iplicit and Lightyear join forces

Friday 26th May, 2023

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process. The partnership will see cloud accounting provider iplicit integrate its product with Lightyear’s accounts payable automation system.

Lightyear estimates the arrangements will help organisations cut the time and costs devoted to manual accounts payable processes by 80%.

Paul Sparkes, Commercial Director at iplicit, said: “We’re excited to launch our partnership with Lightyear. It will add to our portfolio of add-on products for iplicit, serving as an extension to our existing automation centre, which is already saving customers multiple working days every month. It gives customers a choice around invoicing automation and joins a growing number of partner products for iplicit.”

Lightyear’s Founder and CEO, Chris Gregg, said: “Lightyear is proud to announce its partnership with iplicit, bringing together two powerful tools for seamless financial automation. By combining Lightyear's real-time data extraction capabilities with iplicit's advanced reporting engine, finance teams now have another efficient solution for integrating our automation software with their accounting software. This will enable our customers to not only drive efficiencies but also to gain more control and visibility over their financial operations."

The announcement was made ahead of the accountancy and finance conference Accountex London.

Lightyear was founded in 2017 by Irish brothers Chris and Roger Gregg. It is used around the world, with support provided free, live and 24 hours a day. It has won a host of awards and was named 11th among the 50 fastest-growing companies in Ireland in the Deloitte Technology Fast 50 Awards, as well as ranking number one in Northern Ireland.

iplicit was named Mid-market and Enterprise Accounting Software of the Year at the Accounting Excellence Awards the year after its launch. It secured gold in the Enterprise Accounting/ERP category of the AccountingWEB Software Awards 2021, voted for by thousands of users.