Non-Profit organizations, just like any organization, must have an overview at all times of their financial position, both actuals and compared to budget. This is important for budgeting, planning, and decision-making.
Read moreCash flow forecasting is essential for managing your business finances and planning for the future. It involves predicting the inflow and outflow of cash over a specific time, typically a month or a quarter.
Read moreNo matter your business or industry, it is essential to prioritize financial reporting and budgeting within your organization. The finance department handles these tasks daily with precision to ensure accurate data.
Read moreThe planning of revenue is often the starting point of your budget cycle. Your revenue expectation forms the basis of the budget. This article explains what the Revenue Planner can do and its benefits.
Read moreIn the fast-paced world of modern business, accurate and dependable financial data is. crucial. Whether your organization is big or small, poor data quality can have significant consequences.
Read moreFor any non-profit organization, budget management is a critical task that can be daunting, time-consuming, and expensive. Even the most experienced staff member can find it hard to stay up to date on budgeting best practices and processes.
Read moreThe COVID-19 outbreak brought to light (often in a dispruptive way) the significance of effective procedures for managing liquidity risk. Cash management went from a secondary concern for business owners to a primary one due to significant upheavals in global supply chains.
Read moreThe need for advanced financial tools and the need to track and forecast income and cashflow is on a rise and so is XLReporting! We have been busy and that hasn't gone unnoticed in the market. We have been mentioned favourably in the press on several occasions over the past years.
Read moreAs a financial controller or director, you understand the importance of cash flow management in ensuring the success of your business. One of the first steps in effective cash flow planning is the analysis of past cash flow.
Read moreDue to its popularity, Excel is widely used by organizations for cash flow analysis. However, it has some drawbacks that can make the process difficult, such as collecting data from various sources and manually creating and automating budgets.
Read moreAs the global financial landscape continues to evolve, companies face an increasingly complex and unpredictable environment when it comes to managing their cash flow.
Read moreConsolidating financial reporting for multiple companies can be a daunting task, especially when working with Quickbooks. However, with the right solution, you can streamline the process and gain confidence in your numbers and decisions.
Read moreWe are delighted to present our Year 2022 Review, a celebration of the major accomplishments of the XLReporting team during this year.
Read moreWe start this new year with our latest release 37. It contains many improvements and features that customers asked for, along with many other features that you will enjoy.
Read moreFinancial consolidation can be a complex process, and many don’t know where to start. That's why we wrote this article providing a step-by-step guide to help you understand the financial consolidation process and what it takes to successfully consolidate your finances.
Read moreCashflow forecasting should be an essential practise in every company, as it enables you to predict and manage the inflow, outflow, and availability of cash at every point in time.
Read moreWe hope everyone had a good holiday and is coming back to work with renewed energy. We have used the summer period to work hard on our platform and to prepare it for the new reporting and budget year.
Read moreDo you have multiple dimensions in your business (e.g. departments, locations, cost centers, product groups, sales channels etc) but are you unable to record these transactions properly in your accounting system?
Read moreOrganizations of all sizes, in every industry, rely on accurate and insightful reporting to make critical decisions. This blog post outlines 5 steps that can help you improve reporting, budgeting and financial analysis.
Read moreMonthly financial reporting is something many people have to do for their job, but it can take a lot of time and effort to compile all the information and put it together.
Read moreIn the past, business owners have been content with simple monthly reporting. But times have changed and financial budgeting and forecasting has become critical.
Read moreWe are comparing Power BI with XLReporting in seven ways. What are the pros and cons? What is Power BI good at and how does it compare to XLReporting?
Read moreWe often receive this question: "How can we report on Xero tracking categories with multiple Xero administrations?"
Read moreBarely a month ago, we had a major release with many new features. And now we're releasing another major update. We're excited to let you know what's new.
Read moreWe are comparing Tableau with XLReporting in seven ways. What are the pros and cons? What is Tableau good at and how does it compare to XLReporting?
Read moreCreating reports for departments is a lot of work if you depend on spreadsheets. It becomes even more problematic when your company decides to reorganize.
Read moreWith 2021 behind us, it is a good time to look back on what we have achieved. We added lots of new features and improvements to XLReporting this year.
Read more90% of all businesses rely on spreadsheets for their financial reporting and budgeting. It is time-consuming to refresh the numbers every time, make changes, update formulas etc.
Read moreLots of people are struggling to produce their reporting on time every month. Multiple deadlines, last-minute changes, data that arrives late etc. Little time is left to analyze the numbers.
Read moreWhen you build your reports, it is important you focus on the metrics that tell the story behind your numbers. What drives your business, and what is driving your numbers?
Read moreMany companies end up with complicated reporting spreadsheets, just because their Chart of Accounts is messy. Too many accounts, too few, inconsistent classification etc.
Read moreWe often see budgets that try to predict the future in great detail without focussing on the fundamentals of the business, and without clear goals and actions as an outcome.
Read moreMany companies have multiple "dimensions" in their business but are unable to analyze their results. That is difficult if you can't report numbers for each of these dimensions.
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