Comparison · Light vs Spotlight Reporting
Light vs Spotlight Reporting
Spotlight Reporting is a reporting and forecasting suite used by accountants, advisors, CFOs and franchise groups. It connects to Xero, QuickBooks, MYOB and Sage 50, and covers management reporting, three-way forecasting, dashboards, multi-currency consolidation and franchise benchmarking well. It reports on the books held in those accounting systems rather than being one. Light is the agentic ERP where every entity posts to one ledger, so group reporting reads straight from the books.
Book a demoAt a glance
Light and Spotlight Reporting, compared
| Feature | Light | Spotlight Reporting |
|---|---|---|
| General ledger and accounting system of recordSpotlight Reporting: a reporting and forecasting suite that imports from Xero, QuickBooks, MYOB, Sage 50 and Excel | Yes | No |
| Multi-entity consolidationSpotlight Reporting: a strength: multi-currency consolidation with inter-entity eliminations, plus aggregation and benchmarking of up to 500 entities in Multi | Yes | Yes |
| Budget, forecast and budget-vs-actual reportingSpotlight Reporting: a strength: budgets, three-way forecasts, what-if scenarios and consolidated forecasting | Yes | Yes |
| Accounts payable and accounts receivable ledgersSpotlight Reporting: AP and AR are kept in the connected accounting system; Spotlight reports and forecasts on them | Yes | No |
| Corporate cards and spend managementSpotlight Reporting: Spotlight's products cover reporting, forecasting, dashboards and ESG; cards and expenses sit in other tools | Yes | No |
| Vendor payments on local railsSpotlight Reporting: not a payments product; payments run from the accounting system or a separate provider | Yes | No |
| Consolidation posts continuously as transactions happenSpotlight Reporting: consolidated reports are built from data imported from each entity's system; inter-entity balances are excluded in the report, not posted in the books | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Report from the ledger itself
Spotlight imports from each entity's Xero, QuickBooks or MYOB file. Light holds every entity in one ledger, so group reports are live views of the books with drill-down to source documents.
- 01
Keep daily finance together
Light runs bills, invoicing, cards and payments alongside the general ledger. Agents complete routine work within your controls, with a record of every action.
- 02
Check who the report is for
Spotlight is built for advisors reporting to clients and for franchise networks, as well as businesses. If that is your job, a reporting layer fits. Light fits a finance team running a growing group.
When to choose Light
- 01
One ledger for every entity
Add a company, a country or a currency without adding another system.
- 02
Group reporting is always current
Every entity rolls up in real time, with drill-down to the source document and no exports.
- 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 Spotlight Reporting a general ledger?
No. It reports and forecasts on data imported from Xero, QuickBooks, MYOB, Sage 50 or Excel.
Can Light replace our Xero or QuickBooks files?
Light provides the ledger, payables, receivables, spend and consolidation for every entity in one platform.
When does Spotlight Reporting fit?
For a single company on Xero or QuickBooks, an advisor reporting for clients, or a franchise network benchmarking its members.
See Light at work
