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SoftLedger

Name: SoftLedger
Rating: 4.5 (2 reviews)

By SoftLedger

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Highlights : About SoftLedger

Accounting management

Financial management

Transaction monitoring

About SoftLedger

SoftLedger is your general ledger and a full suite of accounting modules are built in, ready to scale with your business. Plus, the entire platform is programmable via our API. The cloud-based application uses a modular approach that enables users to upgrade the system according to their business requirements. It also helps in managing vendors' pay-cycles, general ledger, fixed assets, journal entries, accounts payable, accounts receivable, and reporting. SoftLedger’s accounts payable module tracks vendor bills and allows business to ensure that all payments are made in a timely manner. Users can also get insights about expenses by department, which further helps in making realistic financial projections for the remaining time period. An Accounts Receivable module lets accounting professionals send customer invoices after deal closure and automatically creates a collection follow-up schedule for each client. A General Ledger module of SoftLedger records all financial information in one place and helps accounting teams to close the books in time for review by management. It also enables accountants to enter all transactions that have a financial implication and pulls reports through a single interface. The application’s cash management feature helps users to control organization-wide cash flows by automating the processes of bank feeds as well as cash reconciliations. SoftLedger offers financial reporting capabilities that allow users to pull reports by using multiple dimensions including locations, products, cost centers, business units, and others. The solution also ensures that all the user actions are documented and the businesses are always SOX compliant. SoftLedger provides APIs that help organizations to integrate the tool with other third-party applications.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Accounts payable

Accounts receivable

Fund accounting

Accounting management

Collections management

Compliance management

Financial management

Third party integration

Transaction monitoring

Workflow management

Income statements

Account reconciliation

Automated billing

Cash flow statement

Compliance documentation

Benefits

SoftLedger helps businesses streamline accounting processes into controlled workflows that reduce manual efforts needed for budgeting and provides employees more time to analyze performance results.

The solution enables management teams to make strategic decisions by providing consistent, actionable, and consolidated financial information.

SoftLedger helps businesses run international as well as domestic operations by providing multi-currency support and consolidated accounting reports that provide information on gains and losses of all entities in real-time.

The solution’s workflow approvals feature allows executives to control expenses and view detailed information about each vendor bill.

SoftLedger connects directly with multiple banks across the globe and provides cash flow details in real time.

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