Brought to you by the team that originally created Exchequer
iplicit’s powerful, true-cloud accounting software is designed for the frustrated on-premise finance system user, and for organisations that have outgrown entry-level applications.
Our finance management solution provides innovative, multi-level analysis and automation tools to support the evolving needs of mid-market businesses and not-for-profit organisations.
Speak to one of our experts to find out how iplicit can transform your finance function
Cloud Accounting Features
Customer Quotes and Invoices
Create and send branded quotes and invoices. Invoices can be based on products supplied, jobs done, timesheets, regular charges, data from other systems or created on an ad-hoc basis.
Purchase Orders and Supplier Invoices
Generate purchase orders quickly, link them to products and services, send them automatically for authorisation and then out to your suppliers. When goods are received, issue receipts and take care of stock control. It’s easy to log, authorise and settle supplier invoices too.
Cash Management and Bank Reconciliation
With imported bank statements, iplicit recognises transactions based on rules and history. Simply check and click OK. Cash receipts and payments are easily documented, including printing or emailing appropriate receipts.
Manage your credit control risk effortlessly. Monitor collection performance across all customers and any other criteria you wish. Use aged debt reporting to see where to focus your activities. And issue statements and reminder letters automatically.
Commercial tax responsibilities are easily looked after, using tax codes, rates and tax systems to generate the figures you need for returns. Produce a VAT estimate at any time and automatically submit your return to HMRC.
Expenses and Timesheets
Staff can use iplicit to record and submit their expenses claims and timesheets. You can review expenses, and time can be assigned to a cost centre and/or a project to monitor performance and efficiency.
However you pay your staff and suppliers, iplicit eases the process – from making quick payments to an individual or company to multiple creditor transactions based on your selection criteria.
Period End Accounts
Manage accounting transactions for key business periods seamlessly. Ensure month-end control checks, reconciliations and accounting adjustments are finalised to meet management reporting deadlines.
Multi-currency and Multi-company Management
iplicit handles the complexities of doing business. Manage the finances of several businesses together. Log transactions in multiple currencies if you trade overseas and get reports in your favoured currencies.
Most businesses require a variety of authorisation processes. Within iplicit, these processes can be set up in our workflow engine. That way, documents are routed and escalated automatically based on rules you define.
How long does on-premise accounting software have left? Here's what Paul Sparkes, commercial director for cloud native accounting solution, iplicit had to say:
From the moment people wake and check their emails and messages to the time they set their reminders and alarm for the next day, mobile devices have become a major part of everyday life.
Excel is 35-years-old and still going strong with over 750 million users. It’s the world’s number one financial reporting tool and despite a never-ending parade of competition – and