Lightyear Overview
What is Lightyear?
Lightyear is a cloud-based procurement and purchasing platform that provides businesses with greater visibility and control over their spending. It features a purchase order (PO) workflow with customizable approval matrices to control who can order what, speed up approvals, and reduce fraud risk. A key capability is its automated 3-way matching at the line-item level, which streamlines the process of matching invoices to purchase orders and receipts, improving accuracy and efficiency.
Who it's for:
This platform is designed for finance teams, procurement managers, and businesses of various sizes that seek to automate and bring transparency to their purchasing processes, control costs, and streamline accounts payable operations.
Our verdict:
Our verdict is that Lightyear offers a sophisticated, control-oriented approach to purchase management. Its focus on workflows, approvals, and automated matching addresses core pain points in procurement, making it a strong contender for organizations aiming to modernize and tighten their spending controls.
Lightyear Details
Lightyear Platforms supported
Cloud, SaaS, Web-Based
Desktop Chromebook
Desktop Linux
Desktop Mac
Desktop Windows
Mobile Android
Mobile iPad
Mobile iPhone
On-Premise Linux
On-Premise Windows
Lightyear Support options
24/7 Live Rep
Chat
Email Help Desk
FAQ Forum
Knowledgebase
Phone Support
Lightyear Training options
Documentation
Live Online
Videos
Webinars
In-Person
Lightyear Related Categories
Lightyear Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
Lightyear Pricing
Tiered pricing system
Lightyear Features
Most valued Lightyear features by users
Compliance Management
Contract/License Management
Inventory Management
Invoice Processing
Purchase Order Management
Requisition Management
Sourcing Management
Spend Management
Supplier Management
1099 Preparation
Aging Tracking
Approval Process Control
Cash Management
Check Writing
Data Extraction
Duplicate Payment Alert
Electronic Funds Transfer
Fraud Detection
PO Reconciliation
Recurring Payments
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