete correct the first time, life is so much easier and quicker to compile your invoicing.

Avantages

Easy to use and great for automating your AP process

Inconvénients

Minimal issues, hard to complain about such a good software!