Ledgerment Company Profile

Background

Ledgerment is a Houston-based accounting firm dedicated to simplifying financial management for small businesses. Founded in 2023 by Paul and Kim Raath, the company leverages Wall Street expertise to support Main Street enterprises. Their mission is to provide professional accounting, tax, bookkeeping, and payroll services, enabling business owners to focus on growth while ensuring financial clarity and compliance.

Key Strategic Focus

Ledgerment specializes in comprehensive financial services tailored for small and midsize businesses across various industries, including architecture, engineering, legal, fitness, landscaping, hospitality, online retail, healthcare, and professional services. Their core objectives include reducing client stress, saving time, boosting profits, and ensuring compliance through timely financial data and strategic advisory services.

Financials and Funding

As a privately held company, Ledgerment has not publicly disclosed specific financial details or funding history. The firm operates on a bi-weekly billing cycle, with base plans starting at $200 per cycle, covering essential accounting services. Additional services such as individual tax returns, sales tax management, payroll, and business advisory are available as customizable add-ons.

Pipeline Development

Ledgerment continually enhances its service offerings to meet the evolving needs of small businesses. Recent developments include the integration of advanced financial technologies and the expansion of advisory services to support business growth and strategic planning.

Technological Platform and Innovation

The firm utilizes a suite of modern financial tools to deliver efficient and accurate services:

Accounting and Bookkeeping: QuickBooks Online, Xero

Receipt and Invoice Processing: Dext

Accounts Payable Management: Bill.com

Payroll Solutions: Gusto, ADP Run

E-commerce Accounting: Shopify, A2X

Expense Management and Business Banking: Ramp, Rho

These technologies ensure clients have real-time access to financial data, facilitating informed decision-making and streamlined operations.

Leadership Team

Paul Raath, President

Paul brings a wealth of experience from his background as an M&A Investment Banker and Big 4 accountant. Raised in a small South African town on a family-run farm, he has a deep connection to small businesses. His educational credentials include an MBA in Finance & Strategy from Rice Business and a Master’s in Accounting from Arkansas State University.

Kim Raath, Managing Director

Kim is a seasoned entrepreneur with a strong academic and technological background. She holds an MA in Economics and a PhD in Statistics from Rice University. Her experience includes serving as CTO at Imperative and co-founding Topl.

Leadership Changes

In May 2025, co-founder Kim Raath deepened her commitment to Ledgerment, focusing on enhancing small business financial clarity.

Competitor Profile

Market Insights and Dynamics

The small business accounting services market is characterized by a growing demand for comprehensive, technology-driven solutions that offer efficiency, compliance, and strategic financial insights. Businesses seek partners who can provide tailored services to navigate complex financial landscapes.

Competitor Analysis

While specific competitors are not detailed in the provided information, Ledgerment distinguishes itself through its personalized approach, integration of advanced financial technologies, and a leadership team with a unique blend of Wall Street expertise and small business understanding.

Strategic Collaborations and Partnerships

Ledgerment collaborates with leading financial technology providers to enhance service delivery:

Accounting and Bookkeeping: QuickBooks Online, Xero

Receipt and Invoice Processing: Dext

Accounts Payable Management: Bill.com

Payroll Solutions: Gusto, ADP Run

E-commerce Accounting: Shopify, A2X

Expense Management and Business Banking: Ramp, Rho

These partnerships enable Ledgerment to offer integrated, efficient, and secure financial management solutions to its clients.

Operational Insights

Ledgerment's strategic focus on small and midsize businesses, combined with its use of advanced financial technologies and a leadership team with diverse expertise, positions the company to effectively address the unique challenges faced by its clients. This approach provides a distinct competitive advantage in delivering personalized and efficient financial services.

Strategic Opportunities and Future Directions

Looking ahead, Ledgerment aims to expand its service offerings and technological capabilities to further support small business growth. Potential opportunities include developing industry-specific financial solutions, enhancing advisory services, and leveraging emerging technologies to provide deeper financial insights and automation.