As a recommended app from MYOB, you can be guaranteed a high-quality and well-supported solution that integrates seamlessly with your accountancy software. Suitable for all sizes of business, Lightyear helps manage multi-currency and multi-entity with ease.
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About Lightyear
We’re an industry-leading cloud platform, providing intelligent automation solutions to finance teams. Our line-item data extraction, advanced approval workflows and automated reconciliations are what differentiate us.
We provide a reliable, secure, stress-free solution that eliminates human error, so our customers 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.
Enhanced purchasing control with purchase orders
Gain tighter control on business spending with a solution that manages your purchase orders. Provide your finance team with central access and a clearer overview of outgoings to optimise cash flow.
Create detailed purchase orders for services and/or products from your supplier's item catalogue
Route purchase orders to the correct approver, seamlessly without user input
Send your purchase orders directly to your supplier's email address for one-click acceptance
Automated 3-way matching with purchase orders, bills and goods received notes
Next level line-item extraction from bills
Detailed data means more reliable reporting for analysis. Make better informed decisions based off accurate and trustworthy data. Manage inventory more effectively and save money with 3-way matching.
Instant line-item data extraction for PDF’s, scanned images, receipts, or handwritten documents
Automated Coding at a supplier, bill, line or product level. Set rules for keywords or product codes to drive coding rules
Automatic price checking against agreed supplier pricing
Process bills from overseas suppliers, whatever currency they use
Advanced approval workflows
Pay suppliers faster with advanced approval workflows that push invoices through the AP process quicker. Give your team visibility on the stage of invoices and the value that is payable.
Unlimited users and companies at no extra cost
Up to 8 levels of multi-tiered approvals based on supplier, keyword or value
Assign permissions to individual users
Automatic alert for duplicated bills received
Tag users in notes to get their attention
Set up Proxy Approval for when colleagues are on leave
More flexibility to manage suppliers
Reduce duplication and save time by auto-syncing supplier details between your Lightyear and MYOB solutions. Build better relationships with your suppliers and benefit from discounts or faster delivery.
Apply a GL code, Category, Tax Code, or Approver to an invoice based on the supplier
Sync suppliers from MYOB
Flag fraudulent bills by checking the extracted bank details on an invoice against your records
Automatically reconcile supplier statements in seconds
Automatically checks for missing bills and flags inconsistencies with a handy traffic light system
Detailed archiving & Reporting
Real-time data provides your team with accurate and reliable data which can be analysed to make better business decisions. Save money with cloud storage and instantly access any document in a few clicks.
8 years bill and statement archive
Access all your bills instantly from anywhere in your searchable cloud archive
Tax office compliant
Real-time processing gives you powerful business insights, allowing you to forecast cash flow more accurately
Create custom reports and save them as favourites for future use using our search parameters
Report on your purchase orders to keep track of orders and spending
On-the-go mobile app
Reduce bottlenecks and payment delays when employees are out of the office. Instant access to action documents encourages fast payment turnarounds for your suppliers. Reduce to risk of documents being lost by uploading on-the-go.
Approve on the go with our mobile app. Get notifications and upload your receipts & bills
Approve, dispute, un-assign, re-assign, place on hold or reject bills while you are on the go
View and reply to any notes or mentions straight from the mobile app
Out of pocket expenses
Reimburse your employees faster and build better, more trustworthy relationships. Gain insights into employee spending and reduce costs through detailed reporting and analysis.
Unlimited users and expense reports - all within your plan
Upload receipts from the mobile app
Create expense reports to combine receipts into a single document
Send for approval for faster reimbursement
Schedule expenses for reimbursement
Get notifications on the status of your claim
Testimonials
I love the automation of data extraction and the built-in approval process Lightyear has to offer. It helps me to get my client's data correct, having the correct expenses and payables, and it means I can get multiple levels of approvals before the invoice hits the GL. Daniel, Accountant
Easy to integrate and setup - start to finish - 4 weeks. Great support team, very helpful and very thorough. Price is very competitive, especially the setup costs. Did what it said it could do and integrated with our systems. Julian, CFO
Since purchasing Lightyear it's made a huge difference to our business. It's hugely freed up my time by making each head of department responsible for their own invoices and the processing. It has streamlined our accounting processing as it's compatible with MYOB and our POS system, Bepoz. Yvette, Accounts and Payroll Manager