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Bitwave

Enterprise crypto accounting and tax compliance, simplified

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Accounting

Sub-Ledger

(As per information listed on the website and/or provided by the Company)

What is it?

Bitwave is a leading digital asset sub-ledger and on-chain finance platform. Built for enterprises and institutions, Bitwave delivers the reliability, security, and control demanded by today’s leading finance teams.

Bitwave automates on-chain accounting workflows, streamlines regulatory compliance, and simplifies tax reporting complexity with a comprehensive, audit-ready platform.

What problem does it solve?

  • Manual transaction tracking and calculations
  • Evolving regulatory compliance with IFRS, GAAP, FASB, and more
  • Lack of enterprise controls for on-chain transaction management

Feature Highlights

With Bitwave, your transaction reporting data is effortlessly auditable, accurate, and complete.

1. Secure Node Infrastructure

Total data completeness and transparency – straight from the source.

2. High-Volume Transaction Capabilities

Scale smartly with Bitwave’s capability to organize and orchestrate your high-volume transaction data.

3. Instant, Audit-Ready Reporting & Regulatory Compliance

From IFRS, GAAP, FASB, and more, Bitwave enables immediate regulatory compliance with their deeply-granular reporting capabilities.

4. SOC 1 & 2 Controls

Bitwave has done the work to enable a smoother audit processes with fully-transparent service organization controls and processes.

How it works

Bitwave mitigates risk and increases efficiency for financial teams at every level – from accounting and treasury to FP&A and operations.

Their proprietary Data Fusion capability allows you to integrate and augment data from any source. Get complete visibility across your on-chain financial landscape by effortlessly combining internal sources (like Snowflake) with third-party pricing engines, data warehouses, and more.

  1. Aggregate your data sources from every corner – across databases, exchanges, ledgers, warehouses, and more. Explore raw data with audit-ready granularity and control. No more spreadsheet tracking.
  2. Process your data into a clean, usable format – AND enrich it with your own custom touches, like internal order IDs, pricing data, or pre-tagged transaction info. Create auditable, custom calculations and schemas that can be downloaded at every step and shared with your team.
  3. Integrate your processed data right into Bitwave for audit-ready financial reporting and analysis – set up automatic syncing on an hourly, daily, or weekly basis. Their financial platform directly integrates with your ERP system (QuickBooks, Oracle NetSuite, Sage, Xero) to streamline your accounting and tax workflows.