Comparison · Light vs Flychain
Light vs Flychain
Flychain provides bookkeeping, tax planning and filing, and financing for healthcare practices, with a dedicated bookkeeping team that closes the books each month and a CFO Hub with an AI CFO for reporting. Light is one agentic ledger that your own finance team runs, with every entity, cards, bills, billing and consolidation in the same books.
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Light and Flychain, compared
| Feature | Light | Flychain |
|---|---|---|
| General ledger and accounting system of recordFlychain: a dedicated healthcare bookkeeping team keeps your books and closes them each month | Yes | Yes |
| Monthly profit and cash flow reportingFlychain: net profit, monthly cash flow and margins, with comparison across locations | Yes | Yes |
| Accounts payable and vendor bill payFlychain: connects to your bank, payroll and corporate cards with read-only access | Yes | No |
| Corporate and virtual cardsFlychain: reads the corporate cards you already use, with read-only access | Yes | No |
| Accounts receivable and customer invoicingFlychain: connects to the billing systems you already run and reports revenue by payer | Yes | No |
| One system for spend and the general ledgerFlychain: reads the bank accounts and cards you already use with read-only access, and its bookkeepers record them in the books | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Your team runs the books
Flychain's bookkeepers close your books each month and review them with you on a call. In Light your finance team works directly in the ledger, and agents code, match and post inside the controls you set.
- 01
Current figures any day
Flychain's CFO Hub reports margins, revenue by payer and salary ratios on the closed books. Light reads the live ledger, so every entity rolls up in real time with drill-down to the source document.
- 02
Run every entity on one ledger
Flychain compares margins across locations on a standardised chart of accounts. Light holds every entity on one ledger and consolidates as transactions post, with intercompany eliminations included.
When to choose Light
- 01
Your finance team runs the books
You work directly in the ledger and see current figures any day, not at an advisor's handover.
- 02
Group reporting is always current
Every entity rolls up in real time, with drill-down to the source document and no exports.
- 03
One ledger for every entity
Add a company, a country or a currency without adding another system.
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 Flychain accounting software?
Flychain is a bookkeeping, tax and financing service for healthcare practices, with a dedicated bookkeeper and CFO Hub reporting. Light is the general ledger itself, run by your own finance team.
Does Flychain handle several locations?
It compares margins across locations on a standardised chart of accounts. Light consolidates every entity on one ledger as transactions post, with intercompany eliminations included.
When does Flychain fit?
When you run a healthcare practice without an in-house finance team and want bookkeeping, tax filing and financing against insurance claims from one specialist provider.
Is Light an accounting firm?
No. Light is the system your finance team works in, with implementation by a dedicated Light team in weeks and an account manager included.
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