Famous Software vs Xledger

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

Product Basics

Famous Software integrates data across all departments to provide a real-time view across the entire business. It optimizes production by providing an accurate view of inventory data. Its inventory management module helps users improve operational processes, ensure compliance and boost customer satisfaction.

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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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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Build Customer Relationships: Access customer preferences and buying patterns to help them make the right product choices against negotiated prices. 
  • Maintain Accuracy and Flexibility: Source vendors and evaluate contracts and performance to maintain accuracy and flexibility in complex deals. 
  • Deliver Improved Results: Deliver improved business results with robust financial management capabilities. 
  • Improve Profitability: Gain enterprise-wide control of real-time inventory data to boost profitability. 
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  • 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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  • Inventory Management: Monitor and manage products moving through warehouses or storage facilities in real time to facilitate end-to-end visibility. Create production-line work orders and visualize and track production line input and output on one screen. Track yield percent, prioritize deduction and determine estimated completion time.
  • Sales Management: Manage and implement customer contracts to ensure right products and pricing. Facilitate real-time communication with the staff members to guarantee the correct product reaches the customer. Create order templates to manage frequent purchases and auto-populate prices for various timeframes by destination and customer.
  • Sourcing Management: Manage and evaluate vendor contracts and performance with the sourcing management module. Access vendor details, including purchase order and spend history, active contracts and more. Track, measure and analyze sourcing risk and supplier performance. Get real-time visibility into supplier data and perform data calculations instantaneously.
  • Financial Management: Perform real-time financial analysis to execute critical business decisions. Gain insights into departments and accounts with complete drill-down capabilities to gauge each transaction. Leverage financial consolidation, reporting and analysis across multiple business entities. Create and track budgets and compare them to the organization’s performance.
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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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Product Ranking

#86

among all
ERP Software

#113

among all
ERP Software

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User Sentiment Summary

Excellent User Sentiment 3 reviews
Excellent User Sentiment 7 reviews
94%
of users recommend this product

Famous Software has a 'excellent' User Satisfaction Rating of 94% when considering 3 user reviews from 1 recognized software review sites.

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.

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5.0 (1)
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4.7 (6)
4.7 (3)
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Awards

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

User Favorite Award

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

User Favorite Award

Synopsis of User Ratings and Reviews

Easy to Use: Users consistently praise Famous Software for its intuitive interface, making it easy to navigate and learn, even for those with limited technical experience.
Strong Reporting Capabilities: The software provides robust reporting features, allowing users to generate detailed insights into their business operations, such as sales trends, inventory levels, and customer behavior.
Excellent Customer Support: Users consistently highlight the responsiveness and helpfulness of Famous Software's customer support team, who are readily available to assist with any issues or questions.
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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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Limited Customization: Users have reported difficulty in tailoring the software to their specific business processes, leading to workarounds and inefficiencies.
Steep Learning Curve: The software's interface and functionality can be complex, requiring significant training time for new users.
Lack of Mobile Optimization: The software's mobile app is often reported as clunky and lacking key features, making it difficult for employees to access critical information on the go.
Poor Customer Support: Users have expressed frustration with slow response times and difficulty reaching knowledgeable support representatives.
Integration Challenges: Connecting Famous Software with other business systems can be problematic, leading to data inconsistencies and manual data entry.
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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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User reviews from the past year suggest a mixed bag. While Famous Software seems to have a solid foundation for core ERP functions like inventory management and financial reporting, users consistently highlight a clunky interface and a steep learning curve as major drawbacks. One user even compared learning the software to "trying to teach a dinosaur to do a TikTok dance." Ouch. On the upside, Famous Software shines in its specialized applications for the fresh produce industry, with features like real-time inventory tracking and supply chain management receiving high praise. Users appreciate the industry-specific focus, likening it to "having a seasoned produce expert on your team." However, this specialization comes at a cost, as Famous Software lacks the flexibility and customization options offered by competitors like Odoo or Microsoft Dynamics 365. This makes it a tough sell for businesses outside the fresh produce niche. Ultimately, Famous Software is best suited for companies deeply entrenched in the fresh produce industry who prioritize industry-specific functionality over user-friendliness and customization. If you're a tech-savvy team willing to invest the time and effort to master the software, Famous Software can be a powerful tool. However, businesses seeking a more intuitive and adaptable solution might find themselves singing a different tune.

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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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