Comparison · Light vs finstory
Light vs finstory
finstory is AI FP&A software whose agent, Reeve, reads actuals from QuickBooks, Xero, NetSuite and other accounting systems and drafts board-ready stories with every figure traced to the ledger. Light is one agentic ledger where the books, bills, cards, billing and consolidation sit in the same system.
Book a demoAt a glance
Light and finstory, compared
| Feature | Light | finstory |
|---|---|---|
| General ledger and accounting system of recordfinstory: reads actuals from QuickBooks, Xero, NetSuite and other accounting systems, where the books are kept | Yes | No |
| Group consolidation and intercompany eliminationsfinstory: reports by subsidiary or entity from the connected system; consolidation keeps running where you run it today | Yes | No |
| Accounts payable and vendor bill payfinstory: reads bank and card activity from connected accounts such as Mercury and Brex | Yes | No |
| Accounts receivable and customer invoicingfinstory: reads payments and subscriptions from Stripe and pipeline from HubSpot or Salesforce | Yes | No |
| Corporate and virtual cardsfinstory: reads card balances and spend from connected accounts such as Brex | Yes | No |
| Agents that complete work, not only suggestfinstory: Reeve drafts board stories page by page and loads reforecasts after a dry run | Yes | Yes |
| Real-time multi-entity reporting with drill-downfinstory: live reports and board stories trace each figure to the ledger lines in the connected system | Yes | Yes |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Keep the books in Light
finstory reads actuals from QuickBooks, Xero, NetSuite and other accounting systems and drafts the board story with Reeve. Light is the general ledger itself, so reporting reads the live books across every entity, with drill-down to the source document.
- 01
Close every entity at once
finstory reports by subsidiary or entity, and consolidation keeps running where you run it today. Light holds every entity on one ledger and consolidates as transactions post, with intercompany eliminations included.
- 02
Pay and bill from the ledger
finstory reads bank, card and Stripe activity from connected accounts. Light pays suppliers, issues cards and invoices customers from the same ledger, so the P&L and balance sheet come from the system that holds the transactions.
When to choose Light
- 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.
- 02
Close every entity at once
Consolidation and eliminations update as transactions post.
- 03
Pay suppliers from the ledger
Approved bills pay from your own bank accounts on local rails in 80+ countries.
Trusted by the world's
fastest growing companies
See how finance teams run lean and global on Light.
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
Built for the daily work
Bills through to payment
Capture invoices, route approvals and pay vendors from the same system.
Room to grow
One ledger built to handle billions of transactions across your business.
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.
Expenses
Collect receipts, approve expenses and track spend as it happens.
Vendors
Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.
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 finstory a general ledger?
No. finstory is AI FP&A software that reads actuals from the accounting system you already run and turns them into board stories. Light is the ledger itself.
Does finstory consolidate entities?
finstory reports by subsidiary or entity from the connected system; consolidation keeps running where you run it today. Light consolidates every entity on one ledger as transactions post.
When does finstory fit?
When you are keeping QuickBooks, Xero, NetSuite or another accounting system and want the monthly management pack and board story drafted faster.
Does Light handle bills, cards and invoicing?
Yes. Light pays approved bills on local rails in 80+ countries, issues corporate and virtual cards, and handles contract-based invoicing and deferred revenue, all in the same ledger.
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