Lightyear provides automated line-item extraction from electronic bills with 100% accuracy in real-time. We check the bill to ensure the GST/VAT is correct and can price check each line item against your agreed supplier price list.
Lightyear then enters your bill into a robust and intuitive approvals workflow. Each bill is sent to the correct person for approval at each stage in your approvals process no matter the size of the business. You can dispute and communicate on each bill using the notes feature.
Line item detail on each bill can then be exported back into xero in a seamless 1 click process, and your inventory levels can be exported into your inventory software too.
Each bill is then stored in the Lightyear cloud for the regulatory period for your country/region.
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.
Because Xero and Lightyear are both cloud-based, set-up between the systems is seamless. After that it's 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