Lightyear

Lightyear is a cloud software company making accounts payable automation tools. Its platform captures supplier invoices, routes them for approval and passes the data to accounting systems.

What Lightyear offers

• Invoice capture — reads line item data from supplier invoices automatically.
• Approval workflows — sends bills to the right approver at each stage, configurable by the customer.
• Purchase orders — raises orders on the platform and matches them to incoming invoices, including three-way matching with goods received notes.
• Expenses — staff submit claims from a mobile app for review.
• Checks and reconciliation — compares invoice prices with agreed supplier lists, verifies supplier bank details and reconciles supplier statements.
• Archive — keeps invoices with an audit history for the required retention period.

Who it works with

It suits businesses of different sizes and connects to cloud accounting and inventory platforms through an API.

Key facts

• Offices: Belfast, United Kingdom, and Sydney, Australia
• Live in: Australia, New Zealand and the UK
• Support: a local team available on weekdays