Transforming Business Process Outsourcing with Xledger®’s progressive cloud-based finance solution
Xledger is more than just a financial management tool – it’s a comprehensive solution that empowers partners to deliver superior services, enhance client satisfaction, and grow their businesses. By leveraging Xledger’s advanced technology, your firm can achieve greater efficiency, scalability, and profitability while providing your clients with the financial expertise they need to succeed.
“In recent years, we’ve seen how Xledger has gone from strength to strength in equipping the mid-market with true cloud financial and accounting management technology to drive efficiencies through powerful automation. The ability to access real-time data for insight-led business decision-making enables disruptive accountancy firms like us to operate as a true extension of the customers’ business with high-value strategic outputs and added-value services.”
Anoop Rehal, Principal Partner
Xledger helps address challenges with:
- Large transaction volumes
- Intricate reporting needs
- Consolidation of multiple entities
- Reliance on manual processes
- Use of multiple systems
- Multi-currency challenges
- Restrictions on configurable roles
The Xledger advantage for Business Process Outsourcing Partners
1. Deliver scalable and flexible services:
Xledger’s cloud-based platform is built to support a wide range of clients, from SMEs to large enterprises, with varying financial complexities. Whether managing single entities or multi-entity organisations, Xledger scales effortlessly, allowing your firm to expand its service offerings without the need for additional infrastructure. This flexibility enables you to take on more clients and meet their unique financial needs without compromising on service quality.
2. Improve your firm’s profitability:
Automate routine financial processes such as bank reconciliations, invoicing, and approval workflows with Xledger. This reduces the time spent on manual tasks, minimizes the risk of errors, and allows your team to focus on delivering high-value strategic services. The increased efficiency not only works towards better profitability levels but also enhances the speed and accuracy of the services you provide to your clients.
“Time saving has gone from 1 day down to 30 mins in order to process over 3000 payments. (…) Using Xledger to push the payments through means the information is not prone to human error on inputting figures. We also have added comfort from the checks embedded in Xledger on supplier payment information.”
3. Add significant value to your clients’ businesses:
Xledger offers powerful reporting and analytics tools that enable you to deliver detailed financial insights to your clients in real-time. With customisable dashboards and reports, you can position your firm as a pro-active partner and provide tailored financial analysis that help your clients make informed decisions, manage risks, and seize new opportunities.
4. Strengthen client relationships through collaboration:
Xledger’s cloud platform facilitates seamless collaboration between your firm and your clients. Clients can access their financial data in real-time, share information, and receive advice from your team whenever needed. This continuous access to data and expertise fosters stronger relationships, enhances client trust, and positions your firm as an integral part of their success.
5. Ensure robust security and compliance:
In the outsourcing industry, protecting client data is critical. Xledger offers enterprise-grade security features, including encryption, multi-factor authentication, and secure data centers. Additionally, the platform is fully compliant with regulations such as GDPR, ensuring that your clients’ financial information is always protected and compliant with legal requirements.
6. Reduce operational costs and complexity:
Xledger’s cloud-native platform eliminates the need for costly on-premises systems and reduces the burden on your IT resources. With automatic updates and maintenance managed by Xledger, your firm can focus on delivering exceptional services without the headaches of managing complex IT infrastructure. This leads to significant cost savings and allows you to allocate more resources to client-facing activities.
7. Benefit from the support of accountancy experts:
With 250 years of real-world accountancy experience across our consultancy teams, Xledger’s consultants understand the challenges of both clients and partners: they are ideally placed to support accountants in ensuring Xledger software provides the best outcomes.
Empowering clients with real-time insights, efficiently
Streamlined financial processes:
Clients can benefit from the same automation tools that your firm uses. With features like automated invoicing, expense management, and direct bank feeds, Xledger simplifies day-to-day financial tasks, reducing administrative burdens and freeing them up to focus on growing their business.
“The ease of making payments through Xledger has streamlined our accounts payable process. The intuitive interface allows for quick entry and processing, significantly reducing the time spent on manual data entry, saving over a day’s worth of processing time a week.”
Agility DGS UK Limited | David Hodge, Finance Manager
Real-time financial visibility:
Xledger offers your clients real-time access to their financial data through a user-friendly portal. This transparency empowers them to monitor their cash flow, track expenses, and manage budgets more effectively, leading to better financial decision-making.
Customisable reporting:
Your clients can access customisable, real-time reports that are tailored to their specific needs. Whether they need insights into cash flow, profitability, or budget performance, Xledger provides them with the data they need to make informed decisions and drive their business forward.
Multi-entity management:
For clients with multiple business entities, Xledger offers seamless consolidation and reporting across all entities. This makes it easier for them to manage complex organizational structures and provides a clear, unified view of their overall financial position.
Enhanced collaboration with their accountant:
With Xledger, your clients can collaborate more closely with your firm, sharing data and insights in real-time. This fosters a stronger partnership, as you work together to achieve their financial goals and navigate challenges more effectively.
Secure, compliant operations:
Xledger’s robust security protocols ensure that your clients’ data is protected at all times. Additionally, the platform’s compliance with financial regulations gives your clients confidence that their financial operations are always within legal requirements.
