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”.
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