Comparison · Light vs RightRev
Light vs RightRev
RightRev is revenue recognition software for ASC 606 and IFRS 15: it calculates revenue by rule from CRM, billing and usage data and posts journal entries to the general ledger in your ERP. Light is one agentic ledger where contract-based invoicing, deferred revenue, spend and consolidation sit in the same books.
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Light and RightRev, compared
| Feature | Light | RightRev |
|---|---|---|
| General ledger and accounting system of recordRightRev: a revenue sub-ledger that posts journal entries to the general ledger in NetSuite, SAP, Oracle, Workday or another ERP | Yes | No |
| Accounts receivable and customer invoicingRightRev: reads invoices from Stripe, Salesforce or Nue to recognise revenue; the billing system issues them | Yes | No |
| Subscription billing and deferred revenueRightRev: recognises subscription, usage and hybrid revenue and posts deferrals and releases from billing data | Yes | Yes |
| Multi-currency accountingRightRev: revenue reported and translated across currencies inside the revenue sub-ledger | Yes | Yes |
| Agents that complete work, not only suggestRightRev: agents check contracts, flag anomalies, reconcile to the GL and draft flux commentary, with sign-off before anything posts | Yes | Yes |
| Accounts payable and vendor bill payRightRev: covers the revenue side: recognition, lessor leases and the related journal entries | Yes | No |
| Financial statements (P&L, balance sheet)RightRev: revenue reports, a revenue waterfall and 160+ pre-calculated metrics; full statements come from the ERP it posts to | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Bill and recognise in one place
RightRev reads contracts, invoices and usage from your CRM and billing system and posts revenue journal entries to your ERP. Light handles contract-based invoicing and deferred revenue inside its own ledger, so there is nothing to tie out between systems.
- 01
Keep the general ledger included
RightRev is a revenue sub-ledger that sits next to NetSuite, SAP, Oracle or Workday. Light is the system of record, with spend, AP, AR and the general ledger in one platform.
- 02
Run every entity on one ledger
RightRev reports revenue across currencies and entities. Light holds every entity's full books on one ledger and consolidates as transactions post, with intercompany eliminations included.
When to choose Light
- 01
Billing and revenue in the books
Contract invoicing and deferred revenue post straight to the ledger, so nothing needs a tie-out.
- 02
The ledger is included
Light is the system of record: spend, AP, AR and the general ledger in one platform, with no ERP decision left open.
- 03
Close every entity at once
Consolidation and eliminations update as transactions post.
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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 RightRev a general ledger?
No. It is a revenue sub-ledger that posts journal entries to the general ledger in your ERP. Light is the general ledger itself.
Does RightRev invoice customers?
It reads invoices from billing systems such as Stripe, Salesforce or Nue to recognise revenue. Light handles customer invoicing and deferred revenue in the ledger.
When does RightRev fit?
When you are keeping NetSuite, SAP, Oracle or Workday and need a dedicated engine for complex ASC 606 or IFRS 15 revenue, or lessor lease accounting.
Does Light handle deferred revenue?
Yes. Contract-based invoicing and deferred revenue are automated in the ledger, and ARR, MRR, NRR and churn are computed from the ledger and your contracts in real time.
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