Brought to you by the team that originally created Exchequer
Accounting consolidation software that makes life easy
Eliminate manual consolidation with a single unified platform for your multi-entity and multi-currency accounting and consolidation needs.
With iplicit, every transaction entered into the system can be consolidated in real-time including FX calculations, giving you a true and up-to-date picture of your finances.
Our unlimited dimensions and powerful enquiry functionality, let you analyse your Profit and Loss Accounts, Balance Sheets and Trial Balances however you want, giving you full visibility.
Intercompany transactions are a breeze
Simplify intercompany transactions with intercompany journals and save time by automating intercompany sales and purchases across your entities and currencies. Previously time-consuming, group financial consolidation and eliminations are completed in real time. Handy intercompany enquiries and reports enable you to do simple timesaving reconciliations.
Speed up month end close
Month end processing time can be significantly reduced by automating FX revaluations, calculating FX gains and losses, automating accruals and prepayments and managing Group VAT Returns and adjustments. At the click of a mouse, calculate Deferred Income or Revenue Recognition and free yourself from manual, laborious and complex month end procedures.
For companies currently handling their financial consolidation on spreadsheets, our accounting consolidation software dramatically speed ups month end and helps eliminate errors.
Read Our Reviews
Find out what others have to say about iplicit read our customer reviews.
Don't Take Our Word For It
Customers love our accounting consolidation software
Health Poverty Action
Sandra Tcheumeni Boschet, Head of Finance & Administration at Health Poverty Action
"The timesaving we experience with iplicit is enormous! We are currently preparing our year-end process, and already we are saving six weeks consolidating the various project balance sheets from various Quickbooks versions.
"Just take Donor Reports as an example – it’s essential that we have transparency and can report back to Donors on how and where their funds have been spent. With our old system, each Donor report would take three weeks to produce, with iplicit, if all data has been entered correctly, a report can be done in less than 2 days!”
Sarah Smith, Group Operations Director
"iplicit is a dream! It was everything that we needed it to be, and wanted it to be, and more.
"Different legal entities are all in one user. You can see instantly the profit and loss and you can consolidate everything or flag if there's a duplicate, whereas we could never really track that before. We can copy and paste transactions, import bank statements, set up recurring journals. It's helped us so much. It is a joy to use the system!
"The user interface is just really easy to use – and it’s really intuitive, just two clicks from the top and you can find exactly what you're looking for. It makes my work a lot easier, a lot quicker and more efficient. It's like a ‘night and day’ difference!"
Lee Cook, Financial Controller
“Historically I’ve used Sage and Intime at other businesses and not only is iplicit as good as anything I’ve ever used with regard to resilience but the fact that it’s now all in one single solution, with timesheets, reporting and accounting – it’s truly remarkable.
"We are a relatively boutique business – historically downloading timesheets from a portal and manually creating invoices in Excel and then entering into QuickBooks. Before iplicit, we had one member of staff working over 3 days per week on this which was time intensive and error-prone. Installing iplicit saved us a significant amount of time and increased our accuracy massively."
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