Funding
Funding not disclosed
Founders
Product
Problem
Many businesses find that basic cloud accounting software lacks the functionality needed to manage complex operations, while traditional ERP systems can be prohibitively expensive and difficult to customize. This leaves a gap for companies needing more robust features without the high costs and inflexibility of legacy solutions.
Solution
ConeLedger offers a cloud-based ERP platform designed with advanced customization and scripting capabilities, providing a cost-effective alternative to traditional ERP systems. The platform allows businesses to tailor the system to their specific needs through custom records, transaction types, fields, and forms. Users can automate business workflows using a flowchart-like editor to write and deploy custom server-side scripts. ConeLedger also supports location-level inventory tracking with automated inventory valuation and COGS calculation based on FIFO, LIFO, or Average Cost configurations.
Target Audience
ConeLedger targets businesses that require more functionality than basic cloud accounting software but want to avoid the high cost and complexity of traditional ERP systems.
Features
- Customizable user permissions
- Location-level inventory tracking with automated inventory valuation and COGS calculation
- Customizable transaction type-specific transforms and transaction line-level links
- Programmable SMS & Email via flowchart-based automation designer and server-side scripting
- Customizable navigation menu items with drag-and-drop capability
- Custom reporting and saved search integration with system-wide features
- Multi-select custom field type
- Experimental support for performance obligation management, delivery tracking, and revenue recognition automation (ASC606)
- Audit trail for field updates and workflow operations on all record types
- Global search functionality