SoftLedger Review
OUR SCORE 80%
- What is SoftLedger
- Product Quality Score
- Main Features
- List of Benefits
- Technical Specifications
- Available Integrations
- Customer Support
- Pricing Plans
- Other Popular Software Reviews
What is SoftLedger?
SoftLedger is an accounting software suite designed for modern businesses that need a flexible solution that can be set up quickly and it's scalable for your growing needs. The suite covers the entire accounting spectrum and includes the following modules: Accounts Payable, Accounts Receivable, Cash Management, Compliance and Controls, Consolidation Accounting, Cryptocurrency Accounting, Financial Reporting, General Ledger, and Manufacturing and Inventory. SoftLedger is also the first full-featured accounting system designed for cryptocurrency accounting, with features geared in providing automated crypto processes so you can enjoy the benefits of paying and receiving cryptocurrency. With its API capabilities, you can integrate SoftLedger into your software instead of building the general ledger and accounting systems from the ground up. Available in both Base and Enterprise plans, SoftLedger possesses the flexibility to keep up with your continually evolving business, and still allow you to start running a new accounting system within weeks.Product Quality Score
SoftLedger features
Main features of SoftLedger are:
- Accounts payable & receivable
- Cryptocurrency Accounting
- Fund accounting
- CPA Firms
- Accounting management
- Collections management
- Compliance management
- Financial management
- Multi-currency
- Nonprofits
- Real-time reporting
- Third-party integration
- Transaction monitoring
- Vendor management
- Workflow management
- Income statements
- Account reconciliation
- Sarbanes-Oxley compliance
- Automated billing
- Cash flow statement
- Compliance documentation
SoftLedger Benefits
The main benefits of SoftLedger are it helps you stay compliant, lets you view real-time financials, eliminates manual accounting processes, supports multiple entities and locations, provides seamless integrations, and gives you role management. Here are more details:
Stay compliant as you grow
SoftLedger lets you retain all transaction information via a multi-dimensional chart of accounts. Its cryptocurrency accounting module is the first full-featured accounting system that knows its way around the complexities of crypto asset management. On the whole, SoftLedger is flexible to meet and adapt to ever-changing processes in the finance industry.
View real-time financials
As a full-fledged accounting software. SoftLedger helps manage your business by providing you with real-time visibility of your transactions, including AR, AP, gains, losses, and asset balances. Consolidate data and generate reports for entities, cost centers, products, jobs, and other requirements.
Eliminate Manual Accounting Processes
The Accounting API can help customize common accounting tasks so it gets easier to process and manage transactions that happen on a daily basis. SoftLedger makes complex processes easier, giving you more time to pore over the day’s results rather than painstakingly update your balances manually. It also offers accounts receivable software for your cash flow problems.
User role management, accounting controls, and compliance
Realizing that each employee has a different role in the organization, SoftLedger provides controls and access levels to maintain order in assignments and approval levels. Granular logs are kept to ensure compliance in SOC 1 standards, and you can also implement both preventative and detective controls.
Multiple entities and locations
SoftLedger lets you manage multiple accounts, companies, and locations within the suite. Instead of restricting you to a single or defined area of coverage, the software scales as your organization grows. The Enterprise version in particular provides unlimited users and unlimited entities with unlimited transactions and SKUs.
Seamless integrations
Designed with the latest cloud architecture and the latest in API technology, SoftLedger can easily integrate with your internal software or with other cloud applications. SoftLedger is fully programmable via REST API and can extend your system’s functionalities by providing a readymade accounting solution.
Technical Specifications
Devices Supported
- Web-based
- iOS
- Android
- Desktop
Customer types
- Small business
- Medium business
- Enterprise
Support Types
- Phone
- Online
SoftLedger Integrations
The following SoftLedger integrations are currently offered by the vendor:
- REST API
Customer Support
Pricing Plans
SoftLedger pricing is available in the following plans:
