SoftLedger provides accounting software and APIs that give companies real-time visibility into their critical financial data, including specialized support for cryptocurrency transactions.
SoftLedger faced two key challenges in offering a comprehensive crypto accounting solution:
Delivering precise and up-to-date cryptocurrency data for accurate financial reporting, seamless digital asset management, and compliance with tax and reporting requirements.
Streamlining the integration process to support multiple exchanges, wallets, and blockchains, without diverting resources from core product development.
Vezgo's API integration proved to be the perfect solution for SoftLedger, allowing them to efficiently manage cryptocurrency data without the need for an in-house team dedicated to handling data and dealing with sophisticated APIs.
This collaboration not only eliminated expenses related to building, maintaining, and infrastructure costs, but also allowed SoftLedger to focus on its core competencies and deliver an exceptional crypto accounting experience that meets the unique needs of decentralized finance.
By partnering with Vezgo, SoftLedger is gaining a competitive advantage in the marketplace while enhancing the value it delivers to its users, ensuring they can focus on growing their business without worrying about the technical challenges of managing crypto data.
As a leading crypto accounting software, SoftLedger understands the
critical role that data quality plays in delivering accurate,
reliable, and actionable financial insights to its users.
High quality data is essential to maintain trust in the system and ensure that users can make informed decisions based on accurate information. Softledger's confidence in Vezgo is based on four criteria.
SoftLedger's focus on data quality ensures that users receive accurate and error-free information, which is crucial for making informed decisions about their crypto investments and transactions.
By guaranteeing data availability, SoftLedger ensures that users can access the required information when they need it, without encountering any downtime or delays, which is vital for real-time decision-making in the fast-paced world of cryptocurrencies.
Maintaining data integrity is crucial for SoftLedger, as it ensures that the information provided to users is consistent, accurate, and unaltered, preventing any misinterpretation or manipulation that could lead to incorrect decisions or financial losses.
SoftLedger recognizes the importance of data freshness, ensuring that users receive the most up-to-date information about their cryptocurrency transactions, market rates, and asset valuations, allowing them to stay ahead in the dynamic world of digital assets.
"When assessing the needs of our customers, it quickly became clear
that making connections directly with blockchains, exchanges, and
wallets would make their lives easier and books more accurate. With
so many different providers, we knew we did not want to take on
building and maintaining connections with each source's API, or
running nodes for countless chains.
With that, we were incredibly happy to find Vezgo taking on this challenge, and work with them as the data rails and data standardization partner to aggregate raw crypto data for our crypto module to ingest."
Travis Lander, VP of Customer Success at SoftLedger
A single API for all crypto integrations.
Security is at the heart of SoftLedger and Vezgo’s products. All data is secured and encrypted with bank level security.
Vezgo ensures that every connection returns the exact same data format, providing unmatched reliability and data consistency.
Supporting exchanges, wallets and protocols takes months of design and development. Vezgo is a single integration that prevents SoftLedger from spending key resources on integrations.
Vezgo is constantly adding support for new exchanges, wallets and protocols, which means SoftLedger always has the latest for its users.
SoftLedger allows users to connect their crypto platform with Vezgo's Connect Flow. The SDK allows SoftLedger to put its own logo and custom instructions for each connector.
Users connect their accounts using the suggested authentication method.
That’s all. Users can now see their accounts, balances, and transactions in the SoftLedger dashboard.
You have questions? Let’s talk, email us at email@example.com