Ledge
About Ledge
Provides a real-time finance operations platform that automates multi-way cash reconciliation, cash flow management, and exception handling for high-transaction businesses. By integrating with banks, payment service providers, ERPs, and databases, it eliminates manual processes, reduces reconciliation time by 90%, and ensures continuous audit readiness without requiring R&D resources.
```xml <problem> High-transaction businesses face challenges in efficiently reconciling cash across multiple banks, payment service providers, and ERP systems, leading to time-consuming manual processes and potential errors. This complexity hinders real-time visibility into cash flow and increases the risk of audit findings. </problem> <solution> Ledge offers a real-time finance operations platform that automates multi-way cash reconciliation, cash flow management, and exception handling. By integrating with various data sources, including banks, PSPs, ERPs, billing systems, and databases, Ledge eliminates the need for manual spreadsheets and CSV files. The platform provides continuous, real-time reconciliation, reducing reconciliation time and ensuring continuous audit readiness without requiring R&D resources. Ledge's AI-powered matching capabilities improve match rates as transaction volumes scale, providing finance teams with enhanced efficiency, accuracy, and informed decision-making. </solution> <features> - Continuous, real-time, multi-way cash reconciliation for high-volume businesses - Full matching capabilities, including one-to-one, one-to-many, many-to-one, and many-to-many transaction matching - AI-powered matching that learns and adapts as transaction volumes scale - Real-time visibility into transactions for instant issue resolution - Continuous audit preparation with an immutable data audit trail - Integration with banks, payment service providers, ERPs, billing systems, and databases - Automated exception management and reporting </features> <target_audience> Ledge is designed for CFOs, controllers, finance teams, and operations teams at B2B, B2C, SaaS, fintech, marketplace, and vertical SaaS companies managing high transaction volumes. </target_audience> ```
What does Ledge do?
Provides a real-time finance operations platform that automates multi-way cash reconciliation, cash flow management, and exception handling for high-transaction businesses. By integrating with banks, payment service providers, ERPs, and databases, it eliminates manual processes, reduces reconciliation time by 90%, and ensures continuous audit readiness without requiring R&D resources.
Where is Ledge located?
Ledge is based in East New York, United States.
When was Ledge founded?
Ledge was founded in 2022.
How much funding has Ledge raised?
Ledge has raised 9000000.
- Location
- East New York, United States
- Founded
- 2022
- Funding
- 9000000
- Employees
- 41 employees
- Major Investors
- New Enterprise Associates, Picus Capital