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.
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