Hey!

Welcome to Flash #3. We've had a busy few weeks for the product (and squeezed in a company-wide offsite to Italy too). Agents are live, memory is built in, IFRS support is here, and we've added full procurement control. Let's get into it. 

Agents

Light Agents handle the repetitive, high-volume work your finance team shouldn't be doing manually. Everything that used to live in a spreadsheet or a chase email now runs itself.

Bill Agent

Incoming bills are automatically coded to your chart of accounts, custom dimensions, and policies. Your team focuses on exceptions, not data entry.

Compliance Agent

Bills are checked against vendor contracts, SOWs, and past invoices before they reach a reviewer. Anything unusual – like pricing mismatches or changed payment terms – are flagged and summarised automatically. 

Contract Agent

Each contract is parsed against your products, chart of accounts, and ARR definitions from day one. The numbers are queryable immediately, not buried in a PDF.

Reimbursement Agent

Receipts are classified against your expense policies the moment they arrive. Consistent enforcement, no manual routing, no chasing. 

Procurement Agent

All intended spend flows through a single channel before it's committed. Available on desktop, mobile, and Slack.

Someone asks Light: "I need to buy 20 MacBook Pros for $2k each." Light captures the vendor, amount, and justification, then routes it through the right approval workflow. The outcome, a vendor card or a PO, is inferred automatically. Approvers get an AI-generated summary and one click to approve or reject. When the bill arrives, it matches to the PO.

No overpaying, no paper trails to chase. Know before you spend, before it happens.

Memory that compounds

Every agent builds memory as it works. How you code a ramp deal. How you handle a late invoice. What counts as a duplicate. It learns what your team approves, corrects, and rejects, and it gets sharper every time.

Memory exists at three levels: each agent accumulates its own, your company has a shared layer that captures organisational patterns and preferences, and each user has a personal layer that fine-tunes how the agent works with them specifically. Other platforms can migrate your transactions. They can't migrate your institutional memory. That's the product.

IFRS-ready

Light agents now have access to IFRS policies (International Financial Reporting Standards). Store in your company memory that you follow IFRS, and every agent action aligns with that automatically.

Think of it like onboarding a new hire. You tell them how you work once, at the start. Light carries it forward from there. Upload a contract, ask how to account for it, and Light gives you a properly structured revenue recognition answer. Straight-line basis, correct apportionment, right treatment. It doesn't describe the policy. It applies it.

More accounting frameworks coming.

Also shipped

Automated Revenue Waterfall Schedule. Deferred revenue visualised across periods. No spreadsheet needed.

File attachments in LCI. Upload a CSV, PDF, or spreadsheet directly in the Command Interface and ask Light to act on it. Import journal entries, match transactions, create accounts from a list.

Workflow automation. Condition nodes, branching, multi-path approval routing. Build complex workflows in the visual editor without an engineering ticket.

Command palette. Cmd+K gets you anywhere in Light without touching the mouse.

Coming next

Accrual Workflows, which will automatically post accruals on T+1 based on your accounting policies and historical behaviour.

Build your own. Custom agents tailored to your own processes are coming in the next few weeks. Same infrastructure, set to your rules.

Before we go

We're running Finance Hackathons in New York, Amsterdam, and London, in partnership with Lovable. Pick a finance problem, build an AI app to solve it. No code required. Sign up here.

Any questions? Reach out directly, use LCI, or head to help.light.inc.