SoftLedger Pricing, Features, Reviews & Comparison of Alternatives

SoftLedger

Cloud-based accounting solution for SMBs

5.0/5 (5 reviews)

SoftLedger overview

SoftLedger is a financial management solution that helps organizations to automate accounting processes, make strategic decisions, and manage global financials by handling multiple locations as well as business units. The cloud-based application uses a modular approach that enables users to upgrade the system according to their business requirements. It also helps in managing vendors' pay-cycles, general ledger, fixed assets, journal entries, accounts payable, accounts receivable, and reporting.

SoftLedger’s accounts payable module tracks vendor bills and allows business to ensure that all payments are made in a timely manner. Users can also get insights about expenses by department, which further helps in making realistic financial projections for the remaining time period. An Accounts Receivable module lets accounting professionals send customer invoices after deal closure and automatically creates a collection follow-up schedule for each client.

A General Ledger module of SoftLedger records all financial information in one place and helps accounting teams to close the books in time for review by management. It also enables accountants to enter all transactions that have a financial implication and pulls reports through a single interface. The application’s cash management feature helps users to control organization-wide cash flows by automating the processes of bank feeds as well as cash reconciliations.

SoftLedger offers financial reporting capabilities that allow users to pull reports by using multiple dimensions including locations, products, cost centers, business units, and others. The solution also ensures that all the user actions are documented and the businesses are always SOX compliant. SoftLedger provides APIs that help organizations to integrate the tool with other third-party applications.
www.softledger.com

Pricing

Starting from
$399/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
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SoftLedger reviews

Excellent
5

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  5.0
  5.0
Ronaldo Bezerra

Fast, easy to operate and to manager! It is absolutely affordable and reliable!

Used daily for 6-12 months
Reviewed 2018-07-09
Review Source: Capterra

SoftLedger letted us make our Financial Consolidations of our multiples Financial Statements. There we can review our numbers updated in any place of the world. SoftLedger has interface with our Bank Accounts and help us to do the accounting releases easily.SoftLedger is the best system that we found in the market. It allowed us to work with many accounting models of many corporations in a variety of countries. It is easy to generate reports and consolidate the financial accountings perfectly. It is simple to access and to operate. It is flexible and absolutely free to create a tailor made accounting.

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Veronica Murillo

SoftLedger - The Future Is Here!

Used weekly for less than 6 months
Reviewed 2018-10-27
Review Source: Software Advice

SoftLedger is an amazing financial management platform. It's been a long time coming that the financial industry has been needing such an amazing product built for our current times. From real estate to cryptocurrencies, processes for accounting and managing assets are covered by SoftLedger!

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Gaurav Bhattacharya

Great accounting software!

Used weekly for less than 6 months
Reviewed 2017-05-03
Review Source: Capterra

Our processes are much less manual and our investors are happy. Definitely recommend!SoftLedger has allowed us to move off of Quickbooks/Excel and streamline our accounting process. We now spend significantly less time closing the books each month and have better reports to provide investors.

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Khaled Nasr

Robust accounting software for a great price!

Used weekly for less than 6 months
Reviewed 2017-06-07
Review Source: Capterra

Quickbooks was working ok for us for awhile and when we started looking into better financial reporting solutions, it initially seemed like we didn't have other options. SoftLedger is exactly what we needed. We're very pleased with our decision to upgrade.

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Matt Anderson

Well-designed product, allows for efficient transition between historical and prospective analysis.

Used other for less than 6 months
Reviewed 2017-04-28
Review Source: Capterra

My focus is primarily on our company's forecasting process. SoftLedger's robust functionality has significantly improved our ability to provide variance analysis and key metrics to senior leadership on a timely basis.

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SoftLedger pricing

Starting from
$399/month
Pricing options
Subscription
View Pricing Plans

First month is risk free

SoftLedger features

API
Accounting Management
Compliance Management
Multi-Currency
Third Party Integration
Workflow Management

Accounting Integration (129 other apps)
Activity Dashboard (130 other apps)
Automatic Notifications (114 other apps)
Billing & Invoicing (131 other apps)
Customizable Reporting (101 other apps)
Data Import/Export (110 other apps)
Electronic Payments (117 other apps)
Expense Tracking (123 other apps)
Financial Analysis (89 other apps)
Invoice Management (178 other apps)
Invoice Processing (105 other apps)
Real Time Data (112 other apps)
Receiving (95 other apps)
Reporting & Statistics (146 other apps)

Additional information for SoftLedger

Key features of SoftLedger

  • Accounts payable
  • Accounts receivable
  • Fund accounting
  • CPA Firms
  • Accounting management
  • Collections management
  • Compliance management
  • Financial management
  • Multi-currency
  • Real time reporting
  • Third party integration
  • Transaction monitoring
  • Vendor management
  • Workflow management
  • Income statements
  • Account reconciliation
  • Sarbanes-Oxley compliance
  • Automated billing
  • Cash flow statement
  • Compliance documentation
View All Features

Benefits

• SoftLedger helps businesses streamline accounting processes into controlled workflows that reduce manual efforts needed for budgeting and provides employees more time to analyze performance results.

• The solution enables management teams to make strategic decisions by providing consistent, actionable, and consolidated financial information.

• SoftLedger helps businesses run international as well as domestic operations by providing multi-currency support and consolidated accounting reports that provide information on gains and losses of all entities in real-time.

• The solution’s workflow approvals feature allows executives to control expenses and view detailed information about each vendor bill.

• SoftLedger connects directly with multiple banks across the globe and provides cash flow details in real time.