iplicit Features

Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source. 78 reviewers of iplicit have provided feedback on this feature.

Based on 71 iplicit reviews. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.

As reported in 75 iplicit reviews. Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record

As reported in 73 iplicit reviews. The layout of the invoice template is fully customizable and you can add or remove fields.

Based on 72 iplicit reviews. Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions.

The system automates the dunning process to help drive collections This feature was mentioned in 67 iplicit reviews.

Steamlines data entry by auto populating recurring or predefined vendor values 72 reviewers of iplicit have provided feedback on this feature.

Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow. 73 reviewers of iplicit have provided feedback on this feature.

As reported in 70 iplicit reviews. Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process

Based on 57 iplicit reviews. Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders.

Based on 55 iplicit reviews. Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit.

Customizable reporting allows insight into usage of inventory and services. This feature was mentioned in 55 iplicit reviews.

Based on 62 iplicit reviews. Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations

As reported in 61 iplicit reviews. Automates recognition of revenue and expenses by defining recognition rules.

Based on 69 iplicit reviews. Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations.

As reported in 52 iplicit reviews. Payroll module or integration to an external payroll provider which automates the recording of payroll

As reported in 58 iplicit reviews. Automated time and expense capture, tracking, approval, reimbursement and reporting

General reporting offered covers all of the standard financial statements and meets the basic needs of the business 67 reviewers of iplicit have provided feedback on this feature.

Based on 68 iplicit reviews. Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer

Create and revise an unlimited number of budget, plan and forecast scenarios. This feature was mentioned in 64 iplicit reviews.

An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance This feature was mentioned in 63 iplicit reviews.

Based on 64 iplicit reviews. Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views.

Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. This feature was mentioned in 64 iplicit reviews.

Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. This feature was mentioned in 69 iplicit reviews.

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took. This feature was mentioned in 69 iplicit reviews.

Based on 65 iplicit reviews. Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.

As reported in 66 iplicit reviews. Ability to input, modify and extract data from the application in bulk through a structured file.

Based on 64 iplicit reviews. Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

As reported in 56 iplicit reviews. To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product.

Based on 30 iplicit reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data

Define budget structure elements and how they are linked hierarchically This feature was mentioned in 30 iplicit reviews.

Keeps track of all versions of a budget and allows users to compare versions This feature was mentioned in 27 iplicit reviews.

Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues This feature was mentioned in 26 iplicit reviews.

Test the potential financial impact of business decisions on revenues and expenses 24 reviewers of iplicit have provided feedback on this feature.

As reported in 29 iplicit reviews. Users can customize standard budget periods (3, 9, or 12 months)

Based on 28 iplicit reviews. Consolidate multiple budgets from different departments or business entities

Users with administrative access rights can modify budgets 28 reviewers of iplicit have provided feedback on this feature.

Workflows are used to define the steps required to alter budgets and who needs to approve changes This feature was mentioned in 29 iplicit reviews.

Forecasting is based on past transactions and historical financial or operational data This feature was mentioned in 25 iplicit reviews.

Ability to recreate forecasts to include new information that may impact budgets This feature was mentioned in 27 iplicit reviews.

Based on 25 iplicit reviews. Support multiple types of forecasts such as balance sheet and cash flow forecasts

Used to review and update budgeting assumptions for a predefined period (usually one year) This feature was mentioned in 25 iplicit reviews.

Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns This feature was mentioned in 19 iplicit reviews.

As reported in 27 iplicit reviews. Project out as the year progresses to accommodate trends that affect key business drivers.

Based on 25 iplicit reviews. compare Income Statement, Balance Sheet, and Cash Flow for multiple periods

Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data 23 reviewers of iplicit have provided feedback on this feature.

Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds. This feature was mentioned in 52 iplicit reviews.

Add one-time or recurring cash flow items and add line items for each payment or deposit. 57 reviewers of iplicit have provided feedback on this feature.

As reported in 58 iplicit reviews. Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.

Create and revise an unlimited number of budget, plan and forecast scenarios. 64 reviewers of iplicit have provided feedback on this feature.

Based on 60 iplicit reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data

Based on 54 iplicit reviews. Keeps track of all versions of a budget and allows users to compare versions

As reported in 56 iplicit reviews. Forecasting is based on past transactions and historical financial or operational data

Supports multiple types of revenues, such as recurring and transaction based This feature was mentioned in 55 iplicit reviews.

Allows users to allocate revenues to various business entities or departments This feature was mentioned in 55 iplicit reviews.

As reported in 55 iplicit reviews. Automatic scheduling to ensure that revenue is recognized at the proper time

As reported in 45 iplicit reviews. Automatically deposits paychecks into employees' bank accounts.

Allows administrators to print valid paychecks and W-2 forms. This feature was mentioned in 45 iplicit reviews.

As reported in 52 iplicit reviews. Calculates taxes due and may include resources or tools for federal and state tax compliance.

Based on 52 iplicit reviews. Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes.

Based on 39 iplicit reviews. Uses AI to automatically input data from receipts, invoices, and other documents

Uses AI to generates, send, and track invoices 38 reviewers of iplicit have provided feedback on this feature.

As reported in 36 iplicit reviews. Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns

Based on 37 iplicit reviews. Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time

Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns This feature was mentioned in 37 iplicit reviews.

As reported in 37 iplicit reviews. Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports

Uses AI to match transactions recorded in the accounting system with those in bank statements This feature was mentioned in 40 iplicit reviews.

Based on 37 iplicit reviews. Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business

As reported in 35 iplicit reviews. Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances

As reported in 35 iplicit reviews. Uses AI to analyze data to identify trends and make predictions

As reported in 41 iplicit reviews. Enables synchronization of accounting data across devices in real-time

Based on 36 iplicit reviews. Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines

Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables 35 reviewers of iplicit have provided feedback on this feature.

Allows users to view and update certain data without an internet connection 34 reviewers of iplicit have provided feedback on this feature.

As reported in 38 iplicit reviews. Allows users to capture and upload expense receipts directly from mobile devices

Enables creation, editing, and sending of invoices 40 reviewers of iplicit have provided feedback on this feature.

Capability to perform complex tasks without constant human input This feature was mentioned in 14 iplicit reviews.

Engages in human-like conversation for task delegation

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives