Verified User in Accounting
UA
Verified User in Accounting
Small-Business (50 or fewer emp.)
"Necessary and excellent product"
5/5
What do you like best about SoftLedger?

Built by CPAs with proper controls and ease of use. Modules are organized and easy to find and search transactions, journals, bills, bank transactions. Bulk uploads easy to use and helps save time. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

It's a relatively new product that softledger is continuing to build. There are small bugs like not being able to unlink a payment from the bank feed on the front end. But things like this are easily fixed by contacting support. Review collected by and hosted on G2.com.

Response from Ryan Luchs of SoftLedger

Thank you for taking the time to leave us a review! We always love to hear that our customers are able to easily navigate and use our system, as this was one of our main goals when building SoftLedger. Please continue to reach out to our customer support team with any issues or questions; they are always here to help.

BD
Brian D.
President
Small-Business (50 or fewer emp.)
"Simple to use, but incredibly robust and flexible system!"
5/5
What do you like best about SoftLedger?

Softledger has been with us every step of the way. Ensuring they understood our business needs, handholding us through the onboarding, and always available for support. We use Softledger as our integrated General Ledger system for our fintech offering across Africa. We can schedule real-time entries from our core banking system and generate reports on the fly as we scale. We have been able to include our budgets, customize our chart of accounts, and run reports on a variety of dimensions that are important to our business. Further, we maintain multiple entities in the United States and Africa, and the ability to consolidate across all companies has been crucial. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

Nothing to add here - excellent customer service support, fantastic product, and continued product enhancements that are valuable to Power. We are hoping to be a part of the journey with Softledger as they continue to grow. Review collected by and hosted on G2.com.

Verified User in Accounting
CA
Verified User in Accounting
Small-Business (50 or fewer emp.)
"Softledger is quite good but not always the most intuitive"
2.5/5
What do you like best about SoftLedger?

The most helpful thing about softledger has to be the support from Sanjay and Travis. This enables us to troubleshoot issues quickly and easily. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

Sometimes i find that the system does not always anticipate my needs, making it very slightly difficult to keep hopping through the the different menus to get to where i need to go. Review collected by and hosted on G2.com.

Response from Ryan Luchs of SoftLedger

Thank you for your feedback. I am very sorry to hear that you are not able to navigate and complete actions as quickly as you would like. If you would like to reach out to our customer service team, they would be happy to share some shortcuts with you to help expedite these processes.

David F.
DF
David F.
CFO
Small-Business (50 or fewer emp.)
"Best Crypto Accounting Solution Hands Down"
5/5
What do you like best about SoftLedger?

API native accounting software creates virtually all journal entries enabling accounting to do more value-add analysis. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

Cyrpto accounting is limited to cost basis denominated in the parent entity reporting currency Review collected by and hosted on G2.com.

Response from Ryan Luchs of SoftLedger

Hi David. Thank you for taking the time to leave us a review! It is great to hear that our system is helping your business operate more efficiently.

Bo L.
BL
Bo L.
Financial Controller
Mid-Market (51-1000 emp.)
"A must have for crypto accounting"
5/5
What do you like best about SoftLedger?

SL calculates the coat base of coins and generates the journals automatically with a highly customisable setting which is no other crypto accounting software can do in the market. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

So far SL has been a perfect tool for me in working. Maybe there should be more languages versions so teams in other countries can also use it! Review collected by and hosted on G2.com.

Response from Ryan Luchs of SoftLedger

Hi Bo. Thank you for taking the time to leave us a review! We always love to hear from our customers and are happy to hear our system is effectively suiting your business needs. Our entire application is browser-based, meaning we can leverage browser-based translations, but we are always considering ways to make our system easier to use for our international users.

Verified User in Accounting
AA
Verified User in Accounting
Small-Business (50 or fewer emp.)
"Quick Implementation"
5/5
What do you like best about SoftLedger?

The most important things for me was quick implementation and service on the cloud. We were on the desktop version of QuickBooks, which ran way too slow and required installation on every user's computer. It was vital for all historical data to be in the system, because our organization had over a decade's worth of transactions. Implementation took about three weeks. All of the historical data was in the system, and our team was up and running with daily tasks. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

Bank transaction mapping could use some improvements. The improvements are on the roadmap, and the current process works well enough. The process is similar to those in other systems I have used, but those improvements would be a big help. I hope those improvements roll out soon. Review collected by and hosted on G2.com.

BA
Bob A.
Controller
Mid-Market (51-1000 emp.)
"Accounts Receivable solution"
5/5
What do you like best about SoftLedger?

Straight forward and logical are the best ways to describe the user interface. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

It is so much better than the other software we replaced that I'm unable to list any dislikes. Review collected by and hosted on G2.com.

Response from Ryan Luchs of SoftLedger

Hi Bob. Thank you for taking the time to leave us a review! Our main goal in building SoftLedger was to have a full-featured system that was fast and easy to learn and operate. It's great to hear our system has solved your client invoice issues as well. Being able to segregate duties is very important and can save everyone a lot of time.

AJ
Arpit J.
Assistant Manager
Mid-Market (51-1000 emp.)
"Clear Interface with great functions"
3.5/5
What do you like best about SoftLedger?

The interface of the soft ledger is self-explanatory; it also has some of the very unique features which make it a very powerful software for accounting Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

Rates of the softledger is comparatively very high when compared with its peers Review collected by and hosted on G2.com.

Wesley C.
WC
Wesley C.
Senior Accountant
Small-Business (50 or fewer emp.)
"Product is an Absolute Lifesaver!"
5/5
What do you like best about SoftLedger?

Would everything be a good answer?

This review is so past overdue that I do not know where to start....

Here's my abridged version....

1. Customer Service is absolutely exemplary. Quick responses. Detailed tutorials. Custom workarounds. Seriously amazing.

2. Crypto Transactions module is a masterpiece. They have off-the-shelf coin reporting. Custom coin management. You can track cost-basis, coin movement, realized gain/loss, unrealized gain/loss and even itemized transaction journal entries.

3. Softledger handles changes, adjustments, cost-basis and gain/loss recalculations with ease.

4. They have FX exchange, Intercompany functions, parent/sub relationships.

5. Between the Journal Report and the Crypto Transactions I can find any information that I could possibly want.

Overall, as a company, we are extremely happy that we went with Softledger. Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

1. There is currently no payment batching which affects the bank recon. However, all the payments still appear so we can still reconcile with relative ease even without it and it is currently being developed as I type this.

2. There accounts payable module does not support crypto payments but it is also in the pipeline to be available in the future.

Thank you Travis and Ben for all you have done to get us some of the cleanest financials in the crypto space! Review collected by and hosted on G2.com.

Response from Ryan Luchs of SoftLedger

Hi Wesley. Thanks for taking the time to leave us a review! It’s great to hear our crypto capabilities are suiting your business needs. We are always looking to better our system for our customers and have already added in some additional functionality on the points you mentioned. We will continue to add AP/payment improvements in the coming year. Please reach out with any additional functionalities that would help streamline your business operations even more! And give you more time to sleep!

Sumit S.
SS
Sumit S.
Lead Engineer- Product Risk Representative III
Mid-Market (51-1000 emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Soft Ledger: Best in the market to generate Financial reports"
4/5
What do you like best about SoftLedger?

It is easy to understand and generate all sorts of accounting reports.

It is a complete package or a full suite with all accounting processes streamlined and automated. So it helps in all accounting entries and till the point of creating a balance sheet in the end Review collected by and hosted on G2.com.

What do you dislike about SoftLedger?

There is hardly anything to dislike in it.

There are a lot of features that only a person with a basic accounting understanding can understand, Review collected by and hosted on G2.com.