Exchequer to iplicit
Moving from Exchequer to a modern cloud finance platform is a significant decision, but staying on legacy software comes with real costs.
iplicit is purpose-built to solve the specific limitations of systems like Exchequer, with cloud-native architecture, unlimited users, powerful project accounting, and implementation timelines measured in weeks rather than months.
Why upgrade from Exchequer to iplicit?
Real-time collaboration without user limits
Exchequer's desktop architecture means your finance team works in isolation, passing files or waiting their turn. iplicit is cloud-native, enabling your entire team to work simultaneously from anywhere. With unlimited users as standard, give access to budget holders, project managers, or operational teams without additional license costs.
Connect your systems without the headache
Exchequer's architecture forces manual CSV imports, duplicate data entry, and time-consuming reconciliation. iplicit offers pre-built integrations with leading inventory and planning tools, direct bank feeds, and an open API wth the flexibility to build custom connections. Pull revenue data automatically, eliminate manual work and keep financial data accurate across all systems.
Advanced multi-entity and consolidation capabilities
Managing multiple entities in Exchequer means separate databases, manual Excel consolidation, and hours reconciling intercompany transactions. iplicit handles multi-company operations in a single database with automated consolidation, eliminating interco postings and converting currencies automatically. Drill from consolidated accounts to individual transactions, and transform multi day month-ends into minutes.
Comprehensive project accounting built in
Exchequer forces organisations to run separate job costing systems or build workarounds. iplicit's project module integrates directly into the general ledger, giving you live visibility into project profitability, resource utilisation, and margin analysis. Track costs and revenue by project, phase, or task, bill time and materials or fixed fee contracts and generate WIP reports - all part of the core system.
Implementation in weeks, not months
iplicit is designed for configuration, with defaults that work for most finance teams. You get a dedicated implementation team with a proven migration path from Exchequer, and because everything runs in the cloud, there's no server infrastructure to procure, no software to install, and no IT projects to manage. This means lower implementation costs, faster ROI and minimal disruption to your finance operations.
Self-service reporting that eliminates Excel exports
Exchequer's rigid reporting forces you to export data into Excel for any meaningful analysis. iplicit provides drag-and-drop report building directly in the system, with real-time dashboards that update automatically. Create custom dimensions to analyse by region, product line, customer type, or project. Give department heads direct access to their own reports without involving finance.
"We were using Exchequer, but we'd grown to a £10m-£12m turnover and it was creaking at the seams. To reconcile the main bank account would have taken half a day. Now it takes five minutes."
Want to see iplicit in action?
iplicit is designed for teams ready for a modern, cloud-based finance platform. Move past the limitations of legacy systems and discover a solution that gives clarity, flexibility and control.
Discover why organisations are finally leaving Exchequer behind
These organisations spent years working around Exchequer's desktop constraints and manual processes. Hear how they switched to iplicit and transformed their finance operations with real-time collaboration, automated consolidation, and reporting that finally eliminated the Excel exports.
Insight Associates
"Could I have an ‘I Love iplicit badge please?’ The experience we’ve had has been an absolute delight. I can’t fault the desire on the part of the iplicit team to help find a solution, no matter what the challenges were during the migration. I wish everybody in the industry had an attitude like iplicit."
Garry Mumford
Founder and Managing Director
Corrotherm International
"It was clear from the start that iplicit not only understood our business but they understood the system we were changing from. This meant that they were quickly able to implement familiar structures and processes.
Our upgrade to iplicit was pretty much pain-free. We’ve had four accounting systems over the past 30 years and no migration was ever as smooth or as quick as the experience we had with iplicit.”
Ian Newman
Director
Autism Together
"iplicit did everything we wanted it to do – and in a very straightforward way. And we were reassured by the fact that some of the iplicit team were original founders of Exchequer, so really understood us.
iplicit said the implementation would be straightforward - and it was! The team managed the implementation process brilliantly."
Louise Parnell
Director of Finance
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Yorkshire Wildlife Trust
"What clinched it for me was the layout of iplicit. All the finance staff preferred it. The second factor was being able to migrate the archive. With iplicit, we could have our Exchequer archive in the system, as opposed to continuing to pay for a read-only version of it.
iplicit's implementation support was great and eased the migration process for us."
Darren Tiffney
Director of Finance and Central Services
Brookes Union
"I had been a user of Exchequer for 18 years and the system was becoming more and more expensive. As we were facing further cuts in funding, we needed to find a more cost-effective solution.
Another driver for change was the desire to have a system that didn’t mean I had to be locked to my desk to use it! It was important to give me the flexibility to work anywhere within campus, and also off-site."
Helen Bristow
Head of Finance & Resources
