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.
Anglo Andino Group (AAG), a specialized investment management firm based in New York City, is dedicated to private equity, investment administration, and delivering structured financial solutions to investors worldwide.
As an ultra-modern, fast-moving company, AAG prioritizes meeting the evolving needs of its investors, necessitating access to cutting-edge software platforms, APIs, and resource-maximizing services.
AAG encountered several challenges that demanded a comprehensive accounting solution. With multiple offices and independent strategists operating across different countries, the firm grappled with managing multiple currencies and a lack of multi-entity consolidation, hindering their business growth.
The proliferation of disparate software systems and applications burdened their operations and bogged down their expansion efforts. Manual management of tasks by AAG affiliates proved inefficient and lacked scalability, undermining the professionalism of their work.
Additionally, the team faced difficulties in attaching and retrieving PDF documents, causing unnecessary search efforts.
Within a few short months after adopting the SoftLedger platform, AAG witnessed a transformative shift, enabling them to fully streamline their operations. By consolidating all systems, software, and applications, AAG achieved a unified solution.
SoftLedger's remarkable versatility and cloud-based functionality empowered AAG to access multi-currency accounting from any location worldwide. The integration of bank accounts through SoftLedger's Plaid integration proved invaluable to the AAG team. Each transaction was recorded, including the foreign exchange rate, enabling effortless revaluation at the end of each month.
SoftLedger resolved the PDF challenge by automatically attaching relevant documents on a per-transaction basis, eliminating the need for manual retrieval.
Both AAG and SoftLedger anticipate a fruitful, long-term partnership, built on trust and mutual benefit.
To experience SoftLedger's exceptional flexibility and service for yourself, book a demo with us today.
