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Multi-company accounting software that gives you full visibility

When you’re handling the finances of a multi-company business, you can’t afford to be held back by entry-level software.

iplicit’s powerful cloud accounting software provides a single platform with up-to-the-minute data from all the entities in your group. Multiple companies, one database.

That means business decisions can be driven by real time information, without waiting for figures to be extracted and consolidated in spreadsheets.

Our larger customers have more than 300 entities in their group – and iplicit saves them days and days of staff time each month.

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Automate consolidation for faster reporting

iplicit provides a “single source of truth”, allowing you to see all the entities in a group in one view.

You choose how the data is presented, switching between the group and any individual part of it – and from the big picture to close-up detail.

Slice and dice the information as you want, using an unlimited number of dimensions, and carry out analysis and budgeting at a group or subsidiary level. Minority interests and part ownerships are easily accommodated too.

iplicit's dynamic accounting structures allow you to present the information differently to suit the requirements of different stakeholders and jurisdictions. 

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Working in multiple currencies and tax jurisdictions

Some parts of your group might deal in different currencies or be subject to different tax regimes. 

That’s not a problem for iplicit. Simply set the local currency and tax authority and iplicit does the rest – plugging into a live exchange rate feed to deliver accurate, consolidated accounts in the preferred currency of the group.

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Handling different financial years in group accounts

You may have subsidiaries using different financial years, so terms like “year end” or “period 1” don’t mean the same thing across the group.

iplicit's consolidated mapping feature resolves these complications, easily turning the figures into final accounts for the group. The processes are instantaneous and the data produced is clear and current. 

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Why should you upgrade to iplicit's multi-company accounting software ?

Powerful reporting


iplicit offers powerful reporting capabilities allowing customers to get real-time insights into key metrics and KPIs.

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.

See our case studies

Cloud accounting software for multi-company businesses

Unlimited Flexibility

iplicit offers unlimited dimensions allowing customers to slice and dice their data in as many ways as 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, iplicit 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 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 dunning 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.

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Consolidation and Multi-entity Accounting: Save yourself hours every week

If you’re spending countless hours on manual consolidation, this webinar is for you. As well as multiple data sources, currency differences and exchange rates, inter-company transactions involve duplicate effort, further adding to the frustration of reconciling inter-company accounts.

By using purpose-built accounting software that automates consolidation and simplifies intercompany recharging, you can save at least a week every month.

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Don't Take Our Word For It

Customers using our multi-company accounting software

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The Recruitment Group

Narinder Uppal, Finance Director

All the Recruitment Group’s companies are contained in one view on iplicit. Narinder has the flexibility to drilldown on each and filter and report on anything needed.

“The ability to run consolidated accounts at the touch of a button turns a previously daunting task, where normally a lot of data extraction and manipulation is required, into something very straightforward." 

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A-One Insurance Group

Sarah Smith, Group Operations Director

This 9 entity insurance group switched from Sage 50 to iplicit when reporting became problematic, meaning that they were driving the business blind.

"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."

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Health Poverty Action

Sandra Tcheumeni Boschet, Head of Finance and Administration

With complex financial reporting by entity and for the entire group, now at the touch of a button, HPA now have a high level of confidence that the information is always accurate and in real-time.

"The timesaving we experience with iplicit is enormous! We are currently preparing our year-end process, and already we are saving six weeks consolidating the various project balance sheets from various QuickBooks versions."

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