26th March 2026 : iplicit is a UK‑based, cloud‑native accounting and financial management software platform designed for mid‑market organisations that have outgrown entry‑level solutions or become frustrated with legacy, on‑premise systems. It was created to bridge the gap between outdated on‑premise accounting software (such as Sage, Access, Exchequer) and large, complex ERP systems. It provides an advanced, intuitive, and fast‑to‑implement cloud platform without the high cost or long implementation cycles associated with full ERP systems. Launched in 2019, iplicit now supports tens of thousands of users across a wide range of sectors including businesses, non-profits, educational institutions, and government organisations. More than 45,000 customers rely on iplicit for modernised finance operations.
iplicit offers a fully cloud‑based accounting system with functionality tailored for mid‑market needs:
- Multi‑entity and multi‑currency accounting
- Automated consolidation and reporting
- Real‑time dashboards and unlimited dimensional reporting
- Workflow automation for processes like bank reconciliation and invoice approval
- Seamless integrations with other cloud applications
- Public API for breaking down data silos and enabling broader connectivity
The platform is designed for rapid implementation, with migration possible in weeks, not months. iplicit has experienced hypergrowth since launch, consistently achieving triple‑digit year‑on‑year revenue growth for six consecutive years. Key growth recognitions include:
- Featured twice in the Financial Times FT1000 list of Europe’s fastest‑growing companies
- Ranked 18th among UK businesses for growth (2024 FT1000)
- Included in the Deloitte UK Technology Fast 50
- Top 10 ranking in the Sunday Times Best Places to Work
iplicit secured £25 million in its first institutional funding round (January 2025) from technology growth investor One Peak, marking a major milestone for the company. The investment is dedicated to accelerating product development, scaling operations, and disrupting the UK mid‑market accounting software landscape. Prior to this, iplicit was almost entirely self‑funded with over £18.5 million of management investment.
We are delighted to embark on our partnership to provide the P2D platform fully integrated for iplicit clients. For more information please contact sales@p2dgroup.com
