Organisations within the hospitality sector share the common challenge of unifying financial data from across complex revenue streams and disparate systems. Choosing hospitality accounting software that supports custom integrations is crucial for this reconciliation and the ability to gain real-time insight into the financial health of a company.

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 hospitality accounting finance software is one of the leading providers when it comes to automating financial processes, including:

  • Fixed assets
  • Automated payments 
  • Invoice processing
  • Expense processing
  • GL posting
  • Purchase to pay processes
  • BACS
  • Xledger can even connect to your bank and reconcile your accounts.

Real-time reporting for different periods

Our powerful insights and real-time reporting tools support live group consolidation. This enables hospitality organisations to create detailed reports for restaurant locations, for example, whilst comparing actuals against budget, forecasting year-end 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. Additionally, our native integration with Power BI and Azure allows our customers to seamlessly visualise and bring data together to turn insights into impact.

Integrations

Our true cloud accounting software for hotels, restaurants and pubs allows effortless custom integrations with external systems, so you never need to worry about your software for hotel accounting finance software holding you back.

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, 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 hospitality 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 solution designed to meet the unique needs of the hospitality industry, including hotels, pubs and restaurants. It helps streamline financial processes, consolidate data from various revenue streams, and provide 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 supports custom integrations with popular platforms like Azure, Tivalis, Lightspeed, EPOSnow, Marketman, and more. 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 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?

Yes, Xledger is equipped to 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.