When you’re handling the finances of a multi-company business, you can’t afford to be held back by entry-level software.
iplicit’s powerful cloud accounting software provides a single platform with up-to-the-minute data from all the entities in your group. Multiple companies, one database.
That means business decisions can be driven by real time information, without waiting for figures to be extracted and consolidated in spreadsheets.
Our larger customers have more than 300 entities in their group – and iplicit saves them days and days of staff time each month.
iplicit provides a “single source of truth”, allowing you to see all the entities in a group in one view.
You choose how the data is presented, switching between the group and any individual part of it – and from the big picture to close-up detail.
Slice and dice the information as you want, using an unlimited number of dimensions, and carry out analysis and budgeting at a group or subsidiary level. Minority interests and part ownerships are easily accommodated too.
iplicit's dynamic accounting structures allow you to present the information differently to suit the requirements of different stakeholders and jurisdictions.
Some parts of your group might deal in different currencies or be subject to different tax regimes.
That’s not a problem for iplicit. Simply set the local currency and tax authority and iplicit does the rest – plugging into a live exchange rate feed to deliver accurate, consolidated accounts in the preferred currency of the group.
You may have subsidiaries using different financial years, so terms like “year end” or “period 1” don’t mean the same thing across the group.
iplicit's consolidated mapping feature resolves these complications, easily turning the figures into final accounts for the group. The processes are instantaneous and the data produced is clear and current.
iplicit offers powerful reporting capabilities allowing customers to get real-time insights into key metrics and KPIs.
Reducing manual workload is at the heart of what we do. iplicit will help you automate highly manual tasks like consolidation, billing, and revenue recognition.
iplicit is available anywhere, on any device connected to the internet through any modern browser or through our mobile app. We are also API first, making integrations easy.
iplicit offers unlimited dimensions allowing customers to slice and dice their data in as many ways as they need to gain the insight required to drive growth.
Our single unified architecture means that transactions are only entered once and are automatically consolidated in real-time for easy reporting.
Utilising our automation engine, customers can fully automate their billing and rev rec processes, removing the need for clunky and error-prone spreadsheets
Built to be extensible, iplicit is easily integrated into other key business systems to provide a real-time single source of truth
Optimise your processes and utilise time saving technology to remove the burden of manually managing your procure to pay process.
Powerful project module allows users to easily manage and gain visibility over key project metrics such as project profitability.
Easily customise your dunning processes to improve payment collection and reduce DSO. We also offer native direct debit functionality too.
With a highly competitive mid-market price point and an average of 15 days to go live, iplicit puts the power of enterprise-level accounting software in the hands of all mid-market organisations.
If you’re spending countless hours on manual consolidation, this webinar is for you. As well as multiple data sources, currency differences and exchange rates, inter-company transactions involve duplicate effort, further adding to the frustration of reconciling inter-company accounts.
By using purpose-built accounting software that automates consolidation and simplifies intercompany recharging, you can save at least a week every month.
All the Recruitment Group’s companies are contained in one view on iplicit. Narinder has the flexibility to drilldown on each and filter and report on anything needed.
“The ability to run consolidated accounts at the touch of a button turns a previously daunting task, where normally a lot of data extraction and manipulation is required, into something very straightforward."
This 9 entity insurance group switched from Sage 50 to iplicit when reporting became problematic, meaning that they were driving the business blind.
"The real-time reporting has been business changing. We've been able to consolidate all the businesses at once so we can grab very realistic and up-to-date snapshots at a moment's notice."
With complex financial reporting by entity and for the entire group, now at the touch of a button, HPA now have a high level of confidence that the information is always accurate and in real-time.
"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."