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Automated accounts payable and expense management software platform.
Automates data extraction from supplier invoices and purchase orders using advanced document processing. Reconciles supplier statements automatically against ledger entries to identify discrepancies quickly. Manages multi-tier approval workflows to streamline corporate expense governance and sign-offs. Integrates seamlessly with cloud accounting platforms for real-time financial reporting and archiving.
Utilizes a predictable SaaS subscription pricing model scaled by processing volumes and active users. Positions strongly in the automated financial operations and accounts payable efficiency niche. Leverages robust optical character recognition and automated reconciliation engines to reduce manual labor. Expands distribution through direct enterprise sales and strategic accounting partnerships.
Category: Business & Operations
Team Size: 26-100
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Lightyear provides a comprehensive cloud-based accounts payable and expense management platform designed to automate financial workflows for businesses. The software streamlines purchase orders, data extraction, supplier statement reconciliation, and approvals into a single automated dashboard. It helps finance teams eliminate manual data entry errors and accelerate invoice processing cycles. Global enterprises and accounting practices rely on the platform to maintain tight control over operational spending.
Lightyear was founded in 2017 in Belfast, United Kingdom, by brothers Chris Gregg and Roger Gregg. The founders set out to eliminate the manual friction and paper-based inefficiencies inherent in accounts payable workflows. The company scaled successfully across international markets before being acquired by The Access Group in May 2024.
