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 ...


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Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 10

7 Reviews of SoftLedger

Average User Ratings

Overall

4.86 / 5 stars

Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.5

Ratings Snapshot

5 stars

(6)

6

4 stars

(1)

1

3 stars

(0)

0

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

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Showing 1 - 7 of 7 results

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July 2018

Ronaldo from NVR Auditores e Consultores

Time Used: Less than 12 months

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.

Response from SoftLedger

Replied July 2019

Thanks Ronaldo! We greatly appreciate the feedback. Ben

August 2019

Anthony from Banking

Company Size: 1 employee

Industry: Financial Services

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Functionality

4.0

August 2019

Review for Crypto trading entries

Pros

The ease of use and the way that pricing information is ported into the system, it allows me to easily enter my trades as they occur.

Cons

It would be better if you could run reports for tax purposes. I remember doing my taxes from last year, I could not just run a gain/loss report. I had to to calculated the gain and loss and the overall cost basis myself. It would be better if this was automated. Also in trading, your fees are not a write-off, but instead they are added to your cost basis. This would be a helpful feature to add for traders, because I just eat those costs now because it is too time consuming to add the fees to my basis manually

July 2019

David from Bitwage

Company Size: 2-10 employees

Industry: Accounting

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

July 2019

Cryptocurrency ERP Solution

Costing and translating Cryptocurrency activity and trades

Pros

Automated Cryptocurrency Costing from major exchanges.

Cons

The cyrptocurrency costing module is limited to one currency

Response from SoftLedger

Replied July 2019

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

October 2018

Veronica from Income Over Expense

Company Size: 2-10 employees

Industry: Management Consulting

Time Used: Less than 6 months

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!

Response from SoftLedger

Replied July 2019

Thanks Veronica!

May 2017

Gaurav from Involvesoft

Time Used: Less than 6 months

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

Time Used: Less than 6 months

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

Time Used: Less than 6 months

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.