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.