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Key Takeaways

Generated from the text of customer reviews

Xledger is a cloud-based financial management platform built for businesses with complex and detailed financial needs. It is built on automation, real-time insight, and scalability to support growing organizations. While filters and reports may demand extra effort for seamless navigation, Xledger provides essential tools, empowering effective financial management and fueling organizational ambition.

Our Verdict

Xledger is best suited for mid-sized to large organizations that need strong financial management capabilities across multiple entities, locations, or countries. The platform stands out for its cloud-native architecture, automation features, and ability to handle complex accounting operations. Overall, Xledger is a strong recommendation for organizations seeking an enterprise-grade ERP system with automation and multi-entity support at its core.

Xledger Specifications

  • Financial Reporting
  • Invoice Management
  • Expense Tracking
  • Tax Management

Xledger Features

ulti-Entity Accounting

Xledger Allows organizations with multiple subsidiaries to manage entity-level accounting while maintaining group reporting. Finance teams can process intercompany transactions, eliminate balances, and generate financial statements within the same system. This reduces reliance on separate systems or manual consolidation spreadsheets during month-end close.

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ross-Tab General Ledger

The platform’s accounting engine supports general ledger, accounts payable, accounts receivable, and cash book functions within an integrated structure. Its cross-tab capabilities allow users to analyze transactions across multiple dimensions, helping finance teams review balances, drill into activity, and maintain structured oversight of financial data.

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Project Accounting And Resource Tracking

XLedger supports project-based financial management by linking time capture and cost tracking directly to accounting records. Organizations can monitor project profitability, allocate shared expenses, and automate invoicing based on tracked activities.

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Budgeting And Forecasting Tools

The platform includes budgeting features that allow finance teams to create, revise, and monitor budgets across departments. Users can compare actuals against forecasts through interactive reports and dashboards. This helps decision-makers assess performance trends and adjust projections throughout the fiscal cycle.

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Allocations Management

Xledger automates allocation processes by distributing costs or revenues across projects or entities based on predefined rules. This reduces manual journal entries and spreadsheet calculations, enabling finance teams to apply consistent allocation logic while maintaining traceability within the accounting framework.

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Time And Expense Tracking

Employees can record time and submit expense claims directly within the system, while managers review and approve entries through defined workflows. Approved data flows into accounting and project records, supporting accurate billing, cost tracking, and reimbursement processes without separate tracking tools.

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Pros And Cons of Xledger

Pros

  • The OCR engine reduces the need for manual data entry

  • Effective licensing model makes it easy to scale up or down without being locked in

  • Comes with a drill down feature so users don't have to keep changing screens

Cons

  • The platform has unclear communications regarding fixing schedules

  • Lack of automated bookkeeping

Xledger Reviews

Total 11 reviews

4.5

All reviews are from verified customers

Rating Distribution

5

Stars

55%

4

Stars

45%

3

Stars

0%

2

Stars

0%

1

Stars

0%

Share your experience

J

JABIR

Accounting, 1-10 employees

4.0
January 2024

Easy to customize ERP software

Pros

Xledger software has a highly intuitive design, which makes it quite easy to navigate. Even people with little accounting experience on our team able to get the hang of it pretty quickly.

Cons

Like any cloud-based platform, I do have some concerns regarding data security.

Rating Distribution

Ease of use

9

Value for money

9

Customer Support

9

Functionality

9

A

Anonymous

Not specified, 1-10 employees

Less than 6 months

5.0
July 2023

Quite easy to install...

Pros

Their OCR engine for purchase invoices has really helped speed up our processing time and we no longer need to manually enter data. Plus, the automatic postings for bank entries have made managing our finances much easier, so we can focus on other important parts of the business.

Cons

I feel like the interface could be more simple. Additionally, navigating the filters and reports takes a bit more effort than I expected. However, Xledger still provides valuable financial management features.

Rating Distribution

Ease of use

8

Value for money

9

Customer Support

10

Functionality

9

M

Magnus

Architecture, 101-500 employees

More than a year

4.0
July 2023

Good but could be better

Pros

I really like how simple it is to use. Plus billing customers for mileage on the company car is quite easy too.

Cons

Sometimes, it feels a bit too complex for me with so many functions available at once.

Rating Distribution

Ease of use

8

Value for money

8

Customer Support

9

Functionality

7

Frequently Asked Questions

What types of pricing plans does Xledger ERP offer?

The pricing is estimated to start at $750/month. Get in touch with us for a personalized XLedger cost estimate.

What language does Xledger ERP support?

Xledger ERP software supports multiple languages, including English, Norwegian, Swedish, and Finnish languages.

Does Xledger ERP offer an API?

Yes, XLedger offers an API.

What level of support does Xledger ERP offer?

Xledger ERP offers support through email, dedicated webinars, and a dedicated Zendesk support portal.

What other apps does Xledger ERP integrate with?

Xledger integrates with multiple third-party systems, including GoldFinch Cloud Solutions, Salesforce, Microsoft Dynamics 365, and the Bank of America.

Who are the typical users of Xledger ERP?

The software caters to small business owners across several industries, including real estate, energy, education, accounting, and more.

Does XLedger offer a mobile app?

Yes, Xledger ERP offers a mobile app for Android and iOS.