We know organisations in the hospitality sector share a common challenge. The need for a system that can unify financial data from different revenue streams and systems. Hospitality organisations should invest in finance software that can cater for custom integrations, reconciliation and provide real-time insight into a company’s financial health.

Is your organisation facing these challenges?

  • Lack of automation causing inefficient manual processes prone to human error.
  • Difficulty in consolidating across multiple business functions.
  • Inability to integrate new technologies with your finance software.

Automation

With Xledger, you can automate manual financial processes to free up more time in your finance team and focus on value-added activities. Our accounting finance software is one of the leading providers in automating financial processes, including:

  • Fixed assets
  • Automated payments
  • Invoice processing
  • Expense processing
  • GL posting
  • Purchase to pay processes
  • BACS
  • Bank reconciliation

Real-time reporting for different periods

Our powerful insights and real-time reporting tools support live group consolidation. This enables organisations to create detailed reports for restaurant locations, for example. Whilst comparing actuals against budget, forecasting results and drilling down to transactional level across multiple entities.

With Xledger, you’re always in control with a 360 degree overview of your finances at the press of a button and have the ability to easily report in different or unusual periods such as 4-4-5 reporting.

Xledger’s advanced technology offers automated configurable reports and real-time dashboards where you can slice and dice to view data from every angle. Our native integration with Power BI and Azure helps customers easily visualize and combine data. This allows them to turn insights into real impact.

Integrations

Our cloud accounting software for hotels, restaurants, and pubs makes it easy to connect with other systems. You will not have to worry about your accounting software slowing you down.

With multiple streams of income, integrating income and cash postings into your restaurant accounting software, and reconciling with external systems, can be difficult. As a cloud software with an open API, Xledger can integrate with 1000’s of systems to empower your organisation with one version of the truth. Our software can be integrated with popular platforms like Azure,Tevalis, Lightspeed, EPOS now, Marketman, Power BI, and many more.

We provide hospitality businesses with:

  • Multi-entity – easily add new entities and report from group level.
  • One, cloud-based live version of the truth.
  • In-system, real time reporting with role based dashboard.
  • OCR to eliminate costly data entry errors
  • Access to financial data from anywhere, on any device – all you need is an internet connection.
  • Access to the Xledger app for all employees to submit and approve expense claims on the go.

Empower both your finance team and wider organisation with powerful analytics to truly understand the numbers. Get in touch and our expert team of qualified accountants can advise the right solution for your business.

Want to learn more? Click here to talk to a member of our team. 

Frequently Asked Questions

What is hospitality accounting software?

Hospitality accounting software is a specialised financial management software solution designed to meet the unique needs of the hospitality industry, including hotels, pubs and restaurants. It helps simplify financial processes. It combines data from different revenue sources. It also gives real-time insights into your business’s financial health.

Can Xledger integrate with our existing restaurant management systems?

Yes, Xledger can integrate with your existing systems. Our hotel and restaurant accounting software works with popular platforms like Azure, Tivalis, Lightspeed, EPOSnow, Marketman, and others. This allows seamless data flow and ensures you have a unified view of your financials.

What are the benefits of using software for hotel accounting?

Using specialised software for hotel accounting saves time and money and offers numerous benefits, including:

  • Automation of manual financial processes
  • Real-time financial reporting and insights
  • Integration with other hotel management systems
  • Improved accuracy in financial data
  • Enhanced ability to manage multiple entities and locations

Can Xledger handle unusual reporting periods like 4-4-5 reporting?

Xledger can handle unusual reporting periods, including 4-4-5 reporting. Our software provides flexibility in financial reporting, allowing you to generate reports for different or custom periods as needed.