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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

Knowing that businesses have specific business-related wants, it is only wise they steer clear of purchasing an all-in-one, ”best” business program. Just the same, it would be futile to find such an app even among recognizable software products. The reasonable thing to undertake should be to tabulate the numerous key factors that demand deliberation like important features, costing, technical skill capability of staff members, organizational size, etc. Thereafter, you must do the research exhaustively. Have a look at some XLReporting analyses and explore each of the software systems in your shortlist more closely. Such all-encompassing research ascertain you keep away from poorly fit apps and buy the system which has all the benefits your business requires in growing the business.

Position of XLReporting in our main categories:

It's important to note that hardly any software in the Financial Reporting Software category is going to be a perfect solution that can match all the requirements of different business types, sizes and industries. It may be a good idea to read a few XLReporting Financial Reporting Software reviews first as certain services may perform well exclusively in a very small group of applications or be created with a very specific industry in mind. Others can function with a goal of being simple and intuitive and therefore lack complicated functions desired by more experienced users. You can also find solutions that support a large group of users and give you a rich feature base, but this frequently comes at a higher cost of such a service. Ensure you're aware of your requirements so that you choose a software that provides all the elements you search for.

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 know that when you decide to buy a Financial Reporting Software it’s vital not only to find out how professionals evaluate it in their reviews, but also to check whether the actual users and companies that purchased this software are genuinely content with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and XLReporting reviews across a wide range of social media sites. The data is then presented in an easy to digest form revealing how many people had positive and negative experience with XLReporting. With that information at hand you will be ready to make an informed business choice 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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