Comparison · Light vs myfactory
Light vs myfactory
myfactory is a modular cloud ERP for small and mid-sized companies in Germany, Austria and Switzerland, with its own finance module, stock, production planning, webshop and POS, hosted in Germany. Light is the agentic ERP that runs every entity in one ledger, with cards, AP/AR, payments on local rails in 80+ countries and continuous consolidation in the same system, and agents doing the routine work; Light has no stock, production or POS module.
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Light and myfactory, compared
| Feature | Light | myfactory |
|---|---|---|
| General ledger and accounting system of recordmyfactory: its own finance module with double-entry accounting, cost accounting, fixed assets and year-end close | Yes | Yes |
| Multi-entity accounting and consolidationmyfactory: group consolidation is not among its listed finance functions | Yes | No |
| Multi-currency accountingmyfactory: multi-language and multi-currency come with the ERP + E-Commerce and ERP + PPS tiers | Yes | Yes |
| Accounts payable and vendor bill paymyfactory: SEPA transfer and direct-debit files, bank statement import with rule-based coding | Yes | Yes |
| Vendor payments on local rails in 80+ countriesmyfactory: creates SEPA payment files for your bank to execute | Yes | No |
| Accounts receivable and customer invoicingmyfactory: invoicing, dunning with configurable levels, XRechnung and ZUGFeRD | Yes | Yes |
| Corporate and virtual cardsmyfactory: cards and expense capture are not among its listed modules | Yes | No |
| Agents that complete work, not only suggestmyfactory: AI answers natural-language questions on ERP data and assists; staff review and approve | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Run every entity on one ledger
myfactory's finance module sits next to stock, production, webshop and POS; group consolidation is not among its listed finance functions. Light holds every entity, country and currency on one ledger, with consolidation and eliminations posting as transactions happen.
- 01
Pay suppliers from the ledger
myfactory creates SEPA payment files for your bank and imports the statements back. Light pays approved bills from your own bank accounts on local rails in 80+ countries and issues cards that post to the same ledger.
- 02
Keep the operational system you need
myfactory covers stock, production planning and POS as well as accounting. Light has none of those modules, so include them when you decide which parts of your setup to change.
When to choose Light
- 01
One ledger for every entity
Add a company, a country or a currency without adding another system.
- 02
Cards and expenses built in
Spend posts to the same ledger as everything else.
- 03
Agents do the routine work
They code, match and post inside the controls you set, with every action logged.
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
Does myfactory consolidate several companies?
Group consolidation is not among its listed finance functions. Light consolidates every entity by default.
Does Light have stock, production or POS?
No. Light is the finance system: ledger, cards, bills, invoicing and consolidation. A company that needs stock, production or POS keeps a system for them.
Can our tax adviser keep DATEV?
Yes. Light exports DATEV Buchungsstapel, and the adviser can work in the ledger with a full audit trail.
When does myfactory fit?
When a German, Austrian or Swiss company wants stock, production, webshop or POS in the same cloud ERP as its accounting.
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