True cloud accounting software provider iplicit will be launching its Automation Centre feature at Accountex London.
Enabling organisations to increase efficiency, reduce human error, eliminate manually intensive processes, the iplicit Automation Centre can save accounting and finance teams countless hours every month.
Unlike other systems in the marketplace, London-headquartered iplicit’s functionality at the heart of its software, doesn’t just focus on automating specific areas of functionality. Instead, it’s a customisable automation platform that allows finance teams to simply automate processes for customers and tailor functionality to suit any of their organisational requirements, no matter how complex.
Along with typical areas of automated process – such as monthly accruals, inter-company transactions, tax, and disbursements – the self-service platform can handle more complex requirements such as foreign exchange differences calculations, for organisations with overseas clients and/or subsidiaries.
Deferred income is another popular request among customers that can be addressed through the new Automation Centre functionality.
Wide-reaching, the new release suits organisations across all sectors who want to save their accounting and finance teams hours per week, and days per month. And, for the first time, Accountex attendees can see the product in action from exhibition stand 1040 during the two-day event.
Commenting on the automation centre, iplicit’s product director Brian Weaving, said: “Automation is the new industrial revolution. It presents the best opportunity for cost savings, speed, efficiency, and the eradication of human error for finance departments.
“Our accounting software is designed with finance departments in mind – we’re tackling ongoing and frustrating pain-points, that they constantly feel, and developing functionality that empowers customers to work smarter.
“The iplicit platform provides key efficiency savings, enabling finance teams to ‘fast close’ and obtain greater levels of accurate, real-time data to inform their organisations in making the right business-critical decisions. With that freed up time, finance professionals can prioritise more value-added tasks.
“With further developments on the horizon, this is just the beginning of iplicit’s automation journey.”
More about iplicit....
Launched in January 2019 by a team of market disruptors – including the founders of finance solution Exchequer Software – iplicit is supporting ambitious mid-market organisations to meet and exceed their growth goals.
The intuitive iplicit platform integrates with other cloud applications and provides users – from industries including accountancy, not-for-profit, recruitment, education and wholesale distribution – with real-time reporting capabilities, automated data migration, rapid implementation, and a public API to break down data silos.
Currently supporting over 5,000 users daily, from over 650 organisations globally, the team at iplicit aims to increase this tenfold by 2025 – seeing over 6,000 mid-market organisations adopt its cloud-native solution. A further 60 staff are anticipated to join the UK operation, over the next 12-18 months, in order to sustain the current growth trajectory.