Blog - Xledger United States

04/04/2024

If This Happens It’s Time To Change Your Online ERP System

Changing your online ERP software at the right time is more critical than most accounting leaders realize. Act prematurely, and you risk wasting valuable time and company resources; delay it for too long, and your organization could suffer. So when should you change your online ERP system? These nine signs can help you decide.

03/28/2024

Finance Processes are the Difference Between Good and Great CFOs.

Manual tasks, decentralized data, and poorly documented policies are the first signals of dysfunctional financial processes. They waste time, money, and demoralize staff. Unfortunately, many businesses resort to “band-aid” tactics – short-term fixes that fail to stop the bleeding. So, with no further ado, instead of increasing headcount, automate. Why?

03/20/2024

Top Tasks for Automation in Finance and Accounting

What Finance and Accounting Functions to Automate One of the most exciting advances in accounting software is the ability to automate a number of accounting processes that once relied entirely on a human being. Now, accountants can turn to finance and accounting automation software like Xledger to perform these (and other) accounting and financial tasks […]

03/14/2024

CFOs reporting to their CEOs and the Board – How to make an impact.

Why do you need to do board reporting? Ask any CEO and company board member what their top-of-mind pain points are, and the response is likely cash flow strains, meeting ROI objectives, and controlling the hot-button issues that simmer and boil to create operational disruption. From another angle, they strive to stay sure-footed, avoiding unpleasant […]

$fractional cfo$

03/07/2024

Fractional CFOs – What do they do, and how should CEOs work with them?

What is a fractional CFO? Whereas traditional CFOs clock into the same company daily, their fractional cousins are part-time, working with multiple CEOs on a contract or project basis. A primary benefit is the CFO steps into your business at a fraction of the traditional cost. Indeed, “fractional” sounds like a temporary or interim fix, […]

02/28/2024

Empower Ambition: The 4 Imperatives for Financial Management

How do you empower ambition? McKinsey recently published their recommendations to improve finance department efficiencies and effectiveness over the next decade. They first told businesses to move beyond transactional activities to find new efficiencies. Then, they suggested companies consolidate their financial information into a single source of truth to improve data management. McKinsey also encouraged […]

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