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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Ledge is a finance operations platform driven by AI, aimed at assisting finance teams in streamlining and expediting their month-end closing processes and managing high-volume operational tasks. Instead of relying on spreadsheets for each cycle, Ledge’s smart agents take the initiative to automatically fill in reconciliations, journal entries, cash application matches, and working papers by utilizing data from interconnected bank, ERP, billing, and payment processing systems, ensuring that when your team accesses the checklist, a significant portion of the groundwork is already laid. It enables ongoing account reconciliation, daily cash application, and features a close checklist that functions like an intelligent workbench; pre-completed tasks simplify the process, exceptions are highlighted, approvals are monitored, and audit trails connect every item back to the original transactions. Consequently, finance teams can transition from a reactive, last-minute rush at the end of the month to a more proactive and insightful review process that is context-rich, robust in controls, satisfying for auditors, and conducive to timely decision-making. This shift not only enhances efficiency but also contributes to a more strategic approach to finance management.

Description

Reconciling accounts accurately and pinpointing the reasons for missing funds before financial statements are issued can be quite complex, particularly when spreadsheets are involved in the process. The reconciliation steps required are often laborious, and spreadsheets tend to be cumbersome, susceptible to errors, lack security, are hard to verify, and can be processed inconsistently. Moreover, in today's regulatory landscape, which is heavily influenced by compliance mandates like Sarbanes-Oxley (SOX) and various other regulations, the focus on internal controls, data safety, and process efficiency is set to intensify. Consequently, undetected mistakes and inadequate reconciliation compliance can swiftly result in severe repercussions. To address these challenges, T-Recs by Trintech provides a comprehensive control framework that supports daily, monthly, and periodic reconciliation efforts, ensuring accuracy and efficiency in the process. This solution is designed to mitigate risks and enhance the reliability of financial reporting.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Adyen Yes 
CITI Unify Yes 
Chargebee Yes 
Checkout.com Yes 
DocumentIQ Yes 
Evolve Yes 
Google Cloud BigQuery Yes 
Google Sheets Yes 
J.P.Morgan Workplace Solutions Yes 
NetSuite Yes 
QuickBooks Online Yes 
Recurly Yes 
Sage 100 Yes 
Salesforce Agentforce Revenue Management Yes 
Silicon Valley Bank (SVB) Yes 
Stripe Yes 
Trintech No 
Wells Fargo Business Checking Yes 
Workday HCM Yes 
Xero Yes 

Integrations

Adyen No 
CITI Unify No 
Chargebee No 
Checkout.com No 
DocumentIQ No 
Evolve No 
Google Cloud BigQuery No 
Google Sheets No 
J.P.Morgan Workplace Solutions No 
NetSuite No 
QuickBooks Online No 
Recurly No 
Sage 100 No 
Salesforce Agentforce Revenue Management No 
Silicon Valley Bank (SVB) No 
Stripe No 
Trintech Yes 
Wells Fargo Business Checking No 
Workday HCM No 
Xero No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Ledge

Founded

2022

Country

United States

Website

www.ledge.co

Vendor Details

Company Name

Trintech

Website

www.trintech.com/brochure/t-recs-brochure/

Product Features

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Alternatives