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Average Ratings 0 Ratings

Total
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

Relying on manual methods for bank reconciliation can be inefficient, especially when dealing with a large number of accounts across various banks. QX QuickReco simplifies this process by automatically importing data and facilitating the matching of transactions to enhance the efficiency of reconciliation. The platform aligns information from general ledger files with bank statement reports, performing automatic matches while also accommodating adjustments for any hidden transactions, like bank fees or charges. Users can conveniently set up and manage multiple accounts from the same financial institution or from different banks. Additionally, the system allows for the integration of newly established accounts, enabling the import of thousands of records from bank statements and bank books for seamless automatic reconciliation. It is also straightforward to enter adjustment entries for payments that do not correspond with invoices. Furthermore, entries can be categorized based on their matching status—whether they were auto-matched, manually matched, or adjusted—providing clarity and organization throughout the reconciliation process. This comprehensive solution ultimately enhances accuracy and saves valuable time for financial professionals.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Adyen
Amazon Redshift
CITI Unify
Chargebee
DocumentIQ
Evolve
Google Sheets
J.P.Morgan Workplace Solutions
JMP Statistical Software
NetSuite
PayPal
QuickBooks Online
Recurly
Sage 100
Salesforce Agentforce Revenue Management
Silicon Valley Bank (SVB)
Stripe
Wells Fargo Business Checking
Workday HCM
Zuora

Integrations

Adyen
Amazon Redshift
CITI Unify
Chargebee
DocumentIQ
Evolve
Google Sheets
J.P.Morgan Workplace Solutions
JMP Statistical Software
NetSuite
PayPal
QuickBooks Online
Recurly
Sage 100
Salesforce Agentforce Revenue Management
Silicon Valley Bank (SVB)
Stripe
Wells Fargo Business Checking
Workday HCM
Zuora

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Ledge

Founded

2022

Country

United States

Website

www.ledge.co

Vendor Details

Company Name

QX Global

Country

United Kingdom

Website

qxglobalgroup.com/product/bank-reconciliation-system/

Product Features

Product Features

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