Case studies

“There's real confidence in the numbers, which wasn’t always there with Exchequer because there were so many manual processes that we had to do. Things like prepayment release and deferred income release are automatic. It gives you confidence so you can report instantly rather than finally getting this month’s management accounts in two months’ time.

"Most student unions have to account for partial VAT and on iplicit this is straightforward – as it can be! - and the VAT return is easy to run, reconcile and submit."

“With iplicit, we have everything in one place and it’s such a slick process. Our onboarding team helped us ensure that we have a robust system, and things go where they’re supposed to. That’s a big time saving.”

“It’s hard to calculate exactly how much time iplicit is saving us, but we’re doing significantly more transactions with the same number of people. And what’s more, it’s costing us £30,000 less a year!"

"At the point when you’re spending most of the money, that’s when you need more accurate, up-to-date financial reporting, which is what iplicit now gives us. Budget holders can see their expenditure live in the system."

“From my first interactions with the iplicit team, I could see the system had the potential to give us much more than we were getting from Exchequer.”

There’s a lot of inter-company work. iplicit makes that a lot easier by consolidating everything together; there’s no logging out and logging back into a different company, you can just swap between them.

"The benefits of iplicit’s reporting are hard to quantify. It’s not just about saving time, I now have the freedom to dive deeper into analysis, driving better business results."

“The difference between iplicit and some other systems, like Sage, was that we felt it was growing and could be implemented around our requirements, which are quite specialised. It’s a more powerful system than the ones we’d seen before and more flexible.”