--- description: Review of SoftLedger Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: SoftLedger | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Accounting Software for Small Business](/directory/506/small-business/software) > [SoftLedger](/software/46869/softledger) # SoftLedger Canonical: https://www.softwareadvice.ie/software/46869/softledger Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/46869/softledger?page=2) > SoftLedger is a cloud-based accounting solution for small to midsize businesses. Key features include accounts payable and receivable, general ledger, financial reporting, consolidation reporting and inventory management. SoftLedger is able to automate billing and collections by syncing accounting and operations. Users can track vendor billing and gain insight into how expenses match up to budgets. The solution also supports usage-based billing and offers general ledger functionality. Financial reporting is driven directly from the financial system of record to provide real-time data. SoftLedger is able to directly connect with banks and provide detailed information on cash flow. As transactions are recorded for various business segments, the related journal entries instantly roll into financial statements. The system can automate sub ledgers, accept payments from customers and pay vendors in the best available method, book foreign currency exchange gains and losses and report on every entity in real time. > > Verdict: Rated **4.7/5** by 15 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.7/5** | 15 Reviews | | Ease of Use | 4.7/5 | Based on overall reviews | | Customer Support | 4.8/5 | Based on overall reviews | | Value for Money | 4.7/5 | Based on overall reviews | | Features | 4.5/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: SoftLedger - **Location**: Santa Monica, US - **Founded**: 2016 ## Commercial Context - **Target Audience**: 2–10, 11–50, 51–200, 201–500 - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: Australia, Canada, China, France, Germany, Hong Kong SAR China, India, Indonesia, Ireland, Italy, Japan, Kenya, Mexico, Netherlands, New Zealand, Nigeria, Philippines, Singapore, South Africa, United Arab Emirates and 2 more ## Features - AI/Machine Learning - API - Access Controls/Permissions - Accounting - Accounts Payable - Accounts Receivable - Activity Dashboard - Activity Tracking - Approval Process Control - Audit Management - Audit Trail - Bank Reconciliation - Billing & Invoicing - Budget Tracking - Budgeting/Forecasting - Business Process Automation - Cash Flow Management - Cash Management - Chart of Accounts - Compliance Management ## Integrations (6 total) - Approveit - Cratoflow - Expensify - Plaid - Stripe - WorkOS ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat ## Category - [Accounting Software for Small Business](https://www.softwareadvice.ie/directory/506/small-business/software) ## Related Categories - [Accounting Software for Small Business](https://www.softwareadvice.ie/directory/506/small-business/software) - [General Ledger Software](https://www.softwareadvice.ie/directory/1941/general-ledger/software) - [Online Accounting Software](https://www.softwareadvice.ie/directory/348/online-accounting-software/software) - [Invoicing Software for Small Business](https://www.softwareadvice.ie/directory/3687/small-business-invoicing/software) - [Enterprise Accounting Software](https://www.softwareadvice.ie/directory/4001/enterprise/software) ## Alternatives 1. [NetSuite](https://www.softwareadvice.ie/software/25483/netsuite-wholesale-distribution-edition) — 4.2/5 (2041 reviews) 2. [Zoho Books](https://www.softwareadvice.ie/software/392386/zoho-books) — 4.4/5 (672 reviews) 3. [QuickBooks Enterprise](https://www.softwareadvice.ie/software/49801/qb-enterprise) — 4.5/5 (20639 reviews) 4. [Xero](https://www.softwareadvice.ie/software/2976/xero) — 4.4/5 (3292 reviews) 5. [QuickBooks Online Advanced](https://www.softwareadvice.ie/software/49805/quickbooks-online-advanced) — 4.4/5 (1043 reviews) ## Reviews ### "Fast, easy to operate and to manager\! It is absolutely affordable and reliable\!" — 5.0/5 > **Ronaldo** | *9 July 2018* | Recommendation rating: 10.0/10 > > **Pros**: SoftLedger is the best system that we found in the market. It allowed us to work with many accounting models of many corporations in a variety of countries. It is easy to generate reports and consolidate the financial accountings perfectly. It is simple to access and to operate. It is flexible and absolutely free to create a tailor made accounting. > > **Cons**: It is not a multi-currency system. Rarely it is slow\! But it happens. I cannot assure if it is SoftLedger or my internet access. > > 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. ----- ### "Easy to use, no frills software for managing procurement, accounting, and inventory management." — 5.0/5 > **Matthew** | *16 March 2021* | Oil & Energy | Recommendation rating: 10.0/10 > > **Pros**: How easy it is to use. It took us less than 5% the time understand and implement Soft Ledger than it took us to implement and train for SAP and Microsoft AX. We also love how it is customizable and doesn't have the barriers that other softwares had. With SAP/Microsoft AX, we had to adjust our procurement policies and procedures just to fit in with their systems. With Soft Ledger we were able to very easily customize it so that we could maximize efficiency. > > **Cons**: Nothing. Is is very easy to use and can be as simple or as heavy of a tool as the user would like it to be. > > Very satisfied. We spend significantly less time operating in Soft Ledger than our previous systems because they're so much easier to use. Especially with Procurement and Inventory Mgt, this frees up time for our team to focus actually on contracting, cash flow, logistics, inventory mgt, etc., instead of spending hours in our system just to create PO's or inventory. ----- ### "Good features and works smoothly, but not worth the cost" — 4.0/5 > **Verified Reviewer** | *10 June 2022* | Accounting | Recommendation rating: 0.0/10 > > **Pros**: The cryptocurrency cost basis tracking is great. > > **Cons**: They don't have many apps that will sync with this. Their pricing doesn't make sense... 5 organization and only 3 users?? It's like the hotdog-bun scenario. The cost for extra users is ridiculous and you HAVE to purchase 5 organization. > > Meh... Using Xero or Quickbooks is a much better investment with their add ons and capability. When I chatted with a sales rep they made a big deal about how they were different than QBO or Xero, but it wasn't that big of a deal. ----- ### "Great accounting package for a small, global business." — 4.0/5 > **Steven** | *19 March 2021* | Information Technology & Services | Recommendation rating: 10.0/10 > > **Pros**: The ability to easily convert fx transaction and consolidate across various entities. Also journal entry upload with excel was super easy. > > **Cons**: The AP and AR reports are really bare. More flexibility in report building would be much better. > > Really positive experience. It took me about 6 weeks to have the platform up and running from our old accounting system just in time for our first half year report. ----- ### "Great Product- Better Service" — 5.0/5 > **Christopher** | *17 March 2021* | Consumer Goods | Recommendation rating: 10.0/10 > > **Pros**: The product is fantastic, however, the best part is how communicative the team is. When I have a question, issue, or suggestion they are in contact almost immediately. > > **Cons**: This might be a feature that I don't know but ability to clone products or different docs. > > Overall experience with SoftLedger has been fantastic. It has so many capabilities and when you need to address an issue with the team or something adjusted they are always in touch almost immediately. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/46869/softledger?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/46869/softledger) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data