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Description
Fratera is a procurement-focused platform that brings contract management, supplier relationships and business workflows into one workspace. Built for small and growing teams, it connects the agreement, the supplier and the people responsible for the next decision.
Keep contracts and supporting documents in a searchable repository, track renewal and notice deadlines, and manage approvals through delegation-of-authority rules. Send documents for electronic signature and retain the signed copies alongside the contract record. Configurable fields, sections and dropdowns let teams capture the information their organisation needs.
A shared supplier view brings together contracts, financial commitments, contacts, legal entities, risks, issues and quarterly business reviews. Negotiation tools help teams establish a baseline, compare successive offers and turn agreed items into a draft contract.
Build reusable workflows with forms, questionnaires, conditional steps, approvals and record updates. Assign work to individuals or groups, invite external suppliers to respond, and collect missing contract information from colleagues without granting access to the underlying records. My Work keeps outstanding actions together.
AI can extract contract details for review, answer questions about records and contract terms, and provide references to source documents. Proposed changes remain subject to human review.
Each customer has an isolated database, with regional hosting and granular access controls. Reports and recorded activity help teams understand commitments, prepare supplier discussions and trace decisions.
Readers, approvers and signers are unlimited and free, so participation can extend beyond the core procurement team.
Description
Automate data entry with line-by-line data extraction. Lightyear is the fastest Purchasing and AP software in the world. It combines all your bookkeeping, billing approvals, and purchasing into one intuitive cloud platform. The Lightyear suite of products can be used by large and medium-sized businesses in all industries.
We offer;
. Advanced Procurement and PO Approvals
. Direct to Supplier Ordering
. Matching goods received and automated 3-way matching
. Budgets
. Industry-leading line-item data extraction from Credit Notes & Bills
. Advanced Approvals
. Automated reconciliation of supplier statements
. Automated 3-way line item matching
. Supplier Management
. Inventory Management
. Instant messaging & notification centre
. Mobile app approvals
. Integrations with ERP and Accounting software.
. Detailed reporting
. Archive with full audit trail
. Real-Time Data
Lightyear is a multi-award-winning 5* rated app across Capterra & Netsuite, and have been named as category leaders in Purchasing & AP by Gartner, GetApp andSoftware Advice.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
AccountsIQ
No
Bepoz Point of Sale
No
Idealpos
No
MYOB
No
MYOB AccountRight
No
Microsoft Dynamics 365
No
Microsoft Dynamics 365 Business Central
No
NetSuite
No
NetSuite OneWorld
No
NetSuite SuiteCommerce
No
Integrations
AccountsIQ
Yes
Bepoz Point of Sale
Yes
Idealpos
Yes
MYOB
Yes
MYOB AccountRight
Yes
Microsoft Dynamics 365
Yes
Microsoft Dynamics 365 Business Central
Yes
NetSuite
Yes
NetSuite OneWorld
Yes
NetSuite SuiteCommerce
Yes
Pricing Details
$4,000/year
Core starts at $4,000/year for 10 full users, or $400/month with monthly billing. Three editions and four sizes; USD and EUR pricing available. Readers, approvers and signers are unlimited and free. Built-in e-signing is included. Pro SRM adds supplier relationship management, custom workflows and purchasing. A 14-day free trial is available. Prices exclude VAT and applicable taxes.
Free Trial
Yes
Free Version
No
Pricing Details
$99 per month
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Fratera s.r.o.
Founded
2026
Country
Czech Republic
Website
fratera.io
Vendor Details
Company Name
Lightyear
Founded
2017
Country
United Kingdom
Website
www.lightyear.cloud/
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
Yes
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
Yes
Version Control
Yes
Workflow Management
Yes
Vendor Management
Audit Management
Yes
Contact Management
Yes
Customer Database
No
Self Service Portal
No
Supplier Master Data
Yes
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
Yes
Vendor Qualification Tracking
Yes
Product Features
Accounts Payable
Approval Process Control
Yes
Bank Reconciliation
Yes
Cash Management
No
Check Writing
No
Duplicate Payment Alert
Yes
Fraud Detection
Yes
General Ledger Entry
Yes
Vendor Management
Yes
Inventory Management
Alerts/Notifications
No
Barcoding / RFID
No
Forecasting
Yes
Inventory Optimization
Yes
Kitting
No
Manufacturing Inventory Management
Yes
Mobile Access
No
Multi-Channel Management
No
Product Identification
No
Reorder Management
No
Reporting/Analytics
Yes
Retail Inventory Management
Yes
Supplier Management
Yes
Warehouse Management
No
Procure to Pay
Billing & Invoicing
Yes
Budgeting / Forecasting
Yes
Compliance Management
Yes
Contract Lifecycle Management
No
Financial Reporting
Yes
Integration Management
Yes
Inventory Management
Yes
Order Management
Yes
Vendor Management
Yes
Procurement
Asset Management
Yes
Auction Management
No
Bid Management
No
Budget Management
No
Catalog Management
Yes
Contract Management
No
Inventory Management
Yes
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Receiving
Yes
Requisitions & Approvals
Yes
Sourcing Management
No
Spend Management
No
Supplier Management
Yes
Purchasing
Catalog Management
Yes
Compliance Management
No
Contract Management
No
Inventory Management
Yes
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Requisitions & Approvals
Yes
Sourcing Management
No
Spend Management
Yes
Supplier Management
Yes
Vendor Management
Audit Management
No
Contact Management
Yes
Customer Database
No
Self Service Portal
No
Supplier Master Data
Yes
Transaction History
No
Vendor Maintained Profiles
Yes
Vendor Managed Inventory
Yes
Vendor Performance Rating
No
Vendor Qualification Tracking
No
