Light Collaborative Features and Functionality
Acquisitions Cycle
Revenue (Sales) & Billing Cycle
Light Collaborative Notes
Your Company will: Your Company will:
  • Light Collaborative is an extension of Light2. As such, it inludes all the featues and functionality of Light2.
  • Collaboration features can only be activated by authorized personnel.
  • Collaboration, or peer-to-peer, functionality is set at both the Company and individual vendor and customer levels, providing for maximum control.
  • Vendors and customers have password and IP address protected access to their data only and never have access to Company accounting data.
  • Collaboration extends to the completeness and accuracy of transactions but does not extend to the "classification" of accounting transactions.
  • Requires a dedicated Internet connection and static IP address.
  • Create Purchase Orders
  • Email requests for Vendor confirmation of detailed Accounts Payable balances directly to you and/or your accounting firm ("Blind" requests also supported).
  • Determine which Vendors will be authorized to "collaborate".
  • Email requests for Customer confirmation of detailed Accounts Receivable balances directly to you and/or your accounting firm ("Blind" requests also supported).
  • Determine which Customers will be authorized to "collaborate".
Your Vendors can: Your Customers can:
  • Access their Purchase Orders on a 24-7(*) basis.
  • "Mark" the shipping or other status of Purchase Order items.
  • Confirm receipt and acceptance of issued Purchase Orders.
  • Confirm amounts payable to them.
  • Check payment status of their invoices.
  • Access their Invoices on a 24-7(*) basis.
  • "Mark" the payment or other status of their open Invoices.
  • Confirm receipt and acceptance of Invoices issued to them.
  • Confirm amounts receivable from them.

Collaborative, Peer-to-Peer Accounting Arrives


Light Collaborative represents the next, logical, step in the utilization of electronic means (your computer and the Internet) to automate your accounting operations, financial reporting and project management.

Accounting software began with the goal of automating the posting and reporting of accounting transactions. Once transactions were gathered, accounting software would step in and generate various statements and reports. CCAS's Light Collaborative extends this goal to the verification of these accounting transactions as well.

And this makes good sense. Sense made perfect by its simplicity. Light Collaborative performs in real-time many of the "confirmation" duties accountants have always performed after the fact. And this with no significant change in your day-to-day operations.

Because customers and vendors deal with each other on a regular basis, it makes sense that each would benefit by enhancing the other's transaction data and reporting potential. Why must your company wait for months - and engage a third party - to confirm the financial and project cost data that could be verified today?

Light Collaborative's primary functionality is tied to Light's "Acquisitions Cycle", and its Purchasing features specifically. The "Revenue (Sales) & Billing Cycle" plays a nearly equal role and rounds-out the software's features by providing "collaborative confirmations". The following table summarizes the features and workings of Light Collaborative: