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.
Tangoe
Tangoe provides a complete platform to manage and optimize your enterprise technology expenses across mobile, telecom, and cloud environments to drive significant cost savings and operational efficiency.
Quick Comparison
| Feature | Lightyear | Tangoe |
|---|---|---|
| Website | lightyear.ai | tangoe.com |
| Pricing Model | Subscription | Custom |
| Starting Price | $99/month | Custom Pricing |
| FREE Trial | ✓ 30 days free trial | ✘ No 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 | 2000 |
| Headquarters | Belfast, United Kingdom | Indianapolis, USA |
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.
Tangoe
Tangoe helps you take full control of your enterprise technology spending by consolidating mobile, telecom, and cloud expenses into a single automated platform. You can track every device, connection, and cloud license across your global footprint to eliminate waste and ensure you only pay for what you actually use. The platform simplifies complex billing cycles and provides deep visibility into usage patterns that typically stay hidden in manual spreadsheets.
By using Tangoe, you can automate the entire lifecycle of your assets, from procurement and provisioning to invoice processing and decommissioning. It solves the headache of managing thousands of disparate invoices and mobile plans, allowing your IT and finance teams to focus on strategic initiatives rather than manual data entry. Whether you are managing a remote workforce's mobile devices or scaling complex multi-cloud environments, the software provides the guardrails needed to keep budgets on track.
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.
Tangoe Features
- Automated Bill Processing. Scan and process thousands of global technology invoices automatically to eliminate manual data entry errors and late payment fees.
- Mobile Device Management. Order, track, and secure your entire fleet of corporate mobile devices from a single portal throughout their entire lifecycle.
- Cloud Cost Optimization. Identify underutilized cloud resources across AWS, Azure, and Google Cloud to right-size your environment and reduce monthly spend.
- SaaS License Tracking. Discover all shadow IT and active SaaS subscriptions in your organization to consolidate redundant apps and negotiate better contracts.
- Inventory Management. Maintain a real-time accurate record of every hardware asset and service circuit assigned to your employees and locations.
- Usage Analytics. Access detailed reports on data consumption and calling patterns to identify which users need plan adjustments before overages occur.
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
Tangoe Pricing
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
Tangoe
Pros
- Significant cost savings through automated audit and recovery
- Centralized visibility across global mobile and fixed assets
- Strong support for complex international billing requirements
- Effective identification of unused or 'zombie' cloud resources
Cons
- Initial implementation and data integration takes significant time
- User interface can feel complex for occasional users
- Reporting customization requires a steep learning curve