The verdict
ApprovalMax
AF score 72 / 100 · Leads on 5 of 8Higher score, +4Choose it if
- UK, Australian or New Zealand SMBs on Xero
- Accounting firms and outsourced finance teams that run approval controls and audit evidence across many client organisations
- UK Xero businesses that want approvals and supplier payment runs, including multi-currency payments, in one audit trail
Lightyear
AF score 68 / 100 · Leads on 3 of 8Choose it if
- A UK, Irish, Australian or New Zealand business on Xero
- Hospitality, retail and care groups that raise POs
- Accounting and bookkeeping firms running AP for many clients from one parent account
Scores from our independent reviews of both tools. Prices verified 12 Nov 2026.
At a glance
| Fact | ApprovalMax | Lightyear |
|---|
| Best fit | Xero/QBO SMBs and accounting firms | UK and ANZ SMEs on Xero or QBO |
| Price | From $49.50/org/mo (published) | $199 to $319/mo (published) |
| Pricing model | Published per-organisation plans, moving to usage tiers | Published credit tiers: per document, unlimited users |
| Implementation | Low | Low |
| Time to go live | A few days (vendor) | 4 to 6 weeks (vendor) |
| Agent readiness | 2 / 5 | 2 / 5 |
| AF score | ✓ 72 / 100 | 68 / 100 |
✓ marks a clear edge. Prices are as each vendor publishes them, verified 12 Nov 2026.
AF scores by dimension
ApprovalMaxLightyear
ApprovalMax leads on
Payments & money movement
+18Each dimension is scored 0 to 100 in the full reviews. The chip shows the leader's margin.
What each costs
ApprovalMax
From $49.50/org/mo (published)
Published per-organisation plans, moving to usage tiers
Lightyear
$199 to $319/mo (published)
Published credit tiers: per document, unlimited users
Compare plans on their own sitesNeither vendor pays us. Both buttons go to the vendor's own site.
Where each falls short
ApprovalMax is a weak fit for
- Companies on Sage Intacct, Business Central, MYOB or SAP: only Xero
- US teams that want checks, virtual card payouts or 1099 filing handled by the AP tool
- Buyers whose auditors or procurement require a SOC 1 or SOC 2 Type II report or SAML single sign-on
Lightyear is a weak fit for
- Teams that want AP to pay suppliers
- US companies that need W-9 collection, 1099 filing
- Finance teams planning to run AP through an AI agent
ApprovalMax vs Lightyear: common questions
Which scores higher, ApprovalMax or Lightyear?
ApprovalMax, 72 to 68 on our 100-point rubric.
How much do ApprovalMax and Lightyear cost?
ApprovalMax: From $49.50/org/mo (published). Lightyear: $199 to $319/mo (published).
How long does each take to go live?
ApprovalMax: A few days (vendor). Lightyear: 4 to 6 weeks (vendor).
Which works better with AI agents?
ApprovalMax rates 2 and Lightyear rates 2 out of 5 on our agent-readiness test.
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