[
Lightyear Reviews
](https://www.g2.com/products/lightyear-lightyear/reviews)

[
Lightyear Reviews
](https://www.g2.com/products/lightyear-lightyear/reviews)

# Lightyear Features

##### 
## Invoice Management (5)

Capture

Provide features to capture invoices such as import or scanning

Repository

Deliver a central repository of AP documents, such as POs and invoices

Capture

Provide features to capture and record invoices, such as import or scanning

Supplier Portal

Allow suppliers to submit invoices using an online portal

Repository

Deliver a central repository of AP documents, such as POs and invoices

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##### 
## Invoice Processing (8)

Matching

Ability to match AP invoices to POs, contracts, or payments

Workflows

Include workflows for approvals and invoice processing

Tax Compliance

Comply with local and global tax regulations for collections

Matching

Ability to match AP invoices to POs, contracts, or payments

Payments

Identify incomplete or late supplier payments

Workflows

Include workflows for approvals and invoice processing

Tax Compliance

Comply with local and global tax regulations for collections

Submittal

Electronically submit invoices to buyers

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##### 
## Analytics (8)

Due Dates

Track invoices based on due dates to identify overdue payments

Benchmarking

Ability to compare AP automation metrics with other companies

KPIs

Monitor KPIs such as time to process an invoice or erroneous payments

Visibility

Improve visibility into procurement activities across the company.

Performance

Monitor the performance of procurement operations

Spend

Analyze procurement spending and identify future trends.

Due Dates

Track invoices based on due dates to identify overdue payments

KPIs

Monitor KPIs such as time to process an invoice or erroneous payments

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##### 
## Integration (7)

Accounting

Provide integration with accounting and financial management software

Payment Integration

Integrate with payment gateways and enterprise payments software

ERP

Deliver integrations with accounting modules of ERP systems

Accounting

Provide integration with accounting and financial management software

Payments

Integrate with payment gateways and enterprise payments software

ERP

Deliver integrations with accounting modules of ERP systems

Procurement

Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management

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##### 
## Management (4)

Approval

Use criteria to add or remove suppliers to/from approved lists.

Communication

Manage communications with suppliers on multiple channels such as phone or email.

Documents

Capture and maintain documents related to suppliers and their products or services.

Receipt of Goods

Compare goods received with purchase orders and document variations

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##### 
## Planning (3)

Processses

Manage workflows and business processes for procurement.

Content

Maintain a repository of content such as catalogs and other documents.

Requisition

Define requisition rules for various types of procurement

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##### 
## Supplier Management (2)

Selection

Provide features to compare suppliers and choose the best option for various activities.

Risk Management

Identify potential issues and how they may impact relationships with suppliers.

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##### 
## Execution (2)

Purchasing

Electronically create and manage purchase orders for products and services.

Invoicing

Include features for procurement invoicing and e-invoicing.

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##### 
## Supplier Information (2)

Profiles

Create and manage supplier profiles that include contact and pricing information.

History

Track history of all interactions and business transactions with suppliers.

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##### 
## Risk (2)

Analysis

Reduces future risks through root cause analysis and process improvement

Identification

Reduces frequency of errors, identifies risk and improves efficiency

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##### 
## Recovery (1)

Reporting

Offers reporting to aid in minimizing future lost profits and process breakdown

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##### 
## Audit (4)

Filters

Includes a library of audit-tested filters to identify AP outliers that are outside company policy

Post Audits

Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims

Overpayments

Detects and prevents a wide range of overpayment errors

Duplicates

Detects and prevents a wide range of duplicate payments

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##### 
## Fraud (3)

Vendor Checks

Enables automatic checks of new vendors being set up in the system to combat potential billing schemes

Data Generation

Generates comprehensive data needed to conduct a thorough investigation

Monitoring

Provides continuous, proactive fraud monitoring across multiple systems and data formats

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##### 
## Agentic AI - Purchasing (2)

Proactive Assistance

Anticipates needs and offers suggestions without prompting

Decision Making

Makes informed choices based on available data and objectives

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##### 
## Agentic AI - AP Automation (3)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

Proactive Assistance

Anticipates needs and offers suggestions without prompting

Decision Making

Makes informed choices based on available data and objectives

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[

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4.6/5

(67)

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[
View All Alternatives
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##### Categories on G2

[
AP Automation
](https://www.g2.com/categories/ap-automation)[
Purchasing
](https://www.g2.com/categories/purchasing-software)

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