COLORADO SPRINGS, Colorado, June 18, 2020 – Xledger, a global provider of cloud-based enterprise resource planning solutions, is proud to announce that it has been classified as a Major Player in IDC’s MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2020.1

Xledger equips customers across more than 60 countries with unified finance management tools in a multi-tenant cloud architecture. Endorsed by KPMG and PwC, Xledger Cloud ERP manages financial and administrative processes ranging from mobile workflow to project accounting and billing.

“We consider this recognition an honor and believe this validates Xledger as a major player, to borrow IDC’s wording, in the mid-market cloud ERP space,” said Nathan McCann, President of Xledger USA. “Technology has, and will continue to have, a profound impact on the functions of finance and accounting. Now, more than ever, organizations across the globe are seeking solutions that will deliver efficiency, understanding, and flexibility. Fueling us to deliver such value are passion for innovation and desire to amaze customers at every turn. And, as always, our commitment to empowering thousands of ambitious companies will continue unwaveringly.”

Xledger delivers such value in the following ways.

  • Xledger drives efficiency by automating most accounting processes: hands-free bank reconciliation, auto-posting rules, electronic workflow, recurring billing, recurring depreciation, and much, much more. Customers spend less time executing manual processes, instead focusing time and energy on activities that matter most.
  • Xledger provides customers with market-leading BI tools so they can drill-down to the invoice level or drill-through multiple views for 360° understanding of any dataset. From inquiry to export and from report layouts to graphs and pivot charts, customers can manage the entire analytic process intuitively from a single screen.
  • Xledger enables organizations to create new business units with no time constraints. No matter how fast or far customers grow, Xledger’s multi-tenant, global architecture will support their ambitions.

This, coupled with Gartner’s inclusion of Xledger in their fall 2019 Market Guide, firmly positions Xledger in the middle market enterprise cloud ERP space.

A copy of the IDC MarketScape can be obtained from IDC here: https://www.idc.com/getdoc.jsp?containerId=US45837220

 

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[1] International Data Corporation “IDC MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2020 Vendor Assessment” by Kevin Permenter, Frank Della Rosa, Shari Lava, Mickey North Rizza, April 2020

 

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About Xledger

Xledger provides its highly automated and unified cloud ERP solution to ambitious mid-market organizations around the world. Founded in 2000, Xledger Cloud ERP serves more than 10,000 customers and is endorsed by global audit firms KPMG, PwC, and BDO. From automated bank reconciliation to multiple reporting dimensions, Xledger supplies modern organizations with the finance management tools they need to prosper. Visit https://xledger.com/ for more information.

 

Press Contacts:

Xledger

Nathan McCann

(+1) 719-630-1357

nathan.mccann@xledger.com