SoftLedger is a robust accounting platform for small and mid-sized businesses seeking a holistic solution. It efficiently manages different entities, currencies, and digital assets with its latest features. While some users suggest more flexibility in creating reports, SoftLedger is fully customizable and complies with multiple entities and currencies.

SoftLedger Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

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What Is SoftLedger?

Overview

SoftLedger software is a powerful, cloud-based accounting tool for small and medium-sized businesses. It is an easy-to-use option for chief financial officers (CFOs) and controllers. With SoftLedger, businesses can combine different aspects of their financial operations. It supports multiple currencies, handles digital assets, and simplifies overall business management. Users especially laud SoftLedger for its adaptability and user-friendly features, which facilitate real-time accounting reporting, payables, and cash flow.

SoftLedger Pricing

SoftLedger pricing structure is fully customizable to align with specific business needs. It offers four noteworthy pricing plans, including:

  • Standard: Starts at $750/month
  • Enterprise: Starts at $975/month
  • Enterprise with Digital Assets: Starts at $1,375/month
  • Your SoftLedger: Custom quote
Users can request a detailed SoftLedger price analysis aligning with their business requirements.

Disclaimer: The pricing is subject to change.

SoftLedger Integrations

SoftLedger integrates with various third-party applications, including:

  • Expensify
  • Cratoflow
  • ApproveIt
  • QuickBooks Online
Users can schedule a SoftLedger demo to learn more about its integrations.

 Who Is SoftLedger For?

SoftLedger benefits a wide array of industries, including:

  • Manufacturing
  • Healthcare
  • Venture capital
  • Crypto
  • Retail
  • CPA firms & accountants
  • Franchises
  • Nonprofits

Is SoftLedger Right For You?

If you're looking for accounting software for your global financial operations and teams, SoftLedger is the right choice. The software simplifies the process of using a multidimensional chart of accounts to oversee multiple entities and locations. With SoftLedger, businesses can track their growth in real time, keeping a record of profits, losses, and asset balances without the hassle of manual tasks. Its user-friendly interface ensures easy access to required data quickly.

Are you still unsure about SoftLedger? Contact us at (661) 384-7070 and get expert assistance from our team regarding any further queries.

SoftLedger Features

Utilizing this feature streamlines workload by setting up multiple approval stages and simplifies payment authorization. Its quick invoice imports optimize workflows. Also, it enables integrated payments through SoftLedger Pay to enhance the overall payable functionalities.

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SoftLedger records every transaction affecting a business. This feature provides detailed insights through entries on its general ledger, which offers flexibility and quick implementation for improved business visibility.

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Generally, tax compliance and reporting require meticulous tracking of ups and downs for crypto trading. However, SoftLedger simplifies this process by enabling seamless transactions imported from different crypto exchange and blockchain channels. Users can get insightful details with its automated calculations of unrealized and realized gains and losses.

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The feature eliminates the manual effort of transferring data between systems. With SoftLedger software, connecting data at the transactional level provides instant access to essential details crucial for financial analysis and decision-making.

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SoftLedger offers user-friendly tools for streamlined financial consolidation. Its embedded tools help cover the whole transaction span: intercompany journal entries, automated eliminations, and multi-entity reporting. The feature centralizes all multi-channel, multi-entity financial aspects in one place.

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Pros and Cons of SoftLedger

Pros

  • Easy to merge financial accounts
  • Completely customizable
  • Effective cost-basis tracking for cryptocurrencies
  • The sales and pre-sales interaction is highly effective

Cons

  • Increased flexibility in constructing reports might be helpful, according to some users
  • Managing the opening and closing of accounting periods is laborious

SoftLedger Reviews

Overall Rating

4.7

15 Review(s)

Rating Distribution

5

star

(11)

4

star

(4)

3

star

2

star

1

star

June 2022

Good features and works smoothly, but not worth the cost

Anonymous

Accounting

Ease of use

8

Value for money

3

Customer Support

7

Functionality

7

Pros

The way SoftLedger tracks cryptocurrency cost basis is excellent.

Cons

They do not have many apps that sync with this software. The pricing structure does not make much sense to me like 5 organizations but only 3 users? It feels like the hotdog-bun situation. Plus the cost for adding extra users is way too high and you are forced to purchase for 5 organizations.

March 2021

Great software for the cost

Lindsay

Financial Services

Ease of use

9

Value for money

10

Customer Support

10

Functionality

10

Pros

This helps us consolidate our multiple businesses which gives us a clear view of our global operations. SoftLedger is an excellent tool for a family office, easy to use and very affordable!

Cons

It takes a few weeks to get used to the system but once you do, it is really easy to navigate.

March 2021

Cloud Solution

Bob

Oil & Energy

Ease of use

8

Value for money

10

Customer Support

8

Functionality

10

Pros

We needed a cloud based accounting package that could be accessed by various personnel across the state with read-only access. The conversion process was fairly simple and SoftLedgers support team was there to assist throughout.

Cons

We did experience a bit of a learning curve when using the product, mostly because its different from the system we migrated from.

Frequently Asked Questions

Yes, SoftLedger provides API access.