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iplicit

4.5(121 reviews)

iplicit is a comprehensive cloud-based accounting software tailored for organizations that have outgrown basic finance systems. It offers enhanced flexibility and advanced reporting capabilities, seamlessly integrating with other cloud applications to automate time-consuming processes, modernize finance operations, and support business growth. Key Features and Functionality: - General Ledger Analysis: Set up unlimited levels of analysis within the GL, with configurable 'Data Cubes' for instant insights and user-definable Tree Views throughout the product. - Document Management: Securely store documents in the cloud, attach them to records and transactions, and utilize powerful search options for easy retrieval. - Intuitive Navigation: Access the system via leading browsers like Chrome, Edge, Firefox, and Safari, with user-configurable menus, quick access options, and a global search feature. - Reporting and Dashboards: Design comprehensive reports and dashboards to gain real-time insights, ensuring a single version of the truth across the organization. - Bank Reconciliation: Automate the download of bank and credit card statements, reducing reconciliation time by up to 80% with machine learning-driven matching. - Credit Control: Enhance productivity with automated, configurable debt chase emails and an intuitive interface for managing debtors and transactions. - Excel Function Library: Utilize iplicit’s Excel function library to create and manage management information seamlessly within Excel. - Automated Billing & Revenue Recognition: Automate billing and revenue recognition processes, eliminating the need for manual spreadsheets and improving forecasting accuracy. - API-first Architecture: Integrate effortlessly with other business systems, providing a real-time, unified source of truth. Primary Value and Solutions Provided: iplicit addresses the challenges faced by growing organizations that have outgrown starter finance systems. By offering a scalable, cloud-based solution with advanced features, it enables businesses to automate complex accounting tasks, gain real-time insights, and integrate seamlessly with other applications. This modernization of finance operations leads to increased efficiency, better decision-making, and supports overall business growth.

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G2 Rating

4.5/ 5.0
121 reviews

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AI Analysis by G2· May 2026

Iplicit is a finance software used for various financial tasks such as raising invoices, purchase invoices, sending reminder letters, and using bank feeds, with features like AP automation and importing function for mass journals and invoices.

Pros

  • Users like the simplicity and user-friendliness of Iplicit, its powerful reporting capabilities, the ability to customize and automate tasks, and the responsive customer support.

Cons

  • Users experienced issues with the Parent/Child customer setup, the consolidation features in the GL, the API, the user interface, the expenses app, the direct debit collections process, and the data entry controls.

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