iplicit- accountants whitepapers (3)

What Accountants Could Do Next



Can IT Help Your Practice Add Value?

If technology has resulted in arm’s length commodification of services, has it also provided the accountancy profession an opportunity to develop a closer relationship with the client?

A book commissioned by iplicit looks at how IT has a role in enabling a practice to add value, whether in fact technology can assist the migration to providing a more advisory role and service to the client.

Does a practice now need to be able to harness IT in the interests not just of the firm and its practitioners but the client as well, as software becomes more complex and inextricably linked?

What are the catalysts which prompt a mid-tier company (or indeed an accountancy practice) to introduce new accounting software?

What are the issues which affect the decision-making process and timing – risk, ‘nobody got fired for buying IBM’ syndrome, worry about disruption when organisations are pushed in terms of resource, inherent reluctance to change – and how might they be addressed?

Leading up to publication, the latest thought-provoking interview to be included in the report will be available here for you to download.

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iplicit is a high-growth, disruptive cloud-based accounting software designed to bridge the gap for multi-entity and rapidly expanding businesses that have surpassed the capabilities of entry-level systems. With unlimited dimensions, enhanced reporting capabilities, and greater flexibility, iplicit helps organisations that struggle with outdated, legacy, on-premise systems to upgrade to next-generation finance software without sacrificing functionality. The platform seamlessly integrates with other cloud-based applications and offers a migration path from your existing system. Users can enjoy real-time consolidated reporting, task automation, speedy implementation, and a public API to break down data silos. The software was developed by founder Ian Andrews after decades of experience installing high-end ERP systems. He was joined by Rob Steele and Eduardo Loigorri, founders of finance software business Exchequer which installed thousands of UK-based systems during the 1990s and 2000s. iplicit has achieved triple-digit percentage growth each year since its launch in 2019 and now employs around 80 people. User numbers have grown to more than 10,000 in 72 countries and are expected to reach 65,000 in 2025. There are more than 1,000 businesses and non-profit organisations using the software and the figure is expected to reach 5,930 in 2025.