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Unlike traditional or hosted accounting software, Xledger only has to maintain one version of the software, with upgrades managed by us on a quarterly basis. This affords you access to innovation faster as new capabilities are released with each update.
Xledger provides 4 major upgrades of its software every year at no extra cost to you and, best of all, all our customers are permanently on the most up to date version of the software.
Accounting systems that are customised make future upgrades cost prohibitive due to their complexity and resource requirements. Upgrades can be put off for months or years as a result. But don’t just take our word for it.
Respected studies by both Thomson Reuters and the Aberdeen Group found that just 28% of organisations are using the latest release of their chosen accounting system. As for the rest, 31% are 1 release behind, 13% are 2 releases behind, and another 13% are 3 or more behind. 63% of finance teams had failed to update or upgrade their on-premise accounts systems for 5 years or more.
Because customisation changes the underlying application, it can even break your ability to upgrade to a future version. Consequently, you endure the risk of being isolated on old releases. The burden and cost of recording, testing, and transitioning customisations from version to version lies with you.
Xledger addresses your specific needs via configuration rather than customisation. In fact, configuration is emerging as a best-practice and, by supporting configuration, Xledger enables you to tailor business processes to meet your individual needs – without compromising your upgrade path. Configurations are captured separately from application capabilities, so ongoing updates can occur without endangering your configurations.
Pay as You Go
The total cost of ownership of accounting systems is comprised of much more than just the one time purchase price of the software. Xledger is available on a predictable pay-as-you-go monthly subscription fee. There are no hidden costs for upgrading customisations and integrations in the future. Upfront or ongoing investments in hardware and software license fees are not required.
The pay-as-you-go model means we have to earn your trust – we don’t lock you in and you can unsubscribe at any time given a months’ notice.