Comparison · Light vs Kolleno
Light vs Kolleno
Kolleno is an order-to-cash platform that sits on top of your ERP: AI-driven collections with reminders and escalations in many languages, a payment portal, cash application that matches incoming payments across currencies and entities, credit risk and disputes, working on invoices synced from the ERP you keep. Light is the agentic ERP where the invoice, the reminder, the cash match and the ledger entry sit in one system, with AP, corporate cards, vendor payments on local rails in 80+ countries and consolidation built in.
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Light and Kolleno, compared
| Feature | Light | Kolleno |
|---|---|---|
| General ledger and accounting system of record | Yes | No |
| Collections: reminders, escalations and cash matching | Yes | Yes |
| Cash application across currencies and entities | Yes | Yes |
| Invoices raised on the same ledger as the payment | Yes | No |
| Accounts payable and vendor payments | Yes | No |
| Corporate and virtual cards issued from the ledger | Yes | No |
| One system for both receivables and the ledger | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Keep the invoice with its payment
Kolleno collects invoices synced from your ERP and posts matched payments back. In Light, the invoice, the reminder, the payment and the ledger entry share the same system and audit trail.
- 01
Run both sides of finance
Light includes supplier bills, corporate cards and vendor payments alongside receivables. You no longer need a collections tool with a separate ERP behind it.
- 02
Consolidate in the same system
Light consolidates entities and currencies continuously. Group reports drill down to the invoices behind the numbers.
When to choose Light
- 01
Billing and revenue in the books
Contract invoicing and deferred revenue post straight to the ledger, so there is nothing to reconcile between a billing tool and the books.
- 02
The ledger is included
Light is the system of record: spend, AP, AR and the general ledger in one platform, so there is no separate ERP to choose.
- 03
Close every entity at once
Consolidation and eliminations update as transactions post.
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 Kolleno a general ledger?
No. It works on invoices synced from your ERP and posts matched payments back to it.
Does Light send payment reminders?
Yes. Reminders, payment matching and bank reconciliation run on the same ledger as the invoice.
When does Kolleno fit?
When you are keeping your ERP and need collections and cash application across many entities and currencies.
See Light at work
