As the digital asset landscape matures, crypto companies face a complex set of challenges in finance and accounting. With the recent election, itโs clear that digital assets are becoming an increasingly integral part of the financial landscape with growing presence, adoption, and national focus. For companies using crypto in their operations, this means implementing compliant finance processes sooner rather than later through a native crypto accounting software. Traditional accounting tools like QuickBooks, Xero, NetSuite, and Sage Intacct, however, may not be equipped to handle the unique needs of crypto businesses.
With upcoming regulatory expectations, crypto companies need more than workaroundsโthey need a platform built to handle digital assets. SoftLedger, a robust mid-market general ledger with native crypto functionality, offers these capabilities and partners with leaders like Node40, Lukka, and Hyperion Labs to deliver customized, compliant solutions for every customer need.
For crypto businesses, remaining compliant isnโt just good practiceโitโs becoming a necessity. Traditional accounting software was not designed to handle crypto assets, and relying on third-party plugins doesnโt fully address compliance demands. SoftLedgerโs native crypto functionality and extensive partnership network provide the tools crypto companies need to meet todayโs requirementsโand tomorrowโs.
Legacy software providers fall short with digital assets, leaving crypto companies reliant on cumbersome workarounds. By contrast, native crypto accounting software like SoftLedger enables straightforward, accurate tracking of crypto transactions and assets.
While QuickBooks and Xero are popular for small businesses, many mid-market crypto companies require greater power and adaptability. SoftLedger provides this capability, positioning itself as an accounting solution that can meet the demands of growing businesses.
In a world where crypto regulations are increasingly defined, companies dealing in digital assets need accounting software built for their needs. QuickBooks and Xero, while adequate for small businesses, simply canโt keep up with regulatory expectations for crypto accounting. With SoftLedger and our partnerships, youโre equipped to meet the demands of today and tomorrow.
Crypto companies seeking a scalable, compliant, and feature-rich accounting solution need look no further than SoftLedger. With native crypto functionality, deep integrations, and partnerships with industry leaders like Node40, Lukka, and Hyperion Labs, SoftLedger enables mid-market crypto companies to manage finances confidently and efficiently.
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, NODE40, Hyperion and more SoftLedger is revolutionizing the value that finance teams deliver for digital asset businesses. Visit softledger.com and follow SoftLedger on Linkedin.
A CPA with more than 10 years of varied public and private accounting experience, Ben has led many complex financial projects to successful outcomes.
He began his career at Ernst & Young, followed by in-house management roles at Fannie Mae and other public companies.
Ben holds a B.S. in Accounting from the University of Maryland.