Comparison · Light vs Prophix
Light vs Prophix
Prophix is a financial performance platform for mid-market finance teams. Prophix One unifies planning, close, consolidation and reporting on one governed data foundation: driver-based budgets and rolling forecasts across entities, financial consolidation with intercompany eliminations, multi-currency translation and minority interest, account reconciliation, cash management and lease accounting, with role-based approvals and AI agents. It is not a general ledger: it brings data in from ERPs such as NetSuite, SAP, Oracle, Microsoft Dynamics and Workday. Light is the agentic ERP where every entity posts to one ledger, so group numbers are consolidated as transactions post, with no export or mapping step in between.
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Light and Prophix, compared
| Feature | Light | Prophix |
|---|---|---|
| General ledger and accounting system of recordProphix: a financial performance platform that unifies planning, close, consolidation and reporting on data from your ERPs, not a ledger itself | Yes | No |
| Multi-entity consolidationProphix: a core strength: intercompany eliminations, multi-currency translation, minority interest and an audit trail, run on data brought in from your ERPs | Yes | Yes |
| Budget, forecast and budget-vs-actual reportingProphix: a core strength: driver-based budgets and rolling forecasts across entities, with role-based approvals | Yes | Yes |
| Consolidation updates continuously as transactions postProphix: consolidation runs on data brought across from the ERPs after they post | Yes | No |
| Accounts payable and accounts receivable ledgersProphix: not covered; AP and AR stay in the connected ERP | Yes | No |
| Corporate cards and spend managementProphix: not offered; Prophix is a planning, close and consolidation platform | Yes | No |
| Vendor payments on local railsProphix: not a payments product | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Consolidate at the source
Prophix consolidates data brought across from your ERPs, with eliminations, currency translation and minority interest. Light consolidates as transactions post, with drill-down from group figures to source documents.
- 01
Budget against the books
Light builds budgets and forecasts on the ledger's own structure, and splits variances into operational and currency effects. The report and the books come from the same data.
- 02
Check the close requirements
Prophix covers driver-based budgets, rolling forecasts, account reconciliation, cash management and lease accounting on one platform. Light runs the ledger, consolidation, AP, AR, cards and payments, and its own FP&A and Management Reporting apps are free with your Light plan. For deeper planning, Light also connects to Abacum and Drivetrain.
When to choose Light
- 01
Budget against the books
Budgets and forecasts are built on the ledger's own structure, and variances are split into operational and currency effects.
- 02
Close every entity at once
Consolidation and eliminations update as transactions post.
- 03
One product for all of finance
Ledger, cards, bills, billing and consolidation run in one product, so no data has to move between systems.
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 Prophix a general ledger?
No. It plans, consolidates, reconciles and reports on data from your connected ERPs.
Does Light do consolidation?
Yes. Entities post to one ledger, and consolidation and eliminations update as transactions post.
When does Prophix fit?
When you keep several ERPs and need consolidation, close and planning in one governed platform above them.
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