Finance software for multi academy trusts

Unlimited Flexibility

iplicit offers unlimited analysis attributes and custom data which enables powerful management reporting and slice and dice analysis for school and MATs.

Real-time Consolidation

Automatically report on individual academies, groups of academies or at a consolidated trust level in real-time for easy reporting.

Add New Schools & Academies in seconds 

We can add and setup new schools at the touch of button, saving trusts literally thousands of pounds in traditional setup services.

Statutory Reporting

Built-in suite of management and statutory reporting, including SOFA and academy accounts return. 

Data Access Control

Apply data access control to ensure users can only work with and report on schools and academies assigned to them.

Multi Academy Purchases

Create single purchase orders and invoices across multiple academies and automatically allocate the expense .

Centralised Payments

Pay creditors across the trust and academies from a centralised bank account in a single bulk payment run.

Centralised Funding

Receive funding into a single centralised bank account and allocate to individual academies in the trust.

Automate Routine Tasks

Easily automate routine tasks such as accounts payable, inter-trust transactions, group VAT liabilities, manual journals, cost allocation, and month-end journals such as prepayments and deferred income.

Tax Management

Manage and submit VAT returns via MTD for individual registrations or VAT groups. And, automatically calculate and apply partial VAT exemptions.

Approval Workflows

Submit and manage requests with  approval workflows. iplicit's built in workflows include: expense claims, purchase order / invoice approval, journal and payment run approvals, forecast and budget approvals and more!

Auto Bank Feeds

Auto bank feeds come as standard, speeding up bank reconciliation and payment processes and removing the chance of manual error during uploads.