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iplicit Reviews & Product Details

Value at a Glance

Averages based on real user reviews.

Time to Implement

4 months

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...
A-One Insurance Group discusses the benefits of moving to iplicit.
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A-One Insurance Group discusses the benefits of moving to iplicit.
Black Country Living Museum shares their experience of moving to iplicit and how it’s improved visibility and control for their finance team.
Play iplicit Video
Black Country Living Museum shares their experience of moving to iplicit and how it’s improved visibility and control for their finance team.
Insight Associates shares why they chose iplicit and how it’s helped improve clarity, control, and efficiency in their financial processes.
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Insight Associates shares why they chose iplicit and how it’s helped improve clarity, control, and efficiency in their financial processes.
Lewis Manning Hospice Care discusses their experience moving to iplicit and the benefits for their finance team.
Play iplicit Video
Lewis Manning Hospice Care discusses their experience moving to iplicit and the benefits for their finance team.
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iplicit Reviews (110)

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Reviews

iplicit Reviews (110)

View 1 Video Reviews
4.4
111 reviews

Review Summary

Generated using AI from real user reviews
Users consistently praise the ease of use and powerful reporting capabilities of iplicit, highlighting how it streamlines accounting processes and enhances efficiency. The intuitive interface and responsive customer support contribute to a positive user experience, making it suitable for both finance professionals and non-experts. However, some users note that the initial setup can be complex and time-consuming.

Pros & Cons

Generated from real user reviews
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DD
Group Finance Manager
Mid-Market (51-1000 emp.)
"Easy GL Drilldowns and Multi-Company Overview with Smooth Excel Exports"
What do you like best about iplicit?

I like the fact you can drill down into numbers in the GL and then export to excel as needed.

I like the overview and being able to pick and choose which company I want to see. I like having the overview instead of having to log in and out of different entities. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Parts of iplicit are overcomplicated.

The report designer is not user friendly at all. You do need a degree in coding to figure that out.

I don't like that you can't recode a transaction once it's been reconciled.

I don't like how it doesn't total certain lines on reports.

I don't like when one period is open, it's open for all companies on that period. Review collected by and hosted on G2.com.

Neil L.
NL
Small-Business (50 or fewer emp.)
"Efficient, Cross-Platform Solution with Room for Report Improvements"
What do you like best about iplicit?

I truly appreciate the speed, ease of use, and flexibility that iPlicit offers. Being able to quickly and efficiently drill down into all aspects of our profit and loss is invaluable, especially during our monthly directors' accounts meetings. This software makes these typically complex meetings much more manageable. I also find that iPlicit works seamlessly across multiple platforms and sites, enhancing our ability to generate more granular profit and loss documents efficiently. Furthermore, iPlicit excels in managing our asset register with impressive precision, which is crucial for our company operations. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

I find the report/enquiries setup a little confusing. Getting the information I need should be easier, and printing should be more widely supported. I wish there was just one report section where each report could be outputted as a PDF or Excel sheet. Additionally, the initial setup of iplicit was much harder than anticipated because we didn't realize it would be so customized to our needs. Review collected by and hosted on G2.com.

Verified User in Environmental Services
UE
Mid-Market (51-1000 emp.)
"Strong Excel-Based Reporting, but Missing Some Handy Xero-Style Statement Features"
What do you like best about iplicit?

Good reporting capabilities, familiarity as it is excel based, the fact that we can be very specific about which contacts receive which document type. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

On the customer side, I find that it is lacking in some features that we previously had in Xero. Such as, the ability to create an activity statement between specific dates, the fact that statements don't have the customer name and date in the title. Small things but they were useful. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Feature-Rich, User-Friendly, and Seamlessly Integrated Cloud Accounting"
What do you like best about iplicit?

This cloud software is easy to use yet powerful, offering a wide range of accounting, commercial, and project accounting features. Each upgrade introduces new and valuable functionalities, such as AP automation, Go Cardless integration, and a user-friendly mobile app for managing expenses. The implementation process is well-structured, providing ample time for user testing and for building or configuring your sandbox environment. Going live is straightforward and thoroughly tested, with your implementation consultant carefully reviewing the system before you begin entering your first transactions. The open API makes integration with other systems easy, we have integrated our CRM system into our Iplicit system for example. Support from Iplicit has been great with quick response times and accurate information. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

I don't have any specific complaints about the software. I do hope that future versions will offer more variety in the Dashboards, as that would be a welcome improvement. It appears that the system is being actively developed, and in my experience, Iplicit stands out as a feature-rich option compared to other systems. Review collected by and hosted on G2.com.

"Detailed Insights, But Needs Better Automation"
What do you like best about iplicit?

I value the ability to analyze accounting transactions down to the smallest detail and appreciate the workflow approval process. Each business area can easily review its financial position and performance by running reports with a range of attributes that deliver meaningful insights and support improved future performance. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

I do not like that Iplicit lacks the ability to automate the running of reports. The system would benefit from a stronger library of ready-built, adaptable standard reports. It also does not offer payroll services or support the automatic processing of bank statements into the general ledger. The initial setup was challenging and was not designed to support the production of management accounts in the manner preferred by the Board. A more thorough approach should have been adopted. We required a custom tree reporting structure rather than a dynamic one; however, the solution was implemented with insufficient time to address this adequately. Additionally, the budget-setting functionality requires improvement, as the current process is cumbersome and inefficient. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Small-Business (50 or fewer emp.)
"Effortless Navigation and Cloud Flexibility Make iplicit a Standout"
What do you like best about iplicit?

Ease of use is most important to me as I can spend quite a lot of time in ipliciy even though I am not in a Finance function within my business. I find it easy to navigate to what I want, and when I find the information I need, its clear, precise and most important, correct! There is that magic button which shows you everything, so you can rarely 'get lost' within the system.

Cloud Native is a big plus, work from anywhere, anytime.

Customer support is very responsive, for the very infrequent times I have needed it. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

Nothing so far! I am about 6 months in and all is well. Review collected by and hosted on G2.com.

Verified User in Religious Institutions
UR
Mid-Market (51-1000 emp.)
"Intuitive Interface with Room for Growth"
What do you like best about iplicit?

Iplicit is incredibly easy to use. The interface is intuitive, logical, and quick to learn, which makes day-to-day processing far smoother than legacy systems. Their customer support is excellent with fast responses, knowledgeable staff, and a willingness to actually solve problems rather than bounce tickets around. I also really value how forward-thinking the company is, there’s a clear commitment to continuous improvement and delivering new features that genuinely push the product forward. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

The biggest weakness is reporting and enquiries because they’re far too static and lack the flexibility needed for complex organisations. The Excel add-in should be a powerful tool, but in reality it’s overly technical, unintuitive, and frustrating to work with.. The current mobile app for expenses is also poor, though I know a replacement is in development. Overall, I just wish the system gave more freedom in how data can be extracted, shaped, and queried. Review collected by and hosted on G2.com.

"Efficient Accounting Tool with Room for Improvement"
What do you like best about iplicit?

I like iplicit for its AP automation, which is a good way to record expenditure and saves me time. The consolidated accounts feature is also time-saving and reduces manual work. I find the ease of importing and exporting data very beneficial, especially when we raise monthly journals. Using journal templates helps to reduce manual input time as well. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

I find the direct debit collections process not easy to use. The screens for processing are complicated, and there isn't a clear process. Also, the direct debit process was not smooth and took a long time. Review collected by and hosted on G2.com.

Steve F.
SF
Director
Small-Business (50 or fewer emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Great accounting software for SMEs who need more than Xero, but not as much as the big boys."
What do you like best about iplicit?

This is a web-based finance software that operates on Azure. It is user-friendly and includes all the essential features you would typically find as add-ons in products like Sage 50 or Xero. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

So far, there hasn't been any manufacturing capability available. However, we addressed this issue by integrating Cin7, which provided a solution. Review collected by and hosted on G2.com.

JC
Human Resource manager
Mid-Market (51-1000 emp.)
"Streamlines Finance with Intuitive Automation"
What do you like best about iplicit?

I like how intuitive and easy to use iplicit is compared to other accounting systems. I love how it automates the 'boring' parts of the work to streamline workflow. It brings ease of use, leading to less frustration and faster work, and the automation of routine tasks saves me hours, allowing me to focus on more important matters. It helps in reducing heavy workload. Review collected by and hosted on G2.com.

What do you dislike about iplicit?

I struggle with the custom report templates because they're not flexible enough. It's hard to design the exact report I need sometimes. Also, the initial setup was a bit hectic due to the learning curve. Review collected by and hosted on G2.com.

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Pricing Insights

Averages based on real user reviews.

Time to Implement

4 months

Return on Investment

18 months

Average Discount

7%

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iplicit Features
Journal Entries
Tags / Dimensions
Audit Trail
Invoice Customization
AR Automation
Collections Automation
AP Automation
Payment Processing
Purchase Orders
Reconciliations
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iplicit