Xledger

What Xledger does

Xledger is a cloud-based financial management / ERP software company serving mid-market and enterprise organizations with multi-entity accounting needs. Founded around 2005 and headquartered in Oslo, Norway, the company reports serving more than 10,000 organizations across 60+ countries through offices in Oslo, Stockholm, Bristol (UK/EMEA regional HQ), and Colorado Springs (US HQ). The platform is built as a true multi-tenant cloud ERP with an open API architecture (XML web services, JSON, GraphQL), and delivers native multi-entity consolidation with currency translation and intercompany eliminations, real-time financial reporting, purchase-to-pay automation including OCR capture and three-way matching, and pre-built integrations with major banks (JPMorgan Chase, Wells Fargo, Bank of America), CRM systems (Salesforce, Microsoft Dynamics), identity providers (Okta, Azure AD, CyberArk, Microsoft ADFS), and analytics tools (PowerBI, Zapier). Modules include Core Accounting, Reporting & BI Dashboards, Group & Multi-Entity Accounting, Project Accounting, Procurement & Inventory, Workflow & Approvals, plus add-ons for Asset Management, Budgeting & Forecasting, Carbon Accounting & ESG Reporting, Cash/Bank/Payments, Expenses, Orders & Invoicing, Timesheets, and Sales Tax / MTD Compliance.

The company sells exclusively through a direct, consultative enterprise field-sales motion targeting finance and operations decision-makers, augmented by implementation partnerships with Big-tier accounting firms PwC and BDO and a network of regional resellers. Revenue is generated via monthly SaaS subscriptions priced on a quote basis (varying by organization size, complexity, entities, and modules) plus one-time implementation services fees. Xledger targets 11 industry verticals — Arts & Culture, Associations & Membership, Education & Early Years, Energy, Financial Services, Hospitality, Non-Profit and Foundations, Professional Services, Real Estate & Property Management, Senior Care & Assisted Living, and Technology — and reports a 98% customer retention rate. The platform holds ISO 27001:2022, ISAE 3402 Type 2, ISAE 3000, Cyber Essentials, and GDPR certifications, and operates as a private, independent company with no disclosed external funding rounds or parent organization in the available data.

Name

Xledger

Legal name

Xledger

Website

https://xledger.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Xledger is a cloud-based ERP platform providing financial management software for mid-market and enterprise multi-entity organizations, serving 10,000+ customers across 60+ countries via direct SaaS subscriptions and implementation services.

Ownership category

akta.pro rank

Product category

Cloud ERP Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industries

ERP Implementation & Systems Integration Services (BPAEAGAA), ERP Extensions & Add-ons (CPQ, Billing, Revenue Management) (HDAEAEAO)

Keywords

• Cloud ERP software
• Financial management software
• Multi-entity accounting
• Mid-market ERP
• Accounting automation

Headquarters

HQ city

Bromma

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription: Monthly subscription-based SaaS pricing model. Customers pay a recurring monthly fee for access to the Xledger cloud ERP platform. Pricing is based on business needs and organization size.
2. Implementation Services: One-time implementation fee for initial setup, configuration, data migration, and onboarding. This is a one-time professional services revenue stream alongside the recurring subscription.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Xledger provides a cloud-based ERP platform with financial management and multi-entity accounting capabilities designed for mid-market to enterprise businesses. The platform offers modules for core accounting, reporting and BI dashboards, group and multi-entity accounting, project accounting, procurement and inventory, and workflow automation, alongside implementation services.

Product overview

Xledger is a modern cloud ERP system designed for mid-market to large enterprise businesses. The platform is a unified solution with multiple integrated modules including Core Accounting (real-time ledger, multi-entity support), Reporting & BI Dashboards (interactive dashboards, drill-downs), Group & Multi-Entity Accounting (consolidations, currency translation), Project Accounting (resource planning, WIP, invoicing), Procurement & Inventory (purchase-to-pay, OCR, three-way match), Workflow & Approvals (configurable routing), and additional modules for Asset Management, Budgeting & Forecasting, Carbon Accounting/ESG Reporting, Cash/Bank/Payments, Expenses, Orders & Invoicing, Timesheets, and Sales Tax/MTD Compliance. All modules share a common database and work together as a single integrated system.

Differentiator

Problem solved

Functional benefit

Products and services

• Xledger Cloud ERP Platform
• Implementation Services

Quantifiable outcome

• 98% customer retention rate
• +2 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability4 records

Feature5 records

Partnerships

15 partnerships are on record, tiered core and minor.

• PwCcoreImplementation/ SI/ Consulting PartnerPartnership with international accounting firm PwC for implementation and consulting services. PwC professionals assist clients with Xledger deployment, configuration, and financial process optimization.
• BDOcoreImplementation/ SI/ Consulting PartnerPartnership with international accounting firm BDO for implementation and consulting services. BDO provides advisory services for Xledger implementations and financial transformation projects.
• GoldFinch Cloud SolutionsminorChannel Partner/ Reseller/ DistributorCloud solutions partner that resells and implements Xledger to end customers. Provides localized support and implementation services.
• AccuriseminorChannel Partner/ Reseller/ DistributorPartner offering Xledger implementation and support services to customers in their market.
• EnoraminorChannel Partner/ Reseller/ DistributorPartner providing Xledger-related services to their customer base.
• View GroupminorChannel Partner/ Reseller/ DistributorPartner offering Xledger implementation and support services.
• AcconomyminorChannel Partner/ Reseller/ DistributorPartner providing Xledger-related services to customers.
• Ecitem NorianminorChannel Partner/ Reseller/ DistributorPartner offering Xledger services to their customer base.
• EcITminorChannel Partner/ Reseller/ DistributorPartner providing Xledger implementation and support.
• Pacific Crest GroupminorChannel Partner/ Reseller/ DistributorPartner offering Xledger services to customers.
• SalesforcecoreTechnology or IntegrationPre-built integration between Xledger ERP and Salesforce CRM, enabling seamless data flow between financial and customer relationship management systems.
• Microsoft Dynamics CRMcoreTechnology or IntegrationPre-built integration between Xledger ERP and Microsoft Dynamics CRM, enabling bi-directional data synchronization for customers using the Microsoft ecosystem.
• JPMorgan Chase BankcoreTechnology or IntegrationPre-built banking integration enabling automated bank feeds, reconciliation, and payment processing with JPMorgan Chase Bank accounts.
• Wells Fargo BankcoreTechnology or IntegrationPre-built banking integration enabling automated bank feeds, reconciliation, and payment processing with Wells Fargo Bank accounts.
• Bank of AmericacoreTechnology or IntegrationPre-built banking integration enabling automated bank feeds, reconciliation, and payment processing with Bank of America accounts.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• NetSuite (Oracle): Oracle NetSuite is the most direct cloud ERP competitor, offering financials, multi-entity, multi-currency, and global consolidation to mid-market and enterprise organizations on a true multi-tenant cloud platform — directly overlapping Xledger's core proposition.
• Sage Intacct: Sage Intacct is a leading cloud financial management platform targeting mid-market and SMB with multi-entity consolidation, dimensional reporting, and best-in-class financial controls — the closest head-to-head competitor in Xledger's core customer segment.
• Microsoft Dynamics 365 Business Central: Microsoft Dynamics 365 Business Central is a cloud ERP for mid-market organizations offering financials, supply chain, and project management with deep Microsoft 365 integration — a primary competitor competing on ecosystem depth and Microsoft-native buyers.
• SAP Business One: SAP Business One (and S/4HANA Cloud) targets mid-market and growing subsidiaries with financials, multi-entity consolidation, and CRM — directly competing for the same multi-entity mid-market buyer that Xledger targets.
• Acumatica: Acumatica is a cloud-native ERP offering financials, project accounting, distribution, and CRM with consumption-based pricing — directly comparable to Xledger in multi-entity financials, project accounting, and mid-market cloud positioning.

Broad incumbents

• Workday Financial Management: Workday offers cloud financial management, real-time analytics, and consolidation for enterprise and upper mid-market — a broader incumbent competing for the same finance buyer with deeper AI/analytics investment and enterprise-grade scale.
• QuickBooks Online (Intuit): Intuit QuickBooks Online dominates the lower mid-market with cloud accounting, banking integrations, and AI-assisted bookkeeping — competing for the bottom of Xledger's target segment with a massive ecosystem and aggressive AI roadmap.

Emerging players

• BlackLine: BlackLine provides cloud financial close automation, account reconciliation, and intercompany transaction management — overlapping Xledger's consolidation and workflow capabilities as a complement or alternative in larger enterprises.
• CCH Tagetik (Wolters Kluwer): CCH Tagetik is a cloud financial performance management platform specializing in consolidation, planning, and regulatory reporting — a niche competitor addressing Xledger's multi-entity consolidation strength in larger, regulated enterprises.
• Multiview Financial Software: Multiview provides cloud financial ERP for mid-market multi-entity organizations with consolidations, intercompany, and dimension-based reporting — directly comparable to Xledger's core multi-entity proposition in the same customer segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/xledgerusa
• Facebookfacebook.com/xledgerusa
• LinkedInlinkedin.com/company/xledger-usa

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xledger