On the first business day of the month, organizations all over the world start their financial close process. This is when they turn the prior month’s operational data into financial statements. This process, called “closing the books”, typically takes a few weeks.
Legacy software is rigid. Data is compartmentalized. Users need to hunt for their data, using complex systems of references.
This is why legacy software is unable to adapt to changing business models and processes.
Instead of searching for your data, what if it was readily available? What if your financial statements were just queries from the underlying data?
That’s what we’re doing at SoftLedger. We are building a complete and flexible accounting system purpose-built to close on day 1, each month.
Imagine what impact a one-day financial close process will have on businesses. They’ll be able to make better decisions, more quickly, have easier access to capital, and overall they’ll simply be more competitive.