Eliminate the challenges that come with legacy or all-in-one housing management systems which may not have the capabilities to support your business’ financial needs.
These legacy or all-in-one systems can make it difficult for housing associations to be efficient, responsive and have control over their finances. This generates extra costs, with continued friction for the association. Future-proof your organisation with Xledger’s accounting software for housing associations.
Our flexible, scalable, and automated solution empowers housing associations to move away from disparate systems to gain one, live version of the truth.
Increase finance efficiency and take control with our housing accounting software
Xledger’s cloud-based finance software offers real-time insight across your whole organisation’s financial position and puts live information into the hands of decision-makers, allowing them to manage budgets proactively and effectively. With the tools to drill down data from consolidation to an individual level, Xledger lends you confidence in the numbers so that you are always in control.
Tackle industry-wide challenges with our automated finance system within the housing associations field including:
Χ Lack of real-time visibility impacting cost control.
Χ Outdated systems, manual processes, and workarounds.
Χ Bad data and reports result in multiple versions of the truth.
Key benefits of our finance solution for housing associations
Xledger will equip you with finance software and bring you greater efficiency and easily digestible granular data to support business decisions and help you scale associations.
Xledger will provide your housing organisation with:
- Immediate understanding of the complete financial status of the entire organisation, with real-time insights and an instant overview.
- Improved budgetary management of housing associations and allow complete financial control with ease.
- User-friendly dashboards accessible to budget holders.
- Recurring billing.
- A wide range of tools for data drill-down – from group level to individual transactions.
- Expense modules with a mobile application to suit easy access to data and remote working.
Ready to future-proof your housing association with Xledger?
Get in touch and our accountancy-trained solutions team can help guide you to the right solution. Click here to send your enquiry or book a demo today.
Must-have features of our finance software for housing:
Seamless integration with housing management systems for accuracy and clarity on the financial status
Xledger can be intelligently integrated with your housing system. Avoid bad data and get a full understanding of your data without using a different system. Integrating with Xledger means you get to have one version of the truth on all your reporting from budgeting on repairs to raising orders for internal and external contractors.
Effortless overview and control of consolidated financials
Xledger’s cloud-based finance software meets the needs of large and complex housing associations by providing access to up-to-date overviews of consolidated financials, along with full details from every entity in your organisation. With live multidimensional reporting tools and role-based dashboards, managers ranging from project leads to board directors can compare actuals against budget, forecast to year-end and drill down to source transactions for a 360° overview.
Automation for process efficiency
For the finance team, Xledger offers a simplified approach to finance operations through the automation and streamlining of crucial processes such as invoicing and purchase-to-pay. Our advanced technology incorporates built-in OCR, machine learning, and in-system payment approvals, enabling fully automated processes and workflows. This efficient automation reduces the time spent on transaction processing, freeing up valuable time for in-depth analysis and examination.
Flexibility and scalability for efficient business operation
Xledger equips housing associations of any size to add new entities with ease. Save time and avoid duplication of work when you add a new entity. Xledger automatically inherits the setup used by the rest of the group. And since the software is cloud-based, you can work seamlessly across the entire organisation from anywhere at any time, on any web-enabled device.
Real-time consolidation
Housing associations can have complex multi-entity structures, real-time group consolidation plays a huge part in strategic business decision-making. This feature allows organisations to gain real-time insight, without the need to schedule consolidation reporting or run separate consolidation reports. It’s the key feature which ensures that organisations are future-proof, as adding new entities is a quick and easy process, without the time and cost of additional implementation. This real-time feature allows you to view all your entities side by side, as well as in a total consolidated view, with automatic eliminations of intercompany transactions. Finance teams can utilise the group processing functionality which allows them to view and process transactions, and carry out reconciliations and approvals at one central location for maximum user efficiency. Efficiency is also recognisable when it comes to the time-saving element as there is no time spent in manual consolidation. Enjoy the practicality of finding all the necessary data in one place and eliminate add-on consolidating software or spreadsheets, which is an invaluable benefit of our housing finance software.
Xledger: Your trusted financial partner from solution to support
Unlock greater efficiency in your day-to-day financial operations with our market-leading cloud-based finance solution, tailored for ambitious organisations. Our team of expert consultants, all from accounting backgrounds, are dedicated to providing you with unparalleled insights and practical solutions throughout your journey with us, whether it’s solution consultation, implementation, or ongoing support.
With Xledger, scalability comes at no additional cost. As your housing association grows our software ensures a seamless and hassle-free expansion. Experience the ease and simplicity of adding new entities without complications, making Xledger the ideal finance software for housing associations at any stage of growth.
Get in touch with our team.
David Tillen
Business Development Manager
+44 788 5770549
