Xledger vs Unit4 ERP

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Our analysts compared Xledger vs Unit4 ERP based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Unit4 ERP Software Tool

Product Basics

Xledger is a cloud-based financial management platform that combines multi-dimensional reporting and devolved budgeting in a single unified module. It automates processes such as bookkeeping, invoicing, asset management and bank reconciliation. It supports multi-entity, multi-currency transactions, consolidating data for all the entities in the user’s enterprise.

For charities and nonprofits, it combines donor management and fund accounting. It helps professional services organizations automate and streamline processes through the entire project lifecycle, starting from workflow and ending with payment processing. Users can grow without limits by tracking costs and maximizing profits. 

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Unit4 ERP leverages a natural language digital assistant to expedite day-to-day business activities and provides a seamless user experience. Its financial management module offers real-time visibility and control over each stage of the record-to-report cycle. It consolidates enterprise-wide data within a unified system to streamline budget planning and analysis.

Automate and streamline project life cycles, optimize resource utilization and execute projects with precision with the project management inclusion.
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$1,440 Monthly
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$49/User, Monthly
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Tailored to your specific needs
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Product Assistance

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Live Online
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Email
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Automation: Solutions by Xledger automates processes to build users’ bottom line by freeing accountants from manually entering data. It saves resources and manpower with automation in bank reconciliation, posting suggestions, consolidated reports and purchasing and payment processing. 
  • Insight: Xledger comes equipped with advanced BI tools like role-based dashboards, configurable reporting and multi-dimensional inquiries. Users can go as deep as the transaction level for complete understanding.
  • Scalability: It equips organizations to grow without costs, limits or penalties. It can be set up quickly and expanded seamlessly. Users can create new business units smoothly. Transactions can be conducted in 23 languages and in all currencies. It maximizes efficiency through its multi-tenant cloud feature. 
  • True Cloud: With Xledger, users pay only for the resources they use. It’s a true cloud provider as it hosts all its customers on the same software instance. Users also receive upgrades, the latest version of the software and fixes to security issues. 
  • Configuration: It configures to the requirements of the users. It has built-in levers and captures configurations differently from solution capabilities. Upgrades become easier to implement as well. 
  • Unified Solution: Since Xledger is a unified cloud-based ERP solution, functional areas are interwoven with each other. It permits users to access all the modules as it is a multi-tenant platform. 
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  • Planning and Control: Increase planning speed to empower businesses to grow exponentially and respond to opportunities. 
  • Make Data-Driven Decisions: Gain useful insights into the data to make better business decisions and allocate and utilize business resources optimally. 
  • Boost Employee Retention: Engage, support and inspire people to perform better to boost employee retention rate. 
  • Accelerate Learning: Empower employees to learn at their own pace and develop their skillsets for career growth and development. 
  • Improve Employee Experience: Automate back-office tasks and interact with systems via natural language digital assistant to carry out day-to-day business activities to improve employee experiences. 
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  • Core Accounting: It provides analytical capabilities and advanced automation for accounts receivable and payable, cashbook and general ledgers. It has a flexible accounting chart, consolidated financial information in real-time and automated data entry. It helps generate 1099s easily. 
  • Reporting: The software has a powerful business intelligence toolset, which helps users assess liquidity, analyze data and extract data for better decision making. It has updated real-time dashboards, configurable reports and multi-entry inquiry screens. 
  • Asset Management: It enables accounting professionals to manage and automate the complete lifecycle of fixed assets starting from acquisition and construction to disposal. Automation reduces the time spent on tracking, depreciating and managing fixed assets. This eliminates errors, uncertainties and interventions that afflict excel sheets and other applications. 
  • Forecasting and Budgeting: It allows for an unlimited number of budget revisions and supports multi-entity and multi-currency budgeting. It also supports multi-dimensional analysis and importing from external sources. It makes it easy to compare actual against available budget. 
  • Accounts Payable and Receivable: It automates data entry via OCR bill reading and pre-registration. It has a multi-person, multi-rule and multi-level payment and posting workflows. Xledger has templates for invoices and delivery options. It calculates discounts, royalties, commissions and interest charges. 
  • Project Accounting: Xledger helps users manage projects of all sizes with resource planning, time capture, project invoicing and project accounting. It supports features such as project structure, costing, expenses, reporting and follow up. It handles multi-entity projects and project hierarchies. 
  • Time and Expenses: Xledger equips users with paperless approvals and granular analytics. Employees can directly input or import timesheets using Xledger’s phone app, browser or calendar-based input. Managers can view timesheets from multiple angles and also have access to an electronic timesheet archive. 
  • Payroll: It supports a flexible payroll system, which has payslip distribution via web, mail and email and automatic matching for data in the books. It allows for recurring payroll frequencies and has a set of taxation rules and rate registers. 
  • Procurement and Inventory: Xledger auto-generates purchase proposals and has pre-made purchase order templates. It tracks serial and batch numbers. It also automatically posts goods received accruals. 
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  • Financial Management: Consolidate organization-wide data to streamline budget planning and analysis. Plan cash flow, manage operational budgets and forecast sales, costs and revenue with a financial planning module. Create robust data visualizations to plan and manage budgets and forecasts while mitigating risks. 
  • Project Management: Streamline and automate end-to-end project lifecycle. Gain complete visibility and control over project and people planning, scheduling, resource management and cost and budget analysis. Leverage project templates to automate the project setup and manage complex projects. 
  • Procurement Management: Connect directly with the approved suppliers for reduced overheads and increased accuracy and control. Use a centralized procure-to-pay solution to improve efficiency and reduce costs. Gauge spending patterns accurately to negotiate better pricing and terms and conditions. 
  • Analytics and Reporting: Unearth hidden patterns, trends and relationships in historical data to comprehend risk and opportunities. Leverage AI and self-service analytics tools to analyze and drill down data to the transactional level. Create and share automated reports to facilitate collaboration. 
  • Core HR: Manage the entire hire-to-retire cycle with a centralized database and control center. Record, monitor and report employees’ absence with the expense management module. Automate approval and expense calculations to minimize administration for employees and managers. 
  • Payroll Management: Leverage the payroll management module to synchronize HR data, gain agility and manage complex calculations. Streamline and automate payroll processes and create custom reports using employee and payroll data to visualize insights and make data-driven decisions. 
  • Talent Management: Build and develop a workforce to create high-performing teams using performance management tools. Roll out mini-surveys to specific teams to understand employees, spot trends and predict employee turnover. 
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Product Ranking

#113

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ERP Software

#142

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ERP Software

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User Sentiment Summary

Excellent User Sentiment 7 reviews
Good User Sentiment 89 reviews
95%
of users recommend this product

Xledger has a 'excellent' User Satisfaction Rating of 95% when considering 7 user reviews from 2 recognized software review sites.

74%
of users recommend this product

Unit4 ERP has a 'good' User Satisfaction Rating of 74% when considering 89 user reviews from 4 recognized software review sites.

5.0 (1)
3.7 (70)
4.7 (6)
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3.7 (7)
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4.1 (7)
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2.8 (5)

Awards

Xledger stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Streamlined Accounting Processes: Users praise Xledger for automating tasks like bank reconciliation, saving time and reducing errors.
Real-Time Financial Insights: The platform's dashboards and reporting tools provide a clear view of financial performance, enabling data-driven decisions.
Improved Collaboration: Xledger facilitates communication and data sharing between departments, leading to better coordination and efficiency.
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Industry-Specific Solutions: Unit4 ERP offers tailored solutions for specific sectors like education and non-profits, addressing their unique needs.
User-Friendly Interface: Many users praise the system's intuitive design, making it easy to navigate and use.
Cloud-Based Accessibility: Unit4 ERP's cloud-based nature allows for convenient access from any location with an internet connection.
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Complex user interface: Some users have reported that Xledger's interface can be difficult to navigate and understand, especially for those who are new to the software.
Limited customization options: Users have expressed frustration with the limited ability to customize the software to fit their specific needs.
Slow support response times: Some users have complained about slow response times from Xledger's support team, which can be a major issue when dealing with critical software problems.
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Complex User Interface: Some users find the interface difficult to navigate and not intuitive, leading to a steep learning curve.
Reporting Limitations: Users have reported difficulties in generating custom reports and extracting specific data, hindering data analysis and decision-making.
Integration Challenges: Integrating Unit4 ERP with other systems can be complex and require significant technical expertise, potentially leading to delays and increased costs.
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Is Xledger the X-factor your business needs for ERP solutions? Over the past year, user reviews of Xledger have painted a predominantly positive picture, highlighting its robust functionality and user-friendly interface. Many users appreciate its cloud-based nature, which allows for real-time data access and seamless integration across various departments. Compared to similar products like SAP and Oracle, Xledger stands out for its ease of use and lower implementation costs. One of the key strengths users frequently mention is Xledger's comprehensive reporting capabilities. The software offers customizable dashboards and detailed financial reports, which are crucial for informed decision-making. Users also commend its automation features, which significantly reduce manual data entry and the risk of human error. For instance, one user noted that the automated bank reconciliation feature saved their accounting team several hours each week. However, Xledger is not without its weaknesses. Some users have reported that the initial setup can be complex and time-consuming, requiring a steep learning curve. Additionally, while the customer support is generally responsive, a few users have experienced delays in resolving technical issues. These drawbacks, though notable, are often overshadowed by the software's overall performance and reliability. What truly differentiates Xledger from competitors is its scalability and flexibility. Small to medium-sized enterprises (SMEs) find it particularly beneficial due to its modular design, which allows businesses to add or remove features as needed. This adaptability is crucial for growing companies that need a solution capable of evolving with their needs. In conclusion, Xledger is best suited for SMEs looking for a cost-effective, scalable ERP solution with strong reporting and automation capabilities. While it may require some initial effort to set up, the long-term benefits make it a worthwhile investment for businesses aiming to streamline their operations and enhance productivity.

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Unit4 ERP is generally praised for its user-friendly interface, making it easy to navigate and find necessary information. Users highlight its flexibility, allowing customization to meet specific business needs and the ability to add new features as requirements evolve. The scalability of Unit4 ERP is also a plus, as users can easily add users and new locations as their businesses grow. One user even stated that Unit4 ERP is the most user-friendly ERP solution they've ever used. However, while Unit4 ERP can scale for growth, it's worth noting that it's primarily built for smaller organizations. This makes it a great option for smaller businesses that plan to scale, as they can have a solution that provides the breadth of capabilities they need now and in the future. Unit4 ERP is best suited for small to mid-sized organizations that are looking for a user-friendly, flexible, and scalable ERP solution. Larger organizations with more complex needs may find that Unit4 ERP lacks some of the features and functionality they require. It's always a good idea to check for the most up-to-date user reviews and product information, as software capabilities can change rapidly.

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