Edgar de Wit
AI is everywhere. The promise: automation, speed, and less manual work. But in finance, things work differently. Financial professionals need to trust numbers, and that means understanding where they come from.
At XLReporting, we don’t see AI as a replacement for the financial professional, but as an enhancement. Not an autonomous black box, but a transparent assistant that explains what it does, why it does it, and which data it uses.
With that vision, we have developed a new set of AI features that make the work of finance teams faster, easier, and more reliable.
Reporting, budgeting and consolidation take a lot of time. Not because of the analysis itself, but because of everything that comes before it: collecting, cleaning, correcting and interpreting data.
Our AI features are designed to relieve exactly that workload. Not by making decisions for users, but by speeding up processes and making insight more accessible. The less time you spend preparing, the more time you can spend on what truly adds value: insight, direction and advice.
Our new AI capabilities are built on a single principle: support, don’t replace. Our new AI capabilities are built on a single principle: support, don’t replace.
In both reports and planning models, you can now ask natural-language questions such as:
The assistant gives clear answers based on your own data, models, settings and documentation. No more searching, just the information you need, when you need it.
The AI analysis function automatically recognises trends, anomalies, patterns and variances. And importantly: it always shows why something stands out. No black box, no hidden logic, but transparent explanations with supporting details. .
The assistant can also generate full report summaries that you can export to PDF, Word, HTML or text.
Cleaning data consumes enormous time for finance teams. XLReporting now introduces AI features that convert, translate, categorise, match and harmonise data.
Examples include:
Less manual work, ready-to-use data, and faster reporting cycles.
You can now create scenarios simply by asking. For example:
AI uses your own budgeting model, assumptions and parameters. You stay in full control, AI only accelerates the process.
Xavier is the new AI-powered support assistant from XLReporting, designed to help finance teams work faster, understand the platform more easily, and get immediate answers, directly inside ChatGPT.
Where the built-in Help Assistant in XLReporting answers one question at a time, Xavier adds something extra: real conversation. He keeps context, asks follow-up questions, and guides you step by step through more complex tasks.
Whether you want to:
Xavier explains each process clearly, using the same knowledge base as XLReporting’s Support Center but with the flexibility of natural dialogue. This means fewer searches, faster learning, and immediate guidance wherever you are working. Xavier is currently in beta, available on request, and designed to make XLReporting even more intuitive for finance professionals who want clarity, structure, and control.
View our AI features (including Xavier!) in actionWe do not believe in a fully autonomous AI that draws conclusions without explanation.
Finance teams must be able to follow how numbers are generated. It’s essential for internal control, audit trails and consistency. It’s also crucial for trust and reliability. AI in XLReporting therefore always works transparently and explanatory. It doesn’t make decisions, but it acts as an extended, always-available colleague.
The new AI features in XLReporting strengthen the core of our platform: accelerating and improving financial processes without sacrificing control, insight or reliability. With AI, you work faster, gain deeper insight and, most importantly, free up time for advice and strategy.
Curious whether XLReporting Lean CPM software fits your organisation? Book a free demo or read more on our website. Want to assess the maturity of your financial processes? Take the free Quick Scan and receive personalised feedback with concrete improvement points.
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