Stretched budgets are a common challenge facing organisations in the education sector, therefore timely and accurate financial information is crucial in order to prioritise expenditure and to plan ahead effectively.
Xledger offers a comprehensive solution for multi-academy trusts, LEAs, independent schools & further education institutions across the education sector. Real-time insight and live reporting empower finance teams with enhanced budgetary management and financial control. In addition, devolved purchasing through managed approval workflows can balance control and efficiency across your entire organisation leading to more effective decision making.
Our true cloud architecture links seamlessly to external applications, empowering you to manage the allocation of student loans and additional funding sources all in one place. Plus, as all documents are managed in-system, Xledger eliminates mounting paperwork and equips you with a paperless workplace.
With in-system payments and integrated bank statements that enable automatic supplier and bank reconciliation, Xledger effortlessly handles the complexity of your treasury activities enabling you to further streamline your back office activities. Our software gives education finance departments access to a sophisticated solution for managing administration without the IT costs and hassle.
Are you an organisation in the education sector struggling with?
- Balancing cost-cutting, insight, and devolved authority to budget holders
- Lack of timely visibility over income and expenditure
- Time consuming multiple software based processes and reporting
Our market-leading automation improves efficiency and simplifies your back office. Eliminate spreadsheets with automated processes and workflows, including Purchase-to-Pay, inbuilt OCR and in-system purchase order and payment approvals. Xledger allows you to spend less time performing repetitive manual tasks and more time strategically managing budgets and reporting against them.
Visibility and control
Xledger’s multi-dimensional reporting tools give you real-time visibility over your financial health. Drill down to a transactional level for an informed insight into the income received in each course offered and forecast with full confidence in overall expenditure. Along with self-service reporting for budget holders via role-based dashboards, Xledger equips you to be proactive, not reactive.
Our true cloud-based software does not require IT resource or servers, enabling you to save on hefty setup and maintenance costs. Furthermore, our free, automatic upgrades ensure that every user is running on the latest software. With Xledger, you pay less for greater functionality.
We provide educational organisations with:
- Real-time financial status, empowering you to compare any chosen budget at the touch of a button
- Ability to compare data across multiple entities at the click of a button
- Robust budgeting tools to create, upload, or devolve multiple budgets
- In-system purchased orders, with automatic dispatch to suppliers
- In-system, real-time reporting with role-based dashboards
- Flexible and bespoke integrations
- In-built document management, facilitating a paperless workplace
- Quicker month-end periods achieved by automatic accruals, prepayments and ledgers closing on a timely basis
Xledger’s advanced multi-tenanted, true cloud software empowers your organisation through automation, insight, and scalability. With a quick implementation process and no requirement for new IT infrastructure, our cost-effective solution improves efficiency so you can focus on delivering the best quality services to your students.
Get in touch with our team
Business Development Manager
+44 (0)7442 911588