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XLReporting Review

XLReporting
Our score: 8.0 User satisfaction: 93%

What is XLReporting?

XLReporting is an online reporting and forecasting system that allows you to make the reports, budgeting, and projections you need. It automates your analysis and reporting and gathers all of your data in one location to provide accurate numbers at the appropriate time. Connecting your data allows you to build custom reporting and budgeting models that offer automation, transparency, and dependability at every stage.

With free-form framesets that suit your business, the platform enables you to manage your organization’s budget and forecasting process. Moreover, XLReporting may combine actuals from your accounting software with budgets.

The platform is versatile and useable by many types of users too.  Financial professionals, for instance, can automate their monthly reporting, consolidation, and forecast using XLReporting to eliminate using spreadsheets and manual work. Accountants and advisors can help clients by providing them with business information and industry benchmarking. XLReporting offers support in the following forms: implementation advice, proofs-of-concept, user training, and “Assisted Setup.”

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Overview of XLReporting Benefits

Automated Reporting

With the help of XLReporting, you can develop your own reporting by connecting to your system or other data sources. It is integrated with Excel and offers connections for more than 40 different systems and file formats. Additionally, the platform automatically imports, verifies, and optimizes your data which lets you use a variety of sources to generate automatic reports. The platform also ensures that your reports will also always include accurate and up-to-date data, giving you a complete picture and level of control.

Advanced Forecasting

XLReporting controls the whole budget and forecasting process and consolidates all of your data – both financial and non-financial. It provides a free-form editor where you may create your own budget models. Also, the platform comes with an integrated spreadsheet editor that works flawlessly with Excel, thus, providing you with a comfortable environment with database capacity. You can create several budgets with XLReporting, including rolling forecasts, annual budgets, amended budgets, and multi-year plans.

Streamlined Consolidation

Consolidation is automated by XLReporting, which also handles labor-intensive tasks like currency conversion, reconciliation, account mapping, workflow, and audit trail. Additionally, it can consolidate any data you need, including actuals taken straight from your accounting systems, non-financial data, budget data, product volumes, and headcount. By doing so, you can automatically construct your consolidation and elimination journals (such as intercompany balance, reallocation journals, equity elimination, etc.) and maintain an audit trail at all times.

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Overview of XLReporting Features

  • Custom Reporting
  • Report Visualization
  • Budget Management
  • Forecasting
  • Dashboard and KPIs
  • Cashflow Statements
  • Enterprise-grade User Management
  • Third-party Integration

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies

XLReporting Position In Our Categories

Keeping in mind businesses have unique business wants, it is only practical that they abstain from getting an all-in-one, “perfect” solution. However, it is troublesome to try to pinpoint such an app even among recognizable software systems. The better step to do is to write the various vital functions that necessitate analysis such as important features, packages, skill aptitude of the employees, company size, etc. Next, you must do your research thoroughly. Go over some XLReporting review articles and look into the other applications in your shortlist more closely. Such comprehensive research makes sure you drop mismatched software solutions and subscribe to the system which has all the benefits your business requires.

Position of XLReporting in our main categories:

Every business has its own characteristics, and may require a special Financial Reporting Software solution that will be fit for their company size, type of clients and employees and even particular industry they cater to. You should not count on finding an ideal app that will be suitable for each company regardless of their history is. It may be a good idea to read a few XLReporting Financial Reporting Software reviews first and even then you should remember what the solution is intended to do for your company and your workers. Do you need a simple and intuitive service with only elementary features? Will you actually make use of the advanced tools needed by pros and big enterprises? Are there any specific features that are especially beneficial for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a solid solution that will match your budget.

How Much Does XLReporting Cost?

XLReporting Pricing Plans:

Free Trial

Essentials

$288/month

Advanced

$432/month

Enterprise

$720/month

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What are XLReporting pricing details?

XLReporting Pricing Plans:

Free Trial

Essentials

$288/month

Advanced

$432/month

Enterprise

$720/month

XLReporting offers a straightforward enterprise pricing scheme, with plans scaling to the user’s needs and business size. Add-ons are also available and you can try the Essentials plan for free.

Essentials – $288 per month

  • Full reporting & budgeting solution
  • Integration with Xero, Quickbooks, Exact Online, Twinfield, and Excel
  • Multi-company and multi-currency
  • 3-way forecasting (incl cashflow)
  • Up to 2 business dimensions

Advanced – $432 per month

  • Everything from Essentials +
  • Your own reports and budget templates
  • Personalized dashboards
  • Integration with more systems
  • Unlimited dimensions and scenarios

Enterprise – $720 per month

  • Custom data structures
  • Integration with 40+ systems
  • Technical support
  • Setup assistance
  • Extra features

User Satisfaction

Positive Social Media Mentions 2
Negative Social Media Mentions 0

We realize that when you make a decision to buy a Financial Reporting Software it’s vital not only to see how professionals evaluate it in their reviews, but also to find out whether the real people and companies that bought this software are indeed content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and XLReporting reviews across a wide array of social media sites. The information is then featured in an easy to digest format showing how many users had positive and negative experience with XLReporting. With that information at hand you will be prepared to make an informed purchasing decision that you won’t regret.

Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English
  • Dutch

Pricing Model

  • Monthly payment
  • Annual Subscription
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for XLReporting?

XLReporting seamlessly integrates with various finance systems, cloud storage, database, and other third-party platforms. This includes:

  • Xero
  • Quickbooks
  • Twinfield
  • Sage
  • Freshbooks
  • Zoho
  • Microsoft Dynamics
  • Excel
  • Google Drive
  • OneDrive
  • Dropbox
  • Zapier
  • Hevo
  • SQL Servers
  • Okta
  • Azure AD
  • FX Rates
  • DUO
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Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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