Lightyear
Lightyear is a specialized procurement and accounts payable automation software designed to help you eliminate manual data entry and streamline your entire invoice approval workflow through a centralized cloud-based platform.
MRPeasy
MRPeasy is a cloud-based manufacturing resource planning software designed specifically for small manufacturers to manage production, inventory, sales, and team workflows in one integrated, easy-to-use platform.
Quick Comparison
| Feature | Lightyear | MRPeasy |
|---|---|---|
| Website | lightyear.ai | mrepeasy.com |
| Pricing Model | Subscription | Subscription |
| Starting Price | $99/month | $49/month |
| FREE Trial | ✓ 30 days free trial | ✓ 15 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2017 | 2014 |
| Headquarters | Belfast, United Kingdom | Tallinn, Estonia |
Overview
Lightyear
Lightyear provides you with a comprehensive automated accounts payable and procurement solution that removes the headache of manual data entry. You can capture data from invoices and receipts with 100% accuracy using its advanced extraction engine, ensuring your financial records are always precise. The platform allows you to create custom, multi-tiered approval workflows so that the right people see the right documents at the right time, preventing payment delays and unauthorized spending.
You can also manage your entire procurement cycle by creating purchase orders that automatically sync with incoming invoices for instant three-way matching. This helps you maintain tight control over your budgets and inventory levels across multiple locations. Whether you are a small business or a large enterprise with complex entity structures, you can integrate Lightyear directly with your existing accounting software to keep your general ledger updated in real-time.
MRPeasy
MRPeasy gives you a powerful yet simple way to manage your small manufacturing business without the complexity of traditional ERP systems. You can move away from messy spreadsheets and fragmented data by integrating your entire production cycle—from initial customer quotes and material sourcing to final assembly and shipping. The platform provides real-time visibility into your shop floor, helping you avoid stockouts and production delays.
You can accurately calculate production costs and lead times automatically, ensuring your pricing remains profitable. Whether you are a boutique food producer or a high-tech electronics manufacturer, the software scales with your operational needs. It bridges the gap between your sales team and the production floor, allowing everyone to work from a single source of truth while keeping your overhead low.
Overview
Lightyear Features
- Automated Data Extraction Extract line-item data from invoices and receipts automatically with high precision to eliminate manual typing errors.
- Multi-Tiered Approvals Set up custom approval rules based on department, project, or price to ensure every expense is authorized.
- Purchase Order Matching Match incoming invoices against your purchase orders and goods received notes to verify you only pay for what you received.
- Real-Time Inventory Sync Update your inventory levels automatically as soon as invoices are processed to maintain accurate stock records across locations.
- Statement Reconciliation Reconcile supplier statements in seconds to identify missing invoices and ensure your accounts are always up to date.
- Mobile Document Capture Snap photos of receipts and invoices on the go using the mobile app for instant upload to your dashboard.
MRPeasy Features
- Production Planning. Schedule your manufacturing orders visually using Gantt charts to optimize your resource allocation and meet every deadline.
- Inventory Management. Track your raw materials and finished goods in real-time with automated low-stock alerts to prevent costly production halts.
- Costing & Estimation. Calculate your precise product costs automatically based on materials and labor so you can quote customers with confidence.
- Shop Floor Reporting. Give your workers a simplified mobile interface to report progress and material usage directly from the production line.
- Purchase Management. Generate purchase orders automatically when stock levels drop and track vendor performance to ensure your supply chain stays reliable.
- Sales & CRM. Manage your customer relationships and track orders from the first inquiry through to final delivery and invoicing.
Pricing Comparison
Lightyear Pricing
- Up to 100 documents per month
- Unlimited users
- Automated data extraction
- Standard approval workflows
- Accounting software integration
- Email and chat support
- Everything in Starter, plus:
- Up to 250 documents per month
- Advanced multi-tiered approvals
- Purchase Order matching
- Inventory management features
- Supplier statement reconciliation
MRPeasy Pricing
- For up to 10 users
- Inventory management
- Production planning
- Sales and CRM
- Purchasing management
- Basic reporting
- Everything in Starter, plus:
- Shop floor worker interface
- Barcode scanning
- Maintenance management
- Sub-contracting tools
- Advanced manufacturing features
Pros & Cons
Lightyear
Pros
- Extremely accurate line-item data extraction saves hours
- Unlimited user seats allow for company-wide collaboration
- Seamless integration with Xero, QuickBooks, and NetSuite
- Intuitive interface makes it easy for non-finance staff
- Excellent customer support with fast response times
Cons
- Initial setup of complex approval rules takes time
- Mobile app features are more limited than desktop
- Pricing can scale quickly with high document volume
MRPeasy
Pros
- Intuitive interface makes it easy for non-technical staff
- Seamless integration with popular accounting tools like Xero
- Highly accurate production costing and margin tracking
- Quick implementation compared to traditional ERP systems
Cons
- Mobile app interface feels slightly dated
- Limited customization options for complex reporting
- Learning curve for setting up multi-level bills of materials