SoftLedger 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

SoftLedger

4.7

(15)

Pricing

Pricing available upon request

About SoftLedger

SoftLedger is a cloud-based accounting solution for small to midsize businesses. Key features include accounts payable and receivable, general ledger, financial reporting, consolidation reporting and inventory management.

SoftLedger is able to automate billing and collections by syncing accounting and operations. Users can track vendor billing and gain insight into how expenses match up to budgets. The solution also supports usage-based billing and offers general ledger functionality. Financial reporting is driven directly from the financial system of record to provide real-time data.

SoftLedger is able to directly connect with banks and provide detailed information on cash flow. As transactions are recorded for various business segments, the related journal entries instantly roll into financial statements. The system can automate sub ledgers, accept payments from customers and pay vendors in the best available method, book foreign currency exchange gains and losses and report on every entity in real time.

SoftLedger Screenshots

SoftLedger Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Standard and Enterprise Plans

Pricing available upon request

Plan includes:

Custom Branding
Custom Integrations
Custom User Permissions
Integrated Payments
Multi-Tenant SSO
Private Cloud
Service Level Agreement

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SoftLedger Features

Popular features found in Accounting
Billing & Invoicing
Budgeting/Forecasting
Expense Tracking
Fund Accounting
Income & Balance Sheet
Multi-Currency
Payroll Management
Project Accounting
Purchase Order Management
Tax Management
More features of SoftLedger
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
AI/Machine Learning
API
Approval Process Control
Audit Management
Audit Trail
Bank Reconciliation
Budget Tracking
Business Process Automation
Cash Flow Management
Cash Management
Chart of Accounts
Compliance Management
Currency Conversion
Dashboard
Data Import/Export
Data Security
Document Management
Document Storage
Financial Analysis
Financial Consolidation & Close Management
Financial Data Protection
Financial Management
Financial Reporting
General Ledger
Inventory Control
Inventory Management
Invoice Management
Journal Entry Processing
Multi-Location
Notes Management
Quotes/Estimates
Sales Tax Management
Third-Party Integrations
Transaction Management
Workflow Management

SoftLedger Integrations

Stripe

Plaid

Expensify

Approveit

Cratoflow

SoftLedger User Reviews

Overall Rating

4.7

Ratings Breakdown

73%

27%

Secondary Ratings

Ease of Use

4.7

Value for money

4.7

Customer support

4.8

Functionality

4.5

Ronaldo B.

Verified reviewer

Used daily for less than 12 months

Review source

Reviewed July 2018

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

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

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.

Cons:

It is not a multi-currency system. Rarely it is slow! But it happens. I cannot assure if it is SoftLedger or my internet access.

Vendor Response

Thanks Ronaldo! We greatly appreciate the feedback. Ben

Replied July 2019

Matthew T.

Verified reviewer

Oil & Energy

10000+ employees

Used daily for less than 2 years

Review source

Reviewed March 2021

Easy to use, no frills software for managing procurement, accounting, and inventory management.

Very satisfied. We spend significantly less time operating in Soft Ledger than our previous systems because they're so much easier to use. Especially with Procurement and Inventory Mgt, this frees up time for our team to focus actually on contracting, cash flow, logistics, inventory mgt, etc., instead of spending hours in our system just to create PO's or inventory.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

How easy it is to use. It took us less than 5% the time understand and implement Soft Ledger than it took us to implement and train for SAP and Microsoft AX. We also love how it is customizable and doesn't have the barriers that other softwares had. With SAP/Microsoft AX, we had to adjust our procurement policies and procedures just to fit in with their systems. With Soft Ledger we were able to very easily customize it so that we could maximize efficiency.

Cons:

Nothing. Is is very easy to use and can be as simple or as heavy of a tool as the user would like it to be.

Reasons for choosing SoftLedger

The Soft Ledger team knew we were looking at more expensive products. They convinced us that we should give them a try first since it would be low cost and easy to implement, while the other softwares would have taken months to implement and train with and would have had large investment cots. Within the first few weeks of using Soft Ledger, it was clear that we did not need to consider any other software for procurement, accounting, and inventory management.

Reasons for switching to SoftLedger

Our division became an independent subsidiary of our much larger parent company and we decided we needed a system that worked for us instead of a system that has to work in the confines of our parent company. Prior to becoming a subsidiary and switching to Soft Ledger, we were forced to use a system that was slow, very difficult to customize, couldn't be used on Macs (which created problems for some of our teams), and was clearly not meant for our industry (batteries / energy storage). We wanted something that we could customize for ourselves, would be easy to use, wouldn't require exhaustive training, could be used on Macs, and didn't have the enormous investment costs you have with other systems just to get them set up to try out.

Verified

Reviewer

Accounting

2-10 employees

Used weekly for less than 6 months

Review source

Reviewed June 2022

Good features and works smoothly, but not worth the cost

Meh... Using Xero or Quickbooks is a much better investment with their add ons and capability. When I chatted with a sales rep they made a big deal about how they were different than QBO or Xero, but it wasn't that big of a deal.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The cryptocurrency cost basis tracking is great.

Cons:

They don't have many apps that will sync with this. Their pricing doesn't make sense... 5 organization and only 3 users?? It's like the hotdog-bun scenario. The cost for extra users is ridiculous and you HAVE to purchase 5 organization.

Reasons for choosing SoftLedger

I thought the sales people had more up their sleeve... nope... it was just a GL software and has Crypto capabilities.

Steven B.

Verified reviewer

Information Technology and Services

2-10 employees

Used daily for less than 12 months

Review source

Reviewed March 2021

Great accounting package for a small, global business.

Really positive experience. It took me about 6 weeks to have the platform up and running from our old accounting system just in time for our first half year report.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The ability to easily convert fx transaction and consolidate across various entities. Also journal entry upload with excel was super easy.

Cons:

The AP and AR reports are really bare. More flexibility in report building would be much better.

Reasons for choosing SoftLedger

Simple and intuitive. The sales and pre-sales engagement was also really good.

Reasons for switching to SoftLedger

Price

Christopher R.

Verified reviewer

Consumer Goods

11-50 employees

Used daily for less than 2 years

Review source

Reviewed March 2021

Great Product- Better Service

Overall experience with SoftLedger has been fantastic. It has so many capabilities and when you need to address an issue with the team or something adjusted they are always in touch almost immediately.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The product is fantastic, however, the best part is how communicative the team is. When I have a question, issue, or suggestion they are in contact almost immediately.

Cons:

This might be a feature that I don't know but ability to clone products or different docs.

Anthony F.

Verified reviewer

Financial Services

2-10 employees

Used daily for less than 2 years

Review source

Reviewed March 2021

Very User Friendly Accounting Software with amazing Customer Support team

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

The Softledger accounting system is extremely user-friendly. For users switching from one accounting system to Softledger, the bulk upload function allows for large batches of entries to be posted. In addition, there were several times where our team ran into user issues while learning the system. The customer support team is always available and very helpful for a variety of issues. The team is even available for calls to discuss broader issues and assist with planning the scope and use of the accounting system.

Cons:

The one feature that proved cumbersome is the opening and closing of accounting periods. If you need to go back to prior periods for adjusting entries, you have to manually open each module (6 in each month) for each month and then manually reclose each as well. There is no capability to open a full year at once. Also, you can only post journal entries at most 100 at a time. For bulk uploads with thousands of entries, this makes it very time consuming to manually click each group of entries to post.

David F.

Verified reviewer

Accounting

2-10 employees

Used daily for less than 12 months

Review source

Reviewed July 2019

Cryptocurrency ERP Solution

Costing and translating Cryptocurrency activity and trades

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Automated Cryptocurrency Costing from major exchanges.

Cons:

The cyrptocurrency costing module is limited to one currency

Vendor Response

Thanks for your feedback! We're always looking to add more features. While we do handle all cryptocurrencies, we'll consider whether or not we can add multiple fiat costing and reporting currencies per account as well. Ben

Replied July 2019

Bob A.

Verified reviewer

Oil & Energy

51-200 employees

Used daily for less than 12 months

Review source

Reviewed March 2021

Cloud Solution

Once down the learning curve, the benefits from the use of this product became very evident to all personnel involved.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

We needed an accounting package that existed on the cloud and was accessible by various company personnel across the state with read only access. Conversion was relatively easy and the support staff of SoftLedger were there to help.

Cons:

There was a learning curve factor in our use of the product because it was different than the old system we migrated from.

Verified

Reviewer

Financial Services

11-50 employees

Used daily for less than 6 months

Review source

Reviewed March 2021

Softledger - One of the most flexible ledgers I have used

The team at Softldger are really engaging and very supportive. Any queries/questions are turned around so quickly and the easy access to them is very appreciated

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

It is easy to navigate and use and is one of the most flexible general ledgers I have ever used. I love the report functionality which allows me to customise reports.

Cons:

There are currently some features not available that would be super useful, such as allocation of costs across cost centers and automated depreciation calculations/postings

Reasons for switching to SoftLedger

Quikbooks was not fit for our business model

Lindsay L.

Verified reviewer

Financial Services

2-10 employees

Used weekly for less than 2 years

Review source

Reviewed March 2021

Great software for the cost

The customer service is also the best, anytime I have a quesitons Travis and the team answer me right away.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

SoftLedger allows us to consolidate our many different businesses to see our global picture. It is a great software for a family office. It is also simple to use and a great price!

Cons:

Takes a few weeks to get used to the new system but it is very easy to navigate.

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