# SoftLedger Reviews
**Vendor:** SoftLedger  
**Category:** [Accounting Software](https://www.g2.com/categories/accounting)  
**Average Rating:** 4.6/5.0  
**Total Reviews:** 50
## About SoftLedger
SoftLedger is a general ledger designed for lean accounting teams. A powerful and user-friendly accounting platform, SoftLedger helps CFOs and controllers deliver consolidated financial data in real-time. Targeted primarily at CFOs, controllers, and financial teams within small to mid-sized businesses, SoftLedger addresses the challenges of managing financial data easily with a small finance and accounting team. Companies that operate multiple subsidiaries or divisions often face difficulties in consolidating financial information, ensuring compliance, and generating accurate reports. SoftLedger simplifies these tasks by offering a centralized platform where users can easily track and manage their financial data, regardless of the complexity of their organizational structure. Key features of SoftLedger include real-time data consolidation, automated reporting, and compliance management. The real-time data consolidation feature allows users to seamlessly integrate financial information from multiple entities, providing a comprehensive view of the organization’s financial health at any given moment. Automated reporting capabilities streamline the process of generating financial statements and reports, reducing the manual effort required and minimizing the risk of errors. Additionally, SoftLedger ensures compliance with relevant accounting standards and regulations, helping organizations maintain transparency and accountability in their financial practices. SoftLedger stands out in its category by offering a user-friendly interface that enhances the overall user experience. The platform is designed to be intuitive, allowing financial teams to navigate through the software with ease. This accessibility is crucial for organizations that require quick access to financial data and insights for decision-making purposes. Furthermore, the ability to customize reports and dashboards enables users to tailor the information presented to their specific needs, facilitating better analysis and strategic planning. Overall, SoftLedger provides significant value to organizations with complex financial structures by simplifying the management of financial data, ensuring compliance, and enhancing reporting accuracy. Its robust features and user-centric design make it an essential tool for financial professionals seeking to optimize their accounting processes and improve their organization’s financial visibility.



## SoftLedger Pros & Cons
**What users like:**

- Users praise the **ease of use** of SoftLedger, highlighting its intuitive interface and flexible functionality for accounting. (13 reviews)
- Users appreciate the **responsive customer support** of SoftLedger, enhancing their overall experience during implementation and use. (11 reviews)
- Users appreciate the **smooth interfaces and powerful multi-entity management** features of SoftLedger, enhancing their finance operations. (11 reviews)
- Users value the **powerful reporting functionality** of SoftLedger, enhancing efficiency and accuracy in financial operations. (8 reviews)
- Users praise SoftLedger&#39;s **exceptional customer service** , highlighting their responsiveness and helpfulness in addressing needs and feedback. (7 reviews)
- Users commend SoftLedger for its **accounting efficiency** , simplifying multi-entity management and enhancing real-time financial visibility. (6 reviews)
- Users praise SoftLedger for its **advanced accounting management** , enhancing multi-entity consolidation and reporting efficiency. (6 reviews)
- Financial Management (6 reviews)
- Integrations (6 reviews)
- Intuitive (6 reviews)

**What users dislike:**

- Users note the **missing features** in SoftLedger, specifically around customization and approval metrics for mid-sized businesses. (8 reviews)
- Users find the **limited customization** in financial reporting restricts flexibility and does not fully meet their needs. (5 reviews)
- Users express concerns about **limited flexibility** in workflow and posting processes within SoftLedger, hindering efficiency. (5 reviews)
- Users experience **error handling issues** with manual processes and unlinked bank connections, affecting overall satisfaction. (3 reviews)
- Users note **workflow flexibility restrictions** , with manual processes and limitations hindering efficiency in accounting tasks. (3 reviews)
- Time-Consuming (3 reviews)
- User Unfriendliness (3 reviews)
- Users often face **bank integration issues** that disrupt connectivity and lack clear notifications, affecting overall experience. (2 reviews)
- Connectivity Issues (2 reviews)
- Users face **customization issues** in SoftLedger, limiting flexibility and adaptability to specific business needs. (2 reviews)

## SoftLedger Reviews
  ### 1. Smooth Interface and Powerful Crypto Module Enhance Efficiency

**Rating:** 4.0/5.0 stars

**Reviewed by:** Matt H. | Senior Accountant, Mid-Market (51-1000 emp.)

**Reviewed Date:** November 24, 2025

**What do you like best about SoftLedger?**

The interfaces and basic functions are extremely smooth and facilitate efficient and accurate processing.  The crypto module is an essential feature for us that works well and feeds cleanly into our ledger.  The ability to drill down to source records from the Reporting, Finance, AP and AR module is better than in any other system that I have used.  SoftLedger also handles accounting across a group that uses many currencies with a very logical and easy to follow flow.  Lastly, we really value the support we have received, either when implementing the system or when searching for advice regarding the most effective way to align our processes to SoftLedger.

**What do you dislike about SoftLedger?**

I would welcome more flexibility to create our own reports and a clearer view of unreconciled items through the Banking screens

**What problems is SoftLedger solving and how is that benefiting you?**

SoftLedger is our core accounting system and the source of internal and external financial and regulatory reporting.  It is flexible enough that we can map our complicated business flows into it, and it allows us to report our crypto positions with confidence.

**Official Response from Travis Lander:**

> Thank you for this review, Matt. We appreciate your time and commitment to SoftLedger.

For unreconciled banking items, be sure to set a default filter for your tables in the Bank Transactions and Bank Statements Reconciliation view to only display journal lines that are not reconciled. This should save you time in dropping into those tables and only seeing the unreconciled journal lines/bank transactions that need your review.

For customized reporting, it can be best to create a custom analytics report through our in app business intelligence tool for any management reporting that might fall outside of the more traditional reports. Let's walk through setting one of those up together.

Thank you again!


  ### 2. Seamless Crypto Accounting and Open API Integration

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Gambling & Casinos | Mid-Market (51-1000 emp.)

**Reviewed Date:** May 12, 2026

**What do you like best about SoftLedger?**

The best part about SoftLedger is how they integrate crypto accounting into their system. Their open API provides seamless integration between workflows and different tools.

**What do you dislike about SoftLedger?**

I don’t think there’s much that I necessarily dislike. Mainly, at the start the UI was a bit hard to navigate. Also, functions like paying bills one by one—and having to copy a memo in one by one, rather than being able to autofill them with a fixed naming scheme or template—feel tedious.

**What problems is SoftLedger solving and how is that benefiting you?**

not sure - havent received much communication on current fixes, but issues that ive raised have generally been resolved quickly

  ### 3. Easy to Use with Outstanding Customer Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Katie C. | VP, Finance, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 27, 2026

**What do you like best about SoftLedger?**

There are a lot of things I like about this software, but ease of use and customer support are at the top of the list.

**What do you dislike about SoftLedger?**

The reporting features as it relates to dimensions.

**What problems is SoftLedger solving and how is that benefiting you?**

They are solving my multi currency consolidation problem without having to purchase an overly expensive and overly complicated solution.

  ### 4. A Modern, Real-Time Accounting Platform That Actually Delivers

**Rating:** 5.0/5.0 stars

**Reviewed by:** Derek H. | Chief Operating and Financial Officer, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 20, 2025

**What do you like best about SoftLedger?**

SoftLedger’s strongest advantage is its real-time, multi-entity consolidation. It handles complex structures, multi-currency, and inter-company eliminations seamlessly—without the heavy manual work you typically see in other systems. The platform is fast, modern, and cloud-native, with a smart general ledger that’s flexible and easy to adapt to your business. Their API-first architecture also makes integrations straightforward, which has significantly reduced reconciliation time and improved data accuracy for us. Overall, it gives finance leaders a level of visibility and speed that legacy systems simply don’t provide.

**What do you dislike about SoftLedger?**

Reporting is strong, but some highly customized report formats still require a bit of work. Nothing that holds the platform back, but there’s room for additional templates and customization options.

**What problems is SoftLedger solving and how is that benefiting you?**

SoftLedger is solving the complexity of managing multi-entity accounting, inter-company activity, and real-time financial visibility. It eliminates the heavy manual work we used to face during consolidations and month-end close. The platform’s automation, dimensional reporting, and API integrations have reduced reconciliation time, improved data accuracy, and given us instant insight into performance across entities. As a result, our close is faster, our reporting is more reliable, and we’re able to make better operational and strategic decisions with real-time data instead of waiting on batch processes or spreadsheets.

**Official Response from Travis Lander:**

> Thank you for this review, and for your time and commitment to SoftLedger, Derek!

We appreciate your feedback on customized reporting, and are happy you are able to get the reports you need, but will take note on creating more out of the box templated reports.

  ### 5. Excellent multi-entity accounting platform with great customer service!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Utilities | Small-Business (50 or fewer emp.)

**Reviewed Date:** January 14, 2022

**What do you like best about SoftLedger?**

SoftLedger's hierarchical "Location" system makes multi-entity accounting a breeze!  You can enter all your different entities as locations, keep their individual books separate, and combine them as necessary for rolled-up reporting needs.  Plus, being able to do this all on one accounting profile cuts down on software costs and the complication of multiple accounts needed to keep different entities' books separate.  And their customer service and responsiveness to feedback is second to none!

**What do you dislike about SoftLedger?**

Very little at this point!  When we started with SoftLedger they were still a fairly new company which may have lacked some features of other accounting platforms, but they have been continuously adding functionality and can now do anything that other platforms on the market can.  They do focus on auditability in some areas, which can reduce some editing flexibility compared to other platforms, but this is a pretty minor inconvenience and can even be a benefit in many circumstances

**Recommendations to others considering SoftLedger:**

Perfect for anyone trying to do accounting for a multi-entity organization!

**What problems is SoftLedger solving and how is that benefiting you?**

The biggest benefit I have realized with SoftLedger is the ability to create multi-entity reports while also keeping separate entities' books separate.  Their structure makes financial reporting very customizable!

**Official Response from Ryan Luchs:**

> Thank you for taking the time to leave a review! It is great to hear you're finding value in our multi-entity accounting capabilities. We are continually adding new features as our company grows.

  ### 6. SoftLedger is an excellent upgrade for multi-entity functionality and reporting

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.)

**Reviewed Date:** July 30, 2025

**What do you like best about SoftLedger?**

SoftLedger has been a fantastic upgrade for our finance operations. The platform is intuitive and professional, with powerful features like multi-entity management, inter-company transactions, and robust reporting functionality. What really stands out is the support. Both the AI chatbot and the team are responsive and genuinely helpful whenever we need them. It’s a solid system that’s made a real difference as we scale.

**What do you dislike about SoftLedger?**

SoftLedger has been a strong platform overall, but there are a few areas that could be improved. Occasionally, bank connections get unlinked without clear notice, and we’ve run into small glitches here and there. A recommendation for future updates would be to  display journal entry imbalance amounts as the entry is being completed. That said, the pros far outweigh the cons. It’s an excellent platform with solid functionality and support.

**What problems is SoftLedger solving and how is that benefiting you?**

SoftLedger solved a major challenge for us: managing multiple entities with clarity and efficiency. With our previous platform, separating books across entities and producing consolidated reports was clunky and limited. It just wasn’t built for a financial business like ours. SoftLedger’s multi-entity functionality lets us keep clean, separate books for each entity while easily rolling them up into accurate global reports. It’s been a game-changer for our accounting operations.

**Official Response from Travis Lander:**

> Thank you for this excellent review and feedback! See a link to a video that shows how you can see a display to inform you when a journal entry does not balance, as well as click an Auto Balance Journal icon to balance any Journal in the final line of the line items.

  ### 7. User-Friendly Platform with a Clean, Intuitive Interface

**Rating:** 5.0/5.0 stars

**Reviewed by:** victorina a. | Bookkeeper, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 23, 2026

**What do you like best about SoftLedger?**

The platform is user-friendly with a clean interface

**What do you dislike about SoftLedger?**

I've been using SoftLedger for a year now, and honestly i haven't found anything that I dislike about it.

**What problems is SoftLedger solving and how is that benefiting you?**

I appreciate the audit trail.

  ### 8. Intuitive accounting software, supporting multi currencies use

**Rating:** 4.5/5.0 stars

**Reviewed by:** Eileen L. | Financial Accountant, Mid-Market (51-1000 emp.)

**Reviewed Date:** November 15, 2025

**What do you like best about SoftLedger?**

I appreciate how intuitive and easy to use it is, making it simple to get started. The ability to handle multiple currencies and provide multi-dimensional reporting is very useful. I also value being able to share feedback with the SoftLedger team and receiving support whenever I need it.

**What do you dislike about SoftLedger?**

It would be helpful if it could support a spreadsheet for managing monthly prepayments or amortisation.

**What problems is SoftLedger solving and how is that benefiting you?**

Our core business focuses on cryptocurrency accounting, and the support we receive from SoftLedger has been extremely helpful.

**Official Response from Travis Lander:**

> Thank you for your review, Eileen. We appreciate your time and commitment to SoftLedger!

On you feedback, you will be glad to know that more automation for entering and managing prepayment and amortization schedules is set to be delivered in the coming months! I will be sure to coordinate with you on that development.

Thank you again!

  ### 9. Easy, Straightforward, and User-Friendly Experience

**Rating:** 4.5/5.0 stars

**Reviewed by:** Acmad P. | Bookkeeper, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 23, 2026

**What do you like best about SoftLedger?**

Easy to use, very straightforward, and very user-friendly.

**What do you dislike about SoftLedger?**

I want Softledger to have a more engaging homepage.

**What problems is SoftLedger solving and how is that benefiting you?**

During the use of Softledger, it has dramatically improved in many things. One of it is AI answering the day to day problems encounters, questions or querries. I also love that the support team team is very responsive.

  ### 10. Efficient Consolidation, Needs More Customization

**Rating:** 4.0/5.0 stars

**Reviewed by:** Michael E.

**Reviewed Date:** November 14, 2025

**What do you like best about SoftLedger?**

I find SoftLedger's ease of use particularly beneficial, especially when it comes to switching between entities for accounting purposes. This feature greatly facilitates the management of consolidated accounting across multiple entities, simplifying what could otherwise be a complex and cumbersome process. Additionally, the initial setup of SoftLedger was fairly easy, which helped ensure a smooth transition from QuickBooks. This user-friendly aspect of SoftLedger enhances my experience and makes my accounting tasks more efficient.

**What do you dislike about SoftLedger?**

I dislike the limited customization over financial reporting within SoftLedger.

**What problems is SoftLedger solving and how is that benefiting you?**

I use SoftLedger for consolidating accounting entries across multiple entities and appreciate its ease of use when switching between them.

**Official Response from Travis Lander:**

> Thank you for this excellent review, Michael. We very much appreciate your time and commitment to SoftLedger.

Regarding customization, I have added a video on customizing and saving report layouts that meet your needs and regulatory reporting requirements. Check it out and I will reach out to work with you on creating the exact right reports.

Thank you again!

  ### 11. Crypto-Enhanced Accounting with Comprehensive Integrations

**Rating:** 5.0/5.0 stars

**Reviewed by:** Eugen M.

**Reviewed Date:** December 11, 2025

**What do you like best about SoftLedger?**

I like SoftLedger's great logic and crypto integrations. I appreciate that it's crypto native with all rates embedded, and everything just makes sense.

**What do you dislike about SoftLedger?**

I find the initial setup difficult, as it takes time and people, as the system is complex and sophisticated.

**What problems is SoftLedger solving and how is that benefiting you?**

I use SoftLedger to consolidate fiat and crypto across entities. It has great logic and crypto integrations, being crypto native with embedded rates that make everything make sense.

  ### 12. Intuitive and Effortless to Use

**Rating:** 4.5/5.0 stars

**Reviewed by:** Amanda N. | CFO, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 14, 2025

**What do you like best about SoftLedger?**

very intuitive and easy to use. Modules work the way an accountant would want them to

**What do you dislike about SoftLedger?**

still working through a few kinks with rounding errors and currency conversions

**What problems is SoftLedger solving and how is that benefiting you?**

Managing currencies and multiple entity consolidation.

**Official Response from Travis Lander:**

> Thank you for this review, Amanda. And thank you for your time and commitment to SoftLedger!

I will work with you to make sure the system provides the best reconciliation module imaginable - thank you again!

  ### 13. Great Navigation and Reporting, But Too Much Manual Work

**Rating:** 3.5/5.0 stars

**Reviewed by:** Beata S. | Accountant, Mid-Market (51-1000 emp.)

**Reviewed Date:** November 17, 2025

**What do you like best about SoftLedger?**

easy to navigate, ability to copy bills and journal, ability to edit the journals before they are approved, good reporting module

**What do you dislike about SoftLedger?**

too much manual, limitation when it comes to intercompany payments, lack of control to avoid mistakes

**What problems is SoftLedger solving and how is that benefiting you?**

easy to process big amount of invoices and post the payments

**Official Response from Travis Lander:**

> Thank you for taking the time to leave this review, Beata.

We will reach out to extract more details on the feedback you left. We welcome as much detail as you can provide here in your processes to be sure SoftLedger can be refined for your usecase.

Regarding controls, we allow customers to define the right permissions and entity access for each and every user, along with the ability to create custom Roles for those Users, all the way down to granular user permissions such as view only, posting/approval ability, and visibility into different modules. Let's work together to create some custom roles where you see fit.

Thank you again!

  ### 14. Easy to Use, Simple and comprehensive

**Rating:** 4.5/5.0 stars

**Reviewed by:** Rahmat Hardianto P. | Accounting Manager, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 10, 2025

**What do you like best about SoftLedger?**

- Easy to Use
- Very robust and helpful support center
- Comprehensive FS Features for middle level startups
- Actually good consolidation module
- Sufficient custom reporting scheme

**What do you dislike about SoftLedger?**

- Crypto module is too rigid for certain business model
- Not enough custom field for certain modules (limited to only few fields)
- Approval metrices still not comprehensive enough for mid-size business.

**What problems is SoftLedger solving and how is that benefiting you?**

Softledger manage to help us maintain the validity of our financial statement by providing us with robust reporting functions for financial accounting. Therefore, we could improve our closing timelines and data accuracy from period to period. We also increase our audit financial statement timelines due to robust GL entry reporting provided by Softledger.

  ### 15. Game-changer for our multi-entity staffing business

**Rating:** 5.0/5.0 stars

**Reviewed by:** Michael O. | Principal, Mid-Market (51-1000 emp.)

**Reviewed Date:** May 21, 2025

**What do you like best about SoftLedger?**

SoftLedger gives us real-time visibility into our financials across multiple recruiting entities and regions. We run several staffing verticals and the built-in multi-entity consolidation has completely eliminated our spreadsheet chaos. Our accounting team now closes faster, and I can check group performance live without waiting for reports.

**What do you dislike about SoftLedger?**

Our team was used to using QuickBooks, so the switch to SoftLedger required learning a new system.

**What problems is SoftLedger solving and how is that benefiting you?**

Before SoftLedger, we juggled multiple QuickBooks accounts across business units. Consolidation took forever. SoftLedger replaced all of that with a single, unified system. I have our financials within a couple days after month end, a process that took a week or more prior.

  ### 16. Great system, does what we needed.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Wikus S. | CFO, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 17, 2025

**What do you like best about SoftLedger?**

Softledger was easy to implement and the customer support is very responsive.
Integrates with Metabase analytics tool.

**What do you dislike about SoftLedger?**

We're not currently able to connect with any of our bank accounts. However the manual bank transaction upload process works well, albeit a little bit more laborious with the amount of bank accounts we have.

**What problems is SoftLedger solving and how is that benefiting you?**

We were looking for an affordable system that can handle larger organizational structures with complex trial balances and multiple functional base currencies. We have trades and positions across a number of currencies and Softledger handles this well.

  ### 17. Highly Recommend Softledger

**Rating:** 5.0/5.0 stars

**Reviewed by:** Bronwyn B. | Head of Finance, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 11, 2025

**What do you like best about SoftLedger?**

SoftLedger has upgraded our accounting and reporting capabilities. Having a single login for multiple entities and being able to process crypto without a plug in.

**What do you dislike about SoftLedger?**

we are not able to connect to any of our bank accounts at the moment.

**What problems is SoftLedger solving and how is that benefiting you?**

We are now able to report and monitor our crypto in system. this has reduced the amount of work to create reconciling spreadsheets and crypto related journal transactions.
We require consolidation capabilities and SoftLedger allows us to do this without any external 3rd party software.

  ### 18. Easy to use, great support

**Rating:** 4.0/5.0 stars

**Reviewed by:** Philipp M. | Consultant Programme Manager, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 17, 2025

**What do you like best about SoftLedger?**

We have found SoftLedger easy to use with fantastic onboarding and support. The different levels of consolidation have been helpful as we are a multi-entity organization but at home and abroad. The multi-entity general ledger has allowed us to keep a consistent approach to accounting across all entities.

**What do you dislike about SoftLedger?**

No integration to Runway. There doesn't appear to be any "out of the box" banking integration to our main banks.

**What problems is SoftLedger solving and how is that benefiting you?**

Multi-entity accounting and consolidation

  ### 19. Softledger - would definitely recommend

**Rating:** 4.5/5.0 stars

**Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.)

**Reviewed Date:** August 16, 2022

**What do you like best about SoftLedger?**

The ease of use, flexible functionality and high level of support offered by the Softledger team

**What do you dislike about SoftLedger?**

Some of the crypto module functionality is too rigid for more complex businesses so we need to come up with workarounds to avoid large fx p&l

**What problems is SoftLedger solving and how is that benefiting you?**

We often work very closely with the softledger team to provide feedback and work on new features such as functional currency accounting, better functionality for importing budget data to remove manually keying in each budget item and improved budget versus actual reporting

**Official Response from Ryan Luchs:**

> Thank you for taking the time to leave us a review! When building SoftLedger, one of our main goals was to make sure our system could easily adapt to any business’s needs. Please continue to reach out to our customer service team, as they always love to hear what features our customers are interested in seeing.

  ### 20. Comprehensive Accounting Experience

**Rating:** 4.0/5.0 stars

**Reviewed by:** Shaun R. | Strategic Finance Analyst, Small-Business (50 or fewer emp.)

**Reviewed Date:** December 03, 2024

**What do you like best about SoftLedger?**

Support for bank feed linking and multiple locations make workflows really simple. Customer support is also very strong, the representatives are responsive to any problems or questions we may have. I use the software every week.

**What do you dislike about SoftLedger?**

The visual design could be more modern and user-friendly.

**What problems is SoftLedger solving and how is that benefiting you?**

SoftLedger helps us tackle accounting and cash management across our different corporate entities in one place, with easy intercompany transactions and bank feed links to facilitate this.

  ### 21. Great system, easy to use and brilliant support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Louise K. | Mid-Market (51-1000 emp.)

**Reviewed Date:** April 04, 2024

**What do you like best about SoftLedger?**

Softledger is really easy to use and also to set up. The crypto module on Softledger is brilliant, the reporting tool is great for all needs. The staff in Softledger are really helpful and always available if you have any issues or questions. API integration is seamless and the support for this is great. As it is cloud based it is easily accessible from anywhere to use whenever you need it which is daily in my role.

**What do you dislike about SoftLedger?**

The only downside is getting the Trial Balance in posted currency which is being implemented by Softledger.

**What problems is SoftLedger solving and how is that benefiting you?**

Softledger is our accounting ledger to house all our financials and consolidation. The fact is does the consolidation for us is a huge benefit

**Official Response from Sanjayan Arulsakaran:**

> Thank you for the kind words, we are thrilled to hear that SoftLedger's API capabilities and Consolidation capabilities are a huge benefit to you and your team. We look forward to building on our partnership and invest in addressing opportunities to enhance the experience even further. 

  ### 22. Always a delight to work with Sanjay and Softledger!

**Rating:** 5.0/5.0 stars

**Reviewed by:** LJ R. | Small-Business (50 or fewer emp.)

**Reviewed Date:** January 23, 2024

**What do you like best about SoftLedger?**

I had the pleasure of working with Sanjay, who was my customer success support on a ticket I raised this week, as well as my implementation specialist on some Softledger tenants. Sanjay is always so professional, knowledgeable, and incredibly responsive throughout the entire process. I appreciate how patient he is, as I learn the software and how he provides us with valuable tips and best practices. Sanjay always goes above and beyond to ensure that we have a smooth and successful implementation on new projects and speedy resolution on any issue. He is a great asset to Softledger and it is because of him that I highly recommend Sofledger for anyone looking for a reliable and effective software partner.

**What do you dislike about SoftLedger?**

challenge of categorization of transactions, once it's in the system

**What problems is SoftLedger solving and how is that benefiting you?**

Cost basis calculation.

**Official Response from Sanjayan Arulsakaran:**

> LJ, Thank you for the generous review. We take pride in the work our Customer Facing teams perform and are grateful for your feedback. 

We love seeing our partners thrive! 

  ### 23. Always a pleasure working with Travis, Sanjay and Softledger!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.)

**Reviewed Date:** February 16, 2024

**What do you like best about SoftLedger?**

Softledger is a user-friendly software with a fast and easy implementation.  Also, I couldn't say enough for the instant customer support offered even with significant time differences, Travis and Sanjay are always available and even replying to resolve issues out of their normal business hours to serve us.  Last but not least, the features offered and the ease of integration through API are mind-blowing and transform our Accounting work by reducing the manual involvement.

**What do you dislike about SoftLedger?**

I could not say that there are any downsides of using Softledger maybe just the fact that sometimes some new features requested for implementation may take longer than expected given they have to cope with a myriad of requests and they need to prioritise.  Even in such times they always inform us and provide us with their road map so we are aware of the status and timelines of the implementation.

**What problems is SoftLedger solving and how is that benefiting you?**

> We were able to automate our whole Billing process reducing significantly the resources needed as well as any errors due to manual human error (ie double postings)
> Posibility for consolidated FS including automatic eliminations
> Crypto Accounting increased our efficiency and assists on reflecting the correct picture in our books

**Official Response from Sanjayan Arulsakaran:**

> Thank you for your kind words, we love to see our customers realize value from SoftLedger. We believe in owning the tedious repetitive tasks and allowing Accountants to spend their time on more high value work. 

We are continuously investing in being able to deliver requested features and outcomes with product development, we appreciate the understanding. 

  ### 24. SoftLedger is easy to use for tradition and crypto accounting. They have very supportive team!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Dane S. | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 23, 2024

**What do you like best about SoftLedger?**

SoftLedger team is easy to work with and are a great resource for both traditional and crypto accounting. Their support team is responsive and great to work with

**What do you dislike about SoftLedger?**

I couldn't find anything noteworthy to mention regarding aspects I dislike about SoftLedger

**What problems is SoftLedger solving and how is that benefiting you?**

SoftLedger excels in solving the problem of inefficient and cumbersome accounting processes. Its software streamlines workflows, automates tasks, and provides powerful tools for financial management, ultimately saving time and improving accuracy in handling financial data

**Official Response from Sanjayan Arulsakaran:**

> Thank you for your kind words Dane. We appreciate you taking the time to leave us a review, and highlighting our Traditional & Digital Asset accounting capabilities. 

  ### 25. Very user friendly and easy to use with exceptional customer support in timely manner

**Rating:** 5.0/5.0 stars

**Reviewed by:** Anum T. | Mid-Market (51-1000 emp.)

**Reviewed Date:** January 05, 2024

**What do you like best about SoftLedger?**

I like how easy it is to use with the minimal amount of steps involved in reaching to your desired report

**What do you dislike about SoftLedger?**

I wish they could have AP aging sch linked to journal entries so it could update automatically

**What problems is SoftLedger solving and how is that benefiting you?**

Its helping us to do consolidation for all the entities every quarter for auditor's review making our lives alot easy

**Official Response from Sanjayan Arulsakaran:**

> Thank you for your review, we appreciate your partnership and feedback. We look forward to growing value for your team. 

  ### 26. The customer support was responsive and knowledgeable

**Rating:** 4.0/5.0 stars

**Reviewed by:** Njeri M. | Small-Business (50 or fewer emp.)

**Reviewed Date:** January 29, 2024

**What do you like best about SoftLedger?**

Softledger proved to be a user-friendly and comprehensive accounting ERP, excelling in real-time reporting and scalability. 

The customer support was responsive and knowledgeable. While we are transitioning to a different ERP for specific needs, Softledger served us well, and we would recommend it to businesses seeking reliable financial management.

**What do you dislike about SoftLedger?**

The inability to customize Forex Rates to reflect the actual rate used during the specific transaction date.

**What problems is SoftLedger solving and how is that benefiting you?**

seamless API integration

**Official Response from Sanjayan Arulsakaran:**

> Njeri, thank you for your kind words. We enjoyed working with your team and appreciate that you took time to leave us positive review.

Exciting news, user defined FX Rates is on our 2024 product roadmap!

  ### 27. Great team to work with

**Rating:** 4.5/5.0 stars

**Reviewed by:** Angela G. | Director Of Accounting, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 15, 2022

**What do you like best about SoftLedger?**

The staff is always attentive and helpful to resolve all kind of questions. The replies come in quickly and we appreciate the API connection that allow us to customize further our accounting processes

**What do you dislike about SoftLedger?**

The interface in some of the modules aren't always easy to navigate as there's so much information on screen (i.e. crypto transactions) that is hard to follow the rows you are checking and the headers.

**What problems is SoftLedger solving and how is that benefiting you?**

Tracking our crypto transactions for accounting and tax purposes. It allow us to review our performance across different exchanges/wallets/protocols from a single platform.

**Official Response from Ryan Luchs:**

> Hi Angela. Thank you for taking the time to leave us a review. It is great to hear that our system is aiding you in efficiently tracking your crypto transactions. I'm sorry to hear that you are having some difficulty navigating the system; we are continuously working to make SoftLedger as intuitive as possible.

  ### 28. One stop solution for accounting Digital Assets

**Rating:** 5.0/5.0 stars

**Reviewed by:** Febin P. | Business Consultant, Small-Business (50 or fewer emp.)

**Reviewed Date:** October 27, 2022

**What do you like best about SoftLedger?**

Softledger is an easy-to-use and Excellent in accounting Digital Assets transactions. It provides something the legacy banking application is yet to have, and it's interesting.

**What do you dislike about SoftLedger?**

Enough support persons are not available; More support staff are required to address the queries with an agreed ETA. It's hard to wait during a sprint to get the doubts cleared.

**What problems is SoftLedger solving and how is that benefiting you?**

Softedger helped in accounting for all the digital assets transactions for my banking application which is not in the legacy core banking. Softledger has excellent API documentation, which is easy to integrate.

**Official Response from Ryan Luchs:**

> Hi Febin. Thank you for taking the time to leave us a review. It’s great to hear you are finding value in our digital asset accounting capabilities. I am very sorry to hear that the support has not been meeting your expectations. Please continue to reach out to our CS team and check out our release notes which are updated weekly. (Link Below)👇

  ### 29. SoftLedger for Ajaib Group

**Rating:** 4.5/5.0 stars

**Reviewed by:** Ghea G. | Senior Manager, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 18, 2022

**What do you like best about SoftLedger?**

great ui/ux, multiple users, helpful and prompt responses from SL team, real time updates and sync, help for consolidation figures

**What do you dislike about SoftLedger?**

few missings features in consolidations (multiple shareholders structure), automated crowd source information on forex rates (manual option availability will be great)

**What problems is SoftLedger solving and how is that benefiting you?**

reporting (statutory or various management reports), accounting and bookkeeping, tracking AR/AP

**Official Response from Ryan Luchs:**

> Hi Ghea. Thank you for taking the time to leave us a review! We always love to hear from our customers and are glad you are finding value in our system. Each of your concerns are currently on our product roadmap and will be prioritized as we work on new features.

  ### 30. Necessary and excellent product

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.)

**Reviewed Date:** November 09, 2022

**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.

**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.

**What problems is SoftLedger solving and how is that benefiting you?**

Softledger is almost necessary at this point to do crypto accounting. I do not know what I would do without Softledger. It helps us track/categorize all of our crypto transactions and are able to build the journals into financials. Very useful product for all crypto companies.

**Official Response from Ryan Luchs:**

> 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.

  ### 31. Simple to use, but incredibly robust and flexible system!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Brian D. | President, Small-Business (50 or fewer emp.)

**Reviewed Date:** February 14, 2022

**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.

**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.

**Recommendations to others considering SoftLedger:**

For companies big and small, Softledger really ticks the boxes by providing a modern, digital-first solution that can handle a number of different scenarios and requirements. For young fintech startups, they are a great option!

**What problems is SoftLedger solving and how is that benefiting you?**

Power needed an agile and API-driven platform that was cost-effective and robust enough to grow with us from start-up to scaling. Our system is able to connect into Softledger seamlessly, and we were quick to finalize integrations and get up and running. The Softledger solution was precisely what we were looking for!

  ### 32. Softledger is quite good but not always the most intuitive

**Rating:** 2.5/5.0 stars

**Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.)

**Reviewed Date:** August 15, 2022

**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.

**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.

**What problems is SoftLedger solving and how is that benefiting you?**

The simplest explanation for this would be the accounting needs of the business. I've worked quite extensively on the creditor's side and the system worked well to ensure payments were easy to make.

**Official Response from Ryan Luchs:**

> 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.

  ### 33. Best Crypto Accounting Solution Hands Down

**Rating:** 5.0/5.0 stars

**Reviewed by:** David F. | CFO, Small-Business (50 or fewer emp.)

**Reviewed Date:** August 17, 2022

**What do you like best about SoftLedger?**

API native accounting software creates virtually all journal entries enabling accounting to do more value-add analysis.

**What do you dislike about SoftLedger?**

Cyrpto accounting is limited to cost basis denominated in the parent entity reporting currency

**What problems is SoftLedger solving and how is that benefiting you?**

Importing transactions daily saves time closing the books at the month end

**Official Response from Ryan Luchs:**

> 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.

  ### 34. A must have for crypto accounting

**Rating:** 5.0/5.0 stars

**Reviewed by:** Bo L. | Financial Controller, Mid-Market (51-1000 emp.)

**Reviewed Date:** January 16, 2022

**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.

**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!

**Recommendations to others considering SoftLedger:**

If you are in business with mixed operation of crypto and fiat currencies and you will need SL to help you stay on top of the job

**What problems is SoftLedger solving and how is that benefiting you?**

Integrate the crypto perfectly with daily accounting. Especially for business treats crypto like a cash or equivalent, they can do the crypto related booking smoothly with the accuracy you want.

**Official Response from Ryan Luchs:**

> 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.

  ### 35. Quick Implementation

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.)

**Reviewed Date:** February 24, 2022

**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.

**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.

**What problems is SoftLedger solving and how is that benefiting you?**

The most frustrating thing about the desktop version of QuickBooks is how slow it ran.  It probably worked well for the people who were there before me several years ago.  But when I joined the team, the sheer number of transactions made simple tasks like running trial balances and general ledgers very frustrating.  Just running a trial balance would take several minutes.  This made preparing reports very frustrating, especially since Management often had a lot of ad hoc requests.  Now, even when running general ledgers from inception to date, I get reports within a few seconds.

  ### 36. Accounts Receivable solution

**Rating:** 5.0/5.0 stars

**Reviewed by:** Bob A. | Controller, Mid-Market (51-1000 emp.)

**Reviewed Date:** January 17, 2022

**What do you like best about SoftLedger?**

Straight forward and logical are the best ways to describe the user interface.

**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.

**What problems is SoftLedger solving and how is that benefiting you?**

A chronic problem that we experienced before resulted in our district managers constantly calling out AR department to get payment status on client invoices.
Softledger has allowed us to provide all managers with browse only access to Accounts Receiveable information any time they need it 24 hours a day.

**Official Response from Ryan Luchs:**

> 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. 

  ### 37. Clear Interface with great functions

**Rating:** 3.5/5.0 stars

**Reviewed by:** Arpit J. | Assistant Manager, Mid-Market (51-1000 emp.)

**Reviewed Date:** June 04, 2021

**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

**What do you dislike about SoftLedger?**

Rates of the softledger is comparatively very high when compared with its peers

**Recommendations to others considering SoftLedger:**

If you don't have budget constraints, then go for this accounting software. it is perfect and has a self-explanatory interface.

**What problems is SoftLedger solving and how is that benefiting you?**

We are solving our account payable and accounts receivable and the overall accounting need of our internal department.

  ### 38. Product is an Absolute Lifesaver!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Wesley C. | Senior Accountant, Small-Business (50 or fewer emp.)

**Reviewed Date:** August 03, 2021

**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.

**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!

**Recommendations to others considering SoftLedger:**

This product is the reason I have time to sleep.

**What problems is SoftLedger solving and how is that benefiting you?**

All of them. From cost-basis to inventory management to full-blown crypto/fiat blended and consolidated financials.

**Official Response from Ryan Luchs:**

> 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!

  ### 39. Soft Ledger: Best in the market to generate Financial reports

**Rating:** 4.0/5.0 stars

**Reviewed by:** Sumit S. | Lead Engineer- Product Risk Representative III, Mid-Market (51-1000 emp.)

**Reviewed Date:** June 28, 2021

**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

**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,

**Recommendations to others considering SoftLedger:**

It is the best accounting tool in the market. You can control all your accounting entries in the real-time, forecast for projects, do budgeting with various scenarios. 
It helps in managing the purchase orders, inventory tracing, and streamlining the entire process. It is easy to do all forms of customizations as well. It saves a lot of time, resources and money

**What problems is SoftLedger solving and how is that benefiting you?**

It allows the executives to see real-time expenses and control them. They can see all information about vendors as well. It easily connects with banks and provides live details.
It has helped our team to automate everything and create all P&L reports, Balance sheet in real-time

  ### 40. Generally, easy to  use and navigate as well as dynamic to the market needs. Great customer success.

**Rating:** 4.0/5.0 stars

**Reviewed by:** Wycliffe K. | Reconciliation, Small-Business (50 or fewer emp.)

**Reviewed Date:** February 10, 2022

**What do you like best about SoftLedger?**

Very responsive and resourceful customer success.

**What do you dislike about SoftLedger?**

Currency view for subsidiary locations with different currency bank accounts is not easy to navigate.

**What problems is SoftLedger solving and how is that benefiting you?**

Accounting system integration with our software application. This has so far been seamless.

  ### 41. Important system error such as audit trail should be fixed ASALP

**Rating:** 2.5/5.0 stars

**Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.)

**Reviewed Date:** January 26, 2022

**What do you like best about SoftLedger?**

Report function as it is flexible and easy

**What do you dislike about SoftLedger?**

1/Many system errors since the implementation 
2/Cannot download FX rate for FIAT and cannot have clear data source

**What problems is SoftLedger solving and how is that benefiting you?**

A quick review can be done from the top to the bottom as the custom report can drill down from each account.

**Official Response from Ryan Luchs:**

> Thank you for your feedback. I’m very sorry to hear there were errors after your implementation and that you’ve been unable to export the fiat FX rates. This isn’t the experience we want for our customers. Please reach out to our CS team so that they may help resolve this for you.

  ### 42. Great product

**Rating:** 4.5/5.0 stars

**Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.)

**Reviewed Date:** January 14, 2022

**What do you like best about SoftLedger?**

Ability to consolidate accounts and ease of use and great customer service

**What do you dislike about SoftLedger?**

Ability to move more easily between accounts

**What problems is SoftLedger solving and how is that benefiting you?**

After speaking with customer service on a semi-annual basis they have taken my comments and implemented my comments to the system

**Official Response from Ryan Luchs:**

> Thanks for taking the time to leave a review! It’s great to hear that you are benefiting from our consolidation capabilities. Please continue to reach out to our customer service team with any comments you may have. We always love to hear from you!

  ### 43. Simple to use, it’s nice product!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Balbir Singh C. | Business Management Consultant, Technology, Enterprise (> 1000 emp.)

**Reviewed Date:** May 30, 2021

**What do you like best about SoftLedger?**

It's simple to use, user friendly  and it's fast , it just takes less than half of time as compared to previous product we used . It's a good value for money I'd say

**What do you dislike about SoftLedger?**

As of now there is nothing which I can say i don't like it..it's an amazing product.

**Recommendations to others considering SoftLedger:**

I recommend this product if you are looking for something which is fast, reliable. It's customer support team is very friendly in case you require any support.

**What problems is SoftLedger solving and how is that benefiting you?**

It's speed and reporting system is helping us a lot. We wanted to check various reports for management reporting, this tool serves all the purpose.

  ### 44. Most Interactive Features in an Accounting Software

**Rating:** 4.5/5.0 stars

**Reviewed by:** Nikhil J. | Investment Banker, Mid-Market (51-1000 emp.)

**Reviewed Date:** June 08, 2021

**What do you like best about SoftLedger?**

The Interactive UI and Insights provides the best experience. Tools like budgeting, consolidation, payroll processing and revenue recognition help all the respective departments. AR and AP analysis tools and mechanism are icing on the cake.

**What do you dislike about SoftLedger?**

should add more interactive features to make UI one of the best in the industry providing ease of analysis to end-users

**Recommendations to others considering SoftLedger:**

Overall it's a very interactive and helpful tool and stands well amongst the competition

**What problems is SoftLedger solving and how is that benefiting you?**

Easy Consolidation of financials is the most crucial problem solved

  ### 45. Superior Tally

**Rating:** 4.5/5.0 stars

**Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.)

**Reviewed Date:** June 29, 2021

**What do you like best about SoftLedger?**

Editing Feature where we can go back amd and easily edit the entries

**What do you dislike about SoftLedger?**

It has a learning curve which takes some time

**What problems is SoftLedger solving and how is that benefiting you?**

Day to day accounting is done via this in our company

  ### 46. Accounting solution for all business needs

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Information Technology and Services | Mid-Market (51-1000 emp.)

**Reviewed Date:** October 16, 2020

**What do you like best about SoftLedger?**

It is a cloud based solution which helps in all size of business from small to enterprise level,from 1cr to infinity

**What do you dislike about SoftLedger?**

As it is a technology based,might be a bit complicated to understand in the starting

**Recommendations to others considering SoftLedger:**

It should integrate with all vendors

**What problems is SoftLedger solving and how is that benefiting you?**

To prepare a master record for all kind of financial transactions

  ### 47. A lean, mean accounting system (and it handles crypto too)

**Rating:** 5.0/5.0 stars

**Reviewed by:** Christopher M. | Managing Principal, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 02, 2019

**What do you like best about SoftLedger?**

As a trained accountant, I love Softledger.  It provides a clean, simple and effective way to record your accounting entries and keep them straight.  It doesn't provide a lot of handholding like some other systems and that's fine with me.  A lot of those systems get too creative in their approach and can be more confusing if you are familiar with double-entry accounting.  SoftLedger strips away all the fluff and gives the accountant effective control over the books.  I needed very little training to get up and running in the program.  Ben Taylor, the CEO, and his support team are very responsive if you do have any questions and are working hard to make the program even more effective.  One of the few forward-thinking companies to address the proper handling and booking of more advanced issues like crypto-assets, multiple currencies, and intercompany accounting.  Highly recommended.

**What do you dislike about SoftLedger?**

More things I'd like to see rather than dislikes.  It's still a young company and the build-out of some tools still needs to be done.  Integrations with other systems are minimal although here again, if you know what you are doing, SoftLedger does provide webhooks so you can "roll your own."  Likewise, more reports are very basic but you do have the ability to write custom reports.  Finally, while the audit trail is comprehensive, more robust reconciliation tools would be appreciated.  These are all "nice to have" items though; the fundamental system is very complete.

**Recommendations to others considering SoftLedger:**

If you handle crypto in any volume, this should be a front-runner.  But even if you are just running a regular set of books and are comfortable with double-entry accounting, you should take a look at this package.

**What problems is SoftLedger solving and how is that benefiting you?**

Crypto-asset accounting, intercompany accounting, multi-currency accounting, general accounting.

  ### 48. ANTI-ERP!!! Excellence in all business size and level of complexity!!!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Ronaldo B. | Partner Manager, Financial Services, Small-Business (50 or fewer emp.)

**Reviewed Date:** July 08, 2018

**What do you like best about SoftLedger?**

Fast, easy to operate and to manager! SoftLedger is the best system that we found in the market. It is absolutely affordable and it allowed us to work with many accounting models of many corporations in a variety of countries.

**What do you dislike about SoftLedger?**

Rarely it is slow! But it happens. I cannot assure if it is SoftLedger or my internet access.

**Recommendations to others considering SoftLedger:**

It worths using SoftLedger! Make a test and you will realize this.

**What problems is SoftLedger solving and how is that benefiting you?**

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.

  ### 49. Review of Softledger Platform 

**Rating:** 5.0/5.0 stars

**Reviewed by:** Khaled N. | Co Founder, Staffing and Recruiting, Small-Business (50 or fewer emp.)

**Reviewed Date:** June 09, 2017

**What do you like best about SoftLedger?**

We had been using Quickbooks to create financial reports for our investors, which didn't give us much flexibility over the presentation.  In SoftLedger, it is very easy to develop custom financials.  

**What do you dislike about SoftLedger?**

Previously the automated bank feed didn't support our local bank, but that was resolved quickly after we put in the request.

**Recommendations to others considering SoftLedger:**

Give it a try. The support is really good so you can get up and running fairly quickly.

**What problems is SoftLedger solving and how is that benefiting you?**

We needed more robust financial reporting.  SoftLedger's reporting functionality is exactly what we needed.

  ### 50. Intuitively designed

**Rating:** 5.0/5.0 stars

**Reviewed by:** Matthew A. | Senior Manager of FP&A, Information Technology and Services, Mid-Market (51-1000 emp.)

**Reviewed Date:** April 28, 2017

**What do you like best about SoftLedger?**

Seamless integration of historical results into forecasting process. 

**What do you dislike about SoftLedger?**

At this point I do not have any negative feedback.

**What problems is SoftLedger solving and how is that benefiting you?**

SoftLedger helps my team operate much more efficiently.


## SoftLedger Discussions
  - [What is SoftLedger used for?](https://www.g2.com/discussions/what-is-softledger-used-for)

- [View SoftLedger pricing details and edition comparison](https://www.g2.com/products/softledger/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-22+01%3A16%3A22+-0500&secure%5Bsession_id%5D=b55e79b9-5d36-4270-a1a8-3b7c20084c4f&secure%5Btoken%5D=011ef9a6fc4911e339fe65ca77379ed4d16a6545c7f01ffa20a2f9020b7639d6&format=llm_user)
## SoftLedger Integrations
  - [Approveit](https://www.g2.com/products/approveit/reviews)
  - [Cryptotaxcalculator](https://www.g2.com/products/cryptotaxcalculator/reviews)
  - [Microsoft Excel](https://www.g2.com/products/microsoft-excel/reviews)
  - [NODE40](https://www.g2.com/products/node40/reviews)
  - [Plaid](https://www.g2.com/products/plaid/reviews)

## SoftLedger Features
**General Ledger**
- Journal Entries
- Tags / Dimensions
- Audit Trail

**Invoice Management**
- Capture
- Repository

**Cash Flow Management**
- File Exports
- Income and Expenses
- Track Cash Flow

**Accounting**
- AP Automation
- AR Automation
- Audit Trail
- Budgeting / Forecasting
- Collections Automation
- Financial Statements
- Invoice Customization
- Journal Entries
- Monitor Cash Positions
- Multi-Entity / Consolidation
- Payment Processing
- Recognition Rules
- Reconciliations
- Tags / Dimensions
- Payments Scheduling
- Payment Batches
- Payment Settlements 
- Payment Methods

**Warehouse Definition**
- Locations
- Visualization
- Warehouse Slotting

**Computation - Crypto Accounting**
- Automatic Calculation
- Automatic Spot Price Calculation
- Cost Basis & Inventory Tracking

**Agentic AI - Accounting & Finance**
- Autonomous Task Execution

**Accounts Receivable**
- Invoice Customization
- AR Automation
- Collections Automation

**Invoice Processing**
- Matching
- Payments
- Workflows
- Tax Compliance

**Cash Flow Forecasting**
- Historical Data
- Reforecast
- Forecast Types
- Rolling Forecasts
- AI

**Back Office**
- Allocation
- Asset Register
- Lean Management
- Maintenance
- Organization Management
- Payroll
- Portfolio Mix
- Purchase Orders
- Requisition
- Shift Scheduling
- Sourcing
- Status
- Time & Attendance Tracking
- Warranty Management

**Logistics**
- Cross Docking
- Receiving
- Pick & Pack

**Transaction Tracking and Categorization - Crypto Accounting**
- Automatic Transaction Tracking
- Search & Filtering
- Rules-Based Categorization

**Accounts Payable**
- AP Automation
- Payment Processing
- Purchase Orders

**Analytics**
- Due Dates
- KPIs

**Analytics**
- Variance Analysis
- Reports
- Forecast Comparison
- Forward Looking

**Front Office**
- ATP
- Checkout Process
- Configuration Rules
- Contact & Account Management
- Customer Portal
- Field Service Booking
- Field Service Dispatch
- Product & Price List Management
- Product Catalog
- Promotions and Discounts
- Quote & Order Management
- Returns / Refunds

**Analytics**
- Worker performance
- Error Tracking
- Procurement analytics

**Data Integration - Crypto Accounting**
- Integration
- Data Import
- Existing Stack Integration

**Integration**
- Accounting
- Payment Integration
- ERP

**Integration**
- Breadth of Partner Applications
- Data Import and Export Tools
- Integration APIs

**Financial Data Transfer**
- Data Transfer
- Data Exchange
- Reporting
- Access
- Integration

**Inventory Management**
- Customer Portal
- Cycle Counting

**Reporting and Visualization - Crypto Accounting**
- Report Generation
- Real-Time Dashboards
- Report Export
- Collaboration

**Other Functionality**
- Inventory Tracking / Ordering
- Inventory Pricing and Costing
- Inventory Reporting
- Multi-Entity / Consolidation
- Recognition Rules
- Reconciliations
- Payroll
- Time and Expense

**Logistics**
- Centralized Inventory Database
- In Transit
- Inventory Forecasting
- Inventory Pricing and Costing
- Inventory Reporting
- Inventory Tracking / Ordering
- Picking Methods
- Picking Planning
- Receiving
- Shipping Options

**Agentic AI -  Cash Flow Management**
- Autonomous Task Execution

**Reporting & Analytics**
- Financial Statements
- Custom Reporting
- Budgeting / Forecasting
- Dashboards

**Platform**
- Customization
- Internationalization
- Output Document Generation
- Performance and Reliability
- User, Role, and Access Management
- Workflow Capability

**Platform**
- Customization
- Workflow Capability
- User, Role, and Access Management
- Internationalization
- Performance and Reliability
- Output Document Generation

**Production**
- BOM
- Defects
- Identify Demand
- Inspections
- Manage Resources
- MPS
- MRP
- Production Plans
- Rework
- Shop Floor
- Waste
- WIP

**Integration**
- Data Import and Export Tools
- Integration APIs
- Breadth of Partner Applications

**Reporting & Analytics**
- Custom Reporting
- Dashboards
- Integration

**Cash Flow**
- Track Cash Flow
- Income and Expenses
- File Exports

**Generative AI**
- AI Text Generation
- AI Text Summarization

**Inventory Management Platform Features**
- Centralized Inventory Database
- Inventory Level Dashboards
- Stock History Reporting
- Low Stock Notifications
- Bundles, Kits, & Variants
- Inventory Forecasting
- eCommerce Integrations
- Accounting Integrations
- Data Exporting / Importing

**Budgeting & Forecasting**
- Budgeting / Forecasting
- Data Import
- Versioning
- Historical Data

**Agentic AI - ERP Systems**
- Decision Making

**Revenue**
- Revenue Types
- Revenue Allocation
- Scheduling

**Payroll**
- Direct Deposit
- Check/W-2 Printing
- Tax Calculation
- Reporting and Dashboards

**Risk**
- Analysis
- Identification

**AI**
- Data Extraction
- Invoice Processing
- Expense Management
- Fraud Detection
- Tax Compliance
- Support Chatbots
- Bank Reconciliations
- Report Generation
- Customizable Alerts
- Predictive Analytics

**Recovery**
- Reporting

**Mobile Applications - Accounting**
- Cloud Integration
- Notifications
- UI
- Expense Tracking
- Invoice Management

**Audit**
- Filters
- Post Audits
- Overpayments
- Duplicates

**Agentic AI - Accounting**
- Autonomous Task Execution

**Fraud**
- Vendor Checks
- Data Generation
- Monitoring

**Agentic AI - AP Automation**
- Autonomous Task Execution
- Proactive Assistance
- Decision Making

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