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Anti Capital Tackles Complex Crypto Management with SoftLedger's API

Before adopting SoftLedger, Anti Capital faced the arduous task of juggling multiple software solutions for its complex crypto management tasks - while trying to avoid the inefficiencies of spreadsheets. The introduction of SoftLedger's automated API function was a game-changer. This newfound efficiency has accelerated their reconciliation process and opened doors for expansion into uncharted territories.

About Anti Capital

As one can probably discern from its name, Anti Capital is not your average financial services company. Anti Capital manages digital assets, provides liquidity, and handles proprietary trading with a strong emphasis on community and creativity. Though it has only been around since early 2022, the company has already generated a very robust profit and loss history.

Anti Capital has also managed to support multiple blockchain networks. Altogether, Anti Capital’s daily trading volume exceeds $100 million. With its 40+ CEX and DEX Integrations, the company can provide a 50% average return across both centralized and decentralized platforms.

The Problem

Anti Capital’s runaway success was great news for management - but it also introduced a series of new challenges. The most notable was the added accounting complexity that accompanied the company’s rapid growth and expansion.

Recognizing the potential pitfalls of mishandling crypto-related finances, the company's owners wisely chose to steer clear of conventional accounting approaches like QuickBooks. Instead, they sought a more adaptable and scalable solution.

They also had ambitious future fundraising efforts in mind, aiming to provide investors with a transparent view of their financials. To achieve this, they needed a comprehensive system that could deliver accurate and easily accessible financial information.

Lastly, they had another specific objective in mind – measuring the performance of their internal training team in infrastructure inventory management. They wanted the ability to enforce cryptographic policies across their IT infrastructure, promptly address security concerns, and execute strategic transformations with utmost efficiency.

After discovering SoftLedger, the Anti Capital team quickly realized they had found the ideal solution to their multifaceted needs.

The SoftLedger Solution

SoftLedger helped Anti Capital generate income statements, balance sheets, and other critical financial reports quickly.

As a financial services company, needing to make many key decisions per day, this improved visibility into their financial data has been incredibly impactful. The SoftLedger team also incorporated multi-entity permission levels into the design to ensure proper security.

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An advanced accounting system - like SoftLedger - that handles crypto is a must-have in providing a fully transparent picture of any digital asset-related company.

The adoption of SoftLedger has empowered Anti Capital to overcome their crypto management obstacles and embrace a future of enhanced productivity and expansion. The platform's user-friendliness also eased the seamless integration into the workflow of the entire Anti Capital team, solidifying its benefits. To witness the transformative power of SoftLedger firsthand, book a demo today and discover how it can revolutionize YOUR financial operations.

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Matrix Exchange Builds a Custom Crypto Accounting Solution With Softledger
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They turned to SoftLedger, adopting their custom crypto accounting solution to manage all their cost bookings, client transactions, and crypto assets.

How AAG Streamlined Their Multi-Currency Accounting System
With offices and investment strategists across the globe, the Anglo Andino Group grappled with the lack of a unified, multi-currency accounting system.

SoftLedger's versatility and cloud-based platform empowered AAG to solve this problem and enabled them to streamline their operations. Here's how they did it.

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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