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Comparison · Light vs Concourse

Light vs Concourse

Concourse is an AI agent platform for finance teams that connects to the ERP, data warehouse and banks you already run, with agents for variance analysis, close, forecasting, reconciliation and reporting. Light is one agentic ledger where agents code, match and post inside the general ledger, with every entity consolidated as transactions post.

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At a glance

Light and Concourse, compared

Light and Concourse, compared
FeatureLightConcourse
General ledger and accounting system of recordConcourse: agents connect to the ERP you already run, such as NetSuite, SAP, Oracle, Workday, Sage, QuickBooks or Xero, and work on top of itYesNo
Agents that complete work, not only suggestConcourse: agents run multi-step workflows across your systems, with human review at the steps you chooseYesYes
Financial statements (P&L, balance sheet)Concourse: reporting agents build reports and variance commentary from connected data and deliver them to Excel, PowerPoint, Slack or emailYesYes
Group consolidation and intercompany eliminationsConcourse: cash positions roll up across banks, entities and currencies; the group accounts stay in the connected ERPYesNo
Vendor payments on local rails in 80+ countriesConcourse: treasury agents draft transfers and hand them off for your approvalYesNo
Corporate and virtual cardsConcourse: reads spend data from connected expense tools such as RampYesNo
Subscription billing and deferred revenueConcourse: reads billing data from connected systems such as StripeYesNo

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

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Put the agents in the ledger

Concourse runs AI agents for variance analysis, close tasks, forecasting and reporting on top of the ERP and data warehouse you already use. Light's agents code, match and post inside its own general ledger, under your finance team's controls.

  1. 01

    Pay and bill from the books

    Concourse drafts transfers for approval and reads billing and spend data from connected tools. Light handles cards, supplier bills, vendor payments on local rails in 80+ countries, customer invoicing and deferred revenue in the same ledger.

  2. 02

    Run every entity on one ledger

    Concourse rolls cash positions up across banks and entities, while the group accounts stay in the ERP. Light holds every entity on one ledger and consolidates as transactions post, with intercompany eliminations included.

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

    Agents do the routine work

    They code, match and post inside the controls you set, with every action logged.

  3. 03

    Close every entity at once

    Consolidation and eliminations update as transactions post.

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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 Concourse a general ledger?

No. It is an AI agent platform that connects to the ERP, data warehouse and banks you already run and works on top of them. Light is the general ledger, with agents working inside it.

Does Concourse consolidate entities?

It rolls cash positions up across banks, entities and currencies; the group accounts stay in the connected ERP. Light consolidates every entity on one ledger as transactions post.

When does Concourse fit?

When you are keeping NetSuite, SAP, Oracle or another ERP and want AI agents for variance analysis, forecasting, close tasks and reporting on top of it.

Do Light's agents post to the books?

Yes. Light's agents code, match and post inside the controls you set, with every action logged and attributable.

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