Ledgy makes equity management completely effortless. My favorite aspects include:

- Centralized equity hub: Brings all cap table data, documentation, and history together in one secure platform.

- Employee empowerment: Dedicated dashboards give employees full visibility into their equity and vesting schedules.

- Seamless automation: Automated signature workflows eliminate manual follow-ups and speed up the grant issuance process. Review collected by and hosted on G2.com.

Not much to complain about here! It’s mostly just feature requests as we scale. In the past, making bulk updates to parameters across several transactions at once felt a bit manual. Expanded bulk-editing capabilities would be a great quality-of-life enhancement. Review collected by and hosted on G2.com.

What I like best about Ledgy is having everything in one place. We have a PE-style share structure with multiple share classes, so having a single source of truth for the equity data is really useful. It also gives shareholders a great experience, as they can easily access their documents, transaction history and share information in one place. Review collected by and hosted on G2.com.

There isn’t anything significant that I dislike. As with any equity platform, there are some areas where you need to spend a little time understanding how certain features work, particularly with a more complex share structure, but overall the platform has been very intuitive. Review collected by and hosted on G2.com.

Managing equity for a fast-scaling global workforce comes with unique operational challenges—from tracking complex grant structures to maintaining compliance with international reporting standards like IFRS 2. Backbase turned to Ledgy for a unified platform capable of handling these intricacies while making equity management intuitive for administrators and transparent for employees.

Built to scale: future-proofing for long-term growth

As Backbase continues to expand its footprint across global banking markets, choosing a platform capable of scaling alongside the business was critical. Ledgy’s public company readiness, equipped with granular financial reporting, automated workflow tracking, and real-time ownership management, ensures Backbase maintains full compliance and agility at every phase of its growth journey.

Granular visibility, full control

A key driver for Backbase’s team was Ledgy’s robust transaction audit logging, which provides detailed, time-stamped records of every equity event. From finance to admin, the team can effortlessly prepare responses for audits at any level of detail—ensuring every transaction remains clear, transparent, and easy to track across the organization.

“Having this degree of visibility and governance is essential,” shared by the HR team. “From finance to administration, we can quickly pull data and prepare for audits at any level of detail. Knowing that every single event is clear, transparent, and easy to track gives us complete confidence as we continue scaling globally.”

Equity management that scales with ambition

For Backbase, adopting Ledgy is about aligning equity operations with strategic growth. Whether managing expanding employee share plans, navigating multinational compliance, or supporting long-term liquidity events, Ledgy’s platform provides the foundation needed to turn equity into a key driver of talent engagement. Review collected by and hosted on G2.com.

While Ledgy is generally well regarded for equity and cap table management, users often highlight a few recurring drawbacks. Reporting and export can feel restrictive, since custom reporting isn’t always very flexible and there are limited ways to export tailored views or filtered data directly to PDF. There are also some complex edge cases: standard equity plans tend to run smoothly, but modeling highly customized funding rounds or non-standard exit scenarios may require manual workarounds. Finally, there’s no direct phone support, as live customer service is mainly handled through chat and email rather than an immediate 24/7 phone line. Review collected by and hosted on G2.com.

Having managed multiple portals like Carta and Shareworks in the past, what I like best about Ledgy is its flexibility, the ability to customize it to meet client requirements, and the customer support, both from the AI agent and the customer success manager. Review collected by and hosted on G2.com.

Nothing much overall. However, we have had challenges integrating with our Oracle HRIS, although that is also due to how our data is set up. They only integrate via APIs, and there is no way to manipulate or clean up the data before syncing with Ledgy. Review collected by and hosted on G2.com.

It’s easy to use for both end users and back-end users. For admin users, it’s straightforward to manage through the UI, and it also offers the right batch upload features while integrating well with our HR tool. The platform has continued to develop over the past two years we’ve been using it. The customer success team has been excellent, supporting us on everything from minor administrative matters (for example, login issues) through to help with more complex areas (for example, complex IFRS accounting) Review collected by and hosted on G2.com.

Although the platform has continued to improve, it did lack certain features when we first started using it. Even now, the functionality is still restricted to their design (i.e., it cannot be customised), which has occasionally required us to compromise on our approach. That said, none of these limitations have been material, and they do not detract from my overall recommendation. Review collected by and hosted on G2.com.

There are plenty of features to use and new ones to add, it's very intuitive and you can get around very easily.

For example creating new reports, adding custom fields, adding transactions. Review collected by and hosted on G2.com.

I don't have any major things that I dislike about Ledgy. One current improvement the team is working on at the moment is end of the year statements fro employees where you can select the ranges that you want the data to populate from. Review collected by and hosted on G2.com.

I really like Ledgy. The responsive customer service is a standout for me, as they genuinely incorporate feedback into the product. The clear UX makes it easy for me as an administrator and for regular users to quickly see their situation. I also appreciate that it syncs automatically with the company's HR system, and the ability to export data to XLSX format for further calculations is important. Furthermore, there are power user features for those who seek them out, which I find valuable. Review collected by and hosted on G2.com.

The validation requirements are rigidly enforced, which can occasionally make it hard to book historical transactions (though the CRM has invariably helped me with workarounds). Review collected by and hosted on G2.com.

What I like most about Ledgy is how easy and intuitive it is to use. The platform has a very user-friendly interface, while still offering a high level of customization to adapt to different needs and equity management processes. Review collected by and hosted on G2.com.

Honestly, there is very little I dislike about Ledgy. The platform is highly flexible and customizable, which makes it easy to adapt to different processes and needs. If I had to point out one area for improvement, it would be the synchronization of custom fields across different views, such as the Stakeholder and Transactions screens. Ideally, changes made to a custom field in one place would automatically be reflected in the other. Review collected by and hosted on G2.com.

The platform is extremely intuitive, so minimal training is needed to get up and running. It makes equity administration much easier because you can customize workflows to handle employee offboarding and automatically generate option exercise documents. It also pulls data through an HRIS integration, which reduces manual data entry. Online data management is highly customizable as well, so you can quickly adjust how tables are displayed in the platform without having to download an Excel file and manipulate it manually. Review collected by and hosted on G2.com.

One feature that would be really useful is the ability to submit a valuation request online directly through the platform. At the moment, Ledgy works with an external valuation firm instead of handling valuation requests within the platform itself. Review collected by and hosted on G2.com.

The customer service has been very good. Our equity platform has been managed manually for the past ten years but with over 400 employee equity holders, automation was critical. As a recently hired equity plan administrator, Chris assisted significantly in the implementation and sharing best practices with other companies of our size and complexity. Review collected by and hosted on G2.com.

I was disappointed to discover that we were not able to map our previously executed legal documents with more automation. Review collected by and hosted on G2.com.