Xledger UK has announced that Bristol Sport has deployed its automated cloud finance solution to transform its accounting function and allow the sporting group greater flexibility and control over its operations.

As the Official Finance Solutions Partner for Bristol Sport, Xledger will support the scaling up of financial planning functionality, reduce resource-heavy manual input of data and provide greater insights from a transactional level right up to a bird’s-eye view.

Xledger, which supplies more than 10,000 organisations in 60 countries, has been a sponsor of Bristol Sport since 2019. Over the course of the last four years, its partnership with the sporting group has steadily grown to its current position as back-of-shirt sponsor for Bears Men, Bears Women, Bears Academy and Bristol Flyers, along with a unique commercial deal as Official Finance Solutions Partner.

Vicki Long, Bristol Sport Group CFO said:

“Xledger has been a significant supporter and sponsor of our sporting group for a number of years and it is great that we have now been able to take the relationship to the next level by integrating their accounting software

“As an ambitious sporting organisation, growth is high on our agenda. But we need to have the tools and systems in place to support this, on and off the pitch. In searching for a new financial system to underpin these ambitions, we’ve found that Xledger can offer Bristol Sport the group-level insight and agility we need as we continue to build and grow.”

Peter Hucker, CEO at Xledger UK, added, “We’re delighted to bring Bristol Sport on board as a client after our long-standing and successful partnership and we’re confident that Xledger will provide all the functionality and flexibility its finance team needs to meet its ambitions.

“What set Xledger apart for Bristol Sport was our real-time consolidation and broader reporting functionality. As a complex organisation, with interests ranging from charitable giving, venues, and various sporting interests, it was important for Bristol Sport to gain reporting insight from both a top-down perspective as well as well as the granularity of each individual reporting unit”

Xledger is a one-stop solution covering expenses, approvals, payments and reporting, meaning that the finance team, budget holders and senior stakeholders can access financial data from one source and obtain a real-time view across a range of reporting screens. This gives users unparalleled access to critical data across all levels of the finance function.

As a long-term partner of Bristol Sport, and its Bears and Flyers teams, Xledger places huge value in this relationship as a tool for good within the community. Xledger supports the Bristol Bears across its men’s, women’s and academy teams, as well as its foundation’s Bear in Mind programme, which supports girls aged 14 to16 years with resilience and confidence training.