SoftLedger
About SoftLedger
SoftLedger Pricing
Starting at $979/mo (annual plan)
Free trial:
Available
Free version:
Not Available
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Most Helpful Reviews for SoftLedger
1 - 5 of 15 Reviews
Ronaldo
Verified reviewer
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
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.
PROSSoftLedger 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.
CONSIt 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
Oil & Energy, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
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.
PROSHow 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.
CONSNothing. 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.
Reason 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.
Anonymous
2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
1
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
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.
PROSThe cryptocurrency cost basis tracking is great.
CONSThey 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.
Reason 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
Information Technology and Services, 2-10 employees
Used daily for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
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.
PROSThe ability to easily convert fx transaction and consolidate across various entities. Also journal entry upload with excel was super easy.
CONSThe AP and AR reports are really bare. More flexibility in report building would be much better.
Reason for choosing SoftLedger
Simple and intuitive. The sales and pre-sales engagement was also really good.
Reasons for switching to SoftLedger
Price
Anthony
Financial Services, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed March 2021
Very User Friendly Accounting Software with amazing Customer Support team
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.
CONSThe 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.