80+
Countries with local payment rails, native to the ledger
Comparison · Light vs PE Accounting
Light vs PE Accounting
PE Accounting is a small business accounting tool for single-entity business, but doesn't handle multi-entities. Avoid manual reconciliation and reporting out of spreadsheets, use Light's native PE Accounting import to launch instantly.
Book a demo$2B
Revenue Tillo runs on Light across 8 entities
76%
Cut in Tillo's month-end processing time
4
People on the finance team scaling Lovable to $500M revenue
Compare Light vs PE Accounting
| Light | PE Accounting | |
|---|---|---|
| Implementation | Weeks, with a dedicated implementation team and account manager included | Onboarding into their service organisation |
| Architecture | One AI-native ledger; consolidation posts as transactions happen | Software bundled with an outsourced accounting service |
| Agents | Agents complete work end to end inside your controls; every action logged and attributable | The service team does the work |
| Configuration | Astra learns from your data and suggests workflow and configuration changes to increase performance; applied in-product, no consultants | Managed by their service team |
| Subscription management | Contract-based invoicing and deferred revenue automated | Invoicing handled within the service |
| Spend management | Corporate and virtual cards with Apple Pay and Google Pay, expense capture via Slack, Teams and email, native to the ledger | Expense handling within the service |
| Global bill pay | AP and vendor payments executed on local rails in 80+ countries, from the ledger itself | Swedish rails |
| Advanced reporting | Real-time multi-entity reporting with instant drill-down; no spreadsheet exports | Service-produced reports |
| SaaS metrics | ARR, MRR, NRR, churn and cohort metrics computed from the ledger and contracts, in real time | Not native |
| Global coverage | Local payment rails in 80+ countries; multi-entity, multi-currency by default | Sweden-centred |
Why finance teams choose Light over PE Accounting
PE Accounting bundles software with an outsourced accounting service: their team runs your books inside their process. For companies that want finance handled, it is a coherent offer. The trade is control and scaling: the process lives in their organisation, and growth is billed in service hours.
Light gives the team the system instead: one AI-native ledger where agents do the mechanical work at platform cost, your policies set the controls, and the process, data and audit trail stay in-house.
Agents at platform cost, not service hours
Volume growth on a service model grows the invoice. On Light, agents absorb the volume: coding, matching, reconciling, chasing, posting, logged and inside thresholds you set, while a 4-person team scales the way Lovable's did to $500M in revenue.
Across the border
A Swedish service organisation does not extend to Berlin or New York. Light runs Swedish entities on Swedish rails and the rest of the group across 80+ countries, consolidated continuously on one ledger.
Where PE Accounting fits
A Swedish company that wants accounting fully outsourced, and expects to stay Swedish, gets what it pays for. Teams that want ownership of the function, or a group beyond Sweden, want the platform.
Signs you’ve outgrown PE Accounting
You are renting a team, not running a system
PE Accounting bundles people with software; the process lives in their organisation. Light gives your team the system and the agents, and the control stays in-house.
Scaling means more service hours
Growth adds entities and volume, and the service bill grows with it. Light's agents scale with volume at platform cost, not headcount cost.
The border is the boundary
A Swedish service model does not follow you into Germany or the US. Light runs multi-entity, multi-currency, with local rails in 80+ countries.
“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
Top 3 reasons leaders pick Light over PE Accounting
An all-inclusive platform
Leverage native products for AP, AR, Procurement and budgeting that seamlessly leverage AI and integrate to Slack and Teams.
Superior performance
Whether you are processing 100,000 or 50 million transactions, the Light Ledger is based on a hyper-performant database.
Beautiful reporting
Stop the reporting headache of spreadsheets, and get fast, intuitive reports with instant drill-down capabilities.
More reasons to love Light
Enjoy integrated products that both finance and the employees enjoy using.
Expense Management
Automate expense approvals, track spending in real-time, and gain insights with AI-powered analytics.
Vendor Management
Streamline vendor relationships with simplified onboarding, tracking supplier performance, and enforcing procurement policies.
Cards
Issue vendor and employee cards with Apple Pay and Google Pay globally. Upload receipts via Slack, Teams or email.
Frequently asked questions
Is Light a good alternative to PE Accounting?
If you want finance run in-house on your controls with agents doing the work, yes. If you want the function outsourced entirely and remain Sweden-only, PE's model may still fit.
Do we need a big finance team to run Light?
No. Agents do the mechanical layer; customers run multi-entity groups with small teams, like Lovable's 4 people at $500M revenue.
Can our accountant or revisor still be involved?
Yes, with live access to an immutable ledger and complete audit logs, rather than access to someone else's process.
How does migration from a service model work?
Light's implementation team takes over the books in weeks, moving history and open items onto your own ledger.