Know your current cash status
The status of cash position is one of the most vital pieces of information to businesses of all sizes and over half of all bankruptcies are due to a lack of understanding of liquidity. Yet finding out the amount of cash on hand at any given moment is often difficult to obtain. This is especially true for distributed organisations.
Xledger’s cash and payments management functionality offers class-leading, extensive tools for managing bank accounts, payments, deposits and other cash assets. Dashboards provide instant access to analyse cash inflow and outflow giving you better understanding of current cash position.
View and process all bank transactions from within Xledger, including payment authorisation and approval, automated import of statement data, bank reconciliation and automated posting. This empowers you to know your company’s liquidity at any point in time and forecast future cash flow based upon accurate, up-to-date data. Explore these features in more detail below.