Brought to you by
Xledger logo

Xledger is a leading provider of next-generation cloud-based finance software. 

Save content
Have you found this content useful? Use the button above to save it to your profile.

Bristol Sport Streamlines Finance Function with Xledger

25th Jun 2024
Brought to you by
Xledger logo

Xledger is a leading provider of next-generation cloud-based finance software. 

Save content
Have you found this content useful? Use the button above to save it to your profile.

Transitioning to a new finance solution can be a daunting prospect for any business. New processes to learn, fear of delays and the admin that comes with a switch can cause headaches for even the most agile of finance departments.

bristol sport stadium
xledger

So, when a business the size of Bristol Sport wanted to automate its finance function, finding a partner who could provide a slick transition and a thorough consultative approach was vital.

This article will look at how Bristol Sport successfully deployed Xledger’s automated cloud finance solution to drive efficiencies through automation, insight and scalability across the Group’s finance function.  

Click here to watch the full case study

The need to digitise

As a Sporting Group, there are numerous moving parts within the Bristol Sport organisation.

With operations spanning five professional sport teams and a stadium hosting concerts and events, Bristol Sport required a system capable of consolidating vast data volumes while effectively handling intercompany accounting. Real-time analytics for timely business insights were also a key priority.

Bristol-based cloud finance software provider Xledger UK – which could provide the ability to unlock access to real-time data for timely and insight-led business decision-making – was viewed as a natural choice given their long-established partnership and aligned values.  

 

The importance of relationships

While on the surface the Xledger software was a perfect fit for Bristol Sport’s needs, it was in Xledger’s consultancy, knowledge and approach that added far more value to Bristol Sport’s finance transformation.

On the partnership, Bristol Sport’s group financial controller Alistair Deswert said:

"We really benefited from Xledger's consultative approach during our transition. The fact that they're Bristol based and all accountants means they speak our language and understand our pain points. They're also a great cultural fit for our team. "

Xledger's cloud finance solution provided the scalability and advanced capabilities Bristol Sport needed to move beyond its legacy systems. The finance team plans to continue leveraging more functionality like budgeting, dashboards and enhanced reporting as its usage evolves.

Deswert continued: "We know there's still a lot more we can be doing with Xledger...putting our budgets online for full automation, exploring dashboards and really turning management information into broad reporting packs to bring the data to life.”

 

Experience is key

With over 10,000 customers globally and specialising in finance transformation for midmarket businesses, Xledger has refined its implementation approach over decades in the market.

It’s this knowledge of what makes a digital transformation successful, and the attention to detail around each business’s specific goals that has enabled Xledger to become a key partner in so many organisations, as Xledger UK CEO Pete Hucker explains:

"The prospect of changing finance systems can be incredibly daunting. We strive to provide incomparable service alongside software designed to meet increasingly complex needs over time.

With our prior relationship, we understood Bristol Sport's finance ambitions and where Xledger could revolutionise processes. Despite many moving parts, we successfully digitised and simplified their financial operations - empowering them as they continue growing. We’re excited to continue our partnership going forward, and empowering Bristol Sport as it continues its growth journey.” 

Based on nearly 20 years innovating in its original Norwegian market, Xledger has strengthened its UK position to become a leading mid-market cloud finance provider.  

 

If you'd like to get in touch please visit www.xledger.co.uk

 

 

 

 

Tags: