June 19, 2024

Mastering Modern Accounting Dynamics

On this episode of the Gross Profit Podcast, James Kennedy sits down with Ben Taylor, CEO & Co-Founder of SoftLedger. They delve into the nuances of evolving accounting software, the transition challenges from basic systems like QuickBooks to more sophisticated platforms like NetSuite, and the dynamic management of digital assets in the realm of cryptocurrency.
Gross Profit Podcast
The Gross Profit Podcast
Mastering Modern Accounting Dynamics
Loading
/

Show Notes

This week, James Kennedy chats with Ben Taylor, CEO & Co-Founder of SoftLedger. They delve into the nuances of evolving accounting software, the transition challenges from basic systems like QuickBooks to more sophisticated platforms like NetSuite, and the dynamic management of digital assets in the realm of cryptocurrency.

About Ben Taylor: Ben Taylor is the visionary CEO and Co-Founder of SoftLedger, a cloud accounting software designed to meet the needs of small to medium enterprises looking to upgrade from platforms like QuickBooks or Xero. SoftLedger is recognized for its powerful yet user-friendly approach, providing an appealing alternative to more complex systems such as NetSuite and Sage Intacct.

About SoftLedger: SoftLedger is integrated cloud accounting software that streamlines business management for CFOs and controllers. With its robust functionality and user-friendly interface, it provides a seamless transition for businesses upgrading their accounting solutions to handle more complex financial landscapes.

What You’ll Learn:

  1. Transitioning Accounting Systems: The key considerations and challenges businesses face when moving from platforms like QuickBooks to advanced systems like NetSuite.
  2. Cryptocurrency in Accounting: How businesses can effectively manage digital assets amidst the rapidly evolving cryptocurrency market.
  3. User-Friendly Accounting Solutions: Insights into developing accounting software that enhances user experience without adding complexity to their operations.

Episode Highlights:

  • “Ben, what are the most common challenges your clients face when transitioning to more advanced accounting platforms?”
  • “How does SoftLedger address the growing need for managing digital assets in business accounting?”
  • “What inspired the creation of SoftLedger, and how does it simplify complex financial tasks for users?”

Beyond SoftLedger, Ben Taylor’s commitment to innovation in financial technology drives his mission to offer scalable and efficient solutions to modern businesses. His expertise is crucial for companies navigating the intricate requirements of today’s financial environments.

This podcast is tagged under:

The Gross Profit Podcast

More Episodes

Merushka Chetty

Hillel Steiner – This Israeli CFO Secret Could Double Your Profits

This week James sits down with Hillel Steiner, founder of ProfitUp Financials and a fractional CFO based in Israel, to discuss the surprising advantages of working with international finance talent. Together, they dive into the differences between U.S. and Israeli business cultures, what founders often get wrong about funding, and how having a strong financial strategy can be the difference between staying stuck and scaling up.
Hillel also walks through a real-life case study of a BI company stuck in a high-revenue, low-profit cycle – and how he helped them transform by refocusing their service model and aligning their team more efficiently.
Stick around to the end for a massive bonus offer from Hillel that’s perfect for growing service-based companies.

Listen Now »
Merushka Chetty

Patrick Arnold – 7M Sales, Zero Profit: The Fix 

This week James sits down with Patrick Arnold, Director of Client Advisory Services at Elliott Davis, to explore the power of Client Advisory Services (CAS) and its game-changing impact on business profitability. Patrick shares an engaging case study of how he helped a golf cart business in South Carolina go from stagnant growth to seven-figure annual distributions – all by optimizing inventory, restructuring financial processes, and leveraging technology for smarter decision-making.
They also dive into the role of CAS in modern accounting, the evolution of public accounting firms to include more strategic, forward-thinking advisory, and how business owners can unlock hidden cash flow by better managing working capital.

Listen Now »
Merushka Chetty

Chris May – Fake CFOs Exposed: How to Spot the Difference

This week James sits down with Chris May, founder and CEO of Quadrant Advisory, to explore what separates real CFO strategy from everyday accounting. From turning around a $50M political consulting firm to navigating tricky incumbent finance teams, Chris shares practical advice for business leaders and fractional CFOs alike.
Together, they unpack key finance tools like sensitivity analysis, working capital management, and how to tell whether your books are just “done” – or actually useful. Chris also walks us through his own acquisition of a bookkeeping SaaS and what it taught him about keeping services laser-focused.

Listen Now »