Control your costs with SoftLedger's accounts payable automation and approval workflows.
Collect quicker with recurring and usage-based accounts receivable automation.
SoftLedger's powerful general ledger software is fast to implement and seamlessly adapts to your business.
Enable agile and confident business decisions with SoftLedger's real-time software.
Control your working capital with SoftLedger's cash flow management software and tools.
Get a powerful crypto accounting software that automates all your cryptocurrency transactions
Get a cloud accounting software that is fully programmable via API
SoftLedger is entirely programmable via the Open Banking API, enabling instant financial data consolidation.
Want someone else to handle all of your supplier payments for you? SoftLedger Pay is the smarter way to pay.
Use only Accounts Receivable, Accounts Payable, or another module as your accounting subledger.
Instantly centralize your multi-entity, multi-currency accounting with SoftLedger's financial consolidation software.
Consolidate multiple businesses, properties and investments, in real-time.
The ideal tool for tracking your transactions in a scalable way.
SoftLedger makes it easy to consolidate reporting for family offices in one system.
SoftLedger gives you greater visibility into your data so you can harness opportunities as quickly as they arise.
Venture capital accounting software is feature-rich to support all your consolidation needs.
SoftLedger's full-featured financial services accounting software lets you easily handle multiple entities.
SoftLedger helps you overcome complexity by seamlessly consolidating your financials.
With SoftLedger, there's no more manually tracking login info and software versions.
SoftLedger provides an easy-to-use, API-capable SaaS accounting software that makes subscription management a cinch. Let us show you how.
With SoftLedger's ecommerce accounting software you can track your inventory seamlessly
Effortlessly manage your inventory and track your costs through every stage of production with SoftLedger's manufacturing accounting software.
If your franchise accounting software isn’t specifically built to manage multiple entities, it could be holding you back from getting the information you need. That's where SoftLedger comes in.
In order to build a new, innovative version of an application that already exists, it’s critical to first have an understanding of the current options. This seems fairly obvious, but it’s often not what happens. Computer engineers build applications, but these applications are used to solve non-computer engineering problems. Frequently the specialized knowledge component is glossed over, to quickly get a minimum viable product out the door and start iterating on customer feedback. Much is lost there.
There’s a lot of old software powering the world of business. In fact, most software currently being used by large business is old, by any current standard. But it’s so intertwined their operations that it’s very difficult to make the switch to something new. Convincing a Fortune 500 company to transition a mission critical application is often a multi-year, detailed process, requiring a considerable amount of strategy specific to the industry and their business in particular. Even the most brilliant team of ivy league computer scientists can’t pull this off without bringing others with specialized knowledge into the fold, early on.
So if you’re considering a new software product, check out the founding team. Review their backgrounds and consider why they’re building this product. Seek out providers that have specialized knowledge related to problem they’re solving.
At SoftLedger, we have about 25 years of corporate accounting and financial reporting experience, two CPAs, and an MBA. Our advisors have extensive experience as well, enabling us to confer with the foremost experts from the Big 4 accounting firms and accounting standards setters. This is what it takes to develop a reliable accounting and reporting application.
Further, when exploring new areas like reporting for blockchain networks and crypto accounting, it’s important to have extensive expertise. These are new, risky, uncertain areas that take careful consideration. Even just the tax implications when accounting for crypto incorrectly could result in a significant financial impact.
In summary, don’t take a risk on an inexperienced team. Ensure your software provider has intimate knowledge of the subject matter, from real work experience at legitimate companies.
As with anything, it often comes down to a story. What is their story? Why are they doing this? If they don’t have a good answer for that question… run for the hills.