Light vs Perk Spend

Perk Spend, formerly Yokoy, is spend management for mid-sized and large companies: receipt capture with AI extraction and policy checks, invoice processing with purchase order matching, Visa debit cards, physical and virtual, and approval workflows, all exported into the ERP you keep. Light is the agentic ERP that is the ledger, with corporate cards, expenses, AP, AR, procurement, vendor payments on local rails in 80+ countries and multi-entity consolidation in one system.

Book a demo
  • 4 week implementation
  • KPMG global partnership
  • Remove 4+ tools
  • 700+ apps

The world's most demanding finance teams run on Light.

Adaptyv Bio All Gravy BeZero Carbon Biofire Casavo causaLens ComplyAdvantage ControlPlane deepset Ellidore Flowbox fonio.ai Formalize Fuse Energy GetWhy HICX KeyShot Legora Lovable Noda Officeguru Omnea Omnio Oper Paebbl pawaPay Pentimenti SEON Smarkets Stravito Superb Taktile Tandem Health Tillo Wawa Fertility WeDoBooks Xaver

Light and Perk Spend, compared

FeatureLightPerk Spend
General ledger and accounting system of record
Expense capture with AI extraction and policy checks
Invoice processing with purchase order matching
Corporate and virtual cards
Supplier payments executed from the ledger
Customer invoicing and accounts receivable
One system for both spend and the ledger

Go beyond the spend tool

Perk Spend manages expenses, invoices and cards, then exports them to your ERP. Light includes the ledger alongside spend and payments.

Take the invoice through to payment

Perk Spend matches the invoice and hands it to the ERP. Light pays approved bills from your own bank accounts on local rails in more than 80 countries and posts the result.

See the consolidated group

Perk Spend manages spend across entities. Light also consolidates their accounts, including currency translation and intercompany eliminations.

When to choose Light

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.

Pay suppliers from the ledger

Approved bills pay from your own bank accounts on local rails in 80+ countries.

The close happens in one place

The card transaction, the receipt and the ledger entry are one record, so there is nothing to match across systems.

“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.

Uploading a bill to Light for AI extraction

Room to grow

One ledger built to handle billions of transactions across your business.

The Light ledger with live transactions

Trace every number

Open a report and drill straight into the transactions behind it.

Real-time reporting in Light with drill-down

Spending, under control

Expenses, vendors and cards connected to your ledger.

Expenses

Collect receipts, approve expenses and track spend as it happens.

Managing expenses on the Light mobile app

Vendors

Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.

Vendor and bill management in Light

Cards

Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.

A Light payment card

Frequently asked questions

Is Perk Spend a general ledger?

No. It exports expenses, invoices and card transactions into the ERP that keeps your books.

Is Perk Spend the same as Yokoy?

Yes. The Yokoy spend products now present as part of Perk.

When does Perk Spend fit?

When you are keeping your ERP and want enterprise expenses, invoice matching, cards and travel on one platform.

See Light at work

Book a demo