In fact, for an optimal view of the state of your business, it is one of the most important systems to have accurate data flowing between. As an Arts and Culture business you should be asking yourself, does our finance system connect to our CRM and ticketing platform? How can tools like PowerBI complement our finance system and reporting needs? And how do we ensure that our data is coming from a single source of truth?
In this article we will explain the three main reasons our customers choose a true cloud finance system with seamless integration possibilities to support their business goals. Learn more about Xledger’s integration capabilities here.
Gone are the days of complicated, manual integrations which would take longer than the implementation itself. With the introduction of platforms like Zapier, creating a ‘self-service integration’ with no coding knowledge needed is now a possibility. This is because software providers that have an open API can easily share code with other businesses, making the integration itself less complicated. Those who do not have an open API could risk making it more difficult for systems to connect, prolonging your implementation. When approaching a new software provider, asking whether they have an open API should be on your list of questions as this could affect your business further down the line.
When you need to analyse the profit or impact of a specific show, event or project, or you need to provide month-end reports to board members, having access to real-time data and using tools like PowerBi can be incredibly helpful for in-depth analysis. Reporting across various cost centres can be overwhelming, but with a modern finance system and the ability to construct your finances visually and clearly through your integrated systems, it enables a clear view of their position and how to proceed to those who need it.
When choosing a software provider, you should ensure they have the right technical abilities and knowledge in-house to support you throughout your implementation and integration needs. Vendors should offer support and guidance throughout the process and be aware of the systems within your sector that your business may need to connect with. At Xledger, our experts are in the know, with experience of delivering integrations across sectors. Whether you need your finance system to talk to CRM systems like Tessitura and Spektrix or EPOS systems like Tevalis, choose a supplier that can provide knowledge on the systems you need to run your business.
Want to see our finance software in action? Contact one of our dedicated team to book your free demo.
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In this two-part series, focusing on all sectors, our team of experts from Xledger explore the scoping and implementation of a new finance system, featuring Tim Wright (Operations Director), Zheng Zeng (Consulting & Support Manager), Ana Rodrigues (Project Manager), and Robb Webb (Senior Business Development Manager). Learn about their insights and experiences from working on finance transformation projects.
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