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EasyGo Revolutionizes Online Gaming with SoftLedger’s Accounting Solution

EasyGo, a leader in the online gaming sector supporting brands like Stake.com and Primedice, faced challenges in handling financial operations across various entities and currencies due to rapid growth. Implementing SoftLedger allowed them to streamline their financial processes, integrate crypto accounting seamlessly, and enhance real-time reporting capabilities, driving cost reduction, improved accuracy, and ongoing growth and innovation.

About EasyGo

EasyGo is a significant player in the online gaming and entertainment industry, employing up to 500 individuals and generating impressive revenue. The company supports their clients to accept both fiat and digital assets. Partnered with entities such as the UFC and Formula 1, EasyGo has established itself as a major player in the industry. Their products, built on technologies like GraphQL and Kubernetes, support high traffic volumes and ensure scalability.

The Problem

As the company expanded, EasyGo encountered difficulties in managing complex financial operations across its brands and global markets, especially in terms of digital asset accounting. The existing systems led to fragmented data and manual processes, resulting in inefficiencies and increased risks of financial inaccuracies. This hindered their scalability and operational effectiveness.

The SoftLedger Solution

SoftLedger's unique approach, particularly its capabilities for digital asset accounting, was pivotal in their decision to switch. Notably, compared to competitors like Oracle NetSuite and Sage Intacct, SoftLedger’s cost-effectiveness and swift launching process easily helped in drawing the conclusion.

SoftLedger's REST API ensured smooth integration with existing CRM and payroll systems, while custom tools available in the SoftLedger marketplace significantly enhanced their scalability. Implementing SoftLedger has revolutionized EasyGo's operations, setting the stage for further growth and more advanced integrations to manage complex financial and crypto transactions efficiently.

"

We went with SoftLedger because they offer a unique solution in the market to solve this kind [digital assets] of pivotal accounting issue. We actually tried at least seven or eight different softwares before we made the decision to go with SoftLedger.

Bo Li, CFO of EasyGo
At its core, EasyGo is a people-first company with a mission to create a fun, inclusive environment for employees. By fostering a fulfilling workplace, EasyGo empowers its team to make immediate impacts and contribute to the company’s future. By implementing SoftLedger, EasyGo created space to further that mission – streamlining financial management across multiple entities and currencies, gaining real-time reporting, and precise insights for informed decision-making. A team of ~30 EasyGo’ers now accounts for nearly 30 worldwide entities, complex crypto transactional workflows, and even manages their merchandise through SoftLedger’s full suite accounting platform. Overall, SoftLedger equipped EasyGo with a robust accounting framework, setting the stage for continued success.

More Case Studies

SoftLedger & ApproveIt Automate G-20 Group's Multi-Entity Financial Reporting
G-20 Group, a Swiss-based asset management and advisory firm, partnered with SoftLedger to enhance its financial operations. By integrating ApproveIt's, workflow automation with SoftLedger's financial management platform, G-20 streamlined approval processes, reduced manual errors, and improved multi-entity financial reporting. This collaboration led to significant efficiency gains and seamless workflow automation for the firm, saving a quarter of staff time on approval workflows and cutting financial reporting delays by nearly half.
Trillion Digital Assets Case Study
Trillion Digital Assets (TDA), a boutique over-the-counter agency desk dedicated to providing spot liquidity in the digital asset markets, faced challenges in finding a suitable vendor to scale their accounting capabilities for handling complex fiat and digital asset workflows. Discover how SoftLedger provided a transformative solution, offering seamless integration, scalability, and automation to streamline TDA's accounting practices and ensure audit readiness, setting the stage for continued growth and success.
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.

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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