Navigate the challenges of cost control and the ever-changing industry regulation changes with a complete cloud-based care home accounting system. With complex structures and operations spanning multiple locations, visibility and control over accurate financial information is essential to run a successful and profitable business.
Improve organisational efficiency with our scalable accounting software for care homes
Xledger 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.
Our flexible and scalable automated accounting solution empowers care homes to spend more time focusing on care while reducing costs and facilitating growth.
Developed to overcome common care home operational challenges
Our care home finance management software is continuously reviewed and improved to ensure maximum ease and functionality for its users within the care sector. With a comprehensive database of clients, we continue to empower organisations to maximise their efficiency and bring clarity to their financial processes.
Conquer operational obstacles that occur without cloud-based automation such as:
Χ Manual monthly consolidation preventing real-time insight over multiple entities
Χ Lack of real-time visibility impacting financial cost control
Χ Outdated systems, manual processes, and workarounds
Χ Finance teams spend more time processing numbers than analysing them
Χ Complex billing processes involving manual recharging of costs
Industry-wide key benefits of our accounting software
- 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 holding level down to individual transactions
- Integrated expenses modules with a mobile application
- Flexible remote working, maximising team efficiency
Xledger’s finance system features a spotlight for the care home sector
Providing complete flexibility and scalability
Xledger equips growing care homes of any size 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.
Integrations that provide effortless data exchange
Enjoy a seamless integration process with many resource management systems to facilitate easy data exchange and financial reporting as a result. This is a crucial point for multi-location and multi-team organisations seeking complete clarity on the financial well-being of the group, individual entities and across the board.
Consolidation with real-time insights
Xledger provides care organisations with a consolidated group view in real-time, a crucial feature for those organisations that have multiple sites and locations.
Bringing clarity with efficient KPI reporting
Gain first-hand information on cost and profitability analysis by bed, resident and types of services provided and scale your reporting efficiency with Xledger. Providing a depth of insight into organisational performance with a simplified and user-friendly view, to help you empower your team and improve performance across care organisations.
Overview and control
Xledger’s cloud-based financial software meets the needs of medium to large and complex organisations by providing access to up-to-date overviews of consolidated financials, along with full details from every entity in your organisation.
Automation for simplified finance operations
Xledger simplifies finance operations by automating and streamlining key processes, including invoicing and Purchase-to-Pay. With automated technology covering inbuilt OCR, machine learning and in-system payment approvals, our fully automated processes and workflows allow you to spend less time processing transactions and more time analysing them
Split billing
The split billing feature enables a practical automated billing process specifically accommodating care services’ needs. The ability to split the cost of services between two or more billing parties in one invoice provides instant clarity on spending without the need for manual and extremely time-consuming processing. The additional feature of separate reporting on each party involved including the patient will serve as a hassle-free process, so valuable time can be spent on other aspects of the business, 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.
Xledger: Your finance management partner for care
Our cloud-based finance solution has been developed for ambitious companies to ensure that financial professionals can carry out their day-to-day tasks more efficiently. All our consultants, whether they are supporting your business at the solution, implementation or technical support stage, are accountancy-trained,this enables them to give you the deepest insights and most practical solutions every step of the way. Xledger offers the flexibility for your business to scale, so as your business progresses, adding new entities to the group structure will be extremely quick and easy, making it the best finance software for your business, at any stage.
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.
If you have any queries or would like to learn more, contact us at mail@xledger.co.uk or book a demo below.
