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Gain a full picture of your projects and their profitability.
Many professional services organisations share the familiar challenges of attaining real-time insight into project profitability and reducing working capital.
With powerful multi-dimensional reporting tools, Xledger provides enhanced insight to analyse and drive project profitability. Our fully integrated timesheet, expense, and invoice modules facilitate faster, accurate, and transparent invoicing designed to help improve cash flow and decrease working capital requirements.
We offer advanced native functionalities for project accounting, workflow, billing and invoicing, along with flexible integrations for common external applications.
Xledger helps professional services organisations increase cash flow, maximise profits, and grow without limits.
Are you in a project-oriented industry experiencing these challenges?
- Difficulty monitoring the profitability of each project
- Unable to identify financial risk and project overruns
- Struggling to maximise cash flow and reduce WIP
- Needing extra functionality to recognise revenue correctly
Seamless integrations
Unify your financial hub with existing systems — from CRMs to open banking tools and everything in between so you are working from one single source of truth.
Efficient and intelligent automation
Reduce human error and eliminate manual tasks with smart automation tools like purchase-to-pay workflows and advanced OCR technology.
Valuable insights at your fingertips
Gain deeper visibility with powerful, customisable dashboards. Monitor KPIs, explore trends, and drill into real-time data with zero limitations.
Project billing
Xledger automates invoicing across all projects, whether you’re running fixed-price, time and materials, or milestone-based engagements. Company-incurred expenses flow directly to Xledger, your centralised hub of accurate, consolidated data. Reduce manual intervention and leverage timely client recharges.
Automated processes
Xledger’s automation simplifies multi-entity billing for professional services organisations that operate across group structures. Log time and incur expenses in one entity while work is billed from another, and benefit from automated background intercompany transactions.
Resource planner
With Xledger’s resource planner, firms can make better use of their most valuable asset: their people. Align the right projects to the right people at the right time and reduce bench time and overloading key staff.
“Since implementing Xledger, we have far greater reporting flexibility, better distribution of skills within the finance team and are naturally more self-sufficient”
Gavin Dilley, Chief Finance Officer
RPC Tyche
Why Xledger for the Professional Services sector?
With our integrated document management system and automated workflow, Xledger removes the need for day-to-day transactional management, enabling you to spend less time on administration and more time planning and managing your projects.
Our software enables you to view your projects in real-time for a 360° understanding of their profitability, with the ability to drill down and analyse the numbers at a transactional level. Get estimates for any project, at any stage, via our live role-based dashboards configured to your requirements.
Our finance solution is an ideal fit for professional services firms across all industries, including legal, consulting, financial services, IT, engineering, architecture, and design.
We serve the Professional Services industry with:
- Anytime, anywhere, any-device access
- Submission and approval of time and expenses on the go
- Full insight via role-based dashboards
- Automatic allocation of approved hours
- Advanced automation for project costing & billing, timesheets & expenses, asset management, orders & billing, and budgeting
Xledger’s advanced multi-tenanted, true cloud software empowers your professional services organisation through automation, insight, and scalability. With a quick implementation process and no requirement for new IT infrastructure, grow your business without expanding your back office.
Get in touch
Have any questions on Xledger’s finance software?
Get in touch with one of our dedicated team.
Contact person
Webinar
The Xledger Podcast: Scoping and Implementing a Finance System Part 1
Welcome to the Xledger Podcast, a CPD-Certified series focusing on all sectors.
In part one of this two-part series, 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.
Complete the learning to receive:
- CPD certificate
- Transcript
- Accompanying documentation
Article
How to Leverage Accounting Automation to Improve Efficiency
Good finance leaders ensure accounting professionals complete necessary processes on schedule and to industry standards. Great finance leaders invest in the correct tools that automate processes and allow accounting professionals to add value through reports, analysis, and commentaries.
Article
How to Work Better Remotely with a Modern Finance System
We are facing, more than ever, the genuine need to digitally transform our organisations. While there are many elements to digital transformation, modern cloud-based finance systems have a huge part to play in enabling your organisation to work better remotely.
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.
