Ledger-as-a-Service (LaaS)
Infrastructure-as-Code for accounting that provides pre-built, immutable double-entry accounting primitives via API.
Key Details
- LaaS provides pre-built, immutable double-entry ledger infrastructure via API, eliminating the need to build financial record-keeping from scratch
- Core capabilities include multi-currency support, multi-entity management, programmable accounting rules, and real-time balance queries
- Analogous to Database-as-a-Service — abstracts away the complexity of building and maintaining financial data infrastructure
- Particularly valuable for fintechs that need ledger capabilities but where the ledger itself is not their core product differentiation
- Compliance features typically include SOC 2 certification, immutable audit trails, and configurable retention policies