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SoftLedger Integrates Lukka Enterprise Data to Support High Volume Data Businesses

Apr 17, 2024

NEW-YORK April 18, 2024, SoftLedger, a cloud-native financial management system, and Lukka proudly announce a combined product offering, focused on enterprise businesses with crypto on balance sheet. Lukka, the leading global blockchain data provider supporting businesses in over 50 countries, now power’s SoftLedger’s leading SaaS accounting software. This collaboration augments SoftLedger’s on-chain and off-chain connectivity in order to support large data transaction volume businesses with SoftLedger’s existing trusted accounting features.

Ben Taylor, CEO of SoftLedger, highlighted the partnership's significance, stating, “Collaborating with Lukka not only enhances our capability to provide comprehensive financial management solutions but also aligns with our vision to facilitate seamless integration of crypto assets into global financial reporting. This partnership enables SoftLedger to offer unmatched financial reporting flexibility, ensuring our clients can operate confidently and efficiently, wherever their business may take them.”

"We are excited to offer our advanced data infrastructure to partner with SoftLedger, which offers businesses mature accounting software for both traditional and crypto assets. Our continuous commitment to providing businesses with accurate, transparent, and auditable data is shared with Ben and the SoftLedger team - we are thrilled to release this joint offering," said Robert Materazzi, CEO of Lukka.

This combined capability, along with Lukka’s Enterprise Data Infrastructure, provides a one-of-a-kind solution for businesses that have increased complexity within their balance sheets due to the unique nature of crypto assets and blockchain data. This cooperation empowers SoftLedger's clients with extensive, global, multi-entity accounting capabilities, enabling seamless support across diverse geographic and regulatory landscapes. As an optimal solution for both crypto assets-centric businesses and traditional enterprises venturing into crypto assets, this collaboration harmonizes crypto assets and traditional financial data on a unified accounting platform.

About SoftLedger

SoftLedger, founded in 2015, delivers streamlined accounting for small and medium enterprises. The platform blends powerful accounting software with an API-first approach. SoftLedger caters to CFOs and controllers who have outgrown QuickBooks or Xero, and are seeking a better alternative to Sage Intacct and Oracle NetSuite. Customizable, yet easy to use, SoftLedger empowers finance professionals to simplify complex processes and add strategic value to their business. With over 150 connectors and rapid onboarding, new customers usually get to their first close of books on SoftLedger in 30 days. With key digital asset partnerships like Lukka, SoftLedger is revolutionizing the value that finance teams deliver for digital asset businesses. Visit softledger.com and follow SoftLedger on Linkedin.

About Lukka

Founded in 2014, Lukka serves the most risk-mature businesses in the world with institutional data and software solutions. As a global company, headquartered in the United States, Lukka bridges the gap between the complexities of blockchain data in a global crypto ecosystem with traditional business and reporting needs.
All of Lukka’s products are created with institutional standards, such as AICPA Service and Organization Controls (SOC), which focus on data quality, financial calculation accuracy & completeness, and managing technology operational risk. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance. For information about Lukka, visit lukka.tech and follow LinkedIn.

Author
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Tela Andrews
CMO at SoftLedger

Tela has 15+ years of product management, business, marketing and engineering leadership with a track record of successful delivery. He brings a balanced mix of creative, technical and business acumen, with a relentless focus on building great products and teams that customers love. Tela has experience at large companies (Yahoo!), and a passion for building and operating early and growth-stage businesses.

Frequently Asked Questions

Yes, users have the option to use their own chart of accounts or SoftLedger’s standard chart of accounts when getting started with SoftLedger.  SoftLedger’s flexibility allows users to make changes to their charts by easily adding new accounts.

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