Hospitality Accounting Software

Organisations in the Hospitality sector share the common need for a system that can unify financial data from different revenue streams and systems.

We understand that reconciling your point-of-sale and bank balances is time-consuming and error-prone, particularly for businesses with high transaction volumes. With Xledger, you gain a better understanding of expenditure with real-time insights across your hotels and restaurants.

Xledger’s finance software caters to complex and out-of-the-box integrations, ensuring your various business platforms are consolidated into a single source of truth.  As a cloud software with an open API, Xledger can integrate with 1000’s of systems to empower your organisation’s success and profitability.

Is your hospitality organisation facing these challenges?

• Inability to cater the weekly reporting and retail calendar in your finance system
• Lack of automation causing inefficient manual processes prone to human error

• Difficulty in blending data across multiple business functions

• Unable to integrate new technologies with your finance software

Flexible reporting

Our powerful insights and real-time reporting tools support live group consolidation. This enables organisations to create detailed reports for restaurant locations, for example, even when reporting on different retail calendars, like 4-4-5. Compare actuals against budget, forecast results, and drill down to the transactional level across multiple entities.

Automation

With Xledger, you can automate manual financial processes to free up more time in your finance team. This allows time to focus on value-added activities. Our accounting finance software is one of the leading providers in automating financial processes, and automates fixed assets, invoices and approvals, purchase-to-pay, and many more.

Seamless integrations

Our software integrates with popular platforms, including Azure, Tevalis, Lightspeed, EPOS Now, Marketman, Power BI, and many more. It enables comparisons of actuals against budget, forecast results, and drills down to the transactional level across multiple entities.

Why Xledger for hospitality organisations?

With Xledger, you’re always in control with a 360-degree overview of your finances at the press of a button. You can easily report on accounting periods common in the retail sector, such as 4-4-5 reporting. Xledger’s advanced technology offers automated, configurable reports and real-time dashboards where you can slice and dice to view data from each location, chain, or unit at every angle.

We provide hospitality businesses with:

• Multi-entity – easily add new entities and report from group level

• One, cloud-based live version of the truth

• In-system, real-time reporting with role-based dashboard

• OCR to eliminate costly data entry errors

• Access to financial data from anywhere, on any device – all you need is an internet connection

• Access to the Xledger app for all employees to submit and approve expense claims on the go

Empower both your finance team and wider organisation with powerful analytics to truly understand the numbers. Our expert team of qualified accountants can advise on the right solution for your business.