Access Group expands global ERP offering with acquisition of Lightyear

The Access Group, a prominent provider of business management software, has announced a strategic acquisition of Lightyear, a leading provider of finance automation solutions. This move is set to enhance The Access Group’s ERP software offerings and transform the customer experience in purchasing and accounts payable (AP) on a global scale.

Enhancing ERP Solutions Across Industries

The Access Group’s ERP division caters to a diverse range of industries, including construction, supply chain, waste management, professional services, and facilities management. The company provides tailored solutions that enable small to large businesses to streamline operations and share data seamlessly across various systems.

With the integration of Lightyear, The Access Group will offer an end-to-end solution that addresses the spending needs of these businesses more efficiently. This acquisition is part of The Access Group’s ongoing strategy to expand its portfolio and capabilities in ERP solutions, emphasizing efficiency, control, and visibility for customers.

Lightyear’s Role in Financial Automation

Founded in 2017, Lightyear has rapidly expanded its presence across the Asia-Pacific, Europe, Middle East, Africa, and North America. The company’s comprehensive suite of finance automation solutions automates essential financial tasks such as accounts payable, purchasing, and expenses for SMEs and mid-market businesses. By eliminating manual, labor-intensive, and error-prone processes, Lightyear enables its clients to concentrate on growth-enhancing and cost-reduction activities.

Leadership Comments on the Acquisition

Claire Carter, Managing Director of Access ERP, expressed enthusiasm about the acquisition, stating, “Lightyear is a great fit for our business. The proven success and innovation of the Lightyear team excite us and show huge potential for the future of this world-class product in conjunction with the other solutions we provide today. Following completion of regulatory reviews, we will be delighted to welcome Lightyear into our Access ERP eco-system.”

Chris Gregg, CEO of Lightyear, also commented on the merger: “Joining The Access Group is a tremendous milestone for our team and our customers. Together we can innovate faster and deliver more benefit to our mutual customers. I have been thoroughly impressed with their customer focus, ambition, and culture. We are excited to be joining their mission.”

Strategic Growth and Integration

This acquisition not only reflects The Access Group’s commitment to expanding its international customer base but also emphasizes its strategy to deliver integrated, cutting-edge solutions across its platform. The integration of Lightyear is poised to bring innovative capabilities to The Access Group’s offerings, enhancing overall service delivery and operational efficiency.