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Reporting
5 min read
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Budget vs actual: the questions to ask before you explain a variance

A budget variance is a fact, not an explanation. Here are the four questions finance teams should ask before explaining one to the board or a budget holder.

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Two colleagues reviewing a document at a desk, with a laptop open in front of them
Reporting
8 min read
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Why intercompany accounts don't balance and how to fix that

Intercompany accounts often fail to balance because of error-prone manual procedures. Reducing mismatches requires consistent processes and automation.

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Illustration of two connected entity nodes with a cancelled transaction line, representing intercompany transaction elimination in group consolidation
Cloud accounting
Hints and tips
16 min read
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How to eliminate intercompany transactions in consolidation: Examples, challenges with manual tools and 5 easy steps to follow

Stop wasting days on manual intercompany eliminations. Learn how iplicit automates consolidation to ensure audit-ready financial accuracy for your organisation.

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Graphic of a stack of reports
Reporting
6 minute read
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What should be in a board finance pack? A practical guide

Board packs work best with context, a handful of key metrics and a way to drill into the detail. Here's what belongs in one, and what changes when the numbers behind it are already current.

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Abstract iplicit brand graphic of a rising line connecting translucent nodes and rings on a raspberry-to-elder gradient, symbolising individual finance tasks linking into one automated workflow.
Cloud accounting
20 min read
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11 best accounting automation software for UK businesses in 2026

This guide ranks 11 accounting automation tools for UK businesses, including iplicit. You'll learn what each tool automates, its pricing, key features, and pros and cons.

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Graphic of a spreadsheet
Reporting
8 min read
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How to consolidate multi-entity accounts without spreadsheets

Consolidating multi-entity accounts without spreadsheets means using a unified system that eliminates intercompany transactions and converts currencies.

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Graphic of a chair at a desk
Cloud accounting
Hints and tips
6 minutes
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Stay, upgrade or switch accounting systems: how to decide

Outgrown your accounting system? Compare staying put, upgrading with your provider or switching to cloud-native tools that improve reporting and automate tasks.

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Purple to raspberry gradient banner reading G-Cloud 15 with the line iplicit is live on the Digital Marketplace, and the iplicit logo.
iplicit news
2 mins
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iplicit is live on G-Cloud 15. No full tender needed.

Six iplicit services are now on the Digital Marketplace – so public sector buyers can get cloud finance software without running a full tender.

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Graphic showing a dial on a dashboard
Reporting
6 minute read
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How to tell if your finance dashboard is real time

A finance dashboard is only real time if its transaction processing, bank feeds and reconciliation are all current. Here's a simple test for whether yours is.

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