iplicit cloud accounting

Minerva is proud to partner with iplicit to deliver a powerful, modern cloud accounting and business management solution that helps organisations work more efficiently and make better-informed financial decisions. Combining iplicit’s flexible, cloud-based and intuitive platform with Minerva’s award-winning implementation, support and consultancy expertise gives customers the confidence that they are investing in more than just software; they are choosing a solution backed by hands-on expertise and over 40 years’ experience of IT support and systems implementation.

Minerva and iplicit have a wealth of experience in implementing iplicit software in sectors such as colleges, universities, charities, financial services, logistics and real estate.

You can read about some of the iplicit and Minerva implementation success stories here

Why choose iplicit as your financial software?

1. Designed to suit to growing, more complex organisations

iplicit is designed for businesses that have outgrown simpler accounting tools such as Sage 50 or Xero and need to manage more complexity, such as multiple entities, more detailed reporting, intercompany processes, and broader operational demands.

2. Stronger multi-entity consolidation and group reporting

A major advantage of iplicit is its native, real-time multi-company consolidation and intercompany capability. That can be a big step up for businesses running multiple entities, because it reduces the need for manual spreadsheets and separate databases. It does not require the workarounds or manual add-ons for this level of consolidation that other, less sophisticated systems do.

3. More advanced reporting and analysis

iplicit emphasises real-time reporting, drill-down visibility, and flexible dimensional analysis, which helps finance teams move beyond static reports and spreadsheet-heavy processes. This provides more meaningful financial management insight.

4. More built-in automation for finance processes

iplicit includes automation for areas such as invoice processing, approval workflows, accruals, prepayments, bank reconciliation, and intercompany transactions. That means less manual intervention, fewer repetitive tasks, and a faster month-end process, saving several hours of time each month.

5. Greater flexibility for integrations and future growth

iplicit is an API-first cloud platform with pre-built integrations and the flexibility to connect to wider business systems. This makes it a better fit for organisations that need finance software to sit at the centre of a broader tech stack; it provides mid-market capability without the need to jump to a full enterprise ERP.

The Minerva / iplicit Partnership

By choosing Minerva as your iplicit partner, you benefit from the combined strengths of two experienced businesses working together to help you achieve the best possible outcome. From initial consultation and smooth migration through to training, optimisation and ongoing support, we work alongside you at every stage. The result is a trusted partnership that not only helps you transition to iplicit with confidence, but also enables your organisation to unlock greater efficiency, insight and growth over time.

You can read about some of the iplicit and Minerva implementation success stories here

Frequently Asked Questions (FAQs)

What is iplicit?

A modern cloud-based accounting system for mid-market businesses.

How long does implementation take?

Typically about 16-18 days.

Can I still use Excel with iplicit?

Yes — it has an Excel add-in for live reporting.

Does iplicit support workflow approvals?

Yes — it includes approvals for expenses, purchase orders, etc.

Is iplicit suitable if I’ve outgrown legacy software?

Yes — it’s made for businesses needing more than entry-level or legacy tools.

What people say since moving to iplicit:

“It’s fantastic, the speed at which you can do things on iplicit.” “Products like Xero and Sage, and QuickBooks online, pale in comparison to iplicit. They don’t have the diversity and depth of functionality that we need – the stock control, the sales orders, purchase orders and all that information.”

“Sage 200 was inflexible and cumbersome to use. We wanted to change to something where the reporting could be so much more customisable and flexible and easy to use. And we wanted better project reporting around our productions, to try and report on costs a bit better”

“iplicit did everything we wanted it to do – and in a very straightforward way. ”“We’ve seen a lot of time savings with iplicit. At the end of the month, there used to be 30 or so reports to compile in Excel. Now, it’s basically self-serve for the budget holders, so that has saved an incredible amount of time.”

“iplicit is probably the most flexible system I’ve ever used. It saves masses of time. All the finance team have said to me, at one point or another, that the best thing I’ve ever done was bringing in iplicit.”

“We were using Exchequer when I joined Yorkshire Wildlife Trust, 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.”