Business Challenge
Traditionally, family accounting offices and investment firms have dedicated long hours at their desks, toggling between softwares and screens to manually transfer portfolio data into general ledgers. KnowLedger aimed to provide one, pain-point free solution for accountants trapped in the perpetual loop of compiling reports, resolving data errors, and manually moving transactions. By offering clients the power to automatically integrate their portfolios and investment activity into general ledger journal entries, accountants could refocus their energy on reviewing data, and improving returns, instead of relocating numbers. But in order to successfully serve their clientbase, KnowLedger needed a platform with a combination of flexible technology and accounting oversight.
