Live dashboard · 47 cleanups in progress

The math
finally
works.

We turn founder-stage chaos — shoeboxes of receipts, tangled Stripe payouts, missed quarterly estimates — into clean, investor-ready financials that close funding rounds.

See your own numbers like this. ↓

ledger.app/dashboard · Acme Corp (anonymized)
Monthly Burn
$142,000
-18%
Runway
8.2 mo
+3.2 mo
Tax Recovered
$0
YTD
Revenue vs. ExpensesLive
Revenue
Burn Rate
Synced 2s ago · Stripe · Mercury · Gusto
Board-ready ✓
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Interactive Case Studies

Before & After.
Every move, documented.

// Escalates by complexity — find your stage and see exactly what we fixed

01
Solo Founder
Acme SaaS (anonymized)
$2.1MSeed round closed

From shoebox to Series Seed close

18-month backlog of transactions reconciled in 11 days. First investor deck built on real numbers.

Category✗ Before Ledger✓ After Ledger
+Books status
18 months unreconciledReal-time, board-ready
What We Did

Imported 2,847 transactions from Stripe, Mercury, and PayPal. Categorized every line item.

Impact

Investor due diligence: 3 days → same day

+Tax filings
2 years late, $4,200 in penaltiesCurrent + $8,400 R&D credit filed
What We Did

Identified missed R&D credits for SaaS infrastructure spend. Filed amended returns.

Impact

Net recovery: $12,600

+Burn visibility
Founder guessing from bank balanceLive burn rate dashboard, 14-mo runway
What We Did

Connected all payment sources. Auto-categorizes SaaS subscriptions, payroll, contractors.

Impact

Prevented $34K in duplicate vendor payments

+Cap table
Spreadsheet, out of dateCarta-synced, audit-ready
What We Did

Migrated to Carta. Modeled dilution scenarios for seed round.

Impact

Term sheet negotiation: founder walked in prepared

Click any row to see the specific moves we made →Get this cleanup for your books
02
15-Person Team
Bootstrapped SaaS, $1.4M ARR
$0Audit adjustments

QuickBooks graveyard → clean Series A data room

Multi-entity structure untangled. Revenue recognition fixed. Auditors found zero adjustments.

Category✗ Before Ledger✓ After Ledger
+Revenue recognition
Cash basis, mixing MRR + one-timeASC 606 compliant, accrual basis
What We Did

Restated 24 months of revenue under proper GAAP. Separated subscription vs. professional services.

Impact

Reported ARR increased $180K after proper deferred revenue treatment

+Payroll reconciliation
15 employees, 3 contractors, tangledGusto integration, clean W-2/1099 split
What We Did

Resolved misclassification risk for 3 contractors. Retroactive filings completed.

Impact

Avoided $67K in potential payroll tax penalties

+Multi-entity books
Parent + subsidiary commingledConsolidated + entity-level P&L
What We Did

Separated Delaware C-Corp and Canadian entity. Intercompany eliminations automated.

Impact

Series A data room: 2 weeks → 48 hours

+Expense controls
Expensify chaos, no approval flowRamp + policy + real-time categorization
What We Did

Implemented spend policy. Connected Ramp to books with auto-categorization rules.

Impact

$23K in untracked software spend surfaced and cancelled

Click any row to see the specific moves we made →Get this cleanup for your books
03
Post-Series B
Multi-entity SaaS, $8M ARR
$400KCredits recovered

Six cap tables, three entities, one clean close

Fractional CFO support across 3 entities. GAAP audit passed first attempt. $400K in credits recovered.

Category✗ Before Ledger✓ After Ledger
+Multi-entity consolidation
3 entities, 3 accountants, no single viewConsolidated dashboard, automated eliminations
What We Did

Built consolidation model in NetSuite. Automated intercompany entries across US, UK, Canada.

Impact

Board reporting time: 5 days → 4 hours

+R&D tax credits
Never filed, "too complicated"$400K in federal + state credits recovered
What We Did

Conducted QRE study across engineering team. Filed amended federal + CA returns.

Impact

ROI on engagement: 12x in first year

+Series B audit
Big 4 audit: 6-week processPassed first attempt, zero material weaknesses
What We Did

Pre-audit prep: documented all controls, prepared PBC list, managed auditor requests.

Impact

Series B close timeline accelerated by 3 weeks

+Fractional CFO coverage
VP Finance + 3 junior accountantsLedger CFO team at 40% of cost
What We Did

Board presentations, investor updates, covenant compliance, cash flow forecasting.

Impact

Annual savings vs. full-time CFO: $180K

Click any row to see the specific moves we made →Get this cleanup for your books
01
$0
Audit Adjustments
across 47 Series A/B audits in 2025
02
$0.0M
Tax Credits Recovered
R&D, QSBS, and state credits YTD
03
0hr
Average Cleanup Time
from chaos to board-ready books
04
0%
Rounds That Closed
when we prepped the data room
Founder Stories

The exhale when the
math finally works.

"I handed them a Google Drive folder with 18 months of receipts and a Stripe dashboard I'd never actually understood. Three weeks later I was presenting clean financials to a16z."

Marcus Webb, Founder & CEO at Clearpath Analytics
Marcus Webb
Founder & CEO · Clearpath Analytics
$3.2M
Seed closed

"We crossed $1M ARR and realized our QuickBooks was a disaster. Ledger found $67K in payroll tax exposure we didn't know existed and fixed it before our Series A diligence."

Priya Nair, Co-Founder at Stackline SaaS
Priya Nair
Co-Founder · Stackline SaaS
$67K
Penalty avoided

"As a fractional CFO juggling six clients, I needed a firm that could move at startup speed. Ledger turned around a 3-entity consolidation in 48 hours. My clients think I'm a wizard."

Daniel Okafor, Fractional CFO at Okafor Advisory
Daniel Okafor
Fractional CFO · Okafor Advisory
48hr
3-entity consolidation

"The R&D credit study alone paid for three years of service. I genuinely had no idea we qualified. The Ledger team found $180K across two amended returns."

Sofia Reyes, CTO & Co-Founder at Nexus Build
Sofia Reyes
CTO & Co-Founder · Nexus Build
$180K
R&D credits recovered

"Our Series B audit passed first attempt. Zero material weaknesses. The Big 4 auditors told us it was the best-prepared package they'd seen from a company our size."

James Chen, VP Finance at Meridian Cloud
James Chen
VP Finance · Meridian Cloud
Zero
Audit adjustments

"I was running six cap tables before lunch and losing my mind. Ledger built a consolidation model that auto-syncs across all my clients. I actually sleep now."

Aisha Thompson, Fractional CFO at Thompson Finance Group
Aisha Thompson
Fractional CFO · Thompson Finance Group
6x
Client capacity increase

"I handed them a Google Drive folder with 18 months of receipts and a Stripe dashboard I'd never actually understood. Three weeks later I was presenting clean financials to a16z."

Marcus Webb, Founder & CEO at Clearpath Analytics
Marcus Webb
Founder & CEO · Clearpath Analytics
$3.2M
Seed closed

"We crossed $1M ARR and realized our QuickBooks was a disaster. Ledger found $67K in payroll tax exposure we didn't know existed and fixed it before our Series A diligence."

Priya Nair, Co-Founder at Stackline SaaS
Priya Nair
Co-Founder · Stackline SaaS
$67K
Penalty avoided

"As a fractional CFO juggling six clients, I needed a firm that could move at startup speed. Ledger turned around a 3-entity consolidation in 48 hours. My clients think I'm a wizard."

Daniel Okafor, Fractional CFO at Okafor Advisory
Daniel Okafor
Fractional CFO · Okafor Advisory
48hr
3-entity consolidation

"The R&D credit study alone paid for three years of service. I genuinely had no idea we qualified. The Ledger team found $180K across two amended returns."

Sofia Reyes, CTO & Co-Founder at Nexus Build
Sofia Reyes
CTO & Co-Founder · Nexus Build
$180K
R&D credits recovered

"Our Series B audit passed first attempt. Zero material weaknesses. The Big 4 auditors told us it was the best-prepared package they'd seen from a company our size."

James Chen, VP Finance at Meridian Cloud
James Chen
VP Finance · Meridian Cloud
Zero
Audit adjustments

"I was running six cap tables before lunch and losing my mind. Ledger built a consolidation model that auto-syncs across all my clients. I actually sleep now."

Aisha Thompson, Fractional CFO at Thompson Finance Group
Aisha Thompson
Fractional CFO · Thompson Finance Group
6x
Client capacity increase

"I was running six cap tables before lunch and losing my mind. Ledger built a consolidation model that auto-syncs across all my clients. I actually sleep now."

Aisha Thompson, Fractional CFO at Thompson Finance Group
Aisha Thompson
Fractional CFO · Thompson Finance Group
6x
Client capacity increase

"Our Series B audit passed first attempt. Zero material weaknesses. The Big 4 auditors told us it was the best-prepared package they'd seen from a company our size."

James Chen, VP Finance at Meridian Cloud
James Chen
VP Finance · Meridian Cloud
Zero
Audit adjustments

"The R&D credit study alone paid for three years of service. I genuinely had no idea we qualified. The Ledger team found $180K across two amended returns."

Sofia Reyes, CTO & Co-Founder at Nexus Build
Sofia Reyes
CTO & Co-Founder · Nexus Build
$180K
R&D credits recovered

"As a fractional CFO juggling six clients, I needed a firm that could move at startup speed. Ledger turned around a 3-entity consolidation in 48 hours. My clients think I'm a wizard."

Daniel Okafor, Fractional CFO at Okafor Advisory
Daniel Okafor
Fractional CFO · Okafor Advisory
48hr
3-entity consolidation

"We crossed $1M ARR and realized our QuickBooks was a disaster. Ledger found $67K in payroll tax exposure we didn't know existed and fixed it before our Series A diligence."

Priya Nair, Co-Founder at Stackline SaaS
Priya Nair
Co-Founder · Stackline SaaS
$67K
Penalty avoided

"I handed them a Google Drive folder with 18 months of receipts and a Stripe dashboard I'd never actually understood. Three weeks later I was presenting clean financials to a16z."

Marcus Webb, Founder & CEO at Clearpath Analytics
Marcus Webb
Founder & CEO · Clearpath Analytics
$3.2M
Seed closed

"I was running six cap tables before lunch and losing my mind. Ledger built a consolidation model that auto-syncs across all my clients. I actually sleep now."

Aisha Thompson, Fractional CFO at Thompson Finance Group
Aisha Thompson
Fractional CFO · Thompson Finance Group
6x
Client capacity increase

"Our Series B audit passed first attempt. Zero material weaknesses. The Big 4 auditors told us it was the best-prepared package they'd seen from a company our size."

James Chen, VP Finance at Meridian Cloud
James Chen
VP Finance · Meridian Cloud
Zero
Audit adjustments

"The R&D credit study alone paid for three years of service. I genuinely had no idea we qualified. The Ledger team found $180K across two amended returns."

Sofia Reyes, CTO & Co-Founder at Nexus Build
Sofia Reyes
CTO & Co-Founder · Nexus Build
$180K
R&D credits recovered

"As a fractional CFO juggling six clients, I needed a firm that could move at startup speed. Ledger turned around a 3-entity consolidation in 48 hours. My clients think I'm a wizard."

Daniel Okafor, Fractional CFO at Okafor Advisory
Daniel Okafor
Fractional CFO · Okafor Advisory
48hr
3-entity consolidation

"We crossed $1M ARR and realized our QuickBooks was a disaster. Ledger found $67K in payroll tax exposure we didn't know existed and fixed it before our Series A diligence."

Priya Nair, Co-Founder at Stackline SaaS
Priya Nair
Co-Founder · Stackline SaaS
$67K
Penalty avoided

"I handed them a Google Drive folder with 18 months of receipts and a Stripe dashboard I'd never actually understood. Three weeks later I was presenting clean financials to a16z."

Marcus Webb, Founder & CEO at Clearpath Analytics
Marcus Webb
Founder & CEO · Clearpath Analytics
$3.2M
Seed closed
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