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Gain future-proof financial control with Xledger’s finance software for care homes and hospices.
Hospice and care home organisations often operate across complex structures spanning multiple locations. As such, these organisations struggle with financial accuracy, visibility, and control, as well as duplicating work across these disparate locations.
Xledger is a true cloud-based hospice and care home accounting system that offers real-time insight across your whole organisation and puts that real-time information into the hands of decision-makers, allowing them to manage budgets proactively and effectively. Be confident that your numbers are accurate and leverage drill-down functionality to view consolidated data at each level.
Our in-house integration experts can support your integrations between Xledger and existing technology systems. With a flexible and scalable automated accounting solution that empowers your finance team, Xledger supports your overall mission of providing the highest quality of care to those in need.
Is your care organisation experiencing these challenges?
- Manual monthly consolidation that prevents real-time insight over multiple entities
- Lack of real-time visibility impacting financial cost control
- Outdated systems, manual processes, and workarounds
- Finance teams spend more time processing numbers than analysing them
- Complex billing processes involving manual recharging of costs
Perfect for multi-entity businesses
Easily manage and consolidate data across multiple entities. Our solution simplifies group reporting, giving you a unified, real-time view of your business performance.
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.
“The expenses module has been well-received by end-users and greatly simplifies our expense management process. The phone app is particularly appreciated by our credit card holders — they really value the convenience and ease of processing receipts on the go.”
Aleksandra Hadden, Financial Controller
Myeloma
Supporting hospices
Hospices have unique financial pressures, despite sharing some fund reporting challenges with care home organisations. Xledger’s accounting software ensures that hospice finance teams can track and manage donations, grants, and fees across all locations for complete fund reporting transparency.
Our in-house integration team supports seamless connections between Xledger and your care management system, creating a single source of truth for you to confidently present to trustees, donors, and regulators.
With Xledger, hospice organisations can:
- Leverage income tracking and manage diverse income streams, including donations, grants, fees, and fundraising
- Budget and forecast across varied services and timeframes
- Create transparent and accurate reports for trustees and stakeholders
- Be confident that financial data is compliant and audit-ready with automated full and traceable audit trails
Supporting care homes
Care home organisations often manage multiple sites, offering residential, nursing, or specialised care, and therefore require in-depth analysis of occupancy of beds, cost per resident, and individual and group profitability. Xledger’s cloud-based financial software meets the needs of medium to large organisations that manage multiple care homes by providing access to consolidated real-time data.
Care homes can enjoy effortless integrations with core business systems, including your care management system, to facilitate easy data exchange and financial reporting.
Xledger provides care home organisations with:
- Multi-entity consolidated reporting across all sites
- Drill-down reporting into various dimensions, including resident, bed, and service type
- Automated invoice and billing lifecycles
- Robust and seamless business system integrations
- Cloud dashboards of home managers and finance teams
Flexibility and scalability
Xledger equips growing care homes to add new homes and entities with ease. Since the software is cloud-based, you can work seamlessly across the entire organisation from anywhere at any time, on any web-enabled device. Providing a future-proof platform, it is designed to scale in line with the growth of your organisation.
Accurate automation
Reduce time-consuming manual processes with Xledger. Our highly automated finance software ensures care home finance teams can carry out their day-to-day tasks more efficiently by utilising OCR technology, automated invoices and approvals, fixed assets, and many more. Save time for your finance function and eliminate data duplication and data entry mistakes.
Valuable reporting
Report on each party involved, including the patient, and benefit from a hassle-free process. Create valuable time to spend on other aspects of the organisation that are crucial for growth and success. Analyse both income and expenditure per patient, bed, and type of care service provided and achieve complete efficiency with finance automation.
We serve the Care Home industry with:
- Real-time insight with an instant overview of the entire organisation’s financial position
- Better budgetary management and financial control
- Scalability to support an acquisitive marketplace
- Budget holder dashboards
- Recurring billing and integrated direct debits
- Tools to interrogate data from the holding level down to individual transactions
- Integrated expenses modules with a mobile application
- Flexible remote working to maximise team efficiency
Xledger’s advanced multi-tenanted, true cloud software empowers your care home through automation, insight, and scalability. With a quick implementation process and no requirement for new IT infrastructure, our cost-effective solution will free up your time, so you can focus on delivering the best care.
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
Unlocking the Power of Integrated Systems for Care Homes
When running and growing a care business, the focus should be about creating more time to care for residents. In the current climate, where staffing is a big challenge, funding is even more crucial than ever to balance rising costs, technology plays a defining role in ensuring that the care homes are equipped to stay on top of their ambitions and invest in the future.
Whitepaper
Mastering Multi-Entity Finance
Are you a finance leader of an expanding business with multiple entities?
Our guide to Mastering Multi-Entity Finance explores the challenges faced when working with a multi-stranded business, the pitfalls of using legacy systems, and how a centralised hub can improve your insight into group financial health.
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.
