Norge
Sverige
Suomi
UK
Danmark
US
Project accounting for services revenue, subscription billing support, and deferred revenue schedules.
Tech companies tend to focus their efforts on the main product or service whilst disregarding a back-office finance system that will sustain healthy growth, scalability, and attracting investments.
With Xledger, gain superior insight and control over invoicing and intangible assets. With our live in-system analysis and real-time multi-dimensional reporting tools, you gain full visibility of your company’s financial health at any time.
Are you a tech company experiencing these challenges?
- Finance software that doesn’t support the business scaling up
- Multiple versions of the truth resulting in wasted hours of validation and correction
- Over-reliance on finance to run and distribute reports leading to under-informed budget holders
- Challenges surrounding manual revenue recognition, over long periods and across currencies
- Difficulty managing recurring billing discrepancies and compliance
Insight without limits
Interactive dashboards and drill‑downs to transactions in real time. One source of truth across entities, projects, and dimensions.
Flexible, consistent and transparent growth
Born in the cloud. Every customer is on the latest version—automatic updates, zero downtime, no surprise upgrade fees or price increases.
Customer first expertise
US‑based implementation and support led by accountants—not call‑center scripts. Get a proven rollout playbook and responsive guidance for every step.
Scalability
Xledger equips growing organisations of any size to add and consolidate new business units or acquired companies. As our software scales with you, we empower you to be dynamic and agile, qualities paramount to remaining competitive.
Real-time insight
Tech companies often rely on external funding. With Xledger’s real-time insights, you can provide transparent, frequent, and detailed financial reports to investors and boards to build trust and promote confidence, eliminating inaccurate or delayed reporting that can shake investor confidence and jeopardise future funding rounds.
Within Xledger, any relevant stakeholder or budget holder can track and manage their budgets from self-serve, drillable dashboards.
Automated processes
Xledger enables automated invoicing across all projects, whether you’re running fixed-price, time and materials, or milestone-based engagements. Benefit from a fully automated project accounting lifecycle that promotes profitability, with consolidated, accurate data flowing into a central hub for better project oversight and cost analysis.
How does Xledger support capitalising R&D costs?
We understand that tech organisations rely on long-term innovation and investment for growth. Typically, project record keeping would be an administrative burden for tech companies looking to capitalise R&D costs, but with Xledger, you can easily track intangible assets and map long-term progress for audits.
Leverage Xledger’s user-friendly timesheets functionality to capture how much time is spent on each project. Automatic intangible assets postings speed up month-end reporting and simplify amortisation.
Why Xledger for tech organisations?
When your project becomes commercially viable, Xledger can automatically capitalise the R&D costs associated, simplifying fixed asset creation and delivering audit-ready visibility. Xledger automates repetitive financial tasks, improving accuracy and heightening efficiency over multiple projects. We empower you to streamline your finance function so you can focus on innovation and growth.
We provide tech organisations with:
- Strong financial controls and traceability within the system to provide confidence to your investors
- Anytime, anywhere, any-device access
- Multi-dimensional reporting tools to facilitate in-depth analysis
- One, live version of the truth
- Complete insight and self-service reporting via role-based dashboards
- Real-time consolidated reporting
- Automated recurring billing to aid profitability
- Bulk billing automation feature to reduce manual input and inaccuracies
- Automated bank reconciliation, sales invoice delivery, purchase invoice processing, and many others
Xledger’s advanced multi-tenanted, true cloud software empowers tech organisations through automation, insight, and scalability. With no requirement for new IT infrastructure and remote access, grow your business without interruption. Empower both your finance team and wider organisation with powerful analytics to truly understand the numbers.
Get in touch
Have any questions on Xledger’s finance software?
Get in touch with one of our dedicated team.
Contact person
Any questions?
If you would like to know more about Xledger and speak to one of your product consultants, please complete the contact form. A member of our team will contact you within 24 hours to discuss your requirements, the functionalities of the system, and to answer any questions you may have.
