Financial journal
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 10About 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.
5 Reviews of SoftLedger
Average User Ratings
Overall
5.00 / 5 stars
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
Likelihood to Recommend
Not likely
Very likely
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Showing 1-5 of 5 reviews
July 2018
Ronaldo from NVR Auditores e Consultores
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
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.
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.
October 2018
Veronica from Income Over Expense
Company Size: 2-10 employees
Review Source
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
October 2018
SoftLedger - The Future Is Here!
Pros
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!
Cons
It can be a bit overwhelming at first to work with such a powerhouse. But this feeling quickly fades with familiarity of the platform growing quickly on you! Extremely happy with the overall performance of SoftLedger!
May 2017
Gaurav from Involvesoft
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
May 2017
Great accounting software!
Our processes are much less manual and our investors are happy. Definitely recommend!
Pros
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.
Cons
There was a two week transition period to get up and running, but I think it'd be at least that long with any of our options.
June 2017
Khaled from Medely
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
June 2017
Robust accounting software for a great price!
Pros
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.
Cons
Previously the automated bank feed didn't support our local bank, but that was resolved quickly after we put in the request.
April 2017
Matt from Mattersight
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
April 2017
Well-designed product, allows for efficient transition between historical and prospective analysis.
Pros
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.
Cons
At this point I do not have any negative feedback for this product. Great design and ease of use has led to acceptance from the entire team.