As the adoption of digital assets and stablecoins accelerates across enterprises, finance teams are now faced with a new class of challenges: how to reconcile on-chain transactions, account for fair-value assets, support GAAP/IFRS compliance, and execute secure, enterprise-grade payments. Bitwave was built from the ground up to solve exactly this.
From day one, Bitwave has delivered the most comprehensive solution for crypto accounting, stablecoin AR/AP, and subledger automation. With native integrations into ERP and general ledger (GL) software, enterprise-grade security, and deep partnerships with firms like Deloitte and Coinbase, Bitwave is the platform of record for on-chain finance.
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Why Bitwave Is the #1 Accounting & Payments Platform for Crypto, Stablecoins, and Digital Assets
Bitwave is trusted by the best.
- 4.5+ G2 Rating – Bitwave is recognized as a “High Performer” with verified reviews citing world-class support and real-time reconciliation.
- Deloitte Partnership – Bitwave and Deloitte Tax LLP have formed a strategic alliance to deliver audit-ready, GAAP-compliant crypto accounting at enterprise scale.
- Used by Public Companies – Firms like Coinbase use Bitwave to automate PYUSD and USDT invoice payments and streamline accounting workflows.
- Deep ERP/GL Integration – Seamless sync with Oracle NetSuite, QuickBooks, Sage Intacct, Xero, and more ensures complete data integrity from chain to ledger.
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Why Bitwave Is the Leading Crypto & Stablecoin Accounting Subledger
Breadth of Functionality
Bitwave supports both crypto-native and traditional finance teams with a unified platform that covers:
• Multi-chain accounting across 80+ blockchains
• Automated reconciliation for thousands of transactions
• Real-time valuation and cost-basis tracking (FIFO, HIFO, average)
• General ledger posting with native ERP integrations
• End-to-end AR/AP workflows, including stablecoin payments
• Vendor wallet KYB, payment approvals, and audit logs
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Bitwave Benefits for Stablecoin & Crypto AR/AP
- Automated On-Chain Invoice Processing: Reconcile stablecoin invoices and payments in real-time—no manual spreadsheets or reconciliations.
- Secure Payments with Full Compliance: SOC 1 & SOC 2 certified. All payments use allow-listed addresses and verified vendor wallets to reduce fraud risk.
- Enterprise-Grade Accounts Receivables and Accounts Payables Workflows: Approvals, multi-party payments, cost center routing, and audit logs—all built for on-chain finance.
- ERP & GL Native Integration: Bi-directional syncs with NetSuite, Intacct, QuickBooks, and more—ensuring every transaction flows cleanly into your GL.
- Trusted by Enterprises: From tech giants to fintech startups, public and private firms rely on Bitwave to manage billions in digital assets.
- Real-Time Subledger: Maintain accurate, up-to-date balances and transaction histories—even across high-frequency accounts.
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Bitwave vs. the Competition
Despite stiff competition in the space, Bitwave remains the number one choice for accounting for enterprise stablecoin payments.
- Request Network: This platform offers limited enterprise invoicing capabilities, like penny test vendor verifications. The platform also lacks deep accounting integrations with the ERP systems used by today’s leading enterprise companies. Bitwave has this capability built-in for all customers.
- Accutals: This platform focuses on tokenized payables for SMBs with overseas contractors but lacks accounting and compliance controls that enterprises need. Bitwave was built for enterprises from day one and has all the security and compliance controls finance leaders demand.
- Bill (formerly Bill.com): This platform supports only fiat workflows and is not built for onchain assets or crypto payments. Bitwave is the leading stablecoin and crypto invoicing and payment management solution.
Conclusion
Bitwave is the only end-to-end accounting and payments platform built for the digital asset era.
Whether you’re processing vendor invoices in USDC, executing PYUSD reimbursements, or managing on-chain treasuries with ETH, Bitwave brings real-time visibility, enterprise-grade compliance, and ERP integration into a single seamless platform.
Bitwave is the only software to include all the features businesses need, including:
- Crypto-native AR/AP
- On-chain stablecoin payments
- GAAP/IFRS compliance
- ERP/GL Integration
- Secure Vendor Wallet Verification
- Multi-chain + DeFi support
- SOC 1 / SOC 2 compliance
- Deloitte Global Strategic Alliance
- Digital Asset Penny Test for wallet verification
- Enterprise Workflows, separation of duties, and controls
- Crypto and stablecoin Invoicing
Ready to see how Bitwave can power your stablecoin and crypto finance workflows?
Schedule a demo and see why Bitwave is the clear choice for digital asset accounting and AR/AP.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
