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Accounting software for insurance brokers
Insurance brokers need to act fast on reliable financial data. iplicit is an award-winning and agile alternative to the complex systems in the marketplace such as NetSuite, Sage Intacct and Dynamics. You can be gaining all the benefits of iplicit in 16 billable days on average.
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We understand the needs of insurance companies
Our powerful, true-cloud accounting software for insurance brokers offers the visibility and control that insurance companies need from a finance system, in order to drive consistent growth, coupled with the flexibility required to pivot and adapt to the ever-changing landscape.
A-One insurance switched from Sage 50 to iplicit in 2021:
"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."
Sarah Smith, Group Operations Director, A-One Insurance.
Unrivalled accounting software insights to give brokers the edge
The key for businesses to succeed, is having up-to-date insights that show how the company is performing.
iplicit offers enterprise-level reporting functionality with unlimited dimensions at both a subsidiary and consolidated level. This gives you realistic and up-to-date snapshots at a moment's notice.
Customise your reporting to your needs: by department, broker, policy, policy type. Report on any value against each of those dimensions including revenue, claims and commissions.
User-friendly accounting software for brokers
Improve productivity and job satisfaction with our easy to use platform and automation tools.
Copy and paste transactions, import bank statements, set up recurring journals. Consolidate all your entities within the system. As iplicit is so intuitive, you can find exactly what you're looking for and it makes day to day work quicker and more efficient.
"Iplicit has enabled the whole business and the management team to move forward.” Sarah Smith, Group Operations Director, A-One Insurance Group.
Fast onboarding
iplicit has an expert team of implementation consultants who will work with you to get you onboarded quickly. It takes 16 days on average to set up so there’s no need to wait for a long-winded ERP implementation. Insurance companies can start realising the benefits straightaway.
Why should you upgrade to iplicit?
Powerful reporting and consolidation
iplicit offers powerful reporting capabilities allowing customers to get real-time insights into key metrics and KPIs. Consolidate 1000s of entities in minutes.
Process automation
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.
A true cloud platform
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.
Cloud accounting software for Insurance brokers
Unlimited Flexibility
iplicit offers unlimited dimensions allowing customers to slice and dice their data however they need to gain the insight required to drive growth.
Real-time Consolidation
Our single unified architecture means that transactions are only entered once and are automatically consolidated in real-time for easy reporting.
Automated Billing & Revenue Recognition
Utilising our automation engine, customers can fully automate their billing and rev rec processes, removing the need for clunky and error-prone spreadsheets
API-first Architecture
Built to be extensible, iplict is easily integrated into other key business systems to provide a real-time single source of truth
Dashboard Reporting & Analytics
Create powerful dashboard reports to easily visualise key metrics and KPIs.
AP Automation
Optimise your processes and utilise time saving technology to remove the burden of manually managing your procure to pay process.
Project Accounting
Powerful project module allows for users to easily manage and gain visibility over key project metrics such as project profitability.
Timesheets & Expenses
Timesheets and expenses available through our mobile app or on any modern browser.
Credit Control Capabilities
Easily customise your running processes to improve payment collection and reduce DSO. We also offer native direct debit functionality too.
Intuitive Workflow Engine
Easily customise workflows in iplicit so that the system works the way you need it to with all the approvals and controls you require.
Affordable & Accessible
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.
Auto Bank Feeds
Auto bank feeds come as standard, speeding up bank rec and payment processes and removing the chance of manual error during uploads.