Record verified
iplicit
iplicit is UK cloud accounting software for mid-market organizations, including charities, academy trusts and multi-entity groups, with automated consolidation, workflows, recurring billing and reporting. Its AI includes iplicit Insights, which answers plain-language questions from live financial data beside a pre-built executive dashboard, and AI-powered matching in automated bank reconciliation. iplicit holds ISO/IEC 42001 certification for its AI management system.
- SOC 2
- Unconfirmed
- Trains on customer data
- Unconfirmed
- Human review
- Unconfirmed
- Pricing
- Quote only
- Ledgers
- None documented
What the AI does
- iplicit Insights answers plain-language questions, such as the cash position across entities, from live financial data, with each figure tracing back to its source
- Executive Finance Dashboard with cash balances, P&L, revenue trends and AR and AP KPIs that update from live data
- AI-powered matching in automated bank reconciliation, with bank statements downloaded through direct bank integration
Summarized from iplicit.com.
Facts, checked against the source
- Category
- Bookkeeping, Close & reconciliationSource: iplicit.com (opens in a new tab)
- Built for
- Mid-marketSource: iplicit.com (opens in a new tab)
- Ledger integrations
- None documented among QuickBooks Online, Xero, NetSuite, Sage Intacct and Microsoft DynamicsAlso documents: Microsoft Excel (add-in), HMRC, Bank feeds, Zapier and Besyncly (iPaaS), Open API.
- Pricing
- Not publishedThe vendor does not list prices publicly; pricing is by quote or sales contact.
- Free plan
- UnconfirmedPricing is not public or does not say.
- SOC 2
- UnconfirmedWe could not find an official statement either way.
- Trains on customer data
- Unconfirmediplicit's Responsible AI page says it acts as an "AI Deployer" and doesn't use customer ledger data, service telemetry or user metadata to train generalized public AI or large language models. It doesn't separately address models iplicit might train itself.
- Human review
- Unconfirmediplicit Insights answers questions and leaves the user to decide what to do next; the pages read don't say whether AI-matched bank reconciliation items need a person's approval before they post.
- Company
- Privately held
- Checked against the linked official source on the date shown.
- Unconfirmed: we could not find an official statement.
iplicit's compliance page lists ISO 27001:2022, ISO/IEC 42001:2023 and ISO 9001:2015 certifications from the British Assessment Bureau and Cyber Essentials; it doesn't list a SOC 2 report, so SOC 2 shows as unconfirmed.
Sources
Official pages read for this listing on November 5, 2026. Vendors change their sites; if a page no longer says what we report, tell us and we will recheck it.
- www.iplicit.com/
- www.iplicit.com/solutions/features/iplicit-insights
- www.iplicit.com/solutions/features/automations-workflows
- www.iplicit.com/trust-centre/responsible-ai
- www.iplicit.com/trust-centre/compliance
- www.iplicit.com/solutions/features/integrations
1 logged change to this listing, most recently November 5, 2026. See the changelog.
iplicit questions
- Does iplicit train AI on customer data?
- We could not find a published iplicit policy that says whether customer data is used to train AI models. iplicit's Responsible AI page says it acts as an "AI Deployer" and doesn't use customer ledger data, service telemetry or user metadata to train generalized public AI or large language models. It doesn't separately address models iplicit might train itself.
- Does iplicit have SOC 2?
- We could not find an official iplicit statement about a SOC 2 report.
- Which accounting systems does iplicit integrate with?
- iplicit does not document an integration with QuickBooks Online, Xero, NetSuite, Sage Intacct or Microsoft Dynamics on its site.
- How much does iplicit cost?
- iplicit does not publish prices; pricing is by quote.
- What are alternatives to iplicit?
- Other bookkeeping tools in this directory include AccountsIQ, Acumatica, Basis, Booke AI and Botkeeper.