Line-item data extraction - Lightyear extracts line-item data from electronic bills with 100% accuracy in real time. Lightyear applies rules line by line, detects international currency, confirms the GST is correct and price checks each line item.
Approvals workflow - Bills are sent to the correct person for approval, no matter the size of the business. You can dispute and communicate on each bill using the notes feature, before exporting to Xero.
Inventory Supply Side Management - Lightyear can sync with your external Inventory system to update product and inventory stock levels.
Bills stored in the Lightyear cloud - Bills are reconciled automatically and stored in the Lightyear cloud for your regulatory period. You give auditors & external teams access to specific files and data, keeping all records secure and under control.
Supplier Statement Reconciliation - In a couple of clicks Lightyear can reconcile all your supplier statements in real-time.
Price Checker - Lightyear's price checker feature will confirm you have been charged the correct price from your agreed supplier price lists.
Partner program - Unlimited client accounts, users all for one simple per transaction pricing model.
This is only the beginning of what Lightyear can do. For a full list of the features:
Lightyear + Xero
With 1 click you can export your accounts payable data to Xero. Supplier cards, categories, tax codes, GL's are all transmitted on a line by line basis into Xero. Once your data is in Xero your accountant can then pay for the approved bills.
Still unsure if Lightyear is the solution for you
Our team is ready to speak to you today to show you the power of Lightyear. Contact us via the Contact form on our website: www.lightyear.cloud
Because Xero and Lightyear are both cloud-based, set-up between the systems is seamless. Once they are setup it is a 1 click process to export your data to Xero.
Lightyear exports line item detail on each bill back into Xero giving you more data and better accuracy in your Xero account.
To see how to setup Lightyear with Xero, click here:
New Zealand, Ireland, Australia, United Kingdom