Light vs Maxio
Maxio (formerly Chargify and SaaSOptics) is a strong subscription billing, revenue recognition, and SaaS metrics platform for B2B SaaS companies. It is a billing and revenue-recognition layer that sits alongside your ERP, not one that replaces it. Light is the agentic ERP that IS your system of record: billing, AP/AR, and multi-entity accounting in one platform, for finance teams anywhere.
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- KPMG global partnership
- Remove 4+ tools
- 700+ apps
The world's most demanding finance teams run on Light.
Light and Maxio, compared
| Feature | Light | Maxio |
|---|---|---|
| General ledger and accounting system of record | ||
| Multi-entity accounting and consolidation | ||
| Financial statements (P&L, balance sheet) | ||
| Subscription billing and revenue recognition | ||
| Accounts payable / bill pay | ||
| Accounts receivable / invoicing | ||
| SaaS metrics (ARR, MRR, NRR, churn) |
Keep revenue beside the books
Maxio syncs billing and revenue recognition into a separate general ledger. Light posts contract billing and deferred revenue in the accounting system itself.
Cover the supplier side too
Light runs accounts payable alongside customer invoicing, cards and expenses. Your finance team works from one record of revenue and spend.
Consolidate across the group
Light combines entities and currencies on one ledger. Group reporting uses the same records as billing and supplier payments.
When to choose Light
Billing and revenue in the books
Contract invoicing and deferred revenue post straight to the ledger, so nothing needs a tie-out.
Pay suppliers from the ledger
Approved bills pay from your own bank accounts on local rails in 80+ countries.
Close every entity at once
Consolidation and eliminations update as transactions post.
“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.”
TanjaDirector of Finance, Omnea
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
Does Maxio replace an ERP?
No. It specialises in billing, revenue recognition and SaaS metrics, with integrations to general ledgers.
What were Chargify and SaaSOptics?
They merged and became Maxio, combining billing with revenue recognition and SaaS metrics.
When should we consider Light?
When you are choosing the accounting system as well as billing, particularly across several entities and currencies.