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iplicit Reviews & Product Details - Page 3

iplicit Overview

What is iplicit?

Born in the cloud, iplicit is an award-winning, intelligent, powerful and intuitive cloud accounting software that is ideal for the frustrated on-premise software user or those companies who’ve outgrown their entry-level cloud accounting software. iplicit's feature rich functionality is designed to modernise finance operation and aid business growth. Providing greater flexibility and enhanced levels of reporting with unlimited dimensions, it is the natural choice for organisations seeking to ‘step up’ to next-generation finance software, without losing the functionality they currently enjoy. The software integrates with other cloud applications and offers a seamless migration path from your existing system. It Provides users with real-time reporting capabilities, automated data migration, rapid implementation and a public API to break down data silos.

iplicit Details
Product Website
Languages Supported
English
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Seller Details
Seller
iplicit
Company Website
Year Founded
2013
HQ Location
London, England
Twitter
@iplicit
3,268 Twitter followers
LinkedIn® Page
www.linkedin.com
110 employees on LinkedIn®
Description

We offer a cloud-based finance and management software solution that allows businesses to focus on what really matters. Tailored for the frustrated on-premise legacy software user, and organisations that have outgrown entry-level software, iplicit provides greater flexibility and enhanced levels of reporting, while integrating into other cloud applications — offering a seamless migration path from your existing system. We are the natural choice for organisations seeking to ‘step up’ to next-generation finance software, without losing the functionality they currently enjoy. Let us free you from old legacy accounting and ERP software and introduce leading-edge cloud solutions.


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Recent iplicit Reviews

DD
Dean D.Mid-Market (51-1000 emp.)
4.5 out of 5
"Excellent System"
iplicit is very intuitive and it seems very simple to use. We particularly like the link with the bank and the ease of completing the VAT return. W...
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
4.5 out of 5
"iplicit system review"
Efficient, simple, powerful system. Made day to day finance easier.
VT
Vanessa T.Small-Business (50 or fewer emp.)
5.0 out of 5
"The training, set up, and Go live"
Its helpful going back and watching videos that applied to the training to help get started. It seems the possibilities are endless, and as its set...
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iplicit Media

iplicit Demo - Cloud-based Finance
iplicit is an award-winning, true cloud-based finance system that includes a flexible unified general ledger, sales, purchase, and project ledgers with unlimited levels of analysis. The system’s enquiry, reporting and analysis tools are all highly configurable. Meaning iplicit can support the...
iplicit Demo - Unlimited GL Analysis
Our customisable unlimited levels and dimensions of analysis, gives you the ability to slice and dice your data to manage any aspect of your business performance in real-time: group consolidations, bank balances, and cashflow, intercompany transactions and eliminations, departmental/cost centre/p...
iplicit Demo - Multi-company
iplicit manages the complexities of doing business for more than one company. Operate the finances of any number of businesses together in a single system, including overseas operations thanks to iplicit’s live currency feeds and multicurrency features. Real-time multi-company data processin...
iplicit Demo - Automation Centre
iplicit goals are to save you and your finance team days per month through direct integration with your other operating systems, for example, Bank Statements are automatically downloaded and, using AI technology, comparisons are made between the statements and the cashbook to enable suggested mat...
iplicit Demo - Deferred income and Revenue recognition
iplicit’s automation enables deferred revenue profiles to be made which build revenue schedules creating all the associated adjusting transactions when income needs recognising over time, be it simply spreading income over periods or project and event income for specific dates or events. All are ...
iplicit Demo - Project Accounting
With iplicit’s inbuilt project ledgers, Project centric organisations can focus on the understanding of time spent on various projects and being able to track effectively, the costs of both time and expenses being incurred, to have a clear view as to the total costs of any given initiative. Inclu...
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38 iplicit Reviews

4.6 out of 5
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38 iplicit Reviews
4.6 out of 5
38 iplicit Reviews
4.6 out of 5

iplicit Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for iplicitQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Insurance
UI
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about iplicit?

I find it easy to process our invoices to the service with its 'email in' feature - makes reconciliations easier to sort. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Id love a CIS feature to help sort CIS returns a little smoother Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

It is allowing us to effectively sort and process our bills to give us more time on payments and exterior tasks Review collected by and hosted on G2.com.

Verified User in Higher Education
UH
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about iplicit?

Since moving to iplicit 15 months ago it has made the day to day running of the finances much more efficient and accurate. It is so easy to be able to look at ledgers and drill down into transactions. We have also been able to more effectively manage our customer ledger and debts. We are a NFP and being able to assign funds directly to transactions makes a huge difference to our reporting. They do regular sessions on how to get the best out of iplicit as well meaning that when they roll out an update you can see first hand what is going to change. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

As this is a relativly new piece of software the budgeting function is not yet as fully developed and user friendly as I would like it to be. Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

Iplicit helps us to run our finances well Review collected by and hosted on G2.com.

Verified User in Manufacturing
AM
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about iplicit?

There are many feutures which can be super handy and easy to use once you implement them into your processes Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Sometimes there are bugs in the system but the team are quick to investigate and fix the issue. Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

Keeping track of invoices and payment of said invoices Review collected by and hosted on G2.com.

DH
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about iplicit?

The flexibility of the software removed the need for manual adjustments outside our accounting system to comply with statutory reporting requirements. With responsibility for managing in excess of 160 funds across a range of fund types (Restricted, Donor Advised, Term Funds & Endowment Funds) it is imperative that Community Foundation can keep track of all funds in real time without the need to make manual adjustments to satisfy reporting requirements. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Moving to Iplicit has had such a positive impact on the ability of the finance function to meet all of its reporting requirements in a timely manner with minimum effort that there is nothing to dislike about Iplicit. Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

It removes the need for manaual adjustments previously required to provide reports which comply with the Charitie's SORP, both in terms of analysis and lay out. Review collected by and hosted on G2.com.

Darren T.
DT
Director of Finance and Central Services
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about iplicit?

A very user-friendly, stable and intuitive cloud accounting solution with excellent customer support. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Difficult to produce and manage forecast budgets Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

Automated Workflows, effeciencies in reconcilation, transactional journeys, user friendly staff features such as expense creation and authorisations. Review collected by and hosted on G2.com.

Response from Tracy Payne of iplicit

Thank you for a great review Darren - we're glad to hear you're still enjoying the software.

LH
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about iplicit?

The simple user interface combined with intuitive solutions have allowed implementation and going live to be a seamless exercise.

Our decisions to move from Sage was driven by the need for a true cloud solution. Within the first 30 minutes of seeing the product, we knew it would cover all our basic needs along with solving long lasting pains such as multi-entity accounting.

The implementation of Iplicit has reduced cost, improved operational efficiency (in some cases, saving days) and allowed for better decision making due to the multi-dimensional reporting capabilities. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

As its early in our adoption, its hard to point a finger at any issues with the system.

I Hope it stays that way! Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

- The ability to work from anywhere, enter documents and other staff members see the input in real time.

- Risk mitigation, storing our data in the cloud.

- Multi-entity accounting all in one account.

- Batch imports of sales invoices - We used to spend 3 days a month creating electricity invoices manually, it now takes 10 minutes.

- Scheduled recurring invoices for our rental properties has removed human error and allowed us to forecast for the full lease.

- The multi-dimensional reporting (so far) has been used to check electricity usage allowing us to spot reading errors. The Board are able to see granular breakdowns of each property to identify under achieving assets, allowing for better decision making in the form of budget allocation and lease renewals/ rent reviews.

I’m sure this list will expand in time. Review collected by and hosted on G2.com.

Maria G.
MG
Head Of Finance
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about iplicit?

iplicit is a very intuitive system, has lots of automations that save time and intercompany transactions are much easier. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Using with excel from formulae to download real time data is a struggle as the formula can be complex. Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

It saves time automating the simple things like prepayments, recurring transactions and intercompany transactions Review collected by and hosted on G2.com.

Response from Tracy Payne of iplicit

It's great to hear that iplicit is solving problems for you and saving you time. Thank you for your review Maria.

Jane W.
JW
Head of Finance and Business Support
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about iplicit?

Iplicit is so intuitive and easy to use. The Finance team have really taken to it and are enjoying using it. It is so easy to import data from other systems we use. We have just had our interim audit and the auditors commented on how easy it was for them to interrogate the transactions and review the "paperwork." If you have a problem the support team is very quick at getting back to you to resolve the issue. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

As it is a newish system we do have to ask for new reports or ways of doing things, but the Support team are so quick at getting back to you with a solution it is really not an issue.

We made a good decision when we chose Iplicit! Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

Providing access to Managers to review their financial information and make better business decisions.

The team is now able to process the financial data so much faster. Review collected by and hosted on G2.com.

LP
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about iplicit?

Simple, intuitive, excellent reporting aligned to excel pivot tables Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Would like to be able to adjust reports written without having to incur development costs Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

Bugdetholders being more accountable, accessing management accounts with drill down to invoice preview within Iplicit. Increased automation. Cloud hosting means getting access to developments quickly. Reduced effort at month end. Review collected by and hosted on G2.com.

IP
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about iplicit?

Its ease of use, time saving automation and great customer service Review collected by and hosted on G2.com.

What do you dislike about iplicit?

As a relatively new product there are areas to be developed fully but a great product Review collected by and hosted on G2.com.

What problems is iplicit solving and how is that benefiting you?

Clarity and ease with financial reporting saving us time and money. Review collected by and hosted on G2.com.