SoftLedger is a cloud-native accounting platform that provides real-time visibility into financial data for organizations managing multiple entities and complex reporting requirements. Its general ledger, accounts receivable, accounts payable, and crypto asset management features streamline financial operations, enabling CFOs and controllers to consolidate data efficiently and reduce manual processes.
Funding
$2.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations, especially those with multiple entities or complex structures, struggle with disparate accounting systems and the manual effort required to consolidate financial data. This often leads to delayed reporting, increased errors, and a lack of real-time visibility into overall financial performance.
Solution
SoftLedger is a cloud-native accounting platform designed to provide real-time visibility and streamlined financial operations for organizations with complex reporting needs. The platform's core functionality includes a general ledger, accounts receivable, accounts payable, and crypto asset management, all accessible through an open API. SoftLedger enables CFOs and controllers to efficiently consolidate financial data across multiple entities, automate accounts payable and receivable, and manage digital assets within a single system. By eliminating manual processes and providing a unified view of financial data, SoftLedger helps businesses make informed decisions and improve overall financial control.
Target Audience
SoftLedger is designed for CFOs, controllers, and accounting professionals in organizations managing multiple entities, including financial services firms, real estate investors, CPA firms, SaaS companies, and those dealing with digital assets.
Features
- Multi-entity consolidation, allowing seamless management of multiple entities and locations
- Real-time accounting, providing up-to-date visibility into gains, losses, and asset balances
- REST API and pre-built functions for building custom accounting functionality and connections to other software
- Core financials that adapt to track the financial impact of operations
- Open Banking API integration for consolidating financial data, including cryptocurrency
- Flexible subledger for managing accounts payable, accounts receivable, inventory, and more
- Automated accounts payable and receivable processes
- Real-time financial reporting