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Comparison · Light vs Fondo

Light vs Fondo

Fondo is a bookkeeping, corporate tax and R&D tax credit service for Delaware C-Corp startups: its accountants close your books monthly, quarterly or annually in your accounting software and hand back the statements. Light is the agentic ERP that IS the ledger, with cards, AP, consolidation and reporting native and agents running the work continuously inside your controls.

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At a glance

Light and Fondo, compared

Light and Fondo, compared
FeatureLightFondo
General ledger and accounting system of recordFondo: a bookkeeping service; the books live in your accounting softwareYesNo
Accounting work done for you, not by your teamFondo: in-house accountants close the books; AI paired with themYesYes
Financial statements (P&L, balance sheet, cash flow)Fondo: delivered after each close: monthly, quarterly or annualYesYes
Multi-entity accounting and consolidationFondo: international subsidiary support, done by their accountants in your accounting softwareYesNo
Corporate and virtual cards + spend managementFondo: not in the offer: bookkeeping, tax filing and tax creditsYesNo
Accounts payable / bill payFondo: not in the offer: bookkeeping, tax filing and tax creditsYesNo
Available to companies not incorporated in the USFondo: built for Delaware C-Corps; international founders and international subsidiaries supportedYesNo

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

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Choose a service or a system

Fondo's accountants keep your books and file your taxes in your accounting software. Light is the ledger, with agents doing the accounting continuously inside your controls.

  1. 01

    Keep the books current every day

    Fondo closes the books monthly, quarterly or annually and hands back statements. On Light, entries post and consolidate as transactions happen, so the numbers are live between closes.

  2. 02

    Put spend in the same system

    Light includes corporate cards, expense capture and supplier payments on local rails in more than 80 countries, alongside the accounts. Every agent action is logged and attributable.

When to choose Light

  1. 01

    The ledger is live every day

    Agents match, reconcile and post continuously, so the books never wait for the next close.

  2. 02

    Every entity and currency in one ledger

    Consolidation and eliminations update as transactions post, for every entity and currency.

  3. 03

    Cards, bills and payments built in

    Spend and supplier payments post to the same ledger as everything else.

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
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

Does Fondo replace your accounting software?

No. Fondo's CPA-led team keeps your books in your accounting software, files corporate taxes and claims R&D tax credits, with a finance dashboard on top.

Who is Fondo built for?

Delaware C-Corp startups from pre-seed to Series B, including international founders, with support for international subsidiaries.

When does Fondo fit?

A US startup that wants the books and tax filings off its plate and does not want to run an accounting system itself.

See Light at work

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A person working at a laptop on an open office floor