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Comparison · Light vs Amelkis

Light vs Amelkis

Amelkis is a consolidation, reporting and planning platform for groups, with multi-standard consolidation under French GAAP and IFRS, intercompany reconciliation, ESEF filing and ESG reporting. Light is one agentic ledger where every entity keeps its books and consolidation posts as transactions happen.

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At a glance

Light and Amelkis, compared

Light and Amelkis, compared
FeatureLightAmelkis
General ledger and accounting system of recordAmelkis: consolidates the figures each subsidiary books in its own ERP or accounting systemYesNo
Multi-entity accounting and consolidationAmelkis: multi-standard group consolidation under French GAAP and IFRSYesYes
Intercompany eliminationsAmelkis: matches intercompany invoices across subsidiaries and automates eliminationsYesYes
Financial statements (P&L, balance sheet)Amelkis: consolidated accounts, with Excel and Word reporting packsYesYes
Consolidation updates as transactions postAmelkis: consolidates subsidiary data at each close, from imports and reporting packsYesNo
Accounts payable and vendor bill payAmelkis: covers consolidation, reporting and planning; supplier bills are paid in each subsidiary's own systemYesNo
Accounts receivable and customer invoicingAmelkis: covers consolidation, reporting and planning; customer invoicing stays in each subsidiary's own systemYesNo

The world's most demanding finance teams run on Light.

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Consolidate as transactions post

Amelkis consolidates each subsidiary's figures under French GAAP and IFRS from imports and reporting packs at each close. Light holds every entity on one ledger, so consolidation and intercompany eliminations update as transactions post.

  1. 01

    Keep the books in one place

    Amelkis sits on top of the ERP or accounting system each subsidiary runs. Light is the general ledger itself, with payables, vendor payments, customer invoicing and deferred revenue in the same system.

  2. 02

    See the group any day

    Amelkis produces consolidated accounts and reporting packs for each close. Light reads the live ledger, so group reporting is current any day of the month and drills down to the source document.

When to choose Light

  1. 01

    The ledger is included

    Light is the system of record: spend, AP, AR and the general ledger in one platform, with no ERP decision left open.

  2. 02

    Close every entity at once

    Consolidation and eliminations update as transactions post.

  3. 03

    Group reporting is always current

    Every entity rolls up in real time, with drill-down to the source document and no exports.

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Read customer stories
  • “We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
    Tanja, Director of FinanceOmnea
  • “Even though we’re three entities, it’s like I’m running a finance department for one entity.”
    Thobias, Finance ManagerAlva Labs
  • “I really like that Light’s AI already gives me suggestions, GL accounts, cost centers, tax codes. I don’t have to start from scratch.”
    Cédric, Finance ManagerOper Credits
  • “Nine times out of ten the AI matches everything and posts it to the right account. One click and you’re done.”
    Jeppe, CFOKeyShot
1 / 4

Built for the daily work

A bill open in Light on a laptop
01

Bills through to payment

Capture invoices, route approvals and pay vendors from the same system.

02

Room to grow

One ledger built to handle billions of transactions across your business.

A laptop with reports on a desk
03

Trace every number

Open a report and drill straight into the transactions behind it.

Spending, under control

Expenses, vendors and cards connected to your ledger.

Managing expenses on the Light mobile app
01

Expenses

Collect receipts, approve expenses and track spend as it happens.

Light open on a laptop in a quiet booth
02

Vendors

Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.

A Light card beside a phone and a laptop on a desk
03

Cards

Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.

Frequently asked questions

Is Amelkis a general ledger?

No. It consolidates the figures each subsidiary books in its own ERP or accounting system. Light is the general ledger itself.

Does Amelkis eliminate intercompany transactions?

Yes. It matches intercompany invoices across subsidiaries and automates eliminations at consolidation. Light posts intercompany eliminations on one ledger as transactions happen.

When does Amelkis fit?

When each subsidiary keeps its own ERP and you need consolidation under French GAAP and IFRS, with ESEF filing, ESG reporting and planning on the same platform.

Does Light replace a consolidation tool?

Light holds every entity on one ledger and consolidates as transactions post, with intercompany eliminations included, so group accounts come from the ledger itself.

See Light at work

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