Recent blogs

Important Financial Statements for Non-Profit Organizations

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 moreauthor Edgar de Wit

How to Do Cash Flow Forecasting in Xero

Cash 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 moreauthor Edgar de Wit

Integrate Xero with Reporting and Forecasting: Step-by-Step

No 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 moreauthor Edgar de Wit

How To Forecast Revenue With Ease

The 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 moreauthor Edgar de Wit

Why Good Financial Data Quality is Crucial for Your Business

In 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 moreauthor Edgar de Wit

Best Practices Budgeting Tool for Non-Profit

For 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 moreauthor Nicola van Rijn

Effective Tools and Methods for Cash Flow Forecasting

The 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 moreauthor Johan Smith

XLReporting named as key player in budgeting software market

The 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 moreauthor Nicola van Rijn

Analyze Past Cash Flow: A Critical Step

As 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 moreauthor Edgar de Wit

Maximize the Power of Cash Flow Analysis

Due 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 moreauthor Edgar de Wit

Reduce Cash Management Risk

As the global financial landscape continues to evolve, companies face an increasingly complex and unpredictable environment when it comes to managing their cash flow.

Read moreauthor Edgar de Wit

A guide to consolidation with QuickBooks

Consolidating 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 moreauthor Edgar de Wit

Review of the year 2022

We are delighted to present our Year 2022 Review, a celebration of the major accomplishments of the XLReporting team during this year.

Read moreauthor Edgar de Wit

What is new in release 37

We 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 moreauthor Edgar de Wit

A step-by-step guide to financial consolidation

Financial 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 moreauthor Nicola van Rijn

The importance of cashflow forecasting

Cashflow 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 moreauthor Nicola van Rijn

What is new in release 36

We 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 moreauthor Edgar de Wit

Define extra dimensions

Do 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 moreauthor Johan Smith

Improve reporting, budgeting and analysis in 5 steps

Organizations 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 moreauthor Johan Smith

Free up time from monthly financial reporting

Monthly 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 moreauthor Nicola van Rijn

Build the right budget structure for your business

In the past, business owners have been content with simple monthly reporting. But times have changed and financial budgeting and forecasting has become critical.

Read moreauthor Nicola van Rijn

Compare Power BI to XLReporting in 7 ways

We 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 moreauthor Edgar de Wit

Report on Xero tracking categories

We often receive this question: "How can we report on Xero tracking categories with multiple Xero administrations?"

Read moreauthor Edgar de Wit

What is new in release 35

Barely 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 moreauthor Edgar de Wit

Compare Tableau to XLReporting in 7 ways

We 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 moreauthor Edgar de Wit

Minimize headaches at reorganizations

Creating 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 moreauthor Edgar de Wit

Year review of 2021

With 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 moreauthor Johan Smith

Stop relying on spreadsheets

90% 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 moreauthor Johan Smith

Improve your reporting in 5 steps

Lots 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 moreauthor Edgar de Wit

Find the right metrics in your business

When 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 moreauthor Nicola van Rijn

Optimize your chart of accounts

Many companies end up with complicated reporting spreadsheets, just because their Chart of Accounts is messy. Too many accounts, too few, inconsistent classification etc.

Read moreauthor Edgar de Wit

Build effective budget models

We 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 moreauthor Johan Smith

Find the dimensions in your business

Many 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.

Read moreauthor Edgar de Wit

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