Comparison · Light vs keylight
Light vs keylight
keylight is a subscription business platform: subscription commerce, billing automation for usage, tiered and hybrid pricing, dunning, tax calculation and IFRS 15 and ASC 606 revenue recognition, posting journal entries into the ERP you run, such as NetSuite, SAP, Dynamics 365, Visma, PowerOffice or Tripletex. Light is the agentic ERP that is the ledger, with contract-based invoicing, deferred revenue, AP, cards, vendor payments on local rails in 80+ countries and multi-entity consolidation in one system.
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Light and keylight, compared
| Feature | Light | keylight |
|---|---|---|
| General ledger and accounting system of recordkeylight: posts journal entries into the ERP you run, such as NetSuite, SAP, Dynamics 365, Visma, PowerOffice or Tripletex | Yes | No |
| Subscription billing and deferred revenuekeylight: usage, tiered and hybrid pricing with IFRS 15 and ASC 606 revenue recognition | Yes | Yes |
| Accounts receivable and customer invoicingkeylight: manual and automated invoicing, advance invoices, dunning and chargeback management | Yes | Yes |
| Multi-currency invoicingkeylight: native support for multiple currencies and localised invoice templates | Yes | Yes |
| Multi-entity accounting and consolidationkeylight: consolidation lives in the ERP that receives the journal entries | Yes | No |
| Accounts payable and vendor bill paykeylight: billing is outbound only; supplier bills live in the ERP | Yes | No |
| Corporate and virtual cardskeylight: cards and employee spend sit outside the product, in the ERP or a spend tool | Yes | No |
| Agents that complete work, not only suggestkeylight: predictive analytics for churn prevention and customer lifetime value; billing runs on configured rules | Yes | No |
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The world's most demanding finance teams run on Light.
Keep billing in the books
keylight bills subscriptions, usage and tiered plans and posts journal entries into the ERP you run. Light invoices from contracts and posts deferred revenue inside its own ledger, so the invoice and the accounting entry are one record.
- 01
Recognise revenue where it is reported
keylight computes IFRS 15 and ASC 606 schedules in the billing platform and syncs them to NetSuite, SAP, Dynamics 365, Visma, PowerOffice or Tripletex. In Light the contract, the schedule and the P&L live together, so there is no month-end tie-out between billing and the ledger.
- 02
Run the whole close in one system
Light holds AP, vendor payments on local rails in 80+ countries, cards, expenses, contract billing and multi-entity consolidation on one ledger, with agents completing the routine work under your controls. Billing is one part of the close, not a separate system beside it.
When to choose Light
- 01
Billing and revenue in the books
Contract invoicing and deferred revenue post straight to the ledger, so nothing needs a tie-out.
- 02
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.
- 03
SaaS metrics from the ledger
ARR, MRR, NRR and churn are computed from the ledger and your contracts in real time, with no extra module.
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fastest growing companies
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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
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 keylight a general ledger?
keylight is a subscription billing platform. It posts journal entries into the ERP you run, and that ERP stays the accounting system of record.
Does Light do usage-based billing?
Light bills from contracts and automates deferred revenue in the ledger. For complex metered usage across IoT or utility pricing models, keylight is the more specialised tool.
When does keylight fit?
When subscription billing is the main problem, pricing is usage-heavy, and you are keeping NetSuite, SAP, Dynamics 365 or a Nordic ERP as the ledger.
Is Light a good alternative to keylight?
Yes, when you want invoicing, deferred revenue, SaaS metrics, spend, payments and consolidation on one ledger for every entity, with no separate ERP to choose.
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