Ledge is an AI-powered platform that automates reconciliation, cash application, and journal entries, and seamlessly integrates with Sage Intacct, your banks, payment processors, and internal systems. Designed for controllers and finance teams at fast-moving companies, Ledge fills critical operational gaps by handling high-volume, complex workflows that are often too manual or fragmented in existing systems. With Ledge, finance teams get real-time visibility into their cash, faster close timelines, and fewer manual touchpoints across reconciliation, journal entries, and cash application, all without needing engineering support.
Key Benefits:
AI-Powered Automation
- Achieve a 90%+ reduction in manual work across reconciliation, journal entries, and cash application.
- Maintain continuous real-time reconciliation and eliminate manual journal entry prep.
- Instantly match and post high-volume transactions across banks, Payment Processors, AP, AR, and the GL.
Real-Time Visibility & Control
- Get immediate, actionable insights into your cash position, including funds in transit.
- Proactively identify and resolve exceptions and discrepancies - teams using Ledge report a 50% faster time to resolution.
- Ensure audit readiness with immutable, detailed transaction trails.
Scale Without Limits
- Automate high-volume transaction processing without adding headcount.
- Eliminate manual workflows and Excel-based processes.
- Empower finance teams to own their workflows without reliance on engineering resources.
Account Reconciliation
- Reconcile data across any source to any source—including bank activity, ledger balances, subledgers, and internal systems.
- Eliminate manual checks and spreadsheet tracking with real-time, multi-source reconciliation.
Payment Reconciliation
- Multi-way, continuous transaction matching (one-to-many, many-to-one, many-to-many).
- Real-time reconciliation across all inbound and outbound cash flows, including complex, high-volume transaction scenarios.
Intelligent Cash Application
- Instantly match incoming payments to invoices, even when remittance details are embedded in emails and PDFs.
- Accurately handle partial payments, refunds, chargebacks, and bundled remittances.
AI-Generated Journal Entries
- Automatically create and post all types of journal entries—including intercompany transfers, cash movements, reconciliations, and adjusting entries.
Exception Management
- AI-driven identification and resolution of discrepancies and unmatched transactions.
- Centralized exception workflows to streamline communication and issue resolution.
Comprehensive Data Integration
- Seamlessly integrate your PSPs, banks, ERP systems, and databases into a unified financial execution platform.
- Centralize all financial data for improved visibility and control.
Ease of Implementation
- No engineering required or IT support required; easily configure workflows and rules directly within Ledge.
- Rapid onboarding with direct integration into Sage Intacct and your existing financial systems.
Requirements:
Integrating with this application requires you to use the tech partner’s SenderID. By using the tech partner’s SenderID, you do not need to buy a web services developer license from Sage and your API usage will not count towards your API performance tier. |
Price:
Monthly SaaS fee
Integration Approved Countries:
United States
About:
Ledge was recognized on the 2024 Fintech Innovation 50 list and serves leading companies across SaaS, Fintech, Marketplaces, Insurtech, and more. Ledge is trusted by CFOs, Controllers, and Finance Operations teams to automate and enhance finance processes at scale.
Phone:
Website: https://www.ledge.co
Year Founded: 2022