Light vs Tracelight
Tracelight is an AI add-in for Excel, PowerPoint and Word built for financial modelling: it builds, reviews and audits models in plain English, from operating models and DCFs to due-diligence databooks, working on the trial balances and spreadsheets you bring to it. Light is the agentic ERP where the books themselves are the model: one ledger for every entity, with budget, forecast and group reporting on the posted transactions, and agents doing the accounting inside your controls.
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Light and Tracelight, compared
| Feature | Light | Tracelight |
|---|---|---|
| General ledger and accounting system of record | ||
| Budget, forecast and variance on the posted ledger | ||
| Actuals come straight off the posted ledger, with no import step | ||
| Consolidation posted in the ledger, not assembled in a spreadsheet | ||
| Accounts payable, receivable and vendor payments | ||
| Corporate and virtual cards + expense management | ||
| Agents that code, match and post transactions |
Report from the ledger itself
Tracelight models the trial balance you bring it. Light's reports, budgets and forecasts read the posted ledger directly, with drill-down to the source document and no import step.
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.
Check the modelling requirements
Tracelight covers valuation, due diligence and deck building in Excel and PowerPoint. If that is your job, a modelling add-in fits. Light fits a finance team running a growing group.
When to choose Light
Current figures any day
Reporting reads the live ledger, so the group view never waits for period end.
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.
Agents do the routine work
They code, match and post inside the controls you set, with every action logged.
“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
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 Tracelight an accounting system?
No. It is an AI add-in for financial modelling in Excel, PowerPoint and Word.
Does Light do budgeting and forecasting?
Yes. Budget and forecast run on the same keys as the ledger, with variance split into operational and FX.
When does Tracelight fit?
When your work is building and auditing financial models, valuations or due-diligence schedules in Excel.