The first of its kind deal platform for buyers and providers of professional services
Buyers of professional services want to get great results at a fair price. Providers want to be compensated for their work, so they can run a business. Nobody ever wanted to spend their time writing, checking, explaining or debating invoices, monitoring budgets, clarifying contract agreements, updating projections or conducting counterparty due-diligence.
trueLedger provides an innovative deal platform empowering buyers and vendors to rely on a single source of truth with great benefits for both of them:
Crystal clear contracts, no gray zones, no surprises
Full collaboration, so all transactions are covered and nothing gets lost
Transparency in real-time, so everybody knows instantly what's going on
Full automation of admin tasks - including invoices, which are guaranteed to be always correct
Incredible features to make your life easier
A fully digitized contract - no matter the terms you have negotiated
Commercials are clear, no gray-zones, no surprises
Everything accessible to both engagement parties
Contract simulation & comparison of offers
Simulation and precise forecasting of costs/revenues for any scenario
Visualized comparison of different offers or contract versions
Cost / revenue control & projections
Immediate visibility of incurred costs/revenues
Sophisticated projections providing forecasts, accruals, comparison with budgets, etc.
Automation & integration
Always correct Invoices (auto-generated)
Electronic contract management covering creation, signature, termination, cancelation, changes, and other transactions
Central contract repository
Option to integrate with other systems
Big data mining and advanced analytics in totally new dimensions
Financial impact analysis including precise cash-flows, contractual term analysis and many more
Trust & security
State of the art technology
Financial Services-level security
A neutral, trusted service
Independent Swiss company
All data stored in Switzerland and the EU
By industry experts for industry experts
Designed to tackle the biggest pain points in the day-2-day management of professional service relationships - by founders who have worked on both sides.
Built around your needs
Supporting all important steps during the lifecycle of an engagement, covering all contract types known to the industry with an open architecture - ready to integrate with your existing systems.
Try it out easily
Very quick setup: No upfront cost, minimal setup effort; can be tried and tested easily.
Whether you are a buyer inviting your vendors or the other way around, onboarding to the platform is quick and easy for everybody - and we won't hold you hostage afterwards!
For buyers of professional services
Know what’s going on in realtime and instantly access the details.
Detect unwanted developments early and avoid unnecessary cost.
You always stay in control of your engagements. So you have all the checks at hand to build the trust that you would like to establish.
Eliminate manual invoice checks, budget updates, spend analysis, forecasts, projections and other admin burden. Free up time to focus on what matters.
Comparison of offers/contracts
Compare multiple offers or different versions of a proposal visually for different scenarios.
Central contract management
Find all your contracts in a central place - including a full history of changes made.
Sign contracts electronically. Then change, terminate, cancel, update, or extend them. All with a few clicks
Benefitting everyone in your organization
Whether you are in procurement, finance/cost controlling or managing the work of professional service providers – enjoy great features and reporting tailored to your needs
Your corporate governance, (signing authorities, preferred vendor approvals, etc.) is fully governed in the system
No matter where you stand in the evolution of your procurement and external workforce management capabilities, trueLedger will positively impact the outcome and value of your engagements and help reduce cost along the way:
For providers of professional services
Build trust through transparency
With no extra effort on your side, your clients can instantly follow the progression of your work. The current status, progress made, and the amount invoiced next time will never be a surprise. A good feeling for everybody and the best way to win more business.
Do you have contracts with outcome-based terms making your revenue forecasting difficult? Get precise forecasts based on the actual terms of your engagements and keep full control of your revenue streams.
Do you need to better understand the profitability of your business? Analyze revenues per resource under different scenarios, understand and optimize your profitability.
Automatic invoice creation
Do you create invoices manually? Get them generated automatically - even with complex terms - and avoid possible errors, which either cost you money or the trust of your clients.
Reduced time to cash
Your clients take forever to pay invoices as they need to manually check and approve them first? trueLedger invoices are guaranteed to always be correct – no checks needed anymore!
Improve your day-to-day collaboration, save a lot of time and take your client relationships to a new level - winning more business with trust and transparency!